Key Points
- CEO Michael George Rosenbaum sold 1,400 shares on Dec. 8 at an average of $210.87 for $295,218, leaving him with 248,158 shares (≈$52.33M), a 0.56% reduction in his ownership.
- That sale is part of a pattern of repeated insider disposals — Rosenbaum has sold 1,400-share tranches in at least 11 separate transactions since Sept. 22, indicating ongoing insider selling.
- Meanwhile, Guidewire reported Q4 revenue of $332.64M (up 26.5% YoY) and EPS of $0.66 (in line with estimates); the stock opened at $200.10 (down ~5%), and analysts hold a consensus "Moderate Buy" with an average target of $272.25.
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, December 8th. The shares were sold at an average price of $210.87, for a total transaction of $295,218.00. Following the completion of the transaction, the chief executive officer owned 248,158 shares in the company, valued at approximately $52,329,077.46. This represents a 0.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Michael George Rosenbaum also recently made the following trade(s):
- On Monday, December 1st, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $213.44, for a total transaction of $298,816.00.
- On Monday, November 17th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $222.54, for a total value of $311,556.00.
- On Monday, November 10th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $218.53, for a total value of $305,942.00.
- On Monday, November 3rd, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $231.85, for a total value of $324,590.00.
- On Monday, October 27th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $255.40, for a total value of $357,560.00.
- On Monday, October 20th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $245.70, for a total value of $343,980.00.
- On Monday, October 13th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $239.71, for a total value of $335,594.00.
- On Monday, October 6th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $230.08, for a total value of $322,112.00.
- On Monday, September 29th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $232.25, for a total transaction of $325,150.00.
- On Monday, September 22nd, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $244.55, for a total transaction of $342,370.00.
Guidewire Software Stock Down 5.0%
Shares of Guidewire Software stock opened at $200.10 on Tuesday. Guidewire Software, Inc. has a one year low of $165.08 and a one year high of $272.60. The company has a market cap of $17.01 billion, a P/E ratio of 190.57, a PEG ratio of 12.94 and a beta of 1.08. The company has a debt-to-equity ratio of 0.44, a quick ratio of 3.48 and a current ratio of 3.48. The firm has a fifty day moving average of $227.61 and a two-hundred day moving average of $229.10.
Guidewire Software (NYSE:GWRE - Get Free Report) last issued its quarterly earnings results on Wednesday, December 3rd. The technology company reported $0.66 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.66. The business had revenue of $332.64 million for the quarter, compared to analyst estimates of $316.62 million. Guidewire Software had a net margin of 7.23% and a return on equity of 10.15%. The business's revenue was up 26.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.43 earnings per share. On average, analysts forecast that Guidewire Software, Inc. will post 0.52 earnings per share for the current year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the company. Allworth Financial LP boosted its position in shares of Guidewire Software by 56.0% in the 3rd quarter. Allworth Financial LP now owns 1,137 shares of the technology company's stock worth $261,000 after buying an additional 408 shares in the last quarter. IFP Advisors Inc raised its position in Guidewire Software by 4.6% during the third quarter. IFP Advisors Inc now owns 1,104 shares of the technology company's stock worth $254,000 after acquiring an additional 49 shares during the last quarter. Swiss Life Asset Management Ltd lifted its holdings in shares of Guidewire Software by 78.9% in the third quarter. Swiss Life Asset Management Ltd now owns 3,700 shares of the technology company's stock valued at $850,000 after purchasing an additional 1,632 shares in the last quarter. Cambria Investment Management L.P. acquired a new stake in shares of Guidewire Software in the third quarter valued at approximately $265,000. Finally, CIBC Private Wealth Group LLC increased its stake in shares of Guidewire Software by 5.4% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 189,033 shares of the technology company's stock worth $43,451,000 after purchasing an additional 9,747 shares in the last quarter.
Analyst Upgrades and Downgrades
GWRE has been the subject of a number of analyst reports. The Goldman Sachs Group increased their target price on Guidewire Software from $270.00 to $305.00 and gave the stock a "buy" rating in a research note on Friday, September 5th. Robert W. Baird increased their price objective on Guidewire Software from $270.00 to $288.00 and gave the stock an "outperform" rating in a research report on Friday, September 5th. Weiss Ratings restated a "hold (c)" rating on shares of Guidewire Software in a research report on Wednesday, October 8th. Citigroup upped their price target on shares of Guidewire Software from $242.00 to $245.00 and gave the stock a "neutral" rating in a research note on Friday. Finally, Wells Fargo & Company raised their price objective on shares of Guidewire Software from $265.00 to $275.00 and gave the company an "overweight" rating in a research note on Friday, September 5th. Nine research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $272.25.
Get Our Latest Stock Analysis on GWRE
About Guidewire Software
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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.
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