Chicago Partners Investment Group LLC Buys Shares of 1,957 Guidewire Software, Inc. (NYSE:GWRE)

Chicago Partners Investment Group LLC bought a new stake in Guidewire Software, Inc. (NYSE:GWRE - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 1,957 shares of the technology company's stock, valued at approximately $336,000.

A number of other large investors have also recently modified their holdings of the business. Versant Capital Management Inc acquired a new stake in shares of Guidewire Software during the 4th quarter valued at $25,000. Assetmark Inc. boosted its holdings in shares of Guidewire Software by 537.0% during the 3rd quarter. Assetmark Inc. now owns 172 shares of the technology company's stock valued at $31,000 after acquiring an additional 145 shares in the last quarter. Point72 Hong Kong Ltd acquired a new stake in shares of Guidewire Software during the 3rd quarter valued at $33,000. Brooklyn Investment Group acquired a new stake in shares of Guidewire Software during the 3rd quarter valued at $42,000. Finally, R Squared Ltd acquired a new stake in shares of Guidewire Software during the 4th quarter valued at $47,000.

Insider Buying and Selling at Guidewire Software

In other Guidewire Software news, President John P. Mullen sold 3,000 shares of Guidewire Software stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $208.79, for a total transaction of $626,370.00. Following the completion of the transaction, the president now owns 174,746 shares in the company, valued at approximately $36,485,217.34. The trade was a 1.69 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $208.42, for a total value of $291,788.00. Following the transaction, the chief executive officer now owns 276,130 shares of the company's stock, valued at $57,551,014.60. This trade represents a 0.50 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 36,106 shares of company stock worth $6,489,127. Insiders own 0.48% of the company's stock.

Analyst Upgrades and Downgrades

GWRE has been the topic of several recent research reports. Robert W. Baird raised their price objective on Guidewire Software from $204.00 to $220.00 and gave the company an "outperform" rating in a report on Tuesday, November 19th. The Goldman Sachs Group began coverage on Guidewire Software in a research report on Thursday, January 23rd. They set a "buy" rating and a $210.00 target price for the company. Stifel Nicolaus raised their target price on Guidewire Software from $200.00 to $220.00 and gave the stock a "buy" rating in a research report on Tuesday, November 19th. JPMorgan Chase & Co. raised their target price on Guidewire Software from $210.00 to $228.00 and gave the stock an "overweight" rating in a research report on Friday, December 6th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Guidewire Software in a research report on Friday, December 6th. One research analyst has rated the stock with a sell rating, two have given a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $202.00.

Guidewire Software Stock Down 1.9 %

Shares of GWRE traded down $4.19 during trading hours on Friday, hitting $213.48. The stock had a trading volume of 871,740 shares, compared to its average volume of 1,661,625. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.66 and a quick ratio of 2.66. The firm has a 50 day simple moving average of $184.89 and a 200-day simple moving average of $176.71. The firm has a market capitalization of $17.83 billion, a P/E ratio of 593.01, a price-to-earnings-growth ratio of 56.59 and a beta of 1.25. Guidewire Software, Inc. has a 1-year low of $107.00 and a 1-year high of $219.49.

Guidewire Software Company Profile

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.