1 week Ago By ABMN Staff
Guidewire Software ( NYSE:GWRE – Free Report ) had its target price upped by Stifel Nicolaus from $140.00 to $175.00 in a report released on Friday morning, Benzinga reports.
Stifel Nicolaus currently has a buy rating on the technology company’s stock. Other equities research analysts also recently issued research reports about the stock. Citigroup increased their target price on shares of Guidewire Software from $109.
00 to $122.00 and gave the stock a neutral rating in a research report on Tuesday, June 4th. DA Davidson lifted their price objective on Guidewire Software from $142.
00 to $168.00 and gave the company a buy rating in a research report on Thursday, August 29th. Royal Bank of Canada upped their target price on Guidewire Software from $170.
00 to $180.00 and gave the stock an outperform rating in a research report on Friday. Bank of America lifted their price target on Guidewire Software from $80.
00 to $95.00 and gave the company an underperform rating in a report on Wednesday, June 5th. Finally, Robert W.
Baird increased their price objective on Guidewire Software from $152.00 to $165.00 and gave the stock an outperform rating in a report on Tuesday, September 3rd.
One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of Moderate Buy and an average price target of $158.38.
Check Out Our Latest Stock Report on GWRE Guidewire Software Stock Up 12.4 % Guidewire Software ( NYSE:GWRE – Get Free Report ) last announced its quarterly earnings data on Thursday, September 5th. The technology company reported $0.
62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.08.
Guidewire Software had a negative return on equity of 1.19% and a negative net margin of 1.11%.
The firm had revenue of $291.50 million during the quarter, compared to the consensus estimate of $283.84 million.
During the same period in the prior year, the business earned $0.30 EPS. The business’s revenue for the quarter was up 8.
0% on a year-over-year basis. On average, analysts expect that Guidewire Software will post -0.31 earnings per share for the current fiscal year.
Insider Buying and Selling In other news, insider John P. Mullen sold 1,350 shares of the firm’s stock in a transaction on Friday, July 19th. The shares were sold at an average price of $139.
12, for a total value of $187,812.00. Following the sale, the insider now owns 139,171 shares in the company, valued at $19,361,469.
52. The sale was disclosed in a filing with the SEC, which is available at this hyperlink . In related news, CFO Jeffrey Elliott Cooper sold 1,765 shares of the business’s stock in a transaction dated Thursday, June 20th.
The stock was sold at an average price of $134.20, for a total transaction of $236,863.00.
Following the transaction, the chief financial officer now directly owns 61,714 shares in the company, valued at $8,282,018.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink .
Also, insider John P. Mullen sold 1,350 shares of the firm’s stock in a transaction that occurred on Friday, July 19th. The stock was sold at an average price of $139.
12, for a total value of $187,812.00. Following the completion of the sale, the insider now owns 139,171 shares of the company’s stock, valued at approximately $19,361,469.
52. The disclosure for this sale can be found here . In the last 90 days, insiders sold 13,064 shares of company stock valued at $1,782,775.
Insiders own 0.38% of the company’s stock. Institutional Trading of Guidewire Software Institutional investors and hedge funds have recently modified their holdings of the company.
Transcendent Capital Group LLC acquired a new stake in Guidewire Software during the fourth quarter worth $27,000. ORG Partners LLC acquired a new stake in shares of Guidewire Software during the 1st quarter valued at about $29,000. Rothschild Investment LLC bought a new position in Guidewire Software during the second quarter worth about $31,000.
Lynx Investment Advisory acquired a new stake in Guidewire Software during the second quarter valued at approximately $41,000. Finally, DT Investment Partners LLC bought a new stake in shares of Guidewire Software in the 2nd quarter valued at approximately $41,000. Guidewire Software Company Profile ( Get 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. Read More 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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