Cwm LLC Buys 179 Shares of Guidewire Software, Inc. (NYSE:GWRE)

Cwm LLC boosted its stake in Guidewire Software, Inc. (NYSE:GWRE) by 18.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,154 shares of the technology company’s stock after buying an additional 179 shares during the period. Cwm LLC’s holdings in Guidewire Software were worth $126,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Invesco Ltd. increased its holdings in shares of Guidewire Software by 141.4% during the third quarter. Invesco Ltd. now owns 1,842,564 shares of the technology company’s stock worth $165,831,000 after purchasing an additional 1,079,268 shares during the period. Van ECK Associates Corp raised its holdings in Guidewire Software by 16.2% in the 3rd quarter. Van ECK Associates Corp now owns 2,115,994 shares of the technology company’s stock valued at $190,440,000 after acquiring an additional 294,631 shares in the last quarter. Jacobs Levy Equity Management Inc. lifted its position in shares of Guidewire Software by 628.6% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 313,151 shares of the technology company’s stock valued at $28,184,000 after acquiring an additional 270,169 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of Guidewire Software during the 4th quarter worth $17,240,000. Finally, Schonfeld Strategic Advisors LLC increased its position in shares of Guidewire Software by 1,622.6% in the third quarter. Schonfeld Strategic Advisors LLC now owns 96,999 shares of the technology company’s stock worth $8,730,000 after purchasing an additional 91,368 shares during the period.

Guidewire Software Trading Up 0.0 %

NYSE:GWRE opened at $113.32 on Monday. Guidewire Software, Inc. has a 52 week low of $68.45 and a 52 week high of $122.35. The company has a debt-to-equity ratio of 0.32, a quick ratio of 3.45 and a current ratio of 3.45. The firm’s fifty day moving average is $114.15 and its 200-day moving average is $107.63. The firm has a market cap of $9.33 billion, a P/E ratio of -182.77 and a beta of 1.14.

Guidewire Software (NYSE:GWRE) last issued its quarterly earnings results on Thursday, March 7th. The technology company reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.22. Guidewire Software had a negative net margin of 5.48% and a negative return on equity of 3.60%. The business had revenue of $240.90 million for the quarter, compared to analysts’ expectations of $240.93 million. Equities analysts expect that Guidewire Software, Inc. will post -0.42 earnings per share for the current year.

Insider Buying and Selling

In other Guidewire Software news, insider John P. Mullen sold 1,350 shares of the business’s stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $111.35, for a total value of $150,322.50. Following the transaction, the insider now directly owns 148,047 shares of the company’s stock, valued at $16,485,033.45. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other Guidewire Software news, insider John P. Mullen sold 1,350 shares of Guidewire Software stock in a transaction on Monday, April 15th. The shares were sold at an average price of $111.35, for a total value of $150,322.50. Following the completion of the sale, the insider now directly owns 148,047 shares of the company’s stock, valued at $16,485,033.45. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider John P. Mullen sold 3,665 shares of the company’s stock in a transaction dated Tuesday, March 19th. The shares were sold at an average price of $111.75, for a total transaction of $409,563.75. Following the transaction, the insider now owns 149,397 shares in the company, valued at approximately $16,695,114.75. The disclosure for this sale can be found here. Insiders sold 9,435 shares of company stock valued at $1,053,821 over the last 90 days. Company insiders own 0.38% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on GWRE. Robert W. Baird raised their target price on shares of Guidewire Software from $131.00 to $140.00 and gave the company an “outperform” rating in a report on Thursday, March 7th. DA Davidson restated a “buy” rating and set a $126.00 price objective on shares of Guidewire Software in a research report on Tuesday, March 5th. Raymond James assumed coverage on Guidewire Software in a research note on Thursday, February 1st. They set an “outperform” rating and a $125.00 target price for the company. Finally, Oppenheimer lifted their price target on Guidewire Software from $115.00 to $130.00 and gave the company an “outperform” rating in a research note on Thursday, February 22nd. One analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $115.11.

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.