1,390 Shares in Guidewire Software, Inc. (NYSE:GWRE) Purchased by Maven Securities LTD

Maven Securities LTD acquired a new stake in shares of Guidewire Software, Inc. (NYSE:GWRE) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,390 shares of the technology company’s stock, valued at approximately $234,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of GWRE. Massachusetts Financial Services Co. MA raised its stake in Guidewire Software by 29.5% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 4,436,873 shares of the technology company’s stock valued at $747,968,000 after buying an additional 1,009,966 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in shares of Guidewire Software by 79.4% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 946,158 shares of the technology company’s stock valued at $159,503,000 after purchasing an additional 418,642 shares during the last quarter. Janus Henderson Group PLC grew its holdings in shares of Guidewire Software by 242.2% during the fourth quarter. Janus Henderson Group PLC now owns 555,892 shares of the technology company’s stock valued at $93,683,000 after purchasing an additional 393,445 shares during the last quarter. Rathbones Group PLC bought a new position in shares of Guidewire Software during the fourth quarter valued at approximately $58,118,000. Finally, Balyasny Asset Management L.P. grew its holdings in shares of Guidewire Software by 877.7% during the fourth quarter. Balyasny Asset Management L.P. now owns 367,445 shares of the technology company’s stock valued at $61,944,000 after purchasing an additional 329,863 shares during the last quarter.

Insider Buying and Selling at Guidewire Software

In other news, CEO Michael George Rosenbaum sold 1,400 shares of the stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $212.42, for a total transaction of $297,388.00. Following the completion of the sale, the chief executive officer now owns 273,330 shares in the company, valued at approximately $58,060,758.60. This represents a 0.51% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, President John P. Mullen sold 2,300 shares of the stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $187.95, for a total value of $432,285.00. Following the sale, the president now owns 164,030 shares of the company’s stock, valued at $30,829,438.50. This trade represents a 1.38% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 32,371 shares of company stock valued at $6,207,005. 0.48% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Robert W. Baird upped their target price on Guidewire Software from $230.00 to $236.00 and gave the company an “outperform” rating in a report on Friday, March 7th. Needham & Company LLC reaffirmed a “hold” rating on shares of Guidewire Software in a report on Friday, March 7th. The Goldman Sachs Group upped their target price on Guidewire Software from $210.00 to $240.00 and gave the company a “buy” rating in a report on Monday, February 10th. Finally, JPMorgan Chase & Co. upped their target price on Guidewire Software from $228.00 to $231.00 and gave the company an “overweight” rating in a report on Friday, March 7th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $206.08.

Guidewire Software Stock Performance

Shares of GWRE stock opened at $213.83 on Thursday. The business has a 50 day simple moving average of $193.38 and a 200 day simple moving average of $192.19. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.66 and a quick ratio of 2.66. The firm has a market capitalization of $17.94 billion, a price-to-earnings ratio of 593.97, a price-to-earnings-growth ratio of 37.21 and a beta of 1.18. Guidewire Software, Inc. has a 12-month low of $107.65 and a 12-month high of $219.59.

Guidewire Software (NYSE:GWRE) last issued its quarterly earnings results on Thursday, March 6th. The technology company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.44). The firm had revenue of $289.48 million for the quarter, compared to the consensus estimate of $285.74 million. Guidewire Software had a net margin of 2.91% and a return on equity of 2.38%. On average, equities research analysts anticipate that Guidewire Software, Inc. will post 0.52 EPS for the current year.

Guidewire Software 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.