Guidewire Software, Inc. (NYSE:GWRE – Get Free Report) CEO Michael George Rosenbaum sold 1,400 shares of the company’s stock in a transaction on Monday, October 27th. The shares were sold at an average price of $255.40, for a total value of $357,560.00. Following the completion of the transaction, the chief executive officer directly owned 256,558 shares in the company, valued at approximately $65,524,913.20. The trade was a 0.54% decrease in their ownership of the stock. 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 Monday, October 20th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $245.70, for a total value of $343,980.00.
- On Monday, October 13th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $239.71, for a total value of $335,594.00.
- On Monday, October 6th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $230.08, for a total value of $322,112.00.
- On Monday, September 29th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $232.25, for a total value of $325,150.00.
- On Monday, September 22nd, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $244.55, for a total value of $342,370.00.
- On Tuesday, September 16th, Michael George Rosenbaum sold 30,317 shares of Guidewire Software stock. The stock was sold at an average price of $242.87, for a total value of $7,363,089.79.
- On Monday, September 15th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $252.83, for a total value of $353,962.00.
- On Monday, September 8th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $261.28, for a total value of $365,792.00.
- On Tuesday, September 2nd, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $214.30, for a total value of $300,020.00.
- On Monday, August 25th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $214.70, for a total value of $300,580.00.
Guidewire Software Price Performance
Shares of GWRE opened at $252.98 on Tuesday. The business’s 50-day moving average is $236.24 and its two-hundred day moving average is $225.70. The company has a market capitalization of $21.38 billion, a P/E ratio of 316.22, a P/E/G ratio of 15.41 and a beta of 1.21. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.77 and a current ratio of 2.77. Guidewire Software, Inc. has a fifty-two week low of $165.08 and a fifty-two week high of $272.60.
Analyst Upgrades and Downgrades
GWRE has been the topic of several recent analyst reports. Wall Street Zen lowered shares of Guidewire Software from a “buy” rating to a “hold” rating in a research note on Friday, September 5th. Weiss Ratings reissued a “hold (c)” rating on shares of Guidewire Software in a research note on Wednesday, October 8th. Raymond James Financial reissued an “outperform” rating and set a $275.00 target price (up from $255.00) on shares of Guidewire Software in a research note on Friday, September 5th. Stifel Nicolaus increased their target price on shares of Guidewire Software from $270.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, September 5th. Finally, The Goldman Sachs Group increased their target price on shares of Guidewire Software from $270.00 to $305.00 and gave the stock a “buy” rating in a research note on Friday, September 5th. Nine equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Guidewire Software presently has a consensus rating of “Moderate Buy” and an average price target of $274.08.
Read Our Latest Stock Analysis on Guidewire Software
Institutional Trading of Guidewire Software
Hedge funds have recently bought and sold shares of the business. Empower Advisory Group LLC acquired a new stake in Guidewire Software in the 1st quarter valued at about $692,000. Principal Financial Group Inc. raised its holdings in Guidewire Software by 3,320.4% in the 1st quarter. Principal Financial Group Inc. now owns 192,843 shares of the technology company’s stock valued at $36,131,000 after acquiring an additional 187,205 shares during the last quarter. OMNI 360 Wealth Inc. acquired a new stake in Guidewire Software in the 1st quarter valued at about $211,000. Sequoia Financial Advisors LLC raised its holdings in Guidewire Software by 15.6% in the 1st quarter. Sequoia Financial Advisors LLC now owns 1,762 shares of the technology company’s stock valued at $330,000 after acquiring an additional 238 shares during the last quarter. Finally, Oppenheimer & Co. Inc. acquired a new stake in Guidewire Software in the 1st quarter valued at about $201,000.
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.
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