Guidewire Software, Inc. (NYSE:GWRE) Shares Sold by Motley Fool Wealth Management LLC

Motley Fool Wealth Management LLC reduced its stake in shares of Guidewire Software, Inc. (NYSE:GWRE - Free Report) by 3.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 56,015 shares of the technology company's stock after selling 1,849 shares during the period. Motley Fool Wealth Management LLC owned approximately 0.07% of Guidewire Software worth $9,473,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Versant Capital Management Inc acquired a new position in shares of Guidewire Software during the 4th quarter worth $25,000. Point72 Hong Kong Ltd acquired a new position in Guidewire Software during the third quarter worth about $33,000. Cullen Frost Bankers Inc. purchased a new stake in shares of Guidewire Software in the fourth quarter valued at about $34,000. Brooklyn Investment Group purchased a new stake in shares of Guidewire Software in the third quarter valued at about $42,000. Finally, R Squared Ltd acquired a new position in shares of Guidewire Software during the 4th quarter worth approximately $47,000.

Analyst Upgrades and Downgrades

GWRE has been the topic of several recent research reports. JMP Securities restated a "market outperform" rating and issued a $231.00 price objective on shares of Guidewire Software in a research report on Friday, December 6th. The Goldman Sachs Group upped their price objective on shares of Guidewire Software from $210.00 to $240.00 and gave the company a "buy" rating in a research note on Monday, February 10th. Needham & Company LLC restated a "hold" rating on shares of Guidewire Software in a report on Friday, March 7th. JPMorgan Chase & Co. increased their target price on Guidewire Software from $228.00 to $231.00 and gave the stock an "overweight" rating in a research report on Friday, March 7th. Finally, Oppenheimer upped their price objective on shares of Guidewire Software from $220.00 to $230.00 and gave the company an "outperform" rating in a research note on Friday, December 6th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $206.08.

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Insider Activity at Guidewire Software

In related news, insider James Winston King sold 270 shares of the firm's stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $174.78, for a total transaction of $47,190.60. Following the completion of the sale, the insider now directly owns 45,664 shares of the company's stock, valued at approximately $7,981,153.92. This trade represents a 0.59 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Jeffrey Elliott Cooper sold 300 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 transaction of $52,434.00. Following the sale, the chief financial officer now directly owns 73,494 shares in the company, valued at $12,845,281.32. This trade represents a 0.41 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 37,180 shares of company stock worth $7,159,763. 0.48% of the stock is currently owned by company insiders.

Guidewire Software Trading Down 2.1 %

Shares of Guidewire Software stock traded down $3.99 during trading hours on Friday, hitting $187.54. The company's stock had a trading volume of 667,149 shares, compared to its average volume of 889,587. The business has a fifty day moving average of $199.36 and a 200 day moving average of $188.52. Guidewire Software, Inc. has a 1-year low of $107.00 and a 1-year high of $219.59. 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 company has a market capitalization of $15.73 billion, a PE ratio of 520.95, a P/E/G ratio of 37.21 and a beta of 1.31.

Guidewire Software (NYSE:GWRE - Get Free Report) last announced its quarterly earnings results on Thursday, March 6th. The technology company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by ($0.44). The company 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%. As a group, equities analysts forecast that Guidewire Software, Inc. will post 0.52 EPS for the current year.

Guidewire Software Company Profile

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.