Guidewire Software, Inc. (NYSE:GWRE - Get Free Report) CEO Michael George Rosenbaum sold 1,400 shares of the business's stock in a transaction on Monday, March 10th. The stock was 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 directly owns 269,130 shares in the company, valued at $45,762,865.20. This trade represents a 0.52 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.
Michael George Rosenbaum also recently made the following trade(s):
- On Monday, March 3rd, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $203.13, for a total transaction of $284,382.00.
- On Monday, February 24th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $203.65, for a total transaction of $285,110.00.
- On Tuesday, February 18th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $212.42, for a total transaction of $297,388.00.
- On Monday, February 10th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $214.68, for a total transaction of $300,552.00.
- On Monday, February 3rd, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $208.42, for a total transaction of $291,788.00.
- On Monday, January 27th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $201.90, for a total transaction of $282,660.00.
- On Tuesday, January 21st, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $179.91, for a total transaction of $251,874.00.
- On Wednesday, January 15th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $174.78, for a total transaction of $244,692.00.
- On Tuesday, December 17th, Michael George Rosenbaum sold 5,932 shares of Guidewire Software stock. The stock was sold at an average price of $171.06, for a total transaction of $1,014,727.92.
Guidewire Software Stock Performance
NYSE GWRE traded up $9.73 on Friday, reaching $185.74. The stock had a trading volume of 665,631 shares, compared to its average volume of 1,313,079. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.66 and a current ratio of 2.66. Guidewire Software, Inc. has a 12-month low of $107.00 and a 12-month high of $219.59. The business's 50-day moving average price is $195.00 and its 200 day moving average price is $185.29. The stock has a market cap of $15.51 billion, a P/E ratio of 515.01, a price-to-earnings-growth ratio of 37.21 and a beta of 1.31.
Guidewire Software (NYSE:GWRE - Get Free Report) last released its quarterly earnings results on Thursday, March 6th. The technology company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.44). Guidewire Software had a return on equity of 2.38% and a net margin of 2.91%. The company had revenue of $289.48 million for the quarter, compared to analysts' expectations of $285.74 million. As a group, equities analysts expect that Guidewire Software, Inc. will post 0.52 earnings per share for the current year.
Analysts Set New Price Targets
A number of equities research analysts have recently commented on the stock. The Goldman Sachs Group raised their price objective on shares of Guidewire Software from $210.00 to $240.00 and gave the stock a "buy" rating in a research note on Monday, February 10th. Royal Bank of Canada lifted their price target on shares of Guidewire Software from $215.00 to $230.00 and gave the company an "outperform" rating in a research note on Friday, December 6th. JMP Securities reissued a "market outperform" rating and issued a $231.00 price target on shares of Guidewire Software in a research note on Friday, December 6th. DA Davidson reissued a "buy" rating and issued a $210.00 price target on shares of Guidewire Software in a research note on Wednesday, December 4th. Finally, Robert W. Baird lifted their target price on shares of Guidewire Software from $230.00 to $236.00 and gave the stock an "outperform" rating in a research note on Friday, March 7th. One research analyst has rated the stock with a sell rating, two have given a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $206.08.
View Our Latest Report on Guidewire Software
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of GWRE. Massachusetts Financial Services Co. MA raised its position in Guidewire Software by 29.5% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 4,436,873 shares of the technology company's stock worth $747,968,000 after acquiring an additional 1,009,966 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Guidewire Software by 79.4% during the 4th 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 during the last quarter. Janus Henderson Group PLC raised its stake in shares of Guidewire Software by 242.2% during the 4th quarter. Janus Henderson Group PLC now owns 555,892 shares of the technology company's stock worth $93,683,000 after buying an additional 393,445 shares during the last quarter. Rathbones Group PLC acquired a new position in shares of Guidewire Software during the 4th quarter worth $58,118,000. Finally, Balyasny Asset Management L.P. raised its stake in shares of Guidewire Software by 877.7% during the 4th quarter. Balyasny Asset Management L.P. now owns 367,445 shares of the technology company's stock worth $61,944,000 after buying an additional 329,863 shares during the last quarter.
Guidewire Software Company Profile
(
Get Free Report)
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.
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