Orion Portfolio Solutions LLC Buys 216 Shares of Guidewire Software, Inc. (NYSE:GWRE)

Orion Portfolio Solutions LLC increased its position in Guidewire Software, Inc. (NYSE:GWRE) by 1.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,518 shares of the technology company’s stock after acquiring an additional 216 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Guidewire Software were worth $3,628,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in shares of Guidewire Software by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 8,455,534 shares of the technology company’s stock worth $1,425,434,000 after purchasing an additional 90,618 shares in the last quarter. Artisan Partners Limited Partnership increased its stake in Guidewire Software by 26.1% in the 4th quarter. Artisan Partners Limited Partnership now owns 1,407,778 shares of the technology company’s stock worth $237,323,000 after buying an additional 291,774 shares in the last quarter. Geode Capital Management LLC raised its holdings in Guidewire Software by 0.5% during the third quarter. Geode Capital Management LLC now owns 1,330,074 shares of the technology company’s stock valued at $243,580,000 after acquiring an additional 6,223 shares during the period. Whale Rock Capital Management LLC lifted 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 valued at $177,954,000 after acquiring an additional 31,512 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. boosted its stake in shares of Guidewire Software by 7.6% in the third quarter. Jacobs Levy Equity Management Inc. now owns 764,400 shares of the technology company’s stock worth $139,839,000 after acquiring an additional 53,967 shares during the period.

Guidewire Software Price Performance

NYSE:GWRE opened at $187.54 on Monday. The firm has a market capitalization of $15.73 billion, a price-to-earnings ratio of 520.95, a PEG ratio of 37.21 and a beta of 1.31. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.66 and a quick ratio of 2.66. The business has a 50 day simple moving average of $199.36 and a 200-day simple moving average of $188.82. Guidewire Software, Inc. has a 1 year low of $107.00 and a 1 year high of $219.59.

Guidewire Software (NYSE:GWRE) last posted its quarterly earnings data on Thursday, March 6th. The technology company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.44). Guidewire Software had a return on equity of 2.38% and a net margin of 2.91%. The firm had revenue of $289.48 million for the quarter, compared to analysts’ expectations of $285.74 million. Equities analysts forecast that Guidewire Software, Inc. will post 0.52 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. DA Davidson reissued a “buy” rating and issued a $210.00 price target on shares of Guidewire Software in a report on Wednesday, December 4th. JMP Securities restated a “market outperform” rating and set a $231.00 target price on shares of Guidewire Software in a research report on Friday, December 6th. Wells Fargo & Company lifted their price target on shares of Guidewire Software from $215.00 to $220.00 and gave the company an “overweight” rating in a report on Friday, December 6th. Royal Bank of Canada boosted their price target on shares of Guidewire Software from $215.00 to $230.00 and gave the stock an “outperform” rating in a research note on Friday, December 6th. Finally, Oppenheimer raised their price objective on Guidewire Software from $220.00 to $230.00 and gave the company an “outperform” rating in a research report on Friday, December 6th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, Guidewire Software presently has an average rating of “Moderate Buy” and a consensus price target of $206.08.

Insider Activity at Guidewire Software

In other news, CEO Michael George Rosenbaum sold 1,400 shares of the business’s stock in a transaction on Monday, March 10th. The shares were sold at an average price of $170.04, for a total transaction of $238,056.00. Following the completion of the sale, the chief executive officer now directly owns 269,130 shares of the company’s stock, valued at approximately $45,762,865.20. The trade was a 0.52 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider James Winston King sold 270 shares of the firm’s stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $174.78, for a total transaction of $47,190.60. Following the completion of the transaction, the insider now directly owns 45,664 shares in the company, valued at $7,981,153.92. This represents a 0.59 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 37,180 shares of company stock worth $7,159,763. Insiders own 0.48% of the company’s stock.

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.