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

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

Guidewire Software Trading Up 2.3 %

Shares of GWRE stock opened at $176.03 on Friday. The company has a current ratio of 2.66, a quick ratio of 1.55 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $14.70 billion, a price-to-earnings ratio of 488.97, a price-to-earnings-growth ratio of 45.60 and a beta of 1.18. Guidewire Software, Inc. has a 12-month low of $102.66 and a 12-month high of $209.15. The stock’s 50-day moving average price is $189.77 and its 200-day moving average price is $163.86.

Hedge Funds Weigh In On Guidewire Software

Institutional investors have recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Guidewire Software by 21.1% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 345 shares of the technology company’s stock worth $63,000 after acquiring an additional 60 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in Guidewire Software by 4.0% in the second quarter. Allspring Global Investments Holdings LLC now owns 2,050 shares of the technology company’s stock worth $283,000 after purchasing an additional 79 shares during the last quarter. CIBC Asset Management Inc raised its stake in Guidewire Software by 3.7% during the third quarter. CIBC Asset Management Inc now owns 2,451 shares of the technology company’s stock valued at $448,000 after purchasing an additional 87 shares in the last quarter. Vanguard Personalized Indexing Management LLC lifted its position in Guidewire Software by 1.3% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 9,078 shares of the technology company’s stock valued at $1,252,000 after purchasing an additional 116 shares during the last quarter. Finally, Legacy Advisors LLC grew its stake in shares of Guidewire Software by 1.6% in the 2nd quarter. Legacy Advisors LLC now owns 8,329 shares of the technology company’s stock worth $1,148,000 after buying an additional 135 shares in the last quarter.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Citigroup increased their target price on shares of Guidewire Software from $123.00 to $165.00 and gave the stock a “neutral” rating in a report on Monday, September 9th. JMP Securities restated a “market outperform” rating and set a $231.00 price objective on shares of Guidewire Software in a research report on Friday, December 6th. Stifel Nicolaus upped their target price on shares of Guidewire Software from $200.00 to $220.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Oppenheimer increased their price target on Guidewire Software from $220.00 to $230.00 and gave the stock an “outperform” rating in a research note on Friday, December 6th. Finally, JPMorgan Chase & Co. boosted their price objective on Guidewire Software from $210.00 to $228.00 and gave the company an “overweight” rating in a research report on Friday, December 6th. One research analyst has rated the stock with a sell rating, two have given a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price 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.