Jeffrey Elliott Cooper Sells 1,956 Shares of Guidewire Software, Inc. (NYSE:GWRE) Stock

Guidewire Software, Inc. (NYSE:GWRE - Get Free Report) CFO Jeffrey Elliott Cooper sold 1,956 shares of the firm's stock in a transaction that occurred on Tuesday, March 18th. The stock was sold at an average price of $189.41, for a total transaction of $370,485.96. Following the completion of the transaction, the chief financial officer now directly owns 71,538 shares in the company, valued at approximately $13,550,012.58. The trade was a 2.66 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Jeffrey Elliott Cooper also recently made the following trade(s):

• On Wednesday, January 15th, Jeffrey Elliott Cooper sold 300 shares of Guidewire Software stock. The stock was sold at an average price of $174.78, for a total value of $52,434.00.

Guidewire Software Stock Up 3.1 %

GWRE stock traded up $6.01 during trading on Monday, hitting $197.55. 752,778 shares of the company's stock traded hands, compared to its average volume of 868,194. The business has a fifty day simple moving average of $197.47 and a two-hundred day simple moving average of $187.69. The company has a quick ratio of 2.66, a current ratio of 2.66 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $16.57 billion, a P/E ratio of 548.75, a PEG ratio of 37.21 and a beta of 1.31. Guidewire Software, Inc. has a 1 year low of $107.00 and a 1 year high of $219.59.

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Guidewire Software (NYSE:GWRE - Get Free Report) last issued its quarterly earnings data 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 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. Sell-side analysts anticipate that Guidewire Software, Inc. will post 0.52 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of GWRE. Vanguard Group Inc. grew its holdings in Guidewire Software by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 8,455,534 shares of the technology company's stock worth $1,425,434,000 after purchasing an additional 90,618 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in 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 during the last quarter. Stockbridge Partners LLC increased its position in Guidewire Software by 8.3% during the 4th quarter. Stockbridge Partners LLC now owns 2,678,857 shares of the technology company's stock valued at $451,602,000 after buying an additional 205,382 shares in the last quarter. Artisan Partners Limited Partnership boosted its holdings 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 worth $237,323,000 after acquiring an additional 291,774 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of Guidewire Software by 1.0% during the fourth quarter. Geode Capital Management LLC now owns 1,342,771 shares of the technology company's stock worth $226,701,000 after acquiring an additional 12,697 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Robert W. Baird lifted their price target on Guidewire Software from $230.00 to $236.00 and gave the stock an "outperform" rating in a research report on Friday, March 7th. Wells Fargo & Company increased their price objective on shares of Guidewire Software from $215.00 to $220.00 and gave the stock an "overweight" rating in a research report on Friday, December 6th. Oppenheimer upped their target price on Guidewire Software from $220.00 to $230.00 and gave the company an "outperform" rating in a research note on Friday, December 6th. The Goldman Sachs Group raised their price target on Guidewire Software from $210.00 to $240.00 and gave the stock a "buy" rating in a research note on Monday, February 10th. Finally, Royal Bank of Canada upped their price objective on Guidewire Software from $215.00 to $230.00 and gave the company an "outperform" rating in a research report on Friday, December 6th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have assigned a buy rating to the company's stock. According to data from MarketBeat, Guidewire Software presently has an average rating of "Moderate Buy" and an average price target 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.