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

Guidewire Software, Inc. (NYSE:GWREGet Free Report) CEO Michael George Rosenbaum sold 1,400 shares of the business’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $208.42, for a total transaction of $291,788.00. Following the completion of the sale, the chief executive officer now directly owns 276,130 shares of the company’s stock, valued at $57,551,014.60. The trade was a 0.50 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

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

  • On Monday, January 27th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $201.90, for a total transaction of $282,660.00.
  • On Tuesday, January 21st, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $179.91, for a total value of $251,874.00.
  • On Wednesday, January 15th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $174.78, for a total transaction of $244,692.00.
  • On Tuesday, December 17th, Michael George Rosenbaum sold 5,932 shares of Guidewire Software stock. The stock was sold at an average price of $171.06, for a total transaction of $1,014,727.92.

Guidewire Software Stock Up 2.1 %

Shares of GWRE traded up $4.47 during mid-day trading on Tuesday, reaching $217.15. The company’s stock had a trading volume of 940,885 shares, compared to its average volume of 1,624,440. The company has a market cap of $18.14 billion, a price-to-earnings ratio of 603.19, a price-to-earnings-growth ratio of 54.93 and a beta of 1.25. The business has a fifty day moving average of $184.05 and a 200 day moving average of $175.43. The company has a quick ratio of 2.66, a current ratio of 2.66 and a debt-to-equity ratio of 0.53. Guidewire Software, Inc. has a 1 year low of $107.00 and a 1 year high of $218.01.

Wall Street Analyst Weigh In

A number of research analysts recently commented on GWRE shares. Wells Fargo & Company raised their price objective on shares of Guidewire Software from $215.00 to $220.00 and gave the company an “overweight” rating in a research note on Friday, December 6th. Needham & Company LLC reissued a “hold” rating on shares of Guidewire Software in a research note on Friday, December 6th. Royal Bank of Canada raised their target price on Guidewire Software from $215.00 to $230.00 and gave the company an “outperform” rating in a research note on Friday, December 6th. Stifel Nicolaus boosted their price target on shares of Guidewire Software from $200.00 to $220.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. Finally, Oppenheimer raised their target price on shares of Guidewire Software from $220.00 to $230.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. One analyst has rated the stock with a sell rating, two have given a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $202.00.

Read Our Latest Stock Analysis on GWRE

Institutional Investors Weigh In On Guidewire Software

Hedge funds have recently bought and sold shares of the business. Versant Capital Management Inc purchased a new position in shares of Guidewire Software during the 4th quarter valued at $25,000. Assetmark Inc. boosted its position in Guidewire Software by 537.0% during the third quarter. Assetmark Inc. now owns 172 shares of the technology company’s stock valued at $31,000 after purchasing an additional 145 shares during the last quarter. Point72 Hong Kong Ltd purchased a new position in Guidewire Software in the third quarter valued at about $33,000. Brooklyn Investment Group acquired a new position in Guidewire Software in the 3rd quarter worth about $42,000. Finally, R Squared Ltd purchased a new stake in shares of Guidewire Software during the 4th quarter worth about $47,000.

About Guidewire Software

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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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Insider Buying and Selling by Quarter for Guidewire Software (NYSE:GWRE)

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