Guidewire Software Inc (NYSE:GWRE) Director Craig Conway sold 600 shares of the stock in a transaction that occurred on Tuesday, January 16th. The stock was sold at an average price of $77.99, for a total transaction of $46,794.00. Following the completion of the sale, the director now directly owns 10,893 shares of the company’s stock, valued at $849,545.07. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Craig Conway also recently made the following trade(s):

  • On Friday, December 15th, Craig Conway sold 600 shares of Guidewire Software stock. The stock was sold at an average price of $73.49, for a total value of $44,094.00.
  • On Wednesday, November 15th, Craig Conway sold 600 shares of Guidewire Software stock. The stock was sold at an average price of $79.23, for a total value of $47,538.00.

Shares of Guidewire Software Inc (NYSE:GWRE) traded up $0.19 during mid-day trading on Thursday, reaching $75.64. The company’s stock had a trading volume of 565,800 shares, compared to its average volume of 497,900. Guidewire Software Inc has a one year low of $51.00 and a one year high of $83.52. The firm has a market capitalization of $5,700.00, a P/E ratio of 302.56, a PEG ratio of 85.63 and a beta of 1.17.

Guidewire Software (NYSE:GWRE) last announced its quarterly earnings results on Wednesday, November 29th. The technology company reported ($0.06) EPS for the quarter, missing the consensus estimate of $0.04 by ($0.10). Guidewire Software had a net margin of 3.82% and a return on equity of 3.29%. The company had revenue of $108.20 million for the quarter, compared to analyst estimates of $100.61 million. During the same quarter last year, the business earned $0.02 EPS. The company’s revenue for the quarter was up 15.0% on a year-over-year basis. analysts expect that Guidewire Software Inc will post 0.06 earnings per share for the current year.

A number of hedge funds have recently made changes to their positions in GWRE. Schwab Charles Investment Management Inc. grew its holdings in Guidewire Software by 10.0% during the second quarter. Schwab Charles Investment Management Inc. now owns 307,367 shares of the technology company’s stock valued at $21,120,000 after purchasing an additional 28,021 shares during the last quarter. First Trust Advisors LP acquired a new position in Guidewire Software during the second quarter valued at approximately $214,000. Legal & General Group Plc grew its holdings in Guidewire Software by 16.5% during the second quarter. Legal & General Group Plc now owns 27,235 shares of the technology company’s stock valued at $1,871,000 after purchasing an additional 3,850 shares during the last quarter. Comerica Bank acquired a new position in Guidewire Software during the second quarter valued at approximately $230,000. Finally, Prudential Financial Inc. acquired a new position in Guidewire Software during the second quarter valued at approximately $280,000.

A number of equities analysts recently commented on the company. Zacks Investment Research downgraded Guidewire Software from a “hold” rating to a “sell” rating in a report on Tuesday, November 7th. Deutsche Bank restated a “buy” rating and issued a $85.00 price objective (up previously from $80.00) on shares of Guidewire Software in a report on Monday, October 2nd. BidaskClub downgraded Guidewire Software from a “strong-buy” rating to a “buy” rating in a report on Wednesday, October 18th. KeyCorp restated a “buy” rating and issued a $86.00 price objective on shares of Guidewire Software in a report on Friday, September 29th. Finally, Citigroup set a $85.00 price objective on Guidewire Software and gave the stock a “buy” rating in a report on Thursday, November 30th. One analyst has rated the stock with a sell rating, three have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $80.11.

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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.

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

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