Key Points
- CEO Michael George Rosenbaum sold 1,400 shares on Dec. 29 at an average price of $204.95 for $286,930, leaving him with 237,943 shares valued at about $48.77 million (a 0.58% reduction).
- This sale is part of a series of recent insider disposals—including a 6,015-share sale on Dec. 16—indicating continued insider selling across October–December.
- Guidewire reported revenue up 26.5% for the quarter with EPS of $0.66 (in line), the stock trades near $203.68 with a market cap of ~$17.3B, and analysts have a consensus "Moderate Buy" target of $271.29.
Guidewire Software, Inc. (NYSE:GWRE - Get Free Report) CEO Michael George Rosenbaum sold 1,400 shares of the business's stock in a transaction that occurred on Monday, December 29th. The stock was sold at an average price of $204.95, for a total value of $286,930.00. Following the completion of the transaction, the chief executive officer owned 237,943 shares in the company, valued at $48,766,417.85. The trade was a 0.58% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Michael George Rosenbaum also recently made the following trade(s):
- On Monday, December 22nd, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $200.72, for a total value of $281,008.00.
- On Tuesday, December 16th, Michael George Rosenbaum sold 6,015 shares of Guidewire Software stock. The stock was sold at an average price of $192.08, for a total value of $1,155,361.20.
- On Monday, December 15th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $204.34, for a total value of $286,076.00.
- On Monday, December 8th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $210.87, for a total value of $295,218.00.
- 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 shares were sold at an average price of $222.54, for a total transaction of $311,556.00.
- On Monday, November 10th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $218.53, for a total transaction of $305,942.00.
- On Monday, November 3rd, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $231.85, for a total transaction of $324,590.00.
- On Monday, October 27th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $255.40, for a total transaction of $357,560.00.
- On Monday, October 20th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $245.70, for a total transaction of $343,980.00.
Guidewire Software Trading Down 0.9%
NYSE:GWRE opened at $203.68 on Tuesday. 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 3.48, a quick ratio of 3.48 and a debt-to-equity ratio of 0.44. The firm's 50 day moving average is $216.98 and its 200 day moving average is $225.92. The stock has a market capitalization of $17.32 billion, a PE ratio of 193.98, a price-to-earnings-growth ratio of 13.46 and a beta of 1.08.
Guidewire Software (NYSE:GWRE - Get Free Report) last released its 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 during the quarter, compared to the consensus estimate of $316.62 million. Guidewire Software had a return on equity of 10.15% and a net margin of 7.23%.The business's revenue for the quarter was up 26.5% on a year-over-year basis. During the same period last year, the business posted $0.43 earnings per share. Sell-side analysts expect that Guidewire Software, Inc. will post 0.52 earnings per share for the current year.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of GWRE. Advisors Asset Management Inc. purchased a new stake in shares of Guidewire Software in the first quarter worth $25,000. Quarry LP bought a new position in Guidewire Software in the 1st quarter worth about $28,000. Root Financial Partners LLC bought a new position in Guidewire Software in the 3rd quarter worth about $29,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Guidewire Software in the 3rd quarter valued at about $29,000. Finally, Newbridge Financial Services Group Inc. bought a new stake in shares of Guidewire Software during the 2nd quarter valued at about $30,000.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on GWRE. Royal Bank Of Canada increased their target price on shares of Guidewire Software from $290.00 to $300.00 and gave the stock an "outperform" rating in a research report on Friday, September 5th. Citizens Jmp reaffirmed a "market outperform" rating and issued a $281.00 price objective on shares of Guidewire Software in a report on Wednesday, December 10th. BTIG Research reissued a "buy" rating and set a $250.00 target price on shares of Guidewire Software in a report on Wednesday, December 17th. Citigroup raised their price target on Guidewire Software from $242.00 to $245.00 and gave the stock a "neutral" rating in a report on Friday, December 5th. Finally, Stifel Nicolaus lifted their price target on Guidewire Software from $270.00 to $300.00 and gave the company a "buy" rating in a research report on Friday, September 5th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $271.29.
Read Our Latest Report on Guidewire Software
About Guidewire Software
(
Get Free Report)
Guidewire Software, Inc develops software products and cloud services for property and casualty (P&C) insurance carriers. Headquartered in San Mateo, California, the company's offerings are designed to help insurers manage the core functions of their business—policy administration, billing and claims—while supporting digital engagement, analytics and operational modernization.
Guidewire's core product portfolio is commonly known as the InsuranceSuite, which includes PolicyCenter for policy administration, BillingCenter for billing and receivables, and ClaimCenter for claims management.
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