Hantz Financial Services Inc. Has $6.10 Million Stock Holdings in Guidewire Software, Inc. $GWRE

Hantz Financial Services Inc. lessened its holdings in Guidewire Software, Inc. (NYSE:GWRE) by 17.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 30,353 shares of the technology company’s stock after selling 6,285 shares during the period. Hantz Financial Services Inc.’s holdings in Guidewire Software were worth $6,101,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of Guidewire Software by 1.3% during the third quarter. Vanguard Group Inc. now owns 9,039,377 shares of the technology company’s stock worth $2,077,791,000 after acquiring an additional 116,726 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of Guidewire Software by 18.9% during the third quarter. AQR Capital Management LLC now owns 1,271,528 shares of the technology company’s stock worth $292,146,000 after acquiring an additional 202,064 shares in the last quarter. Qube Research & Technologies Ltd raised its holdings in shares of Guidewire Software by 34.4% during the third quarter. Qube Research & Technologies Ltd now owns 982,747 shares of the technology company’s stock worth $225,894,000 after acquiring an additional 251,280 shares in the last quarter. Franklin Resources Inc. raised its holdings in shares of Guidewire Software by 9.7% during the third quarter. Franklin Resources Inc. now owns 856,487 shares of the technology company’s stock worth $196,872,000 after acquiring an additional 75,955 shares in the last quarter. Finally, Wasatch Advisors LP raised its holdings in shares of Guidewire Software by 6.7% during the third quarter. Wasatch Advisors LP now owns 784,524 shares of the technology company’s stock worth $180,331,000 after acquiring an additional 48,956 shares in the last quarter.

Insider Buying and Selling at Guidewire Software

In other Guidewire Software news, President John P. Mullen sold 6,576 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $163.86, for a total transaction of $1,077,543.36. Following the transaction, the president directly owned 135,407 shares in the company, valued at $22,187,791.02. This trade represents a 4.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Michael George Rosenbaum sold 4,737 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $163.86, for a total value of $776,204.82. Following the transaction, the chief executive officer owned 221,206 shares in the company, valued at approximately $36,246,815.16. This trade represents a 2.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 31,279 shares of company stock worth $4,857,962 over the last three months. Corporate insiders own 0.46% of the company’s stock.

Guidewire Software Price Performance

NYSE GWRE opened at $140.38 on Tuesday. Guidewire Software, Inc. has a fifty-two week low of $115.57 and a fifty-two week high of $272.60. The stock’s 50-day moving average is $141.47 and its two-hundred day moving average is $164.92. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.93 and a quick ratio of 2.93. The firm has a market cap of $11.88 billion, a P/E ratio of 63.81 and a beta of 0.91.

Guidewire Software (NYSE:GWRE) last posted its earnings results on Thursday, March 5th. The technology company reported $1.17 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.40. Guidewire Software had a return on equity of 13.44% and a net margin of 14.11%.The company had revenue of $359.10 million for the quarter, compared to analyst estimates of $342.88 million. During the same period last year, the company earned $0.51 earnings per share. The business’s revenue was up 24.0% compared to the same quarter last year. On average, analysts anticipate that Guidewire Software, Inc. will post 1.84 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently issued reports on GWRE shares. DA Davidson reiterated a “buy” rating and set a $246.00 price objective on shares of Guidewire Software in a report on Tuesday, March 10th. Wells Fargo & Company cut their price objective on Guidewire Software from $250.00 to $210.00 and set an “overweight” rating for the company in a report on Wednesday, February 4th. Zacks Research upgraded Guidewire Software from a “hold” rating to a “strong-buy” rating in a report on Friday, March 13th. Royal Bank Of Canada cut their price objective on Guidewire Software from $300.00 to $250.00 and set an “outperform” rating for the company in a report on Friday, March 6th. Finally, Stifel Nicolaus cut their price objective on Guidewire Software from $300.00 to $250.00 and set a “buy” rating for the company in a report on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $244.46.

Guidewire Software Company Profile

Guidewire Software, Inc develops software products and cloud services for property and casualty (P&C) insurance carriers. Headquartered in San Mateo, California, the company’s offerings are designed to help insurers manage the core functions of their business—policy administration, billing and claims—while supporting digital engagement, analytics and operational modernization.

Guidewire’s core product portfolio is commonly known as the InsuranceSuite, which includes PolicyCenter for policy administration, BillingCenter for billing and receivables, and ClaimCenter for claims management.