Guidewire Software, Inc. (NYSE:GWRE – Get Free Report) CEO Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock in a transaction on Monday, September 29th. The stock was sold at an average price of $232.25, for a total value of $325,150.00. Following the transaction, the chief executive officer owned 262,158 shares in the company, valued at approximately $60,886,195.50. This represents a 0.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Michael George Rosenbaum also recently made the following trade(s):
- On Monday, September 22nd, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $244.55, for a total transaction of $342,370.00.
- On Tuesday, September 16th, Michael George Rosenbaum sold 30,317 shares of Guidewire Software stock. The shares were sold at an average price of $242.87, for a total transaction of $7,363,089.79.
- On Monday, September 15th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $252.83, for a total transaction of $353,962.00.
- On Monday, September 8th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $261.28, for a total transaction of $365,792.00.
- On Tuesday, September 2nd, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $214.30, for a total transaction of $300,020.00.
- On Monday, August 25th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $214.70, for a total value of $300,580.00.
- On Monday, August 18th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $211.61, for a total value of $296,254.00.
- On Monday, August 11th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $212.44, for a total value of $297,416.00.
- On Monday, August 4th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $225.04, for a total value of $315,056.00.
- On Monday, July 28th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $223.75, for a total value of $313,250.00.
Guidewire Software Stock Up 0.4%
Shares of GWRE opened at $231.30 on Tuesday. The company’s 50-day moving average price is $227.78 and its 200 day moving average price is $218.35. Guidewire Software, Inc. has a 12-month low of $165.08 and a 12-month high of $272.60. The company has a current ratio of 2.77, a quick ratio of 2.77 and a debt-to-equity ratio of 0.46. The firm has a market cap of $19.55 billion, a P/E ratio of 289.12 and a beta of 1.22.
Institutional Trading of Guidewire Software
Institutional investors have recently bought and sold shares of the business. Portside Wealth Group LLC raised its position in shares of Guidewire Software by 148.1% during the 1st quarter. Portside Wealth Group LLC now owns 2,724 shares of the technology company’s stock worth $510,000 after acquiring an additional 1,626 shares in the last quarter. Empower Advisory Group LLC acquired a new stake in Guidewire Software during the first quarter worth approximately $692,000. Praxis Investment Management Inc. purchased a new stake in shares of Guidewire Software during the 1st quarter worth approximately $347,000. Principal Financial Group Inc. boosted its holdings in shares of Guidewire Software by 3,320.4% in the 1st quarter. Principal Financial Group Inc. now owns 192,843 shares of the technology company’s stock valued at $36,131,000 after buying an additional 187,205 shares in the last quarter. Finally, OMNI 360 Wealth Inc. purchased a new position in shares of Guidewire Software in the 1st quarter valued at $211,000.
Analyst Ratings Changes
A number of equities analysts recently commented on the company. Needham & Company LLC restated a “hold” rating on shares of Guidewire Software in a report on Wednesday, June 4th. Royal Bank Of Canada boosted their price target on shares of Guidewire Software from $290.00 to $300.00 and gave the stock an “outperform” rating in a research note on Friday, September 5th. Wells Fargo & Company upped their price objective on Guidewire Software from $265.00 to $275.00 and gave the stock an “overweight” rating in a research report on Friday, September 5th. Bank of America lifted their target price on Guidewire Software from $135.00 to $160.00 and gave the company an “underperform” rating in a report on Wednesday, June 4th. Finally, Oppenheimer upped their price target on Guidewire Software from $275.00 to $300.00 and gave the stock an “outperform” rating in a report on Friday, September 5th. Nine investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Guidewire Software presently has a consensus rating of “Moderate Buy” and a consensus target price of $274.08.
Read Our Latest Research Report on Guidewire Software
About Guidewire Software
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.
Featured Stories
- Five stocks we like better than Guidewire Software
- The How And Why of Investing in Oil Stocks
- Tesla Earnings Loom: Bulls Eye $600, Bears Warn of $300
- How to Start Investing in Real Estate
- Cathie Wood Buys Alibaba and Baidu: Momentum or More Value Ahead?
- Dividend Capture Strategy: What You Need to Know
- This ETF Weeds Out Small-Cap Underperformers
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.