Fox Run Management L.L.C. grew its holdings in Guidewire Software, Inc. (NYSE:GWRE) by 34.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,300 shares of the technology company’s stock after purchasing an additional 1,100 shares during the quarter. Fox Run Management L.L.C.’s holdings in Guidewire Software were worth $335,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. Strs Ohio acquired a new position in shares of Guidewire Software in the 3rd quarter valued at about $1,241,000. Ardsley Advisory Partners acquired a new position in shares of Guidewire Software in the 2nd quarter valued at about $550,000. Wasatch Advisors Inc. acquired a new position in shares of Guidewire Software in the 2nd quarter valued at about $28,037,000. Public Employees Retirement System of Ohio lifted its stake in shares of Guidewire Software by 176.5% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 89,627 shares of the technology company’s stock valued at $6,158,000 after purchasing an additional 57,218 shares during the period. Finally, Koch Industries Inc. acquired a new position in shares of Guidewire Software in the 2nd quarter valued at about $304,000.

Guidewire Software (NYSE:GWRE) last issued its quarterly earnings data on Wednesday, September 6th. The technology company reported $0.59 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.39 by $0.20. Guidewire Software had a net margin of 4.13% and a return on equity of 3.59%. The business had revenue of $181.10 million during the quarter, compared to analyst estimates of $168.61 million. During the same period last year, the business posted $0.22 earnings per share. Guidewire Software’s quarterly revenue was up 28.3% compared to the same quarter last year.

A number of research analysts have recently issued reports on GWRE shares. Zacks Investment Research raised Guidewire Software from a “hold” rating to a “buy” rating and set a $78.00 price objective on the stock in a research note on Wednesday, July 12th. BidaskClub raised Guidewire Software from a “buy” rating to a “strong-buy” rating in a research note on Thursday, August 3rd. ValuEngine raised Guidewire Software from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. TheStreet downgraded Guidewire Software from a “b-” rating to a “c+” rating in a research note on Monday, August 14th. Finally, KeyCorp reissued a “buy” rating and issued a $75.00 price objective on shares of Guidewire Software in a research note on Friday, August 25th. Five research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $80.11.

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In other news, CFO Richard Hart sold 375 shares of Guidewire Software stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $70.94, for a total transaction of $26,602.50. Following the completion of the transaction, the chief financial officer now directly owns 3,880 shares in the company, valued at $275,247.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Scott Roza sold 781 shares of Guidewire Software stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $70.33, for a total transaction of $54,927.73. Following the transaction, the insider now owns 998 shares of the company’s stock, valued at $70,189.34. The disclosure for this sale can be found here. Insiders sold 114,641 shares of company stock valued at $8,884,061 over the last 90 days. 0.96% of the stock is currently owned by company insiders.

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.

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

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