Guidewire Software Inc (NYSE:GWRE) CEO Marcus Ryu sold 14,033 shares of the business’s stock in a transaction on Friday, March 1st. The shares were sold at an average price of $92.21, for a total transaction of $1,293,982.93. Following the transaction, the chief executive officer now owns 15,354 shares of the company’s stock, valued at $1,415,792.34. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Marcus Ryu also recently made the following trade(s):
Get Guidewire Software alerts: On Friday, February 1st, Marcus Ryu sold 20,000 shares of Guidewire Software stock. The shares were sold at an average price of $88.18, for a total transaction of $1,763,600.00. On Wednesday, January 2nd, Marcus Ryu sold 18,934 shares of Guidewire Software stock. The shares were sold at an average price of $78.39, for a total transaction of $1,484,236.26. On Tuesday, December 18th, Marcus Ryu sold 9,715 shares of Guidewire Software stock. The shares were sold at an average price of $81.17, for a total transaction of $788,566.55. On Monday, December 3rd, Marcus Ryu sold 20,000 shares of Guidewire Software stock. The shares were sold at an average price of $92.95, for a total transaction of $1,859,000.00.Shares of Guidewire Software stock traded up $1.88 during trading hours on Friday, reaching $93.62. The stock had a trading volume of 1,176,692 shares, compared to its average volume of 606,537. The company has a market cap of $7.45 billion, a P/E ratio of 1,040.22, a price-to-earnings-growth ratio of 38.98 and a beta of 1.30. Guidewire Software Inc has a twelve month low of $73.82 and a twelve month high of $107.79. The company has a debt-to-equity ratio of 0.21, a quick ratio of 8.40 and a current ratio of 8.40.
Guidewire Software (NYSE:GWRE) last issued its quarterly earnings data on Tuesday, December 4th. The technology company reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.18. The business had revenue of $179.70 million during the quarter, compared to the consensus estimate of $162.24 million. Guidewire Software had a negative net margin of 0.72% and a positive return on equity of 3.24%. The company’s revenue was up 66.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.06) earnings per share. Equities research analysts forecast that Guidewire Software Inc will post 0.3 EPS for the current year.
A number of research analysts recently issued reports on the stock. ValuEngine upgraded shares of Guidewire Software from a “buy” rating to a “strong-buy” rating in a research report on Saturday, December 1st. Citigroup decreased their price objective on shares of Guidewire Software from $101.00 to $98.00 and set a “neutral” rating for the company in a research report on Thursday, December 6th. DA Davidson set a $118.00 price objective on shares of Guidewire Software and gave the stock a “buy” rating in a research report on Wednesday, December 5th. Goldman Sachs Group reiterated a “buy” rating on shares of Guidewire Software in a research report on Friday, February 1st. Finally, Zacks Investment Research reiterated a “hold” rating on shares of Guidewire Software in a research report on Tuesday, November 13th. Four analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $108.40.
Several institutional investors have recently modified their holdings of GWRE. Vanguard Group Inc increased its stake in shares of Guidewire Software by 3.2% during the third quarter. Vanguard Group Inc now owns 7,021,764 shares of the technology company’s stock worth $709,268,000 after purchasing an additional 215,874 shares in the last quarter. Bamco Inc. NY increased its stake in shares of Guidewire Software by 0.6% during the third quarter. Bamco Inc. NY now owns 6,528,904 shares of the technology company’s stock worth $659,485,000 after purchasing an additional 40,699 shares in the last quarter. Principal Financial Group Inc. increased its stake in shares of Guidewire Software by 43.4% during the fourth quarter. Principal Financial Group Inc. now owns 1,747,907 shares of the technology company’s stock worth $140,234,000 after purchasing an additional 528,721 shares in the last quarter. Blair William & Co. IL increased its stake in shares of Guidewire Software by 4.2% during the third quarter. Blair William & Co. IL now owns 1,317,154 shares of the technology company’s stock worth $133,046,000 after purchasing an additional 53,070 shares in the last quarter. Finally, Nikko Asset Management Americas Inc. increased its stake in shares of Guidewire Software by 17.7% during the fourth quarter. Nikko Asset Management Americas Inc. now owns 940,353 shares of the technology company’s stock worth $75,445,000 after purchasing an additional 141,496 shares in the last quarter.
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About Guidewire Software
Guidewire Software, Inc provides software products for property and casualty insurers worldwide. The company offers Guidewire InsuranceSuite comprising Guidewire PolicyCenter, BillingCenter, and ClaimCenter applications. It also provides Guidewire InsuranceNow, a cloud-based platform, which offers policy, billing, and claims management functionality to insurers that prefer to subscribe to a cloud-based solution.
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