6 hours Ago By ABMN Staff
Marshall Wace LLP lowered its holdings in shares of Guidewire Software, Inc. ( NYSE:GWRE – Free Report ) by 88.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).
The institutional investor owned 6,705 shares of the technology company’s stock after selling 53,892 shares during the period. Marshall Wace LLP’s holdings in Guidewire Software were worth $1,130,000 as of its most recent SEC filing. Several other hedge funds have also recently added to or reduced their stakes in GWRE.
Versant Capital Management Inc bought a new stake in Guidewire Software during the 4th quarter valued at $25,000. Cullen Frost Bankers Inc. bought a new stake in Guidewire Software during the 4th quarter valued at $34,000.
Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in Guidewire Software by 101.
0% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd.
now owns 197 shares of the technology company’s stock valued at $34,000 after acquiring an additional 99 shares in the last quarter. R Squared Ltd bought a new stake in Guidewire Software during the 4th quarter valued at $47,000. Finally, Tobam bought a new stake in Guidewire Software during the 4th quarter valued at $52,000.
Insider Transactions at Guidewire Software In related news, CEO Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $208.42, for a total value of $291,788.
00. Following the completion of the sale, the chief executive officer now owns 276,130 shares of the company’s stock, valued at approximately $57,551,014.60.
The trade was a 0.50 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link .
Also, Director Michael C. Keller sold 1,848 shares of the stock in a transaction on Monday, March 17th. The stock was sold at an average price of $185.
03, for a total transaction of $341,935.44. Following the transaction, the director now directly owns 12,270 shares in the company, valued at $2,270,318.
10. The trade was a 13.09 % decrease in their ownership of the stock.
The disclosure for this sale can be found here . Insiders sold 35,371 shares of company stock valued at $6,856,503 over the last three months. 0.
48% of the stock is owned by corporate insiders. Guidewire Software Stock Performance Guidewire Software ( NYSE:GWRE – Get Free Report ) last posted 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 company had revenue of $289.48 million during the quarter, compared to analysts’ expectations of $285.74 million.
Guidewire Software had a return on equity of 2.38% and a net margin of 2.91%.
On average, equities research analysts expect that Guidewire Software, Inc. will post 0.52 earnings per share for the current year.
Analyst Ratings Changes A number of research firms have recently commented on GWRE. JPMorgan Chase & Co. boosted their price objective on Guidewire Software from $228.
00 to $231.00 and gave the stock an “overweight” rating in a research note on Friday, March 7th. The Goldman Sachs Group boosted their price objective on Guidewire Software from $210.
00 to $240.00 and gave the stock a “buy” rating in a research note on Monday, February 10th. Robert W.
Baird boosted their price objective on Guidewire Software from $230.00 to $236.00 and gave the stock an “outperform” rating in a research note on Friday, March 7th.
Finally, Needham & Company LLC reissued a “hold” rating on shares of Guidewire Software in a research note on Friday, March 7th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.
com, Guidewire Software currently has a consensus rating of “Moderate Buy” and a consensus target price of $206.08. Get Our Latest Research Report on GWRE Guidewire Software Profile ( Free Report ) 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 Want to see what other hedge funds are holding GWRE? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Guidewire Software, Inc. ( NYSE:GWRE – Free Report ). 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.
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