Guidewire Software, Inc. (NYSE:GWRE) Shares Bought by Regatta Capital Group LLC

Regatta Capital Group LLC grew its position in shares of Guidewire Software, Inc. (NYSE:GWREFree Report) by 5.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,035 shares of the technology company’s stock after acquiring an additional 222 shares during the quarter. Regatta Capital Group LLC’s holdings in Guidewire Software were worth $440,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Banque Cantonale Vaudoise acquired a new stake in Guidewire Software in the third quarter worth about $25,000. RiverPark Advisors LLC acquired a new stake in Guidewire Software in the fourth quarter worth about $27,000. CENTRAL TRUST Co acquired a new stake in Guidewire Software in the third quarter worth about $29,000. Pinebridge Investments L.P. raised its position in Guidewire Software by 490.9% in the second quarter. Pinebridge Investments L.P. now owns 390 shares of the technology company’s stock worth $30,000 after acquiring an additional 324 shares in the last quarter. Finally, Castleview Partners LLC bought a new stake in Guidewire Software in the third quarter worth about $40,000.

Wall Street Analyst Weigh In

GWRE has been the topic of several research reports. Robert W. Baird boosted their price target on shares of Guidewire Software from $131.00 to $140.00 and gave the stock an “outperform” rating in a research report on Thursday, March 7th. Wells Fargo & Company upgraded Guidewire Software from an “equal weight” rating to an “overweight” rating in a report on Wednesday, December 20th. DA Davidson restated a “buy” rating and set a $126.00 price objective on shares of Guidewire Software in a report on Tuesday, March 5th. Oppenheimer boosted their price objective on Guidewire Software from $115.00 to $130.00 and gave the stock an “outperform” rating in a report on Thursday, February 22nd. Finally, Raymond James assumed coverage on Guidewire Software in a report on Thursday, February 1st. They set an “outperform” rating and a $125.00 price objective on the stock. One investment analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $115.11.

View Our Latest Research Report on GWRE

Insider Buying and Selling at Guidewire Software

In other Guidewire Software news, CEO Michael George Rosenbaum sold 4,420 shares of Guidewire Software stock in a transaction on Tuesday, March 19th. The stock was sold at an average price of $111.75, for a total transaction of $493,935.00. Following the completion of the transaction, the chief executive officer now directly owns 245,375 shares of the company’s stock, valued at $27,420,656.25. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, insider John P. Mullen sold 3,665 shares of Guidewire Software stock in a transaction dated Tuesday, March 19th. The stock was sold at an average price of $111.75, for a total value of $409,563.75. Following the completion of the transaction, the insider now directly owns 149,397 shares of the company’s stock, valued at $16,695,114.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Michael George Rosenbaum sold 4,420 shares of Guidewire Software stock in a transaction dated Tuesday, March 19th. The shares were sold at an average price of $111.75, for a total value of $493,935.00. Following the completion of the transaction, the chief executive officer now directly owns 245,375 shares of the company’s stock, valued at $27,420,656.25. The disclosure for this sale can be found here. Over the last three months, insiders sold 9,618 shares of company stock valued at $1,073,918. 0.38% of the stock is currently owned by company insiders.

Guidewire Software Trading Down 0.5 %

Shares of Guidewire Software stock opened at $116.07 on Tuesday. The company’s fifty day simple moving average is $115.82 and its 200-day simple moving average is $103.88. The company has a debt-to-equity ratio of 0.32, a quick ratio of 3.45 and a current ratio of 3.45. Guidewire Software, Inc. has a 1 year low of $68.45 and a 1 year high of $122.35.

Guidewire Software (NYSE:GWREGet Free Report) last issued its earnings results on Thursday, March 7th. The technology company reported $0.04 EPS for the quarter, topping the consensus estimate of ($0.18) by $0.22. The firm had revenue of $240.90 million during the quarter, compared to analysts’ expectations of $240.93 million. Guidewire Software had a negative return on equity of 3.60% and a negative net margin of 5.48%. As a group, sell-side analysts expect that Guidewire Software, Inc. will post -0.5 earnings per share for the current fiscal year.

About Guidewire Software

(Free Report)

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.

Featured Stories

Institutional Ownership by Quarter for Guidewire Software (NYSE:GWRE)

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