Insider Selling: Guidewire Software, Inc. (NYSE:GWRE) Insider Sells 782 Shares of Stock

Guidewire Software, Inc. (NYSE:GWRE) insider Scott Roza sold 782 shares of the stock in a transaction dated Monday, July 17th. The shares were sold at an average price of $70.39, for a total value of $55,044.98. Following the completion of the sale, the insider now directly owns 1,383 shares in the company, valued at approximately $97,349.37. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Scott Roza also recently made the following trade(s):

  • On Wednesday, July 5th, Scott Roza sold 94 shares of Guidewire Software stock. The shares were sold at an average price of $68.37, for a total value of $6,426.78.
  • On Tuesday, June 20th, Scott Roza sold 4,940 shares of Guidewire Software stock. The shares were sold at an average price of $66.78, for a total value of $329,893.20.
  • On Thursday, June 15th, Scott Roza sold 780 shares of Guidewire Software stock. The shares were sold at an average price of $66.56, for a total value of $51,916.80.
  • On Monday, June 5th, Scott Roza sold 94 shares of Guidewire Software stock. The shares were sold at an average price of $69.26, for a total value of $6,510.44.

Guidewire Software, Inc. (NYSE GWRE) traded up 0.47% during mid-day trading on Friday, hitting $71.92. The stock had a trading volume of 248,830 shares. The stock has a market cap of $5.35 billion, a price-to-earnings ratio of 524.96 and a beta of 1.26. The company has a 50-day moving average of $69.43 and a 200-day moving average of $61.04. Guidewire Software, Inc. has a 12-month low of $49.18 and a 12-month high of $73.36.

Guidewire Software (NYSE:GWRE) last issued its quarterly earnings data on Thursday, June 1st. The technology company reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.19. Guidewire Software had a return on equity of 1.97% and a net margin of 2.19%. The business had revenue of $123.44 million during the quarter, compared to analyst estimates of $104.55 million. During the same period in the prior year, the company posted $0.14 EPS. The business’s revenue for the quarter was up 24.9% compared to the same quarter last year. On average, analysts anticipate that Guidewire Software, Inc. will post $0.85 earnings per share for the current fiscal year.

TRADEMARK VIOLATION WARNING: “Insider Selling: Guidewire Software, Inc. (NYSE:GWRE) Insider Sells 782 Shares of Stock” was posted by StockNewsTimes and is the property of of StockNewsTimes. If you are accessing this piece of content on another domain, it was illegally stolen and reposted in violation of international copyright legislation. The correct version of this piece of content can be viewed at https://stocknewstimes.com/2017/07/29/guidewire-software-inc-nysegwre-insider-scott-roza-sells-782-shares-updated.html.

A number of research analysts have recently commented on the company. UBS AG increased their price objective on Guidewire Software from $72.00 to $77.00 and gave the company a “buy” rating in a report on Friday, June 2nd. J P Morgan Chase & Co began coverage on Guidewire Software in a report on Tuesday, June 13th. They issued an “overweight” rating on the stock. ValuEngine upgraded Guidewire Software from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Piper Jaffray Companies upgraded Guidewire Software from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $70.00 to $75.00 in a research note on Tuesday, June 13th. Finally, Jefferies Group LLC upgraded Guidewire Software from a “neutral” rating to an “overweight” rating in a research note on Tuesday, June 13th. Four analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $75.25.

A number of large investors have recently added to or reduced their stakes in the company. Old Mutual Global Investors UK Ltd. purchased a new stake in Guidewire Software during the first quarter worth $450,000. Whittier Trust Co. increased its stake in Guidewire Software by 5.4% in the first quarter. Whittier Trust Co. now owns 15,611 shares of the technology company’s stock worth $879,000 after buying an additional 793 shares during the period. Nikko Asset Management Americas Inc. increased its stake in Guidewire Software by 54.7% in the first quarter. Nikko Asset Management Americas Inc. now owns 13,300 shares of the technology company’s stock worth $749,000 after buying an additional 4,700 shares during the period. Pier 88 Investment Partners LLC increased its stake in Guidewire Software by 3.3% in the first quarter. Pier 88 Investment Partners LLC now owns 11,590 shares of the technology company’s stock worth $653,000 after buying an additional 365 shares during the period. Finally, Diversified Trust Co increased its stake in Guidewire Software by 16.4% in the first quarter. Diversified Trust Co now owns 6,525 shares of the technology company’s stock worth $368,000 after buying an additional 919 shares during the period.

Guidewire Software Company Profile

Guidewire Software, Inc is a provider of software products for property and casualty (P&C) insurers. The Company’s software serves as a technology platform for P&C insurance carriers. The Company’s InsurancePlatform consists of three elements: core transaction processing, data management and analytics, and digital engagement.

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

Receive News & Ratings for Guidewire Software Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Guidewire Software Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply