B. Metzler seel. Sohn & Co. AG Has $2.44 Million Position in Guidewire Software, Inc. (NYSE:GWRE)

B. Metzler seel. Sohn & Co. AG trimmed its holdings in shares of Guidewire Software, Inc. (NYSE:GWRE - Free Report) by 29.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 14,449 shares of the technology company's stock after selling 6,102 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in Guidewire Software were worth $2,436,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of GWRE. Scalar Gauge Management LLC acquired a new stake in shares of Guidewire Software in the fourth quarter valued at approximately $169,000. O Shaughnessy Asset Management LLC raised its stake in Guidewire Software by 10.6% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 5,548 shares of the technology company's stock valued at $935,000 after purchasing an additional 533 shares in the last quarter. California Public Employees Retirement System lifted its position in Guidewire Software by 2.0% during the fourth quarter. California Public Employees Retirement System now owns 386,246 shares of the technology company's stock worth $65,113,000 after purchasing an additional 7,467 shares during the period. Arrowstreet Capital Limited Partnership grew its stake in Guidewire Software by 79.4% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 946,158 shares of the technology company's stock worth $159,503,000 after buying an additional 418,642 shares in the last quarter. Finally, Orion Portfolio Solutions LLC grew its stake in Guidewire Software by 1.0% during the fourth quarter. Orion Portfolio Solutions LLC now owns 21,518 shares of the technology company's stock worth $3,628,000 after buying an additional 216 shares in the last quarter.

Insider Buying and Selling

In other Guidewire Software news, CEO Michael George Rosenbaum sold 1,400 shares of the firm's stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $170.04, for a total transaction of $238,056.00. Following the completion of the transaction, the chief executive officer now owns 269,130 shares in the company, valued at approximately $45,762,865.20. This trade represents a 0.52 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Jeffrey Elliott Cooper sold 300 shares of the company's stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $174.78, for a total transaction of $52,434.00. Following the completion of the sale, the chief financial officer now directly owns 73,494 shares in the company, valued at approximately $12,845,281.32. This represents a 0.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 40,880 shares of company stock valued at $7,850,222 in the last three months. Insiders own 0.48% of the company's stock.

Guidewire Software Trading Down 5.3 %

Shares of NYSE:GWRE traded down $9.82 during midday trading on Friday, hitting $174.35. 864,625 shares of the stock were exchanged, compared to its average volume of 894,155. The business's 50-day moving average price is $198.84 and its 200 day moving average price is $189.19. Guidewire Software, Inc. has a 12 month low of $107.00 and a 12 month high of $219.59. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.66 and a current ratio of 2.66. The stock has a market capitalization of $14.62 billion, a price-to-earnings ratio of 484.30, a P/E/G ratio of 37.21 and a beta of 1.19.

Guidewire Software (NYSE:GWRE - Get Free Report) last posted its earnings results on Thursday, March 6th. The technology company reported $0.08 earnings per share for the quarter, missing analysts' consensus estimates of $0.52 by ($0.44). The business had revenue of $289.48 million for the quarter, compared to the consensus estimate of $285.74 million. Guidewire Software had a return on equity of 2.38% and a net margin of 2.91%. Analysts predict that Guidewire Software, Inc. will post 0.52 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on GWRE. JPMorgan Chase & Co. upped their price target on shares of Guidewire Software from $228.00 to $231.00 and gave the stock an "overweight" rating in a report on Friday, March 7th. Needham & Company LLC restated a "hold" rating on shares of Guidewire Software in a research note on Friday, March 7th. Robert W. Baird raised their target price on Guidewire Software from $230.00 to $236.00 and gave the company an "outperform" rating in a report on Friday, March 7th. Finally, The Goldman Sachs Group lifted their price target on Guidewire Software from $210.00 to $240.00 and gave the company a "buy" rating in a research note on Monday, February 10th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $206.08.

About Guidewire Software

Guidewire Software, Inc provides a platform for property and casualty (P&C) insurers worldwide. The company offers Guidewire InsuranceSuite Cloud, such as PolicyCenter Cloud, BillingCenter Cloud, and ClaimCenter Cloud applications. It also provides Guidewire InsuranceNow, a cloud-based platform that offers policy, billing, and claims management functionality to insurers; and Guidewire InsuranceSuite for Self-Managed.