Guidewire Software, Inc. (NYSE:GWRE) CFO Sells $186,465.67 in Stock

Guidewire Software, Inc. (NYSE:GWRE) CFO Jeffrey Elliott Cooper sold 1,069 shares of the stock in a transaction that occurred on Thursday, December 19th. The shares were sold at an average price of $174.43, for a total value of $186,465.67. Following the transaction, the chief financial officer now directly owns 73,842 shares of the company’s stock, valued at $12,880,260.06. This trade represents a 1.43 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Jeffrey Elliott Cooper also recently made the following trade(s):

• On Tuesday, December 17th, Jeffrey Elliott Cooper sold 2,828 shares of Guidewire Software stock. The shares were sold at an average price of $171.06, for a total transaction of $483,757.68.

Guidewire Software Price Performance

Shares of Guidewire Software stock opened at $176.03 on Friday. The company has a quick ratio of 1.55, a current ratio of 2.66 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $14.70 billion, a price-to-earnings ratio of 488.97, a price-to-earnings-growth ratio of 45.60 and a beta of 1.18. Guidewire Software, Inc. has a twelve month low of $102.66 and a twelve month high of $209.15. The company has a 50-day simple moving average of $189.58 and a two-hundred day simple moving average of $164.32.

Analyst Ratings Changes

A number of equities analysts recently commented on GWRE shares. Stifel Nicolaus lifted their price target on Guidewire Software from $200.00 to $220.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. BTIG Research boosted their target price on Guidewire Software from $140.00 to $165.00 and gave the stock a “buy” rating in a report on Friday, August 30th. JPMorgan Chase & Co. increased their price target on Guidewire Software from $210.00 to $228.00 and gave the company an “overweight” rating in a research note on Friday, December 6th. Wells Fargo & Company lifted their price objective on shares of Guidewire Software from $215.00 to $220.00 and gave the stock an “overweight” rating in a research report on Friday, December 6th. Finally, JMP Securities reissued a “market outperform” rating and issued a $231.00 price objective on shares of Guidewire Software in a research report on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and eleven have given a buy rating to the company. According to MarketBeat, Guidewire Software currently has a consensus rating of “Moderate Buy” and a consensus price target of $193.00.

Institutional Investors Weigh In On Guidewire Software

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Icon Wealth Advisors LLC grew its position in Guidewire Software by 72.4% during the third quarter. Icon Wealth Advisors LLC now owns 5,984 shares of the technology company’s stock worth $1,095,000 after buying an additional 2,512 shares in the last quarter. Parkside Financial Bank & Trust grew its holdings in shares of Guidewire Software by 8.0% during the 2nd quarter. Parkside Financial Bank & Trust now owns 2,215 shares of the technology company’s stock worth $305,000 after purchasing an additional 165 shares in the last quarter. Whale Rock Capital Management LLC increased its position in shares of Guidewire Software by 3.3% in the third quarter. Whale Rock Capital Management LLC now owns 972,743 shares of the technology company’s stock worth $177,954,000 after purchasing an additional 31,512 shares during the period. Cerity Partners LLC raised its stake in Guidewire Software by 326.8% in the third quarter. Cerity Partners LLC now owns 21,799 shares of the technology company’s stock valued at $3,988,000 after purchasing an additional 16,692 shares in the last quarter. Finally, Xponance Inc. lifted its position in Guidewire Software by 79.8% during the second quarter. Xponance Inc. now owns 6,908 shares of the technology company’s stock worth $953,000 after purchasing an additional 3,066 shares during the period.

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.