Guidewire Software, Inc. (NYSE:GWRE – Get Free Report) CEO Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock in a transaction that occurred on Monday, September 29th. The stock was sold at an average price of $232.25, for a total value of $325,150.00. Following the transaction, the chief executive officer directly owned 262,158 shares in the company, valued at approximately $60,886,195.50. This trade represents a 0.53% decrease in their position. 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, 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 transaction of $342,370.00.
- On Tuesday, September 16th, Michael George Rosenbaum sold 30,317 shares of Guidewire Software stock. The shares were sold at an average price of $242.87, for a total transaction of $7,363,089.79.
- On Monday, September 15th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $252.83, for a total transaction 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 transaction 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 transaction of $300,020.00.
- On Monday, August 25th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $214.70, for a total transaction of $300,580.00.
- On Monday, August 18th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $211.61, for a total transaction of $296,254.00.
- On Monday, August 11th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $212.44, for a total value of $297,416.00.
- On Monday, August 4th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $225.04, for a total value of $315,056.00.
- On Monday, July 28th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $223.75, for a total value of $313,250.00.
Guidewire Software Trading Up 0.4%
Shares of GWRE stock opened at $231.30 on Tuesday. The company has a market capitalization of $19.55 billion, a P/E ratio of 289.12 and a beta of 1.22. The company has a current ratio of 2.77, a quick ratio of 2.77 and a debt-to-equity ratio of 0.46. The business’s 50 day moving average is $227.78 and its two-hundred day moving average is $218.35. Guidewire Software, Inc. has a twelve month low of $165.08 and a twelve month high of $272.60.
Wall Street Analyst Weigh In
Several research analysts recently issued reports on GWRE shares. Needham & Company LLC reissued a “hold” rating on shares of Guidewire Software in a report on Wednesday, June 4th. Royal Bank Of Canada boosted their target price on Guidewire Software from $290.00 to $300.00 and gave the stock an “outperform” rating in a research report on Friday, September 5th. The Goldman Sachs Group raised their price target on Guidewire Software from $270.00 to $305.00 and gave the company a “buy” rating in a report on Friday, September 5th. Citigroup upped their price objective on Guidewire Software from $247.00 to $267.00 and gave the stock a “neutral” rating in a report on Tuesday, September 9th. Finally, Wall Street Zen cut Guidewire Software from a “buy” rating to a “hold” rating in a research report on Friday, September 5th. Nine analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Guidewire Software currently has an average rating of “Moderate Buy” and a consensus price target of $274.08.
Get Our Latest Stock Analysis on GWRE
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Linonia Partnership LP raised its holdings in shares of Guidewire Software by 41.8% in the first quarter. Linonia Partnership LP now owns 3,396,310 shares of the technology company’s stock worth $636,333,000 after acquiring an additional 1,000,709 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in Guidewire Software by 16.2% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 5,157,195 shares of the technology company’s stock valued at $966,252,000 after purchasing an additional 720,322 shares during the last quarter. Qube Research & Technologies Ltd lifted its holdings in Guidewire Software by 3,636.9% in the 2nd quarter. Qube Research & Technologies Ltd now owns 731,467 shares of the technology company’s stock valued at $172,224,000 after purchasing an additional 711,893 shares in the last quarter. Groupama Asset Managment lifted its holdings in Guidewire Software by 240.0% in the 2nd quarter. Groupama Asset Managment now owns 850,000 shares of the technology company’s stock valued at $200,132,000 after purchasing an additional 600,000 shares in the last quarter. Finally, Invesco Ltd. boosted its stake in shares of Guidewire Software by 70.4% during the 1st quarter. Invesco Ltd. now owns 1,427,104 shares of the technology company’s stock worth $267,382,000 after purchasing an additional 589,424 shares during the last quarter.
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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