Guidewire Software, Inc. (NYSE:GWRE) CEO Marcus Ryu sold 25,000 shares of the stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $78.56, for a total transaction of $1,964,000.00. Following the sale, the chief executive officer now directly owns 149,678 shares in the company, valued at $11,758,703.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Marcus Ryu also recently made the following trade(s):

  • On Tuesday, September 19th, Marcus Ryu sold 13,249 shares of Guidewire Software stock. The shares were sold at an average price of $77.79, for a total transaction of $1,030,639.71.
  • On Friday, September 1st, Marcus Ryu sold 25,000 shares of Guidewire Software stock. The shares were sold at an average price of $75.51, for a total transaction of $1,887,750.00.
  • On Tuesday, August 1st, Marcus Ryu sold 25,000 shares of Guidewire Software stock. The stock was sold at an average price of $72.34, for a total transaction of $1,808,500.00.
  • On Friday, July 14th, Marcus Ryu sold 10,341 shares of Guidewire Software stock. The stock was sold at an average price of $69.65, for a total transaction of $720,250.65.
  • On Wednesday, July 5th, Marcus Ryu sold 10,342 shares of Guidewire Software stock. The stock was sold at an average price of $68.91, for a total transaction of $712,667.22.

Shares of Guidewire Software, Inc. (NYSE:GWRE) opened at 77.62 on Wednesday. The stock has a market capitalization of $5.82 billion, a price-to-earnings ratio of 277.21 and a beta of 1.22. The firm’s 50-day moving average price is $75.69 and its 200 day moving average price is $67.68. Guidewire Software, Inc. has a 1-year low of $49.18 and a 1-year high of $81.46.

Guidewire Software (NYSE:GWRE) last announced its quarterly earnings data on Wednesday, September 6th. The technology company reported $0.59 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.39 by $0.20. The firm had revenue of $181.10 million during the quarter, compared to analysts’ expectations of $168.61 million. Guidewire Software had a net margin of 4.13% and a return on equity of 3.59%. The business’s revenue for the quarter was up 28.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.22 earnings per share. Equities research analysts expect that Guidewire Software, Inc. will post $1.03 earnings per share for the current fiscal year.

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A number of research firms have recently commented on GWRE. TheStreet upgraded Guidewire Software from a “c+” rating to a “b” rating in a research report on Wednesday, September 6th. Piper Jaffray Companies restated a “buy” rating and issued a $80.00 price target on shares of Guidewire Software in a research note on Sunday, August 27th. KeyCorp reaffirmed a “buy” rating and issued a $75.00 price target on shares of Guidewire Software in a report on Friday, August 25th. Zacks Investment Research raised Guidewire Software from a “hold” rating to a “buy” rating and set a $78.00 price target for the company in a report on Wednesday, July 12th. Finally, BidaskClub cut Guidewire Software from a “strong-buy” rating to a “buy” rating in a report on Friday, August 11th. Four equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and three have issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $80.67.

A number of institutional investors have recently modified their holdings of GWRE. US Bancorp DE lifted its position in shares of Guidewire Software by 35.4% during the 1st quarter. US Bancorp DE now owns 8,695 shares of the technology company’s stock valued at $490,000 after acquiring an additional 2,273 shares during the period. Bank of New York Mellon Corp grew its holdings in shares of Guidewire Software by 1.9% in the 1st quarter. Bank of New York Mellon Corp now owns 258,731 shares of the technology company’s stock worth $14,574,000 after acquiring an additional 4,760 shares during the period. UBS Asset Management Americas Inc. grew its holdings in shares of Guidewire Software by 18.9% in the 1st quarter. UBS Asset Management Americas Inc. now owns 45,635 shares of the technology company’s stock worth $2,571,000 after acquiring an additional 7,247 shares during the period. Karp Capital Management Corp acquired a new stake in shares of Guidewire Software in the 1st quarter worth approximately $287,000. Finally, Mutual of America Capital Management LLC grew its holdings in shares of Guidewire Software by 19.9% in the 1st quarter. Mutual of America Capital Management LLC now owns 4,756 shares of the technology company’s stock worth $268,000 after acquiring an additional 791 shares during the period.

Guidewire Software Company Profile

Guidewire Software, Inc is a provider of software products for property and casualty (P&C) insurers. The Company’s software serves as a technology platform for P&C insurance carriers. The Company’s InsurancePlatform consists of three elements: core transaction processing, data management and analytics, and digital engagement.

Insider Buying and Selling by Quarter for Guidewire Software (NYSE:GWRE)

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