Insider Selling: Guidewire Software, Inc. (NYSE:GWRE) CFO Sells $52,434.00 in Stock

Guidewire Software, Inc. (NYSE:GWRE) CFO Jeffrey Elliott Cooper sold 300 shares of the stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $174.78, for a total value of $52,434.00. Following the completion of the transaction, the chief financial officer now owns 73,494 shares in the company, valued at approximately $12,845,281.32. This represents a 0.41 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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

• On Thursday, December 19th, Jeffrey Elliott Cooper sold 1,069 shares of Guidewire Software stock. The stock was sold at an average price of $174.43, for a total transaction of $186,465.67.
• 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 NYSE:GWRE opened at $178.66 on Friday. Guidewire Software, Inc. has a fifty-two week low of $107.00 and a fifty-two week high of $209.15. The company’s 50-day moving average is $182.99 and its 200 day moving average is $169.73. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.66 and a current ratio of 2.66. The company has a market capitalization of $14.92 billion, a P/E ratio of 496.27, a price-to-earnings-growth ratio of 44.47 and a beta of 1.23.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on GWRE shares. JPMorgan Chase & Co. raised their price target on shares of Guidewire Software from $210.00 to $228.00 and gave the company an “overweight” rating in a research report on Friday, December 6th. JMP Securities restated a “market outperform” rating and issued a $231.00 target price on shares of Guidewire Software in a report on Friday, December 6th. DA Davidson reiterated a “buy” rating and set a $210.00 price target on shares of Guidewire Software in a report on Wednesday, December 4th. Robert W. Baird raised their price objective on Guidewire Software from $204.00 to $220.00 and gave the company an “outperform” rating in a research note on Tuesday, November 19th. Finally, 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 report on Friday, December 6th. One analyst has rated the stock with a sell rating, two have issued a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $193.00.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Hanseatic Management Services Inc. raised its holdings in shares of Guidewire Software by 12.1% in the 4th quarter. Hanseatic Management Services Inc. now owns 539 shares of the technology company’s stock worth $91,000 after purchasing an additional 58 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its position in Guidewire Software by 21.1% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 345 shares of the technology company’s stock worth $63,000 after buying an additional 60 shares during the last quarter. CIBC Asset Management Inc raised its stake 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 buying an additional 87 shares during the period. Vanguard Personalized Indexing Management LLC lifted its position in shares of Guidewire Software by 1.3% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 9,078 shares of the technology company’s stock valued at $1,252,000 after buying an additional 116 shares during the last quarter. Finally, Signaturefd LLC lifted its position in shares of Guidewire Software by 2.4% during the 3rd quarter. Signaturefd LLC now owns 6,051 shares of the technology company’s stock valued at $1,107,000 after buying an additional 139 shares during the last quarter.

About Guidewire Software

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.