Guidewire Software, Inc. (NYSE:GWRE) CFO Jeffrey Elliott Cooper Sells 1,069 Shares

Guidewire Software, Inc. (NYSE:GWRE) CFO Jeffrey Elliott Cooper sold 1,069 shares of Guidewire Software stock in a transaction that occurred on Thursday, December 19th. The stock was sold at an average price of $174.43, for a total value of $186,465.67. Following the completion of the transaction, the chief financial officer now owns 73,842 shares of the company’s stock, valued at approximately $12,880,260.06. This trade represents a 1.43 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link.

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

• On Tuesday, December 17th, Jeffrey Elliott Cooper sold 2,828 shares of Guidewire Software stock. The stock was sold at an average price of $171.06, for a total value of $483,757.68.

Guidewire Software Stock Performance

Shares of NYSE:GWRE opened at $176.03 on Friday. The company has a quick ratio of 1.55, a current ratio of 2.66 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $14.70 billion, a price-to-earnings ratio of 488.97, a price-to-earnings-growth ratio of 45.60 and a beta of 1.18. The firm has a 50 day moving average of $189.77 and a 200 day moving average of $163.86. Guidewire Software, Inc. has a 52 week low of $102.66 and a 52 week high of $209.15.

Institutional Investors Weigh In On Guidewire Software

Hedge funds have recently made changes to their positions in the stock. Rothschild Investment LLC bought a new position in Guidewire Software in the second quarter worth about $31,000. Assetmark Inc. raised its stake in shares of Guidewire Software by 537.0% during the 3rd quarter. Assetmark Inc. now owns 172 shares of the technology company’s stock worth $31,000 after acquiring an additional 145 shares in the last quarter. Point72 Hong Kong Ltd bought a new position in shares of Guidewire Software during the 3rd quarter worth approximately $33,000. Brooklyn Investment Group purchased a new stake in Guidewire Software during the third quarter valued at approximately $42,000. Finally, Canada Pension Plan Investment Board acquired a new stake in Guidewire Software in the second quarter valued at approximately $55,000.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on GWRE shares. Needham & Company LLC reissued a “hold” rating on shares of Guidewire Software in a research note on Friday, December 6th. Citigroup increased their price objective on shares of Guidewire Software from $123.00 to $165.00 and gave the stock a “neutral” rating in a research report on Monday, September 9th. BTIG Research boosted their target price on Guidewire Software from $140.00 to $165.00 and gave the company a “buy” rating in a research report on Friday, August 30th. Robert W. Baird increased their price target on Guidewire Software from $204.00 to $220.00 and gave the stock an “outperform” rating in a report on Tuesday, November 19th. Finally, JMP Securities restated a “market outperform” rating and set a $231.00 price objective on shares of Guidewire Software in a report on Friday, December 6th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, Guidewire Software has a consensus rating of “Moderate Buy” and an average price target of $193.00.

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.