Guidewire Software Inc (NYSE:GWRE) CEO Marcus Ryu sold 20,000 shares of the company’s stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $74.06, for a total transaction of $1,481,200.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

  • On Tuesday, December 19th, Marcus Ryu sold 9,435 shares of Guidewire Software stock. The shares were sold at an average price of $73.60, for a total transaction of $694,416.00.
  • On Friday, December 1st, Marcus Ryu sold 25,000 shares of Guidewire Software stock. The shares were sold at an average price of $73.26, for a total transaction of $1,831,500.00.
  • On Wednesday, November 1st, Marcus Ryu sold 25,000 shares of Guidewire Software stock. The shares were sold at an average price of $78.80, for a total transaction of $1,970,000.00.

Shares of Guidewire Software Inc (NYSE GWRE) opened at $77.04 on Friday. The stock has a market cap of $5,810.00, a PE ratio of 308.16, a price-to-earnings-growth ratio of 85.74 and a beta of 1.17. Guidewire Software Inc has a twelve month low of $50.63 and a twelve month high of $83.52.

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

Institutional investors have recently modified their holdings of the company. Ameriprise Financial Inc. lifted its holdings in shares of Guidewire Software by 51.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 88,489 shares of the technology company’s stock worth $6,079,000 after acquiring an additional 30,089 shares during the period. First Trust Advisors LP lifted its holdings in shares of Guidewire Software by 3,290.9% during the 3rd quarter. First Trust Advisors LP now owns 105,797 shares of the technology company’s stock worth $8,237,000 after acquiring an additional 102,677 shares during the period. BlackRock Inc. lifted its holdings in shares of Guidewire Software by 3.4% during the 2nd quarter. BlackRock Inc. now owns 3,175,007 shares of the technology company’s stock worth $218,156,000 after acquiring an additional 103,707 shares during the period. Koch Industries Inc. bought a new stake in shares of Guidewire Software during the 2nd quarter worth approximately $304,000. Finally, Vanguard Group Inc. lifted its holdings in shares of Guidewire Software by 1.7% during the 2nd quarter. Vanguard Group Inc. now owns 5,789,792 shares of the technology company’s stock worth $397,816,000 after acquiring an additional 96,478 shares during the period.

A number of research firms have issued reports on GWRE. Citigroup set a $85.00 price objective on shares of Guidewire Software and gave the company a “buy” rating in a report on Thursday, November 30th. KeyCorp reissued a “buy” rating and issued a $86.00 price objective on shares of Guidewire Software in a report on Friday, September 29th. Zacks Investment Research downgraded shares of Guidewire Software from a “buy” rating to a “hold” rating in a report on Friday, October 20th. Deutsche Bank reissued a “buy” rating and issued a $85.00 price objective on shares of Guidewire Software in a report on Thursday, November 30th. Finally, BidaskClub downgraded shares of Guidewire Software from a “strong-buy” rating to a “buy” rating in a report on Wednesday, October 18th. Four analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has an average 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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