Guidewire Software, Inc. (NYSE:GWRE - Get Free Report) CEO Michael George Rosenbaum sold 1,400 shares of the company's stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $195.15, for a total transaction of $273,210.00. Following the completion of the transaction, the chief executive officer now owns 261,393 shares of the company's stock, valued at $51,010,843.95. This trade represents a 0.53 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Michael George Rosenbaum also recently made the following trade(s):
- On Monday, March 17th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $185.03, for a total value of $259,042.00.
- On Monday, March 10th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $170.04, for a total value of $238,056.00.
- On Monday, March 3rd, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $203.13, for a total value of $284,382.00.
- On Monday, February 24th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were 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 shares were 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 value 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 value of $251,874.00.
- On Wednesday, January 15th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $174.78, for a total value of $244,692.00.
Guidewire Software Price Performance
Shares of GWRE stock traded down $3.99 during trading on Friday, hitting $187.54. The company had a trading volume of 667,149 shares, compared to its average volume of 889,587. The firm has a market capitalization of $15.73 billion, a P/E ratio of 520.95, a price-to-earnings-growth ratio of 37.21 and a beta of 1.31. Guidewire Software, Inc. has a one year low of $107.00 and a one year 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's 50-day moving average price is $199.36 and its 200 day moving average price is $188.52.
Guidewire Software (NYSE:GWRE - Get Free Report) last released 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). Guidewire Software had a net margin of 2.91% and a return on equity of 2.38%. The company had revenue of $289.48 million for the quarter, compared to the consensus estimate of $285.74 million. Equities analysts expect that Guidewire Software, Inc. will post 0.52 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several research firms recently weighed in on GWRE. JMP Securities reissued a "market outperform" rating and issued a $231.00 target price on shares of Guidewire Software in a research note on Friday, December 6th. Needham & Company LLC restated a "hold" rating on shares of Guidewire Software in a research note on Friday, March 7th. DA Davidson reiterated a "buy" rating and set a $210.00 price target on shares of Guidewire Software in a report on Wednesday, December 4th. Royal Bank of Canada boosted their price target on Guidewire Software from $215.00 to $230.00 and gave the stock an "outperform" rating in a research report on Friday, December 6th. Finally, Robert W. Baird lifted their target price on 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 issued a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $206.08.
View Our Latest Stock Report on GWRE
Hedge Funds Weigh In On Guidewire Software
Several hedge funds and other institutional investors have recently made changes to their positions in GWRE. Vanguard Group Inc. raised its position in Guidewire Software by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 8,455,534 shares of the technology company's stock valued at $1,425,434,000 after purchasing an additional 90,618 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of Guidewire Software by 29.5% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 4,436,873 shares of the technology company's stock worth $747,968,000 after buying an additional 1,009,966 shares in the last quarter. Stockbridge Partners LLC lifted its position in shares of Guidewire Software by 8.3% during the 4th quarter. Stockbridge Partners LLC now owns 2,678,857 shares of the technology company's stock worth $451,602,000 after buying an additional 205,382 shares during the last quarter. Artisan Partners Limited Partnership boosted its stake in Guidewire Software by 26.1% in the fourth quarter. Artisan Partners Limited Partnership now owns 1,407,778 shares of the technology company's stock valued at $237,323,000 after buying an additional 291,774 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in Guidewire Software by 1.0% in the fourth quarter. Geode Capital Management LLC now owns 1,342,771 shares of the technology company's stock valued at $226,701,000 after acquiring an additional 12,697 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.
Further Reading
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