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

Guidewire Software, Inc. (NYSE:GWRE) CFO Jeffrey Elliott Cooper sold 1,069 shares of the firm’s stock in a transaction dated Thursday, December 19th. The stock was sold at an average price of $174.43, for a total value of $186,465.67. Following the transaction, the chief financial officer now directly owns 73,842 shares in the company, valued at approximately $12,880,260.06. The trade was a 1.43 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through 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 shares were sold at an average price of $171.06, for a total value of $483,757.68.

Guidewire Software Stock Performance

NYSE GWRE opened at $172.06 on Friday. The stock has a market capitalization of $14.37 billion, a price-to-earnings ratio of 477.94, a PEG ratio of 45.60 and a beta of 1.18. The business’s 50 day moving average is $189.77 and its two-hundred day moving average is $163.86. Guidewire Software, Inc. has a 12-month low of $102.66 and a 12-month high of $209.15. The company has a current ratio of 2.66, a quick ratio of 1.55 and a debt-to-equity ratio of 0.53.

Institutional Trading of Guidewire Software

A number of institutional investors have recently modified their holdings of GWRE. Rothschild Investment LLC acquired a new stake in Guidewire Software in the second quarter valued at $31,000. Assetmark Inc. increased its holdings in shares of Guidewire Software by 537.0% in the 3rd quarter. Assetmark Inc. now owns 172 shares of the technology company’s stock valued at $31,000 after purchasing an additional 145 shares in the last quarter. Point72 Hong Kong Ltd acquired a new stake in shares of Guidewire Software in the third quarter valued at about $33,000. Brooklyn Investment Group purchased a new stake in Guidewire Software during the third quarter worth about $42,000. Finally, Canada Pension Plan Investment Board acquired a new position in Guidewire Software during the second quarter worth about $55,000.

Analyst Ratings Changes

GWRE has been the subject of a number of research reports. BTIG Research boosted their price objective on Guidewire Software from $140.00 to $165.00 and gave the company a “buy” rating in a research note on Friday, August 30th. Citigroup upped their price target on shares of Guidewire Software from $123.00 to $165.00 and gave the company a “neutral” rating in a research report on Monday, September 9th. Royal Bank of Canada lifted their price objective on shares of Guidewire Software from $215.00 to $230.00 and gave the company an “outperform” rating in a research note on Friday, December 6th. Robert W. Baird upped their target price on shares of Guidewire Software from $204.00 to $220.00 and gave the company an “outperform” rating in a report on Tuesday, November 19th. Finally, Wells Fargo & Company raised their price target on Guidewire Software from $215.00 to $220.00 and gave the stock an “overweight” rating 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’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus 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.