Guidewire Software, Inc. (GWRE) COO Priscilla Hung Sells 209 Shares of Stock

Guidewire Software, Inc. (NYSE:GWRE) COO Priscilla Hung sold 209 shares of Guidewire Software stock in a transaction on Thursday, September 14th. The stock was sold at an average price of $78.03, for a total value of $16,308.27. Following the completion of the sale, the chief operating officer now directly owns 1,367 shares of the company’s stock, valued at approximately $106,667.01. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Priscilla Hung also recently made the following trade(s):

  • On Tuesday, September 5th, Priscilla Hung sold 136 shares of Guidewire Software stock. The stock was sold at an average price of $75.57, for a total value of $10,277.52.
  • On Monday, August 14th, Priscilla Hung sold 208 shares of Guidewire Software stock. The stock was sold at an average price of $69.61, for a total value of $14,478.88.
  • On Friday, August 4th, Priscilla Hung sold 135 shares of Guidewire Software stock. The stock was sold at an average price of $71.48, for a total value of $9,649.80.
  • On Thursday, July 13th, Priscilla Hung sold 208 shares of Guidewire Software stock. The stock was sold at an average price of $70.62, for a total value of $14,688.96.
  • On Wednesday, July 5th, Priscilla Hung sold 135 shares of Guidewire Software stock. The stock was sold at an average price of $68.37, for a total value of $9,229.95.
  • On Tuesday, June 20th, Priscilla Hung sold 3,070 shares of Guidewire Software stock. The stock was sold at an average price of $67.14, for a total value of $206,119.80.

Guidewire Software, Inc. (GWRE) traded down 0.56% during trading on Friday, reaching $77.64. The company had a trading volume of 794,683 shares. Guidewire Software, Inc. has a 52 week low of $49.18 and a 52 week high of $81.46. The stock has a 50 day moving average price of $73.33 and a 200 day moving average price of $65.76. The firm has a market capitalization of $5.81 billion, a P/E ratio of 277.29 and a beta of 1.24.

Guidewire Software (NYSE:GWRE) last released its earnings results on Wednesday, September 6th. The technology company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.20. Guidewire Software had a return on equity of 3.67% and a net margin of 4.13%. The firm had revenue of $181.10 million for the quarter, compared to the consensus estimate of $168.61 million. During the same period in the prior year, the firm earned $0.22 EPS. The firm’s revenue was up 28.3% on a year-over-year basis. Analysts predict that Guidewire Software, Inc. will post $1.03 earnings per share for the current year.

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. D.A. Davidson & CO. increased its position in shares of Guidewire Software by 2,270.8% in the 2nd quarter. D.A. Davidson & CO. now owns 1,541 shares of the technology company’s stock valued at $105,000 after acquiring an additional 1,476 shares during the period. Israel Discount Bank of New York acquired a new position in shares of Guidewire Software in the 1st quarter valued at $104,000. The Manufacturers Life Insurance Company increased its position in shares of Guidewire Software by 7.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,205 shares of the technology company’s stock valued at $151,000 after acquiring an additional 150 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Guidewire Software by 12.6% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,536 shares of the technology company’s stock valued at $174,000 after acquiring an additional 283 shares during the period. Finally, Tower Research Capital LLC TRC increased its position in shares of Guidewire Software by 424.4% in the 1st quarter. Tower Research Capital LLC TRC now owns 2,601 shares of the technology company’s stock valued at $146,000 after acquiring an additional 2,105 shares during the period.

Several analysts recently commented on GWRE shares. Stifel Nicolaus lifted their price objective on Guidewire Software from $61.00 to $70.00 and gave the stock a “hold” rating in a report on Friday, June 2nd. UBS AG lifted their price objective on Guidewire Software from $72.00 to $77.00 and gave the stock a “buy” rating in a report on Friday, June 2nd. ValuEngine raised Guidewire Software from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Bank of America Corporation reaffirmed a “neutral” rating and issued a $74.00 price objective (up previously from $68.00) on shares of Guidewire Software in a report on Saturday, June 3rd. Finally, Piper Jaffray Companies raised Guidewire Software from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $70.00 to $75.00 in a report on Tuesday, June 13th. Four research analysts have rated the stock with a hold rating, seven have assigned a buy rating and three have given a strong buy rating to the company’s stock. Guidewire Software presently has a consensus rating of “Buy” and an average target price of $78.89.

About Guidewire Software

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)

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