Guidewire Software (GWRE) Director Sells $32,904.00 in Stock

Guidewire Software (NYSE:GWRE) Director Craig Conway sold 400 shares of the stock in a transaction that occurred on Monday, April 16th. The stock was sold at an average price of $82.26, for a total transaction of $32,904.00. Following the completion of the transaction, the director now owns 9,993 shares in the company, valued at approximately $822,024.18. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Craig Conway also recently made the following trade(s):

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  • On Thursday, March 15th, Craig Conway sold 400 shares of Guidewire Software stock. The stock was sold at an average price of $86.52, for a total transaction of $34,608.00.
  • On Thursday, February 15th, Craig Conway sold 600 shares of Guidewire Software stock. The stock was sold at an average price of $80.17, for a total transaction of $48,102.00.

Shares of GWRE opened at $86.36 on Friday. Guidewire Software has a 1 year low of $59.01 and a 1 year high of $92.65. The company has a market cap of $6,540.68, a price-to-earnings ratio of 271.22 and a beta of 1.05.

Guidewire Software (NYSE:GWRE) last announced its quarterly earnings data on Tuesday, March 6th. The technology company reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.14. Guidewire Software had a negative net margin of 5.09% and a positive return on equity of 2.54%. The business had revenue of $163.80 million during the quarter, compared to analyst estimates of $154.34 million. During the same period last year, the firm posted $0.28 EPS. The company’s revenue was up 41.7% on a year-over-year basis. equities research analysts anticipate that Guidewire Software will post -0.01 earnings per share for the current year.

Institutional investors and hedge funds have recently made changes to their positions in the business. Sit Investment Associates Inc. purchased a new stake in Guidewire Software during the 4th quarter valued at approximately $2,230,000. Teachers Retirement System of The State of Kentucky grew its holdings in shares of Guidewire Software by 7.0% in the fourth quarter. Teachers Retirement System of The State of Kentucky now owns 44,984 shares of the technology company’s stock valued at $3,341,000 after purchasing an additional 2,948 shares in the last quarter. Segall Bryant & Hamill LLC grew its holdings in shares of Guidewire Software by 4.9% in the fourth quarter. Segall Bryant & Hamill LLC now owns 742,888 shares of the technology company’s stock valued at $55,167,000 after purchasing an additional 34,784 shares in the last quarter. California Public Employees Retirement System grew its holdings in shares of Guidewire Software by 12.3% in the third quarter. California Public Employees Retirement System now owns 99,256 shares of the technology company’s stock valued at $7,728,000 after purchasing an additional 10,856 shares in the last quarter. Finally, Pinebridge Investments L.P. grew its holdings in shares of Guidewire Software by 41.8% in the fourth quarter. Pinebridge Investments L.P. now owns 53,011 shares of the technology company’s stock valued at $3,937,000 after purchasing an additional 15,625 shares in the last quarter.

Several equities research analysts recently issued reports on GWRE shares. Zacks Investment Research lowered shares of Guidewire Software from a “hold” rating to a “sell” rating in a report on Monday, January 8th. Piper Jaffray reissued an “overweight” rating on shares of Guidewire Software in a report on Wednesday, March 14th. ValuEngine raised shares of Guidewire Software from a “hold” rating to a “buy” rating in a report on Monday, April 2nd. DA Davidson started coverage on shares of Guidewire Software in a report on Friday, February 2nd. They issued a “buy” rating and a $92.00 target price for the company. Finally, William Blair reissued an “outperform” rating on shares of Guidewire Software in a report on Wednesday, March 7th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and eleven have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $85.44.

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Guidewire Software Company Profile

Guidewire Software, Inc provides software products for property and casualty insurers. It offers Guidewire InsuranceNow, a cloud-based platform that offers policy, billing, and claims management functionality to insurers. The company's products include Guidewire InsuranceSuite comprising Guidewire PolicyCenter, an underwriting and policy administration application; Guidewire ClaimCenter, a lifecycle management application; Guidewire BillingCenter, manages billing, payment plans, agent commissions, and external payment systems; and Guidewire Underwriting Management, a cloud-based underwriting application.

Insider Buying and Selling by Quarter for Guidewire Software (NYSE:GWRE)

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