Guidewire Software program, Inc. (NYSE:GWRE – Get Ranking) noticed unusually giant choices buying and selling exercise on Wednesday. Inventory merchants bought 1,297 name choices on the inventory. This is a rise of roughly 1.563% in comparison with the typical each day quantity of 78 name choices.
Insider Transactions at Guidewire Software program
In associated information, CEO Michael George Rosenbaum offered 27,786 shares of the agency’s inventory in a transaction on Monday, September nineteenth. The shares have been offered at a mean value of $62.82, for a complete transaction of $1,745,516.52. Following the completion of the sale, the chief government officer now straight owns 201,160 shares of the corporate’s inventory, valued at roughly $12,636,871.20. The transaction was disclosed in a doc filed with the SEC, which is on the market by way of the SEC web site. In different Guidewire Software program information, CEO Michael George Rosenbaum offered 27,786 shares of the agency’s inventory in a transaction on Monday, September nineteenth. The shares have been offered at a mean value of $62.82, for a complete transaction of $1,745,516.52. Following the completion of the transaction, the chief government officer now straight owns 201,160 shares of the corporate’s inventory, valued at roughly $12,636,871.20. The sale was disclosed in a doc filed with the SEC, which is on the market by way of this hyperlink. Additionally, insider James Winston King offered 3,110 shares of the agency’s inventory in a transaction on Monday, September nineteenth. The inventory was offered at a mean value of $62.82, for a complete transaction of $195,370.20. Following the transaction, the insider now straight owns 43,907 shares of the corporate’s inventory, valued at $2,758,237.74. The disclosure for this sale may be discovered right here. Insiders offered 41,202 shares of firm inventory valued at $2,588,310 during the last 90 days. Company insiders personal 0.17% of the corporate’s inventory.
Hedge Funds Weigh In On Guidewire Software program
A number of hedge funds have lately made adjustments to their positions in GWRE. Vanguard Group Inc. elevated its place in shares of Guidewire Software program by 0.7% within the third quarter. Vanguard Group Inc. now owns 7,765,647 shares of the know-how firm’s inventory price $478,209,000 after buying a further 57,277 shares within the final quarter. Principal Monetary Group Inc. lifted its stake in shares of Guidewire Software program by 2.1% within the first quarter. Principal Monetary Group Inc. now owns 5,197,607 shares of the know-how firm’s inventory price $491,797,000 after shopping for a further 109,373 shares over the last quarter. Van ECK Associates Corp lifted its stake in shares of Guidewire Software program by 15.7% within the third quarter. Van ECK Associates Corp now owns 2,470,897 shares of the know-how firm’s inventory price $152,158,000 after shopping for a further 335,358 shares over the last quarter. William Blair Funding Administration LLC elevated its place in Guidewire Software program by 6.5% in the course of the second quarter. William Blair Funding Administration LLC now owns 2,316,108 shares of the know-how firm’s inventory price $164,421,000 after buying a further 140,725 shares in the course of the interval. Lastly, Route One Funding Firm LP elevated its place in Guidewire Software program by 14.6% in the course of the first quarter. Route One Funding Firm LP now owns 2,245,730 shares of the know-how firm’s inventory price $212,491,000 after buying a further 286,750 shares in the course of the interval. Institutional buyers and hedge funds personal 99.36% of the corporate’s inventory.
Guidewire Software program Inventory Efficiency
Shares of GWRE opened at $60.64 on Thursday. The agency’s 50 day shifting common is $60.27 and its 200-day shifting common is $70.56. The inventory has a market capitalization of $4.96 billion, a P/E ratio of -27.94 and a beta of 1.26. The corporate has a debt-to-equity ratio of 0.25, a present ratio of three.71 and a fast ratio of three.71. Guidewire Software program has a 12-month low of $52.08 and a 12-month excessive of $123.88.
Guidewire Software program (NYSE:GWRE – Get Ranking) final introduced its quarterly earnings knowledge on Tuesday, September sixth. The know-how firm reported ($0.31) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.33) by $0.02. The corporate had income of $244.60 million for the quarter, in comparison with analysts’ expectations of $229.63 million. Guidewire Software program had a unfavourable web margin of twenty-two.20% and a unfavourable return on fairness of 10.06%. The enterprise’s income was up 6.6% in comparison with the identical quarter final yr. Throughout the identical quarter within the earlier yr, the corporate posted $0.06 EPS. Equities analysis analysts anticipate that Guidewire Software program will submit -1.54 EPS for the present fiscal yr.
Wall Avenue Analysts Forecast Development
GWRE has been the subject of quite a lot of current analysis stories. Oppenheimer restated an “initiates” ranking on shares of Guidewire Software program in a analysis report on Wednesday, July twenty seventh. Wells Fargo & Firm lower their value goal on shares of Guidewire Software program from $65.00 to $60.00 and set an “underweight” ranking on the inventory in a analysis report on Friday, October seventh. Royal Financial institution of Canada lower their value goal on shares of Guidewire Software program from $125.00 to $100.00 in a analysis report on Wednesday, September seventh. JMP Securities lower their value goal on shares of Guidewire Software program from $110.00 to $95.00 and set a “market outperform” ranking on the inventory in a analysis report on Wednesday, September seventh. Lastly, StockNews.com initiated protection on shares of Guidewire Software program in a analysis report on Wednesday, October twelfth. They issued a “promote” ranking on the inventory. Two funding analysts have rated the inventory with a promote ranking, three have given a maintain ranking and 4 have assigned a purchase ranking to the inventory. In response to knowledge from MarketBeat.com, the corporate presently has a consensus ranking of “Maintain” and a mean goal value of $89.56.
Guidewire Software program Firm Profile
(Get Ranking)
Guidewire Software program, Inc supplies software program merchandise for property and casualty (P&C) insurers worldwide. The corporate gives Guidewire InsuranceSuite Cloud consisting of PolicyCenter Cloud, BillingCenter Cloud, and ClaimCenter Cloud functions. It additionally supplies Guidewire InsuranceNow, a cloud-based platform that provides coverage, billing, and claims administration performance to insurers; and Guidewire InsuranceSuite for Self-Managed.
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