6,698 Shares in Guidewire Software, Inc. (NYSE:GWRE) Bought by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. purchased a new position in shares of Guidewire Software, Inc. (NYSE:GWRE - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 6,698 shares of the technology company's stock, valued at approximately $1,255,000.

Other institutional investors have also recently made changes to their positions in the company. Ossiam acquired a new position in shares of Guidewire Software during the 4th quarter worth approximately $29,000. MassMutual Private Wealth & Trust FSB increased its holdings in shares of Guidewire Software by 70.0% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 170 shares of the technology company's stock worth $32,000 after acquiring an additional 70 shares during the last quarter. Dunhill Financial LLC acquired a new position in shares of Guidewire Software during the 1st quarter worth approximately $33,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of Guidewire Software by 101.0% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 197 shares of the technology company's stock worth $34,000 after acquiring an additional 99 shares during the last quarter. Finally, Colonial Trust Co SC increased its holdings in shares of Guidewire Software by 176.0% during the 4th quarter. Colonial Trust Co SC now owns 287 shares of the technology company's stock worth $48,000 after acquiring an additional 183 shares during the last quarter.

Guidewire Software Price Performance

Shares of NYSE:GWRE traded down $5.69 during trading on Friday, reaching $219.44. 611,491 shares of the company traded hands, compared to its average volume of 971,643. The company's 50 day moving average is $228.37 and its two-hundred day moving average is $204.60. The firm has a market capitalization of $18.47 billion, a PE ratio of 548.60, a PEG ratio of 19.52 and a beta of 1.16. The company has a quick ratio of 3.23, a current ratio of 3.23 and a debt-to-equity ratio of 0.49. Guidewire Software, Inc. has a 52 week low of $132.01 and a 52 week high of $263.20.

Guidewire Software (NYSE:GWRE - Get Free Report) last released its earnings results on Tuesday, June 3rd. The technology company reported $0.88 earnings per share for the quarter, beating analysts' consensus estimates of $0.47 by $0.41. The firm had revenue of $293.51 million during the quarter, compared to the consensus estimate of $286.40 million. Guidewire Software had a return on equity of 6.96% and a net margin of 3.04%. The company's revenue was up 22.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.26 EPS. As a group, sell-side analysts predict that Guidewire Software, Inc. will post 0.52 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO Michael George Rosenbaum sold 1,400 shares of the company's stock in a transaction on Monday, July 7th. The stock was sold at an average price of $230.70, for a total transaction of $322,980.00. Following the completion of the sale, the chief executive officer directly owned 234,468 shares in the company, valued at $54,091,767.60. This represents a 0.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, President John P. Mullen sold 3,000 shares of the company's stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $235.05, for a total value of $705,150.00. Following the sale, the president owned 146,489 shares of the company's stock, valued at approximately $34,432,239.45. This represents a 2.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 18,860 shares of company stock worth $4,214,136 in the last ninety days. 0.48% of the stock is owned by insiders.

Analysts Set New Price Targets

GWRE has been the topic of a number of recent analyst reports. JMP Securities boosted their target price on Guidewire Software from $250.00 to $281.00 and gave the stock a "market outperform" rating in a report on Wednesday, June 4th. Oppenheimer boosted their target price on Guidewire Software from $230.00 to $275.00 and gave the stock an "outperform" rating in a report on Wednesday, June 4th. Royal Bank Of Canada reissued an "outperform" rating and set a $290.00 target price on shares of Guidewire Software in a report on Monday, June 23rd. Needham & Company LLC reissued a "hold" rating on shares of Guidewire Software in a report on Wednesday, June 4th. Finally, Wells Fargo & Company boosted their target price on Guidewire Software from $220.00 to $265.00 and gave the stock an "overweight" rating in a report on Wednesday, June 4th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $248.31.

Guidewire Software 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.