Guidewire Software, Inc. (NYSE:GWRE – Get Free Report) was the target of some unusual options trading on Wednesday. Stock investors acquired 1,297 call options on the stock. This represents an increase of 1,563% compared to the average volume of 78 call options.
Guidewire Software Stock Up 0.7 %
Shares of GWRE stock opened at $189.50 on Thursday. The stock has a market cap of $15.66 billion, a price-to-earnings ratio of -1,457.69, a PEG ratio of 48.42 and a beta of 1.19. The business’s fifty day moving average is $172.18 and its 200 day moving average is $145.11. Guidewire Software has a twelve month low of $86.49 and a twelve month high of $191.48.
Guidewire Software (NYSE:GWRE – Get Free Report) last released its earnings results on Thursday, September 5th. The technology company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.08. Guidewire Software had a negative return on equity of 1.29% and a negative net margin of 0.62%. The firm had revenue of $291.50 million for the quarter, compared to analysts’ expectations of $283.84 million. During the same period in the prior year, the firm posted $0.30 earnings per share. The company’s quarterly revenue was up 8.0% on a year-over-year basis. Equities research analysts expect that Guidewire Software will post 0.53 earnings per share for the current fiscal year.
Analyst Ratings Changes
View Our Latest Research Report on Guidewire Software
Insider Buying and Selling at Guidewire Software
In other Guidewire Software news, CEO Michael George Rosenbaum sold 23,379 shares of the firm’s stock in a transaction on Tuesday, September 17th. The stock was sold at an average price of $172.16, for a total transaction of $4,024,928.64. Following the transaction, the chief executive officer now directly owns 287,662 shares in the company, valued at approximately $49,523,889.92. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CFO Jeffrey Elliott Cooper sold 10,334 shares of the business’s stock in a transaction dated Tuesday, September 17th. The stock was sold at an average price of $172.16, for a total value of $1,779,101.44. Following the sale, the chief financial officer now directly owns 83,367 shares in the company, valued at approximately $14,352,462.72. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Michael George Rosenbaum sold 23,379 shares of the business’s stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of $172.16, for a total value of $4,024,928.64. Following the completion of the sale, the chief executive officer now owns 287,662 shares in the company, valued at $49,523,889.92. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 52,601 shares of company stock worth $9,050,448. Corporate insiders own 0.38% of the company’s stock.
Institutional Investors Weigh In On Guidewire Software
Several institutional investors have recently modified their holdings of the business. SG Americas Securities LLC bought a new position in Guidewire Software in the first quarter valued at about $417,000. Cetera Investment Advisers grew its position in shares of Guidewire Software by 648.0% during the first quarter. Cetera Investment Advisers now owns 18,117 shares of the technology company’s stock worth $2,114,000 after purchasing an additional 15,695 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Guidewire Software by 13.4% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 111,489 shares of the technology company’s stock worth $13,012,000 after purchasing an additional 13,163 shares in the last quarter. Sei Investments Co. grew its position in shares of Guidewire Software by 8.1% during the first quarter. Sei Investments Co. now owns 400,284 shares of the technology company’s stock worth $46,717,000 after purchasing an additional 30,161 shares in the last quarter. Finally, Acadian Asset Management LLC grew its position in shares of Guidewire Software by 91.3% during the first quarter. Acadian Asset Management LLC now owns 7,144 shares of the technology company’s stock worth $833,000 after purchasing an additional 3,409 shares in the last quarter.
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.
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