Guidewire Software, Inc. (NYSE:GWRE) Insider James Winston King Sells 1,509 Shares

Guidewire Software, Inc. (NYSE:GWREGet Free Report) insider James Winston King sold 1,509 shares of the stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $171.06, for a total transaction of $258,129.54. Following the transaction, the insider now directly owns 46,728 shares in the company, valued at $7,993,291.68. The trade was a 3.13 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

James Winston King also recently made the following trade(s):

  • On Thursday, December 19th, James Winston King sold 794 shares of Guidewire Software stock. The stock was sold at an average price of $174.43, for a total value of $138,497.42.

Guidewire Software Trading Up 2.3 %

Guidewire Software stock opened at $176.03 on Friday. Guidewire Software, Inc. has a 12 month low of $102.66 and a 12 month high of $209.15. The stock has a market cap 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. The business has a 50 day moving average price of $189.77 and a two-hundred day moving average price of $163.86. The company has a quick ratio of 1.55, a current ratio of 2.66 and a debt-to-equity ratio of 0.53.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. &PARTNERS acquired a new position in Guidewire Software in the second quarter worth about $750,000. Wooster Corthell Wealth Management Inc. acquired a new position in shares of Guidewire Software in the 2nd quarter worth approximately $492,000. Raymond James Trust N.A. lifted its position in shares of Guidewire Software by 5.5% during the 2nd quarter. Raymond James Trust N.A. now owns 16,118 shares of the technology company’s stock worth $2,223,000 after buying an additional 836 shares during the period. Allspring Global Investments Holdings LLC boosted its stake in Guidewire Software by 4.0% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,050 shares of the technology company’s stock valued at $283,000 after buying an additional 79 shares in the last quarter. Finally, RiverPark Advisors LLC grew its position in Guidewire Software by 32.8% in the second quarter. RiverPark Advisors LLC now owns 1,541 shares of the technology company’s stock valued at $212,000 after acquiring an additional 381 shares during the period.

Analysts Set New Price Targets

Several research firms recently weighed in on GWRE. JPMorgan Chase & Co. boosted 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. JMP Securities reaffirmed a “market outperform” rating and set a $231.00 price objective on shares of Guidewire Software in a report on Friday, December 6th. Wells Fargo & Company lifted their target price 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. Citigroup upped their price target on shares of Guidewire Software from $123.00 to $165.00 and gave the company a “neutral” rating in a report on Monday, September 9th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Guidewire Software in a research note on Friday, December 6th. One research analyst has rated the stock with a sell rating, two have given a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $193.00.

Check Out Our Latest Analysis on Guidewire Software

About Guidewire Software

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Guidewire Software (NYSE:GWRE)

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