Guidewire Software Inc (NYSE:GWRE) insider Michael Polelle sold 208 shares of Guidewire Software stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $77.81, for a total transaction of $16,184.48. Following the transaction, the insider now directly owns 2,489 shares in the company, valued at $193,669.09. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Michael Polelle also recently made the following trade(s):

  • On Wednesday, December 20th, Michael Polelle sold 3,241 shares of Guidewire Software stock. The shares were sold at an average price of $73.24, for a total transaction of $237,370.84.
  • On Wednesday, November 15th, Michael Polelle sold 208 shares of Guidewire Software stock. The shares were sold at an average price of $79.31, for a total transaction of $16,496.48.

Guidewire Software Inc (NYSE GWRE) traded up $0.43 during midday trading on Friday, hitting $77.11. 358,391 shares of the stock were exchanged, compared to its average volume of 547,037. Guidewire Software Inc has a twelve month low of $51.00 and a twelve month high of $83.52. The firm has a market capitalization of $5,810.00, a PE ratio of 308.44, a P/E/G ratio of 87.02 and a beta of 1.17.

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

A number of research analysts have weighed in on the stock. Zacks Investment Research cut shares of Guidewire Software from a “hold” rating to a “sell” rating in a research report on Monday, January 8th. TheStreet cut shares of Guidewire Software from a “b” rating to a “c+” rating in a research report on Wednesday, November 29th. Deutsche Bank reissued a “buy” rating and set a $85.00 target price on shares of Guidewire Software in a research report on Thursday, November 30th. Citigroup set a $85.00 target price on shares of Guidewire Software and gave the stock a “buy” rating in a research report on Thursday, November 30th. Finally, BidaskClub cut shares of Guidewire Software from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, October 18th. One analyst has rated the stock with a sell rating, three have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. Guidewire Software presently has a consensus rating of “Buy” and a consensus price target of $80.11.

Several large investors have recently modified their holdings of the stock. State of Alaska Department of Revenue bought a new stake in shares of Guidewire Software in the fourth quarter worth $363,000. Schwab Charles Investment Management Inc. increased its stake in shares of Guidewire Software by 6.6% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 348,836 shares of the technology company’s stock worth $25,905,000 after buying an additional 21,742 shares during the last quarter. Bank of Montreal Can increased its stake in shares of Guidewire Software by 98.0% in the fourth quarter. Bank of Montreal Can now owns 6,530 shares of the technology company’s stock worth $485,000 after buying an additional 3,232 shares during the last quarter. Sit Investment Associates Inc. bought a new stake in shares of Guidewire Software in the fourth quarter worth $2,230,000. Finally, Atlantic Trust Group LLC bought a new stake in shares of Guidewire Software in the third quarter worth $39,989,000.

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About Guidewire Software

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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