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Guidewire Software program, Inc. (NYSE:GWRE) Given Common Ranking of “Maintain” by Brokerages

Shares of Guidewire Software program, Inc. (NYSE:GWRE – Get Ranking) have been given a mean suggestion of “Maintain” by the 13 analysis companies which can be protecting the inventory, Marketbeat.com stories. Three analysts have rated the inventory with a promote score, three have given a maintain score and two have assigned a purchase score to the corporate. The typical 1-year value goal amongst brokers which have up to date their protection on the inventory within the final yr is $94.56.

A number of fairness analysts have commented on the inventory. Stifel Nicolaus lowered their goal value on shares of Guidewire Software program from $100.00 to $85.00 in a analysis report on Wednesday, June eighth. JMP Securities lowered their goal value on shares of Guidewire Software program from $110.00 to $95.00 and set a “market outperform” score on the inventory in a analysis report on Wednesday, September seventh. Robert W. Baird lowered their goal value on shares of Guidewire Software program from $99.00 to $81.00 and set a “impartial” score on the inventory in a analysis report on Thursday, September eighth. Royal Financial institution of Canada lowered their goal value on shares of Guidewire Software program from $125.00 to $100.00 in a analysis report on Wednesday, September seventh. Lastly, StockNews.com downgraded shares of Guidewire Software program from a “maintain” score to a “promote” score in a analysis report on Saturday, June 18th.

Insider Exercise at Guidewire Software program

In associated information, CFO Jeffrey Elliott Cooper offered 2,904 shares of the inventory in a transaction dated Monday, September nineteenth. The shares have been offered at a mean value of $62.82, for a complete worth of $182,429.28. Following the completion of the sale, the chief monetary officer now owns 70,528 shares within the firm, valued at $4,430,568.96. The transaction was disclosed in a submitting with the SEC, which will be accessed by way of this hyperlink. In different Guidewire Software program information, insider James Winston King offered 3,110 shares of the agency’s inventory in a transaction dated Monday, September nineteenth. The shares have been offered at a mean value of $62.82, for a complete transaction of $195,370.20. Following the completion of the transaction, the insider now owns 43,907 shares within the firm, valued at $2,758,237.74. The sale was disclosed in a submitting with the SEC, which will be accessed by way of the SEC web site. Additionally, CFO Jeffrey Elliott Cooper offered 2,904 shares of the agency’s inventory in a transaction dated Monday, September nineteenth. The inventory was offered at a mean value of $62.82, for a complete transaction of $182,429.28. Following the transaction, the chief monetary officer now owns 70,528 shares of the corporate’s inventory, valued at roughly $4,430,568.96. The disclosure for this sale will be discovered right here. Over the past 90 days, insiders offered 41,202 shares of firm inventory value $2,588,310. Firm insiders personal 0.17% of the corporate’s inventory.

Institutional Inflows and Outflows

A variety of hedge funds and different institutional traders have not too long ago added to or diminished their stakes within the enterprise. Captrust Monetary Advisors grew its holdings in Guidewire Software program by 26.7% through the 2nd quarter. Captrust Monetary Advisors now owns 6,550 shares of the know-how firm’s inventory value $465,000 after buying a further 1,381 shares through the interval. SRS Capital Advisors Inc. grew its holdings in shares of Guidewire Software program by 91.2% within the 2nd quarter. SRS Capital Advisors Inc. now owns 2,334 shares of the know-how firm’s inventory valued at $166,000 after shopping for a further 1,113 shares through the interval. Authorized & Common Group Plc grew its holdings in shares of Guidewire Software program by 10.7% within the 2nd quarter. Authorized & Common Group Plc now owns 291,146 shares of the know-how firm’s inventory valued at $20,669,000 after shopping for a further 28,189 shares through the interval. ExodusPoint Capital Administration LP acquired a brand new place in shares of Guidewire Software program within the 2nd quarter valued at $1,636,000. Lastly, Walleye Capital LLC acquired a brand new place in shares of Guidewire Software program within the 2nd quarter valued at $342,000. Institutional traders personal 99.36% of the corporate’s inventory.

Guidewire Software program Buying and selling Down 2.3%

Guidewire Software program inventory opened at $59.47 on Friday. The corporate’s fifty-day easy transferring common is $73.29 and its 200-day easy transferring common is $79.49. The corporate has a fast ratio of 4.45, a present ratio of 4.45 and a debt-to-equity ratio of 0.24. Guidewire Software program has a 12 month low of $59.43 and a 12 month excessive of $128.98. The inventory has a market cap of $4.98 billion, a P/E ratio of -27.41 and a beta of 1.31.

Guidewire Software program (NYSE:GWRE – Get Ranking) final posted its quarterly earnings outcomes on Tuesday, September sixth. The know-how firm reported $0.03 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.04. Guidewire Software program had a unfavorable web margin of twenty-two.20% and a unfavorable return on fairness of 10.02%. The enterprise had income of $244.60 million for the quarter, in comparison with analysts’ expectations of $229.63 million. Throughout the identical interval within the earlier yr, the corporate posted $0.06 EPS. Guidewire Software program’s income was up 6.6% on a year-over-year foundation. As a bunch, sell-side analysts forecast that Guidewire Software program will publish -1.59 EPS for the present fiscal yr.

About Guidewire Software program

(GetRating)

Guidewire Software program, Inc gives software program merchandise for property and casualty insurers worldwide. The corporate affords Guidewire InsuranceSuite comprising Guidewire PolicyCenter, BillingCenter, and ClaimCenter functions. It additionally gives Guidewire InsuranceNow, a cloud-based platform that provides coverage, billing, and claims administration performance to insurers; and Guidewire Insurance coverage Suite for Self-Managed.

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Analyst Recommendations for Guidewire Software (NYSE:GWRE)

This prompt information alert was generated by narrative science know-how and monetary knowledge from MarketBeat as a way to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial workforce previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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