Landscape Capital Management L.L.C. Has $772,000 Position in Guidewire Software, Inc. (NYSE:GWRE)

Landscape Capital Management L.L.C. trimmed its stake in Guidewire Software, Inc. (NYSE:GWRE - Free Report) by 25.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,582 shares of the technology company's stock after selling 1,554 shares during the period. Landscape Capital Management L.L.C.'s holdings in Guidewire Software were worth $772,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in GWRE. Versant Capital Management Inc acquired a new stake in Guidewire Software during the fourth quarter worth about $25,000. Cullen Frost Bankers Inc. acquired a new stake in shares of Guidewire Software during the 4th quarter worth approximately $34,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of Guidewire Software by 101.0% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 197 shares of the technology company's stock valued at $34,000 after purchasing an additional 99 shares during the period. R Squared Ltd acquired a new position in shares of Guidewire Software in the fourth quarter valued at $47,000. Finally, Tobam bought a new position in Guidewire Software in the fourth quarter worth $52,000.

Insiders Place Their Bets

In other news, CEO Michael George Rosenbaum sold 1,400 shares of the business's stock in a transaction on Monday, April 7th. The stock was sold at an average price of $167.82, for a total transaction of $234,948.00. Following the completion of the sale, the chief executive officer now owns 258,593 shares in the company, valued at $43,397,077.26. The trade was a 0.54 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, President John P. Mullen sold 6,116 shares of the company's stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of $189.41, for a total value of $1,158,431.56. Following the transaction, the president now directly owns 166,330 shares in the company, valued at $31,504,565.30. This trade represents a 3.55 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 42,280 shares of company stock valued at $8,085,170. Insiders own 0.48% of the company's stock.

Guidewire Software Price Performance

GWRE stock traded up $3.31 during midday trading on Friday, reaching $190.90. 602,991 shares of the company's stock traded hands, compared to its average volume of 903,153. The company has a 50-day simple moving average of $194.96 and a two-hundred day simple moving average of $189.45. The company has a quick ratio of 2.66, a current ratio of 2.66 and a debt-to-equity ratio of 0.53. Guidewire Software, Inc. has a 1-year low of $107.00 and a 1-year high of $219.59. The company has a market cap of $16.01 billion, a price-to-earnings ratio of 530.29, a PEG ratio of 37.21 and a beta of 1.19.

Guidewire Software (NYSE:GWRE - Get Free Report) last announced 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). The business had revenue of $289.48 million during the quarter, compared to analyst estimates of $285.74 million. Guidewire Software had a net margin of 2.91% and a return on equity of 2.38%. On average, analysts anticipate that Guidewire Software, Inc. will post 0.52 earnings per share for the current year.

Analyst Upgrades and Downgrades

GWRE has been the topic of several analyst reports. Robert W. Baird boosted their price target on shares of Guidewire Software from $230.00 to $236.00 and gave the company an "outperform" rating in a report on Friday, March 7th. JPMorgan Chase & Co. upped their target price on shares of Guidewire Software from $228.00 to $231.00 and gave the company an "overweight" rating in a research note on Friday, March 7th. The Goldman Sachs Group raised their price target 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. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Guidewire Software in a report on Friday, March 7th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and ten have given a buy rating to the company. According to MarketBeat, Guidewire Software currently has an average rating of "Moderate Buy" and a consensus 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.