Sei Investments Co. boosted its position in Guidewire Software Inc (NYSE:GWRE) by 6.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 554,528 shares of the technology company’s stock after acquiring an additional 33,063 shares during the period. Sei Investments Co.’s holdings in Guidewire Software were worth $60,871,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Janney Montgomery Scott LLC raised its stake in shares of Guidewire Software by 3.4% in the third quarter. Janney Montgomery Scott LLC now owns 7,569 shares of the technology company’s stock worth $798,000 after purchasing an additional 252 shares during the last quarter. Voloridge Investment Management LLC purchased a new stake in shares of Guidewire Software in the third quarter worth approximately $6,003,000. Synovus Financial Corp raised its stake in shares of Guidewire Software by 8,836.8% in the third quarter. Synovus Financial Corp now owns 5,094 shares of the technology company’s stock worth $541,000 after purchasing an additional 5,037 shares during the last quarter. Keybank National Association OH raised its stake in shares of Guidewire Software by 5.6% in the third quarter. Keybank National Association OH now owns 3,208 shares of the technology company’s stock worth $338,000 after purchasing an additional 171 shares during the last quarter. Finally, Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in shares of Guidewire Software in the fourth quarter worth approximately $77,000.

Several analysts have recently commented on GWRE shares. Wells Fargo & Co started coverage on Guidewire Software in a research note on Monday, January 27th. They issued an “underweight” rating and a $100.00 price objective for the company. Needham & Company LLC started coverage on Guidewire Software in a research note on Wednesday, February 5th. They issued a “buy” rating and a $140.00 price objective for the company. Citigroup increased their price objective on Guidewire Software from $97.00 to $115.00 and gave the stock a “neutral” rating in a research note on Monday, December 9th. William Blair reaffirmed a “buy” rating on shares of Guidewire Software in a research report on Friday, January 10th. Finally, Guggenheim reaffirmed a “buy” rating and set a $130.00 price target on shares of Guidewire Software in a research report on Friday, December 6th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the company’s stock. Guidewire Software has a consensus rating of “Hold” and an average price target of $117.63.

In other news, CFO Curtis Smith sold 4,500 shares of the firm’s stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of $103.51, for a total value of $465,795.00. Following the completion of the transaction, the chief financial officer now directly owns 4,493 shares of the company’s stock, valued at $465,070.43. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Priscilla Hung sold 2,267 shares of the firm’s stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $105.02, for a total value of $238,080.34. Following the completion of the transaction, the chief operating officer now directly owns 9,425 shares of the company’s stock, valued at $989,813.50. The disclosure for this sale can be found here. Over the last three months, insiders have sold 90,714 shares of company stock valued at $9,722,813. 0.37% of the stock is owned by corporate insiders.

NYSE GWRE traded up $1.16 on Friday, hitting $122.42. 349,315 shares of the stock traded hands, compared to its average volume of 565,065. The business’s fifty day moving average is $113.03 and its two-hundred day moving average is $108.58. Guidewire Software Inc has a 12 month low of $84.19 and a 12 month high of $123.60. The firm has a market capitalization of $9.96 billion, a price-to-earnings ratio of -12,242,000.00, a PEG ratio of 43.05 and a beta of 1.15. The company has a debt-to-equity ratio of 0.27, a quick ratio of 7.22 and a current ratio of 7.22.

Guidewire Software (NYSE:GWRE) last announced its quarterly earnings data on Thursday, December 5th. The technology company reported ($0.09) earnings per share for the quarter, beating the consensus estimate of ($0.20) by $0.11. Guidewire Software had a return on equity of 2.01% and a net margin of 0.03%. The business had revenue of $157.00 million during the quarter, compared to analyst estimates of $151.75 million. During the same period in the prior year, the company earned $0.36 earnings per share. Guidewire Software’s revenue was down 12.8% compared to the same quarter last year. Analysts expect that Guidewire Software Inc will post 0.2 EPS for the current fiscal year.

Guidewire Software Company Profile

Guidewire Software, Inc provides software products for property and casualty insurers worldwide. The company offers Guidewire InsuranceSuite comprising Guidewire PolicyCenter, BillingCenter, and ClaimCenter applications. It also provides Guidewire InsuranceNow, a cloud-based platform, which offers policy, billing, and claims management functionality to insurers that prefer to subscribe to a cloud-based solution.

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

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