23,300 Shares in Guidewire Software, Inc. (NYSE:GWRE) Bought by Sava Infond d.o.o.

Sava Infond d.o.o. acquired a new stake in shares of Guidewire Software, Inc. (NYSE:GWRE) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 23,300 shares of the technology company’s stock, valued at approximately $3,928,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. WINTON GROUP Ltd bought a new position in shares of Guidewire Software during the fourth quarter valued at approximately $872,000. Artisan Partners Limited Partnership boosted its holdings in Guidewire Software by 26.1% during the 4th quarter. Artisan Partners Limited Partnership now owns 1,407,778 shares of the technology company’s stock valued at $237,323,000 after acquiring an additional 291,774 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in Guidewire Software by 101.0% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 197 shares of the technology company’s stock valued at $34,000 after acquiring an additional 99 shares during the last quarter. Prudential Financial Inc. increased its stake in Guidewire Software by 68.9% in the fourth quarter. Prudential Financial Inc. now owns 14,143 shares of the technology company’s stock worth $2,384,000 after purchasing an additional 5,770 shares during the period. Finally, Vanguard Group Inc. lifted its position in shares of Guidewire Software by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 8,455,534 shares of the technology company’s stock worth $1,425,434,000 after purchasing an additional 90,618 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Needham & Company LLC restated a “hold” rating on shares of Guidewire Software in a report on Friday, March 7th. Robert W. Baird upped their target price on shares of Guidewire Software from $230.00 to $236.00 and gave the stock an “outperform” rating in a research note on Friday, March 7th. Wells Fargo & Company lifted their price target on shares of Guidewire Software from $215.00 to $220.00 and gave the company an “overweight” rating in a research note on Friday, December 6th. JPMorgan Chase & Co. boosted their price target on Guidewire Software from $228.00 to $231.00 and gave the company an “overweight” rating in a report on Friday, March 7th. Finally, Royal Bank of Canada raised their price objective on Guidewire Software from $215.00 to $230.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. One analyst has rated the stock with a sell rating, two have issued a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $206.08.

Insider Activity at Guidewire Software

In other news, President John P. Mullen sold 700 shares of the business’s stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of $210.00, for a total transaction of $147,000.00. Following the sale, the president now owns 177,746 shares in the company, valued at approximately $37,326,660. The trade was a 0.39 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Michael George Rosenbaum sold 1,400 shares of the stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $195.15, for a total transaction of $273,210.00. Following the completion of the transaction, the chief executive officer now directly owns 261,393 shares of the company’s stock, valued at $51,010,843.95. The trade was a 0.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 37,180 shares of company stock valued at $7,159,763 over the last 90 days. Insiders own 0.48% of the company’s stock.

Guidewire Software Trading Down 2.4 %

GWRE opened at $193.58 on Thursday. The company has a current ratio of 2.66, a quick ratio of 2.66 and a debt-to-equity ratio of 0.53. The firm has a market cap of $16.24 billion, a price-to-earnings ratio of 537.72, a PEG ratio of 37.21 and a beta of 1.31. Guidewire Software, Inc. has a 12 month low of $107.00 and a 12 month high of $219.59. The stock has a fifty day moving average price of $198.95 and a 200-day moving average price of $188.37.

Guidewire Software (NYSE:GWRE) last announced its earnings results on Thursday, March 6th. The technology company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.44). Guidewire Software had a return on equity of 2.38% and a net margin of 2.91%. The firm had revenue of $289.48 million during the quarter, compared to the consensus estimate of $285.74 million. As a group, equities research analysts anticipate that Guidewire Software, Inc. will post 0.52 earnings per share for the current fiscal year.

Guidewire Software 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.