Guidewire Software, Inc. (NYSE:GWRE) Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC decreased its holdings in Guidewire Software, Inc. (NYSE:GWRE - Free Report) by 4.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 120,999 shares of the technology company's stock after selling 5,134 shares during the quarter. Segall Bryant & Hamill LLC owned 0.14% of Guidewire Software worth $20,398,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Cerity Partners LLC raised its stake in shares of Guidewire Software by 326.8% in the third quarter. Cerity Partners LLC now owns 21,799 shares of the technology company's stock worth $3,988,000 after buying an additional 16,692 shares during the period. Algert Global LLC raised its position in shares of Guidewire Software by 26.9% during the 3rd quarter. Algert Global LLC now owns 10,120 shares of the technology company's stock valued at $1,851,000 after purchasing an additional 2,148 shares during the period. Dynamic Technology Lab Private Ltd purchased a new position in shares of Guidewire Software during the 3rd quarter valued at $573,000. Harvest Fund Management Co. Ltd boosted its holdings in Guidewire Software by 31.0% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 3,017 shares of the technology company's stock worth $552,000 after buying an additional 714 shares during the period. Finally, DRW Securities LLC bought a new stake in Guidewire Software during the third quarter valued at about $892,000.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on GWRE shares. JPMorgan Chase & Co. upped their price objective on Guidewire Software from $228.00 to $231.00 and gave the stock an "overweight" rating in a research note on Friday, March 7th. Wells Fargo & Company lifted their price objective on shares of Guidewire Software from $215.00 to $220.00 and gave the company an "overweight" rating in a research report on Friday, December 6th. DA Davidson reissued a "buy" rating and issued a $210.00 target price on shares of Guidewire Software in a report on Wednesday, December 4th. Robert W. Baird raised their target price on shares of Guidewire Software from $230.00 to $236.00 and gave the company an "outperform" rating in a research note on Friday, March 7th. Finally, JMP Securities reissued a "market outperform" rating and issued a $231.00 target price on shares of Guidewire Software in a report on Friday, December 6th. One analyst has rated the stock with a sell rating, two have given a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, Guidewire Software currently has an average rating of "Moderate Buy" and a consensus price target of $206.08.

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Guidewire Software Trading Down 2.1 %

GWRE traded down $3.99 on Friday, reaching $187.54. 667,149 shares of the company traded hands, compared to its average volume of 889,587. 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 cap 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. The firm has a fifty day simple moving average of $199.36 and a two-hundred day simple moving average of $188.52. Guidewire Software, Inc. has a one year low of $107.00 and a one year high of $219.59.

Guidewire Software (NYSE:GWRE - Get Free Report) last posted its earnings results on Thursday, March 6th. The technology company reported $0.08 EPS for the quarter, missing analysts' consensus estimates of $0.52 by ($0.44). The business had revenue of $289.48 million for the quarter, compared to analysts' expectations 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 research analysts expect that Guidewire Software, Inc. will post 0.52 earnings per share for the current year.

Insider Transactions at Guidewire Software

In other Guidewire Software news, President John P. Mullen sold 6,116 shares of the company'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 value of $1,158,431.56. Following the sale, the president now owns 166,330 shares in the company, valued at approximately $31,504,565.30. This represents a 3.55 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Jeffrey Elliott Cooper sold 300 shares of Guidewire Software stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $174.78, for a total transaction of $52,434.00. Following the transaction, the chief financial officer now directly owns 73,494 shares of the company's stock, valued at approximately $12,845,281.32. This trade represents a 0.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 37,180 shares of company stock worth $7,159,763. Company insiders own 0.48% of the company's stock.

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.