Guidewire Software, Inc. (NYSE:GWRE - Get Free Report) CEO Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock in a transaction that occurred on Monday, April 21st. The stock was sold at an average price of $189.44, for a total transaction of $265,216.00. Following the sale, the chief executive officer now owns 255,793 shares of the company's stock, valued at approximately $48,457,425.92. This represents a 0.54 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Michael George Rosenbaum also recently made the following trade(s):
- On Monday, April 14th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $194.90, for a total transaction of $272,860.00.
- On Monday, April 7th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $167.82, for a total value of $234,948.00.
- On Monday, March 31st, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $184.41, for a total value of $258,174.00.
- On Monday, March 24th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $195.15, for a total value of $273,210.00.
- On Monday, March 17th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $185.03, for a total value of $259,042.00.
- On Monday, March 10th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $170.04, for a total transaction of $238,056.00.
- On Monday, March 3rd, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $203.13, for a total transaction of $284,382.00.
- On Monday, February 24th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $203.65, for a total transaction of $285,110.00.
- On Tuesday, February 18th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $212.42, for a total value of $297,388.00.
- On Monday, February 10th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $214.68, for a total value of $300,552.00.
Guidewire Software Trading Up 2.2 %
NYSE GWRE opened at $193.88 on Thursday. Guidewire Software, Inc. has a 12 month low of $107.65 and a 12 month high of $219.59. The company has a current ratio of 2.66, a quick ratio of 2.66 and a debt-to-equity ratio of 0.53. The stock has a 50 day moving average of $190.99 and a 200-day moving average of $189.95. The company has a market cap of $16.26 billion, a PE ratio of 538.56, a PEG ratio of 37.21 and a beta of 1.19.
Guidewire Software (NYSE:GWRE - Get Free Report) last announced its quarterly earnings data 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 firm had revenue of $289.48 million during the quarter, compared to the consensus estimate of $285.74 million. Guidewire Software had a net margin of 2.91% and a return on equity of 2.38%. On average, equities research analysts anticipate that Guidewire Software, Inc. will post 0.52 EPS for the current fiscal year.
Analyst Ratings Changes
GWRE has been the topic of several research analyst reports. The Goldman Sachs Group raised their target price on shares of Guidewire Software from $210.00 to $240.00 and gave the stock a "buy" rating in a report on Monday, February 10th. Needham & Company LLC restated a "hold" rating on shares of Guidewire Software in a report on Friday, March 7th. Robert W. Baird upped their target price on shares of Guidewire Software from $230.00 to $236.00 and gave the stock an "outperform" rating in a research note on Friday, March 7th. Finally, JPMorgan Chase & Co. lifted their price target on Guidewire Software from $228.00 to $231.00 and gave the company an "overweight" rating in a research note on Friday, March 7th. One equities research 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, the stock has an average rating of "Moderate Buy" and a consensus price target of $206.08.
View Our Latest Analysis on GWRE
Hedge Funds Weigh In On Guidewire Software
A number of institutional investors have recently bought and sold shares of the business. Massachusetts Financial Services Co. MA boosted its stake in shares of Guidewire Software by 29.5% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 4,436,873 shares of the technology company's stock worth $747,968,000 after acquiring an additional 1,009,966 shares during the period. Congress Asset Management Co. bought a new position in Guidewire Software during the first quarter worth $85,453,000. Arrowstreet Capital Limited Partnership boosted its position in Guidewire Software by 79.4% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 946,158 shares of the technology company's stock worth $159,503,000 after purchasing an additional 418,642 shares during the period. Janus Henderson Group PLC increased its holdings in shares of Guidewire Software by 242.2% in the fourth quarter. Janus Henderson Group PLC now owns 555,892 shares of the technology company's stock valued at $93,683,000 after purchasing an additional 393,445 shares during the last quarter. Finally, Rathbones Group PLC bought a new position in shares of Guidewire Software in the fourth quarter valued at about $58,118,000.
Guidewire Software Company Profile
(
Get Free Report)
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.
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