Harbor Investment Advisory LLC Has $116,000 Stock Position in Guidewire Software, Inc. (NYSE:GWRE)

Harbor Investment Advisory LLC decreased its position in Guidewire Software, Inc. (NYSE:GWRE) by 23.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 687 shares of the technology company’s stock after selling 209 shares during the period. Harbor Investment Advisory LLC’s holdings in Guidewire Software were worth $116,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Hanseatic Management Services Inc. grew its holdings in shares of Guidewire Software by 12.1% in the 4th quarter. Hanseatic Management Services Inc. now owns 539 shares of the technology company’s stock valued at $91,000 after buying an additional 58 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its position in Guidewire Software by 21.1% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 345 shares of the technology company’s stock valued at $63,000 after acquiring an additional 60 shares in the last quarter. CIBC Asset Management Inc lifted its position in Guidewire Software by 3.7% in the 3rd quarter. CIBC Asset Management Inc now owns 2,451 shares of the technology company’s stock valued at $448,000 after acquiring an additional 87 shares in the last quarter. Signaturefd LLC lifted its position in Guidewire Software by 2.4% in the 3rd quarter. Signaturefd LLC now owns 6,051 shares of the technology company’s stock valued at $1,107,000 after acquiring an additional 139 shares in the last quarter. Finally, Assetmark Inc. lifted its position in 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 acquiring an additional 145 shares in the last quarter.

Analysts Set New Price Targets

Several equities research analysts recently commented on GWRE shares. DA Davidson reaffirmed a “buy” rating and issued a $210.00 price objective on shares of Guidewire Software in a research report on Wednesday, December 4th. Wells Fargo & Company boosted their price objective on shares of Guidewire Software from $215.00 to $220.00 and gave the company an “overweight” rating in a research report on Friday, December 6th. Stifel Nicolaus boosted their price objective on shares of Guidewire Software from $200.00 to $220.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. JPMorgan Chase & Co. boosted their price objective on shares of Guidewire Software from $210.00 to $228.00 and gave the company an “overweight” rating in a research report on Friday, December 6th. Finally, JMP Securities reissued a “market outperform” rating and set a $231.00 price target on shares of Guidewire Software in a research report on Friday, December 6th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $193.00.

Guidewire Software Trading Up 1.1 %

Shares of NYSE:GWRE opened at $183.44 on Thursday. Guidewire Software, Inc. has a 52-week low of $107.00 and a 52-week high of $209.15. The company has a market capitalization of $15.32 billion, a P/E ratio of 509.55, a price-to-earnings-growth ratio of 46.43 and a beta of 1.23. The company has a 50-day simple moving average of $182.12 and a 200 day simple moving average of $170.82. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.66 and a current ratio of 2.66.

Insider Activity at Guidewire Software

In other Guidewire Software news, CEO Michael George Rosenbaum sold 5,932 shares of the stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $171.06, for a total value of $1,014,727.92. Following the transaction, the chief executive officer now directly owns 281,730 shares of the company’s stock, valued at $48,192,733.80. This represents a 2.06 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President John P. Mullen sold 1,350 shares of the stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $197.72, for a total transaction of $266,922.00. Following the completion of the transaction, the president now directly owns 189,261 shares in the company, valued at approximately $37,420,684.92. This represents a 0.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 29,606 shares of company stock worth $5,141,309. Insiders own 0.48% of the company’s stock.

About Guidewire Software

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.