Guidewire Software, Inc. (NYSE:GWRE) CFO Sells $236,863.00 in Stock

Guidewire Software, Inc. (NYSE:GWRE) CFO Jeffrey Elliott Cooper sold 1,765 shares of the business’s stock in a transaction on Thursday, June 20th. The shares were sold at an average price of $134.20, for a total value of $236,863.00. Following the sale, the chief financial officer now owns 61,714 shares in the company, valued at $8,282,018.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Jeffrey Elliott Cooper also recently made the following trade(s):

• On Tuesday, June 18th, Jeffrey Elliott Cooper sold 3,017 shares of Guidewire Software stock. The shares were sold at an average price of $134.54, for a total value of $405,907.18.

Guidewire Software Price Performance

Shares of NYSE GWRE opened at $137.30 on Monday. The stock’s 50-day moving average is $120.19 and its 200 day moving average is $115.14. Guidewire Software, Inc. has a 1-year low of $68.45 and a 1-year high of $138.15.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of GWRE. ORG Partners LLC purchased a new position in shares of Guidewire Software in the first quarter worth about $29,000. Transcendent Capital Group LLC bought a new position in Guidewire Software during the 4th quarter worth approximately $27,000. RiverPark Advisors LLC bought a new position in Guidewire Software during the 4th quarter worth approximately $27,000. Lindbrook Capital LLC increased its stake in Guidewire Software by 45.7% in the 4th quarter. Lindbrook Capital LLC now owns 421 shares of the technology company’s stock worth $46,000 after purchasing an additional 132 shares during the period. Finally, Banque Cantonale Vaudoise lifted its position in Guidewire Software by 78.5% in the first quarter. Banque Cantonale Vaudoise now owns 498 shares of the technology company’s stock valued at $58,000 after purchasing an additional 219 shares during the last quarter.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on GWRE shares. Robert W. Baird raised their price objective on shares of Guidewire Software from $140.00 to $152.00 and gave the company an “outperform” rating in a research report on Thursday, June 6th. Wells Fargo & Company raised their price target on shares of Guidewire Software from $140.00 to $150.00 and gave the company an “overweight” rating in a report on Friday. Bank of America upped their price target on shares of Guidewire Software from $80.00 to $95.00 and gave the stock an “underperform” rating in a report on Wednesday, June 5th. Citigroup lifted their price objective on Guidewire Software from $109.00 to $122.00 and gave the company a “neutral” rating in a research note on Tuesday, June 4th. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $130.00 target price on shares of Guidewire Software in a research note on Wednesday, June 5th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat, Guidewire Software currently has a consensus rating of “Moderate Buy” and a consensus target price of $130.00.

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.