Guidewire Software Inc (GWRE) COO Priscilla Hung Sells 136 Shares

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Guidewire Software Inc (NYSE:GWRE) COO Priscilla Hung sold 136 shares of the stock in a transaction that occurred on Thursday, July 5th. The shares were sold at an average price of $89.75, for a total value of $12,206.00. Following the completion of the sale, the chief operating officer now directly owns 4,771 shares of the company’s stock, valued at approximately $428,197.25. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Priscilla Hung also recently made the following trade(s):

  • On Wednesday, June 20th, Priscilla Hung sold 2,655 shares of Guidewire Software stock. The shares were sold at an average price of $92.84, for a total value of $246,490.20.
  • On Tuesday, June 5th, Priscilla Hung sold 135 shares of Guidewire Software stock. The shares were sold at an average price of $95.16, for a total value of $12,846.60.
  • On Monday, May 7th, Priscilla Hung sold 136 shares of Guidewire Software stock. The shares were sold at an average price of $88.25, for a total value of $12,002.00.

Guidewire Software traded up $1.54, hitting $92.10, during mid-day trading on Friday, MarketBeat reports. 4,639 shares of the company’s stock traded hands, compared to its average volume of 769,619. Guidewire Software Inc has a fifty-two week low of $67.89 and a fifty-two week high of $96.19. The company has a market capitalization of $7.16 billion, a price-to-earnings ratio of 229.05, a P/E/G ratio of 202.84 and a beta of 1.08. The company has a debt-to-equity ratio of 0.23, a current ratio of 5.97 and a quick ratio of 5.97.

Guidewire Software (NYSE:GWRE) last posted its quarterly earnings data on Tuesday, June 5th. The technology company reported $0.05 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.06. The firm had revenue of $140.47 million for the quarter, compared to analysts’ expectations of $137.31 million. Guidewire Software had a positive return on equity of 0.30% and a negative net margin of 12.83%. The company’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.16 EPS. equities analysts anticipate that Guidewire Software Inc will post 0.06 earnings per share for the current fiscal year.

Several equities research analysts have issued reports on the company. KeyCorp raised their price target on Guidewire Software from $91.00 to $100.00 and gave the company an “overweight” rating in a report on Wednesday, June 6th. JPMorgan Chase & Co. raised their price target on Guidewire Software to $100.00 and gave the company an “overweight” rating in a report on Wednesday, June 6th. Stifel Nicolaus raised their price target on Guidewire Software from $88.00 to $93.00 and gave the company a “hold” rating in a report on Wednesday, June 6th. Deutsche Bank raised their price target on Guidewire Software from $95.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, June 6th. Finally, DA Davidson raised their price target on Guidewire Software from $100.00 to $106.00 and gave the company a “buy” rating in a report on Thursday, June 7th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and nine have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $94.11.

Hedge funds have recently bought and sold shares of the business. American International Group Inc. bought a new position in Guidewire Software during the 4th quarter worth $121,000. Whittier Trust Co. of Nevada Inc. increased its position in Guidewire Software by 46.9% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 2,140 shares of the technology company’s stock worth $173,000 after buying an additional 683 shares during the period. TLP Group LLC bought a new position in Guidewire Software during the 1st quarter worth $197,000. CIBC Asset Management Inc bought a new position in Guidewire Software during the 1st quarter worth $207,000. Finally, Verition Fund Management LLC bought a new position in Guidewire Software during the 1st quarter worth $221,000.

Guidewire Software Company Profile

Guidewire Software, Inc provides software products for property and casualty insurers. It offers Guidewire InsuranceNow, a cloud-based platform that offers policy, billing, and claims management functionality to insurers. The company's products include Guidewire InsuranceSuite comprising Guidewire PolicyCenter, an underwriting and policy administration application; Guidewire ClaimCenter, a lifecycle management application; Guidewire BillingCenter, manages billing, payment plans, agent commissions, and external payment systems; and Guidewire Underwriting Management, a cloud-based underwriting application.

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

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