Guidewire Software, Inc. (NYSE:GWRE) CFO Sells $483,757.68 in Stock

Guidewire Software, Inc. (NYSE:GWRE) CFO Jeffrey Elliott Cooper sold 2,828 shares of the company’s stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $171.06, for a total transaction of $483,757.68. Following the completion of the sale, the chief financial officer now owns 74,911 shares of the company’s stock, valued at approximately $12,814,275.66. The trade was a 3.64 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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 stock was sold at an average price of $174.43, for a total transaction of $186,465.67.

Guidewire Software Stock Up 2.3 %

GWRE opened at $176.03 on Friday. The company has a 50 day moving average of $189.58 and a 200 day moving average of $164.32. The company has a current ratio of 2.66, a quick ratio of 1.55 and a debt-to-equity ratio of 0.53. Guidewire Software, Inc. has a 12 month low of $102.66 and a 12 month high of $209.15. The company has a market cap of $14.70 billion, a PE ratio of 488.97, a price-to-earnings-growth ratio of 45.60 and a beta of 1.18.

Analysts Set New Price Targets

Several equities analysts have commented on GWRE shares. BTIG Research lifted their target price on shares of Guidewire Software from $140.00 to $165.00 and gave the stock a “buy” rating in a research report on Friday, August 30th. Citigroup boosted their price objective on Guidewire Software from $123.00 to $165.00 and gave the stock a “neutral” rating in a research report on Monday, September 9th. Needham & Company LLC reaffirmed a “hold” rating on shares of Guidewire Software in a research report on Friday, December 6th. Oppenheimer boosted their price target on shares of Guidewire Software from $220.00 to $230.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. Finally, Robert W. Baird raised their price objective 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. One investment analyst has rated the stock with a sell rating, two have given a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Guidewire Software has a consensus rating of “Moderate Buy” and an average price target of $193.00.

Hedge Funds Weigh In On Guidewire Software

Hedge funds have recently made changes to their positions in the stock. American Trust lifted its holdings in Guidewire Software by 55.1% during the 3rd quarter. American Trust now owns 2,898 shares of the technology company’s stock worth $530,000 after purchasing an additional 1,029 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of Guidewire Software during the third quarter valued at about $125,000. Sanctuary Advisors LLC lifted its holdings in shares of Guidewire Software by 79.9% in the third quarter. Sanctuary Advisors LLC now owns 5,599 shares of the technology company’s stock worth $1,135,000 after buying an additional 2,487 shares in the last quarter. Virtu Financial LLC boosted its position in shares of Guidewire Software by 649.4% in the third quarter. Virtu Financial LLC now owns 14,650 shares of the technology company’s stock valued at $2,680,000 after acquiring an additional 12,695 shares during the period. Finally, Neo Ivy Capital Management purchased a new position in Guidewire Software during the third quarter valued at approximately $1,774,000.

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.