Sanctuary Advisors LLC Sells 1,256 Shares of Guidewire Software, Inc. (NYSE:GWRE)

Sanctuary Advisors LLC lessened its stake in Guidewire Software, Inc. (NYSE:GWRE) by 22.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,343 shares of the technology company’s stock after selling 1,256 shares during the quarter. Sanctuary Advisors LLC’s holdings in Guidewire Software were worth $732,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Versant Capital Management Inc bought a new position in shares of Guidewire Software in the fourth quarter valued at approximately $25,000. Assetmark Inc. increased its position in shares of Guidewire Software by 537.0% during the third quarter. Assetmark Inc. now owns 172 shares of the technology company’s stock valued at $31,000 after acquiring an additional 145 shares during the last quarter. Point72 Hong Kong Ltd purchased a new stake in shares of Guidewire Software during the third quarter valued at approximately $33,000. Brooklyn Investment Group purchased a new stake in shares of Guidewire Software during the third quarter valued at approximately $42,000. Finally, R Squared Ltd purchased a new stake in shares of Guidewire Software during the fourth quarter valued at approximately $47,000.

Insider Transactions at Guidewire Software

In related news, President John P. Mullen sold 3,000 shares of the business’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $208.79, for a total transaction of $626,370.00. Following the completion of the transaction, the president now directly owns 174,746 shares in the company, valued at $36,485,217.34. The trade was a 1.69 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Michael George Rosenbaum sold 1,400 shares of the business’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $203.65, for a total value of $285,110.00. Following the transaction, the chief executive officer now owns 271,930 shares of the company’s stock, valued at approximately $55,378,544.50. The trade was a 0.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 38,956 shares of company stock valued at $7,105,255 over the last three months. Company insiders own 0.48% of the company’s stock.

Guidewire Software Price Performance

Guidewire Software stock opened at $201.16 on Friday. Guidewire Software, Inc. has a one year low of $107.00 and a one year high of $219.59. The business has a fifty day moving average price of $192.56 and a 200-day moving average price of $182.71. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.66 and a quick ratio of 2.66. The firm has a market capitalization of $16.80 billion, a P/E ratio of 558.78, a PEG ratio of 37.21 and a beta of 1.25.

Analyst Ratings Changes

A number of analysts recently commented on GWRE shares. JPMorgan Chase & Co. increased their price target on Guidewire Software from $210.00 to $228.00 and gave the company an “overweight” rating in a research report on Friday, December 6th. Wells Fargo & Company increased their price target on Guidewire Software from $215.00 to $220.00 and gave the company an “overweight” rating in a research report on Friday, December 6th. JMP Securities reaffirmed a “market outperform” rating and set a $231.00 price target on shares of Guidewire Software in a research report on Friday, December 6th. Robert W. Baird raised their target price on Guidewire Software from $204.00 to $220.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 19th. Finally, Oppenheimer raised their target price on Guidewire Software from $220.00 to $230.00 and gave the stock an “outperform” rating in a research report on Friday, December 6th. One research 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, the company currently has an average rating of “Moderate Buy” and a consensus target price of $204.50.

Guidewire Software Company 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.