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 company’s stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $174.78, for a total transaction of $52,434.00. Following the completion of the sale, the chief financial officer now directly owns 73,494 shares of the company’s stock, valued at $12,845,281.32. The trade was a 0.41 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible 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 shares were 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 stock was sold at an average price of $171.06, for a total value of $483,757.68.

Guidewire Software Stock Up 1.5 %

GWRE stock traded up $2.63 during mid-day trading on Wednesday, reaching $174.60. The company had a trading volume of 678,675 shares, compared to its average volume of 781,808. The company has a market capitalization of $14.58 billion, a price-to-earnings ratio of 485.00, a PEG ratio of 46.15 and a beta of 1.23. Guidewire Software, Inc. has a 52 week low of $107.00 and a 52 week high of $209.15. The stock has a 50 day simple moving average of $183.96 and a two-hundred day simple moving average of $169.34. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.66 and a quick ratio of 1.55.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on GWRE shares. JMP Securities reaffirmed a “market outperform” rating and set a $231.00 price target on shares of Guidewire Software in a research report on Friday, December 6th. Robert W. Baird raised their target price on shares of Guidewire Software from $204.00 to $220.00 and gave the stock an “outperform” rating in a report on Tuesday, November 19th. Wells Fargo & Company increased 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. DA Davidson reaffirmed a “buy” rating and issued a $210.00 price objective on shares of Guidewire Software in a research report on Wednesday, December 4th. Finally, JPMorgan Chase & Co. increased their target price on Guidewire Software from $210.00 to $228.00 and gave the stock an “overweight” rating in a report on Friday, December 6th. One investment 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 data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $193.00.

Hedge Funds Weigh In On Guidewire Software

Hedge funds and other institutional investors have recently made changes to their positions in the company. Versant Capital Management Inc bought a new stake in Guidewire Software during the fourth quarter worth $25,000. Assetmark Inc. raised its holdings in shares of Guidewire Software by 537.0% in the 3rd quarter. Assetmark Inc. now owns 172 shares of the technology company’s stock valued at $31,000 after purchasing an additional 145 shares during the period. Point72 Hong Kong Ltd bought a new stake in shares of Guidewire Software in the 3rd quarter valued at about $33,000. Brooklyn Investment Group acquired a new stake in Guidewire Software in the 3rd quarter valued at about $42,000. Finally, Canada Pension Plan Investment Board bought a new position in Guidewire Software during the second quarter worth about $55,000.

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.