Guidewire Software, Inc. (NYSE:GWRE) CEO Michael George Rosenbaum Sells 1,400 Shares

Guidewire Software, Inc. (NYSE:GWRE) CEO Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $174.78, for a total value of $244,692.00. Following the transaction, the chief executive officer now directly owns 280,330 shares in the company, valued at approximately $48,996,077.40. This trade represents a 0.50 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Michael George Rosenbaum also recently made the following trade(s):

• On Tuesday, December 17th, Michael George Rosenbaum sold 5,932 shares of Guidewire Software stock. The shares were sold at an average price of $171.06, for a total value of $1,014,727.92.

Guidewire Software Stock Up 1.5 %

Guidewire Software stock opened at $174.60 on Thursday. The stock’s 50 day moving average price is $183.62 and its 200 day moving average price is $169.38. Guidewire Software, Inc. has a 1-year low of $107.00 and a 1-year high of $209.15. The company has a market cap of $14.58 billion, a PE ratio of 485.00, a price-to-earnings-growth ratio of 46.15 and a beta of 1.23. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.66 and a quick ratio of 1.55.

Institutional Investors Weigh In On Guidewire Software

Several institutional investors have recently made changes to their positions in the stock. Hanseatic Management Services Inc. lifted its stake in shares of Guidewire Software by 12.1% in the fourth quarter. Hanseatic Management Services Inc. now owns 539 shares of the technology company’s stock valued at $91,000 after purchasing an additional 58 shares during the period. Ameritas Advisory Services LLC purchased a new position in Guidewire Software in the fourth quarter valued at about $450,000. HB Wealth Management LLC lifted its position in shares of Guidewire Software by 56.5% during the 4th quarter. HB Wealth Management LLC now owns 2,113 shares of the technology company’s stock valued at $356,000 after acquiring an additional 763 shares during the period. Arkadios Wealth Advisors boosted its stake in shares of Guidewire Software by 12.2% during the 4th quarter. Arkadios Wealth Advisors now owns 2,767 shares of the technology company’s stock worth $466,000 after acquiring an additional 301 shares in the last quarter. Finally, Merit Financial Group LLC acquired a new stake in shares of Guidewire Software in the 4th quarter worth approximately $391,000.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Oppenheimer upped their price target on shares of Guidewire Software from $220.00 to $230.00 and gave the company an “outperform” rating in a research report on Friday, December 6th. Stifel Nicolaus upped their target price on shares of Guidewire Software from $200.00 to $220.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. JPMorgan Chase & Co. increased their target price on shares of Guidewire Software from $210.00 to $228.00 and gave the stock an “overweight” rating in a research note on Friday, December 6th. Needham & Company LLC restated a “hold” rating on shares of Guidewire Software in a research report on Friday, December 6th. Finally, Wells Fargo & Company increased their price objective on Guidewire Software from $215.00 to $220.00 and gave the stock an “overweight” rating in a research report on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $193.00.

Guidewire Software Company Profile

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.