Guidewire Software Inc (GWRE) Position delineated by Principal Financial Group Inc.

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Guidewire Software logo "title =" Guidewire Software logo "clbad =" companylogo "/> Principal Financial Group Inc. narrowed its position in Guidewire Software Inc. (NYSE: GWRE) shares by 13.8% in the first quarter , according to the institutional investor held 9,269 shares of the technology company after selling 1,490 shares during the period, while Principal Financial Group Inc.'s stake in Guidewire Software was worth $ 749,000. </p> <p> Other institutional investors and hedge funds recently added or reduced their holdings in the company, Whittier Trust Co. of Nevada Inc. increased its holdings in Guidewire Software by 46.9% in the first period. Nevada Inc. now holds 2,140 shares in the technology business valued at $ 173,000 after purchasing 683 additional shares during the last quarter. a new participation in Guidewire Software during the first quarter worth $ 207,000. M & T Bank Corp. acquired a new stake in Guidewire Software during the first quarter worth $ 282,000. Linscomb & Williams Inc. acquired a new interest in Guidewire Software in the first quarter, valued at $ 308,000. Finally, Exchange Capital Management Inc. acquired a new interest in Guidewire Software during the first quarter, valued at $ 315,000. </p> <p> Guidewire Software shares posted an increase of $ 0.08 during trading hours on Friday, reaching $ 95.26. The company's stock had a trading volume of 402,627 shares, compared to its average volume of 669,036. The company has a debt ratio of 0.23, a ratio of 5.97 and a ratio of 5.97. Guidewire Software Inc. has a year low of $ 67.89 and a high year of $ 96.19. The company has a market capitalization of $ 7.47 billion, a P / E ratio of 238.15, a PEG ratio of 211.64 and a beta of 1.08. </p> <p>Guidewire Software (NYSE: GWRE) has released its quarterly results for the last time on Tuesday, June 5th. The tech company reported earnings per share (EPS) of $ 0.05 for the quarter, up $ 0.06 from Zacks' consensus estimate ($ 0.01). Guidewire Software had a negative net margin of 12.83% and a positive return on equity of 0.30%. The company achieved a turnover of $ 140.47 million for the quarter, compared to a consensus estimate of $ 137.31 million. During the same period last year, the company posted earnings per share of $ 0.16. The company 's sales figure for the quarter increased 13.8% from one year to the next. Sell-side badysts predict that Guidewire Software Inc. will post 0.06 earnings per share for the current year.</p> <p> In addition, COO Priscilla Hung sold 2,655 shares of the company in a transaction dated Wednesday, June 20. The shares were sold at an average price of $ 92.84, for a total value of $ 246,490.20. As a result of the transaction, the Chief Operating Officer now holds 7,195 shares of the Company directly, valued at approximately $ 667,983.80. The transaction has been disclosed in a legal deposit with the SEC, which is available at this link. In addition, CEO Marcus Ryu sold 12,649 shares of the company in a transaction dated Monday, July 2. The stock was sold at an average price of $ 87.68, for a total transaction of $ 1,109,064.32. Following the conclusion of the transaction, the CEO now holds 12,925 shares of the Company, valued at $ 1,133,264. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 51,369 shares valued at $ 4,565,105. Insiders own 0.69% of the shares of the company. </p> <p> A number of research companies commented on GWRE. William Blair reiterated an "outperformance" rating on Guidewire Software shares in a research note on Wednesday, June 6th. DA Davidson increased its price target on Guidewire Software shares from $ 100.00 to $ 106.00 and gave the company a "buy" rating in a research note on Thursday, June 7th. Deutsche Bank increased its price target on Guidewire Software shares from $ 95.00 to $ 100.00 and gave the company a "buy" rating in a research note on Wednesday, June 6th. Stifel Nicolaus increased its price target on Guidewire Software shares from $ 88.00 to $ 93.00 and awarded the company a "hold" rating in a research note on Wednesday, June 6th. Lastly, JPMorgan Chase & Co. increased its price target on Guidewire Software shares to $ 100.00 and awarded the company an "overweight" rating in a research note on Wednesday, June 6th. An badyst evaluated the stock with a sales note, two issued a reserve note and nine gave a note of purchase to the stock. The title currently has a consensual rating of "Buy" and a consensus price target of $ 94.11 </p> <p> <strong> Guidewire Software Company Profile </strong> </p> <p> Guidewire Software, Inc. provides products software to P & C insurers. It offers Guidewire InsuranceNow, a cloud-based platform that provides insurer policy, billing and claims management capabilities. The company's products include Guidewire InsuranceSuite including Guidewire PolicyCenter, an underwriting and policy administration application; Guidewire ClaimCenter, a life cycle management application; Guidewire BillingCenter manages billing, payment plans, agent commissions and external payment systems; and Guidewire Underwriting Management, a cloud-based subscription application. <!--ViewCount:ArticleHistoryID=21356378&PostDate=2018-7-14&type=f&id=3600641--> </p> <p> <strong> Want to see what other hedge funds hold GWRE? </strong> Visit HoldingsChannel.com to get the latest 13F deposits and insider transactions for Guidewire Software Inc. (NYSE: GWRE) </p> <p style= Quarterly Institutional Property for Guidewire Software (NYSE: GWRE) "title =" Quarterly Institutional Property for Guidewire Software (NYSE: GWRE) "/> </p> <p> <!-- end inline unit --><br /> <!-- end main text --><br /> <!-- Invalidate Article --></p> <p> <!-- End Invalidate --></p> <p><!--Begin Footer Opt-In--></p> <p style= Receive News and Notes for Guidewire Daily Software – Enter your Email Address below to receive a concise daily summary of the latest news and badyst notes for Guidewire Software and related companies with MarketBeat.com 's FREE daily newsletter.

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