Guidewire Software, Inc. (NYSE:GWRE) Director Craig Conway sold 600 shares of the business’s stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $79.23, for a total transaction of $47,538.00. Following the transaction, the director now owns 8,847 shares in the company, valued at $700,947.81. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Craig Conway also recently made the following trade(s):
- On Monday, October 16th, Craig Conway sold 600 shares of Guidewire Software stock. The stock was sold at an average price of $78.51, for a total transaction of $47,106.00.
- On Friday, September 15th, Craig Conway sold 600 shares of Guidewire Software stock. The stock was sold at an average price of $78.20, for a total transaction of $46,920.00.
Shares of Guidewire Software, Inc. (NYSE:GWRE) traded up $0.31 during midday trading on Friday, hitting $81.49. 513,373 shares of the company’s stock traded hands, compared to its average volume of 441,969. Guidewire Software, Inc. has a 12 month low of $49.18 and a 12 month high of $83.47. The stock has a market capitalization of $6,120.00, a P/E ratio of 190.19, a PEG ratio of 25.29 and a beta of 1.23.
Guidewire Software (NYSE:GWRE) last announced its quarterly earnings results on Wednesday, September 6th. The technology company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.20. Guidewire Software had a net margin of 4.13% and a return on equity of 3.59%. The company had revenue of $181.10 million for the quarter, compared to the consensus estimate of $168.61 million. During the same quarter in the prior year, the firm earned $0.22 earnings per share. The company’s revenue for the quarter was up 28.3% compared to the same quarter last year. analysts predict that Guidewire Software, Inc. will post 0.2 earnings per share for the current year.
TRADEMARK VIOLATION WARNING: “Guidewire Software, Inc. (GWRE) Director Craig Conway Sells 600 Shares of Stock” was reported by TrueBlueTribune and is the sole property of of TrueBlueTribune. If you are viewing this report on another site, it was illegally copied and republished in violation of US and international copyright and trademark legislation. The correct version of this report can be viewed at https://www.truebluetribune.com/2017/11/18/guidewire-software-inc-gwre-director-craig-conway-sells-600-shares-of-stock.html.
Several hedge funds and other institutional investors have recently made changes to their positions in GWRE. BlackRock Inc. lifted its holdings in shares of Guidewire Software by 33,371.0% in the first quarter. BlackRock Inc. now owns 3,071,300 shares of the technology company’s stock valued at $173,006,000 after purchasing an additional 3,062,124 shares in the last quarter. Janus Henderson Group PLC purchased a new stake in shares of Guidewire Software in the second quarter valued at about $113,628,000. Harbour Capital Advisors LLC purchased a new stake in shares of Guidewire Software in the second quarter valued at about $6,700,000. Wasatch Advisors Inc. purchased a new stake in shares of Guidewire Software in the second quarter valued at about $28,037,000. Finally, Koch Industries Inc. purchased a new stake in shares of Guidewire Software in the second quarter valued at about $304,000.
GWRE has been the topic of a number of research analyst reports. Piper Jaffray Companies reissued a “buy” rating and set a $80.00 price objective on shares of Guidewire Software in a report on Sunday, August 27th. BidaskClub raised shares of Guidewire Software from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 19th. Zacks Investment Research downgraded shares of Guidewire Software from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 11th. TheStreet downgraded shares of Guidewire Software from a “b-” rating to a “c+” rating in a report on Monday, August 14th. Finally, Deutsche Bank AG reissued a “buy” rating and set a $85.00 price objective (up previously from $80.00) on shares of Guidewire Software in a report on Monday, October 2nd. One analyst has rated the stock with a sell rating, four have given a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $80.11.
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.
Receive News & Ratings for Guidewire Software Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Guidewire Software Inc. and related companies with MarketBeat.com's FREE daily email newsletter.