WINTON GROUP Ltd Makes New $872,000 Investment in Guidewire Software, Inc. (NYSE:GWRE)

WINTON GROUP Ltd bought a new stake in shares of Guidewire Software, Inc. (NYSE:GWRE) during the 4th quarter, Holdings Channel reports. The fund bought 5,171 shares of the technology company’s stock, valued at approximately $872,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Smartleaf Asset Management LLC boosted its position in Guidewire Software by 10.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 595 shares of the technology company’s stock valued at $100,000 after acquiring an additional 56 shares in the last quarter. Hanseatic Management Services Inc. lifted its stake in shares of Guidewire Software by 12.1% in the 4th 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. Norden Group LLC boosted its position in shares of Guidewire Software by 5.2% during the fourth quarter. Norden Group LLC now owns 1,232 shares of the technology company’s stock valued at $208,000 after purchasing an additional 61 shares in the last quarter. Argonautica Private Wealth Management Inc. grew its stake in Guidewire Software by 1.9% in the fourth quarter. Argonautica Private Wealth Management Inc. now owns 4,040 shares of the technology company’s stock worth $681,000 after purchasing an additional 75 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in Guidewire Software by 101.0% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 197 shares of the technology company’s stock worth $34,000 after purchasing an additional 99 shares in the last quarter.

Insider Transactions at Guidewire Software

In other Guidewire Software news, Director Michael C. Keller sold 1,939 shares of the stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $174.78, for a total value of $338,898.42. Following the transaction, the director now directly owns 14,118 shares in the company, valued at approximately $2,467,544.04. This trade represents a 12.08 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Michael George Rosenbaum sold 1,400 shares of the business’s stock in a transaction on Monday, March 24th. The shares were sold at an average price of $195.15, for a total transaction of $273,210.00. Following the sale, the chief executive officer now directly owns 261,393 shares of the company’s stock, valued at approximately $51,010,843.95. The trade was a 0.53 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 37,180 shares of company stock worth $7,159,763 in the last ninety days. Insiders own 0.48% of the company’s stock.

Guidewire Software Price Performance

Shares of NYSE:GWRE opened at $187.54 on Friday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.66 and a current ratio of 2.66. The firm has a market cap of $15.73 billion, a price-to-earnings ratio of 520.95, a price-to-earnings-growth ratio of 37.21 and a beta of 1.31. The business has a 50-day simple moving average of $199.36 and a two-hundred day simple moving average of $188.67. Guidewire Software, Inc. has a fifty-two week low of $107.00 and a fifty-two week high of $219.59.

Guidewire Software (NYSE:GWRE) last issued its quarterly earnings data on Thursday, March 6th. The technology company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.44). Guidewire Software had a net margin of 2.91% and a return on equity of 2.38%. The company had revenue of $289.48 million for the quarter, compared to the consensus estimate of $285.74 million. On average, analysts expect that Guidewire Software, Inc. will post 0.52 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have recently weighed in on GWRE. Needham & Company LLC reaffirmed a “hold” rating on shares of Guidewire Software in a research report on Friday, March 7th. DA Davidson reaffirmed a “buy” rating and set a $210.00 target price on shares of Guidewire Software in a research note on Wednesday, December 4th. Oppenheimer boosted their price target on Guidewire Software from $220.00 to $230.00 and gave the stock an “outperform” rating in a research report on Friday, December 6th. Wells Fargo & Company raised their price objective on Guidewire Software from $215.00 to $220.00 and gave the company an “overweight” rating in a research report on Friday, December 6th. Finally, Robert W. Baird boosted their target price on Guidewire Software from $230.00 to $236.00 and gave the stock an “outperform” rating in a report on Friday, March 7th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $206.08.

Guidewire Software 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.