Thompson Siegel & Walmsley LLC Takes Position in Guidewire Software, Inc. (NYSE:GWRE)

Thompson Siegel & Walmsley LLC acquired a new position in Guidewire Software, Inc. (NYSE:GWRE - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 23,000 shares of the technology company's stock, valued at approximately $3,877,000.

Several other institutional investors have also recently modified their holdings of GWRE. Versant Capital Management Inc purchased a new stake in Guidewire Software in the fourth quarter worth approximately $25,000. Assetmark Inc. boosted its stake in shares of Guidewire Software by 537.0% in the 3rd quarter. Assetmark Inc. now owns 172 shares of the technology company's stock valued at $31,000 after purchasing an additional 145 shares in the last quarter. Point72 Hong Kong Ltd bought a new position in shares of Guidewire Software during the 3rd quarter valued at $33,000. Cullen Frost Bankers Inc. purchased a new position in Guidewire Software in the 4th quarter worth $34,000. Finally, Brooklyn Investment Group bought a new stake in Guidewire Software in the third quarter worth $42,000.

Guidewire Software Trading Down 0.1 %

Shares of GWRE traded down $0.21 during trading hours on Tuesday, reaching $191.30. 1,171,782 shares of the company traded hands, compared to its average volume of 860,130. Guidewire Software, Inc. has a 12 month low of $107.00 and a 12 month 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's fifty day moving average price is $195.71 and its two-hundred day moving average price is $186.41. The company has a market capitalization of $16.05 billion, a price-to-earnings ratio of 531.39, a price-to-earnings-growth ratio of 37.21 and a beta of 1.31.

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Guidewire Software (NYSE:GWRE - Get Free Report) last posted 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 firm had revenue of $289.48 million for the quarter, compared to the consensus estimate of $285.74 million. Equities research analysts predict that Guidewire Software, Inc. will post 0.52 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently commented on GWRE. Oppenheimer lifted their price objective on Guidewire Software from $220.00 to $230.00 and gave the stock an "outperform" rating in a report on Friday, December 6th. Needham & Company LLC reaffirmed a "hold" rating on shares of Guidewire Software in a research note on Friday, March 7th. The Goldman Sachs Group increased their price objective on Guidewire Software from $210.00 to $240.00 and gave the company a "buy" rating in a research note on Monday, February 10th. Royal Bank of Canada lifted their target price on shares of Guidewire Software from $215.00 to $230.00 and gave the stock an "outperform" rating in a research note on Friday, December 6th. Finally, Wells Fargo & Company increased their price target 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. One research analyst has rated the stock with a sell rating, two have given a hold rating and ten have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $206.08.

Insider Buying and Selling

In related news, CEO Michael George Rosenbaum sold 1,400 shares of the stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $174.78, for a total transaction of $244,692.00. Following the sale, the chief executive officer now directly owns 280,330 shares of the company's stock, valued at $48,996,077.40. This trade represents a 0.50 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider James Winston King sold 794 shares of Guidewire Software stock in a transaction that occurred on Thursday, December 19th. The stock was sold at an average price of $174.43, for a total transaction of $138,497.42. Following the completion of the sale, the insider now owns 45,934 shares of the company's stock, valued at $8,012,267.62. This represents a 1.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 26,622 shares of company stock valued at $5,112,632 over the last ninety days. 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.