Swiss National Bank raised its position in Guidewire Software, Inc. (NYSE:GWRE) by 1.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 123,718 shares of the technology company’s stock after purchasing an additional 1,300 shares during the quarter. Swiss National Bank owned about 164,935.34% of Guidewire Software worth $9,633,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in the business. Teacher Retirement System of Texas increased its stake in shares of Guidewire Software by 1.1% in the second quarter. Teacher Retirement System of Texas now owns 5,906 shares of the technology company’s stock valued at $406,000 after purchasing an additional 63 shares during the period. Pacer Advisors Inc. increased its stake in shares of Guidewire Software by 1.0% during the second quarter. Pacer Advisors Inc. now owns 8,178 shares of the technology company’s stock valued at $562,000 after acquiring an additional 78 shares during the period. The Manufacturers Life Insurance Company increased its stake in shares of Guidewire Software by 7.3% during the second quarter. The Manufacturers Life Insurance Company now owns 2,205 shares of the technology company’s stock valued at $151,000 after acquiring an additional 150 shares during the period. Aperio Group LLC increased its stake in shares of Guidewire Software by 5.3% during the second quarter. Aperio Group LLC now owns 5,369 shares of the technology company’s stock valued at $369,000 after acquiring an additional 269 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Guidewire Software by 12.6% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,536 shares of the technology company’s stock valued at $174,000 after acquiring an additional 283 shares during the period.

Guidewire Software, Inc. (GWRE) opened at $81.88 on Tuesday. The stock has a market cap of $6,140.00, a P/E ratio of 194.02, a price-to-earnings-growth ratio of 25.80 and a beta of 1.23. Guidewire Software, Inc. has a 12-month low of $49.18 and a 12-month high of $83.47.

Guidewire Software (NYSE:GWRE) last posted its quarterly earnings results on Wednesday, September 6th. The technology company reported $0.59 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.39 by $0.20. The firm had revenue of $181.10 million for the quarter, compared to analyst estimates of $168.61 million. Guidewire Software had a net margin of 4.13% and a return on equity of 3.59%. The firm’s quarterly revenue was up 28.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.22 earnings per share. research analysts forecast that Guidewire Software, Inc. will post 0.2 earnings per share for the current fiscal year.

A number of research firms recently commented on GWRE. KeyCorp reiterated a “buy” rating and set a $86.00 price objective on shares of Guidewire Software in a research note on Friday, September 29th. TheStreet upgraded shares of Guidewire Software from a “c+” rating to a “b” rating in a research note on Wednesday, September 6th. BidaskClub lowered shares of Guidewire Software from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 11th. ValuEngine upgraded shares of Guidewire Software from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. Finally, Deutsche Bank AG reiterated a “buy” rating and set a $85.00 price objective (up previously from $80.00) on shares of Guidewire Software in a research note on Monday, October 2nd. One analyst has rated the stock with a sell rating, four have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $80.11.

In related news, CEO Marcus Ryu sold 25,000 shares of the firm’s stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $75.51, for a total value of $1,887,750.00. Following the completion of the transaction, the chief executive officer now owns 139,139 shares of the company’s stock, valued at approximately $10,506,385.89. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Craig Conway sold 600 shares of the firm’s stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $79.23, for a total transaction of $47,538.00. Following the completion of the transaction, the director now directly owns 8,847 shares of the company’s stock, valued at approximately $700,947.81. The disclosure for this sale can be found here. In the last 90 days, insiders sold 113,621 shares of company stock worth $8,821,024. 0.69% of the stock is currently owned by company insiders.

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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.

Institutional Ownership by Quarter for Guidewire Software (NYSE:GWRE)

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