Guidewire Software, Inc. (NYSE:GWRE) Shares Purchased by Argonautica Private Wealth Management Inc.

Argonautica Private Wealth Management Inc. raised its stake in Guidewire Software, Inc. (NYSE:GWRE) by 1.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,040 shares of the technology company’s stock after acquiring an additional 75 shares during the quarter. Argonautica Private Wealth Management Inc.’s holdings in Guidewire Software were worth $681,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Hanseatic Management Services Inc. boosted its position in Guidewire Software by 12.1% during the fourth quarter. Hanseatic Management Services Inc. now owns 539 shares of the technology company’s stock worth $91,000 after acquiring an additional 58 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Guidewire Software by 21.1% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 345 shares of the technology company’s stock worth $63,000 after purchasing an additional 60 shares during the last quarter. CIBC Asset Management Inc grew its position in shares of Guidewire Software by 3.7% in the third quarter. CIBC Asset Management Inc now owns 2,451 shares of the technology company’s stock valued at $448,000 after purchasing an additional 87 shares during the period. Assetmark Inc. grew its position in shares of Guidewire Software by 537.0% in 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 period. Finally, Orion Portfolio Solutions LLC increased its stake in Guidewire Software by 0.7% in the third quarter. Orion Portfolio Solutions LLC now owns 21,302 shares of the technology company’s stock valued at $3,897,000 after purchasing an additional 149 shares during the last quarter.

Insider Transactions at Guidewire Software

In other news, CEO Michael George Rosenbaum sold 5,932 shares of Guidewire Software stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of $171.06, for a total transaction of $1,014,727.92. Following the sale, the chief executive officer now owns 281,730 shares in the company, valued at $48,192,733.80. This trade represents a 2.06 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider James Winston King sold 270 shares of the company’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $174.78, for a total transaction of $47,190.60. Following the completion of the transaction, the insider now owns 45,664 shares of the company’s stock, valued at $7,981,153.92. This trade represents a 0.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 38,956 shares of company stock valued at $7,105,255 over the last quarter. Company insiders own 0.48% of the company’s stock.

Wall Street Analysts Forecast Growth

GWRE has been the topic of a number of research analyst reports. Stifel Nicolaus raised their price target on Guidewire Software from $200.00 to $220.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Oppenheimer boosted their target price on shares of Guidewire Software from $220.00 to $230.00 and gave the company an “outperform” rating in a report on Friday, December 6th. Robert W. Baird increased their price target on shares of Guidewire Software from $204.00 to $220.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 19th. JMP Securities reiterated a “market outperform” rating and issued a $231.00 price target on shares of Guidewire Software in a report on Friday, December 6th. Finally, The Goldman Sachs Group upped their price objective on Guidewire Software from $210.00 to $240.00 and gave the stock a “buy” rating in a report on Monday, February 10th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $204.50.

Guidewire Software Stock Down 1.1 %

Shares of Guidewire Software stock opened at $199.60 on Wednesday. The company has a fifty day moving average price of $191.51 and a 200 day moving average price of $182.47. The company has a current ratio of 2.66, a quick ratio of 2.66 and a debt-to-equity ratio of 0.53. Guidewire Software, Inc. has a twelve month low of $107.00 and a twelve month high of $219.59. The stock has a market cap of $16.67 billion, a price-to-earnings ratio of 554.43, a price-to-earnings-growth ratio of 37.21 and a beta of 1.25.

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.