Guidewire Software Inc (GWRE) COO Sells $100,676.84 in Stock

Guidewire Software Inc (NYSE:GWRE) COO Priscilla Hung sold 1,331 shares of the stock in a transaction on Thursday, January 4th. The shares were sold at an average price of $75.64, for a total value of $100,676.84. Following the completion of the transaction, the chief operating officer now directly owns 2,556 shares in the company, valued at approximately $193,335.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Priscilla Hung also recently made the following trade(s):

  • On Wednesday, December 20th, Priscilla Hung sold 2,870 shares of Guidewire Software stock. The shares were sold at an average price of $73.31, for a total value of $210,399.70.
  • On Monday, December 4th, Priscilla Hung sold 136 shares of Guidewire Software stock. The shares were sold at an average price of $73.11, for a total value of $9,942.96.
  • On Monday, November 6th, Priscilla Hung sold 136 shares of Guidewire Software stock. The shares were sold at an average price of $81.88, for a total transaction of $11,135.68.

Guidewire Software Inc (NYSE GWRE) traded up $0.45 during midday trading on Friday, reaching $77.04. 428,138 shares of the company’s stock traded hands, compared to its average volume of 701,330. Guidewire Software Inc has a twelve month low of $50.63 and a twelve month high of $83.52. The stock has a market capitalization of $5,810.00, a price-to-earnings ratio of 308.16, a price-to-earnings-growth ratio of 87.43 and a beta of 1.17.

Guidewire Software (NYSE:GWRE) last posted its quarterly earnings results on Wednesday, November 29th. The technology company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.10). The business had revenue of $108.20 million for the quarter, compared to analysts’ expectations of $100.61 million. Guidewire Software had a net margin of 3.82% and a return on equity of 3.29%. The business’s quarterly revenue was up 15.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.02 earnings per share. equities research analysts forecast that Guidewire Software Inc will post 0.06 earnings per share for the current year.

Several analysts have issued reports on GWRE shares. Zacks Investment Research lowered shares of Guidewire Software from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 11th. Deutsche Bank restated a “buy” rating and set a $85.00 price target (up from $80.00) on shares of Guidewire Software in a research report on Monday, October 2nd. TheStreet lowered shares of Guidewire Software from a “b” rating to a “c+” rating in a research report on Wednesday, November 29th. Finally, BidaskClub lowered shares of Guidewire Software from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, October 18th. Four equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $80.11.

Several institutional investors have recently bought and sold shares of the company. Atlantic Trust Group LLC purchased a new stake in shares of Guidewire Software during the third quarter worth about $39,989,000. DF Dent & Co. Inc. boosted its holdings in shares of Guidewire Software by 30.1% during the third quarter. DF Dent & Co. Inc. now owns 17,925 shares of the technology company’s stock worth $1,396,000 after purchasing an additional 4,150 shares during the period. Neuberger Berman Group LLC purchased a new stake in shares of Guidewire Software during the third quarter worth about $386,000. California Public Employees Retirement System boosted its holdings in shares of Guidewire Software by 12.3% during the third quarter. California Public Employees Retirement System now owns 99,256 shares of the technology company’s stock worth $7,728,000 after purchasing an additional 10,856 shares during the period. Finally, Bamco Inc. NY boosted its holdings in shares of Guidewire Software by 3.1% during the third quarter. Bamco Inc. NY now owns 5,082,409 shares of the technology company’s stock worth $395,716,000 after purchasing an additional 151,238 shares during the period.

COPYRIGHT VIOLATION NOTICE: “Guidewire Software Inc (GWRE) COO Sells $100,676.84 in Stock” was originally posted by Equities Focus and is the sole property of of Equities Focus. If you are viewing this news story on another website, it was illegally stolen and reposted in violation of US & international trademark & copyright law. The correct version of this news story can be accessed at https://www.equitiesfocus.com/2018/01/07/guidewire-software-inc-gwre-coo-sells-100676-84-in-stock.html.

About Guidewire Software

Guidewire Software, Inc is a provider of software products for property and casualty (P&C) insurers. The Company’s software serves as a technology platform for P&C insurance carriers. The Company’s InsurancePlatform consists of three elements: core transaction processing, data management and analytics, and digital engagement.

Insider Buying and Selling 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.

Leave a Reply