Jeffrey Elliott Cooper Sells 2,664 Shares of Guidewire Software, Inc. (NYSE:GWRE) Stock

Guidewire Software, Inc. (NYSE:GWRE) CFO Jeffrey Elliott Cooper sold 2,664 shares of the company’s stock in a transaction on Friday, September 17th. The shares were sold at an average price of $118.51, for a total transaction of $315,710.64. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Jeffrey Elliott Cooper also recently made the following trade(s):

  • On Monday, September 20th, Jeffrey Elliott Cooper sold 1,349 shares of Guidewire Software stock. The shares were sold at an average price of $116.21, for a total transaction of $156,767.29.

Shares of GWRE opened at $117.51 on Thursday. Guidewire Software, Inc. has a twelve month low of $91.76 and a twelve month high of $134.21. The company has a market cap of $9.77 billion, a P/E ratio of -148.74 and a beta of 1.32. The company has a current ratio of 6.10, a quick ratio of 6.10 and a debt-to-equity ratio of 0.22. The company’s fifty day simple moving average is $115.83 and its 200-day simple moving average is $108.42.

Guidewire Software (NYSE:GWRE) last posted its quarterly earnings results on Wednesday, September 1st. The technology company reported $0.37 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.08) by $0.45. The firm had revenue of $229.40 million for the quarter, compared to analysts’ expectations of $222.43 million. Guidewire Software had a negative net margin of 8.95% and a negative return on equity of 3.25%. The business’s revenue for the quarter was down 5.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.83 earnings per share. Analysts predict that Guidewire Software, Inc. will post -1.59 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Oppenheimer & Co. Inc. grew its holdings in shares of Guidewire Software by 4.7% in the second quarter. Oppenheimer & Co. Inc. now owns 2,368 shares of the technology company’s stock worth $267,000 after purchasing an additional 107 shares during the last quarter. First Horizon Corp grew its holdings in shares of Guidewire Software by 8.3% in the first quarter. First Horizon Corp now owns 1,509 shares of the technology company’s stock worth $153,000 after purchasing an additional 116 shares during the last quarter. Stephens Inc. AR grew its holdings in shares of Guidewire Software by 11.0% in the first quarter. Stephens Inc. AR now owns 1,550 shares of the technology company’s stock worth $158,000 after purchasing an additional 153 shares during the last quarter. FinTrust Capital Advisors LLC grew its holdings in shares of Guidewire Software by 30.0% in the second quarter. FinTrust Capital Advisors LLC now owns 693 shares of the technology company’s stock worth $78,000 after purchasing an additional 160 shares during the last quarter. Finally, Marks Group Wealth Management Inc grew its holdings in shares of Guidewire Software by 8.2% in the second quarter. Marks Group Wealth Management Inc now owns 2,196 shares of the technology company’s stock worth $248,000 after purchasing an additional 166 shares during the last quarter.

A number of equities research analysts recently issued reports on the stock. Robert W. Baird reaffirmed a “hold” rating on shares of Guidewire Software in a research note on Sunday, September 5th. BTIG Research upped their price target on shares of Guidewire Software from $130.00 to $138.00 and gave the company a “buy” rating in a research note on Friday, September 3rd. JPMorgan Chase & Co. increased their target price on shares of Guidewire Software from $145.00 to $160.00 and gave the company an “overweight” rating in a research note on Friday, September 3rd. TheStreet raised shares of Guidewire Software from a “d” rating to a “c-” rating in a research note on Tuesday, June 22nd. Finally, Needham & Company LLC reissued a “hold” rating on shares of Guidewire Software in a research note on Friday, September 3rd. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Guidewire Software has a consensus rating of “Hold” and a consensus target price of $132.40.

Guidewire Software Company Profile

Guidewire Software, Inc engages in the provision of technology platform, which composes of software, services, and a partner ecosystem, for the global Property and Casualty insurance industry. Its products include InsuranceSuite, PolicyCenter, ClaimCenter, BillingCenter, InsuranceNow, Analytics, Ecosystem, Guidewire for salesforce, and Guidewire Cloud.

Read More: How is net asset value different from market price?

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

Receive News & Ratings for Guidewire Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Guidewire Software and related companies with MarketBeat.com's FREE daily email newsletter.