Whittier Trust Co. Purchases 2,126 Shares of Guidewire Software, Inc. (NYSE:GWRE)

Whittier Trust Co. boosted its stake in Guidewire Software, Inc. (NYSE:GWRE - Free Report) by 3.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 59,382 shares of the technology company's stock after purchasing an additional 2,126 shares during the period. Whittier Trust Co. owned about 0.07% of Guidewire Software worth $10,010,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of GWRE. Atomi Financial Group Inc. boosted its stake in shares of Guidewire Software by 22.2% in the 4th quarter. Atomi Financial Group Inc. now owns 2,688 shares of the technology company's stock valued at $453,000 after purchasing an additional 488 shares during the last quarter. Donoghue Forlines LLC acquired a new position in Guidewire Software in the fourth quarter valued at $2,110,000. Icon Wealth Advisors LLC boosted its position in Guidewire Software by 72.4% during the third quarter. Icon Wealth Advisors LLC now owns 5,984 shares of the technology company's stock valued at $1,095,000 after acquiring an additional 2,512 shares during the last quarter. GDS Wealth Management grew its holdings in Guidewire Software by 618.5% during the 4th quarter. GDS Wealth Management now owns 18,752 shares of the technology company's stock worth $3,161,000 after acquiring an additional 16,142 shares during the period. Finally, Whale Rock Capital Management LLC raised its position in shares of Guidewire Software by 3.3% in the 3rd quarter. Whale Rock Capital Management LLC now owns 972,743 shares of the technology company's stock worth $177,954,000 after acquiring an additional 31,512 shares in the last quarter.

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Insider Buying and Selling

In other Guidewire Software news, President John P. Mullen sold 6,116 shares of the company's stock in a transaction on Tuesday, March 18th. The stock was sold at an average price of $189.41, for a total value of $1,158,431.56. Following the completion of the transaction, the president now owns 166,330 shares in the company, valued at $31,504,565.30. This represents a 3.55 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $174.78, for a total value of $244,692.00. Following the sale, the chief executive officer now owns 280,330 shares in the company, valued at $48,996,077.40. The trade was a 0.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 35,780 shares of company stock worth $6,886,553. 0.48% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms recently commented on GWRE. Robert W. Baird raised 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. JMP Securities reaffirmed a "market outperform" rating and set a $231.00 price objective on shares of Guidewire Software in a research report on Friday, December 6th. JPMorgan Chase & Co. increased their target price on shares of Guidewire Software from $228.00 to $231.00 and gave the stock an "overweight" rating in a research note on Friday, March 7th. Needham & Company LLC reaffirmed a "hold" rating on shares of Guidewire Software in a research note on Friday, March 7th. Finally, DA Davidson reissued a "buy" rating and set a $210.00 price objective on shares of Guidewire Software in a research report on Wednesday, December 4th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat.com, Guidewire Software currently has an average rating of "Moderate Buy" and a consensus target price of $206.08.

Guidewire Software Stock Up 0.5 %

Shares of Guidewire Software stock traded up $1.01 on Tuesday, hitting $198.46. The company had a trading volume of 659,313 shares, compared to its average volume of 868,140. The stock has a market capitalization of $16.65 billion, a price-to-earnings ratio of 551.28, a P/E/G ratio of 37.21 and a beta of 1.31. 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 1 year low of $107.00 and a 1 year high of $219.59. The stock has a 50 day moving average of $198.04 and a 200-day moving average of $188.07.

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 the consensus estimate 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. As a group, sell-side analysts forecast that Guidewire Software, Inc. will post 0.52 earnings per share for the current year.

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.