Guidewire Software, Inc. (NYSE:GWRE) is Stockbridge Partners LLC's 3rd Largest Position

Stockbridge Partners LLC raised its position in Guidewire Software, Inc. (NYSE:GWRE - Free Report) by 8.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,678,857 shares of the technology company's stock after buying an additional 205,382 shares during the period. Guidewire Software comprises 9.6% of Stockbridge Partners LLC's investment portfolio, making the stock its 3rd biggest position. Stockbridge Partners LLC owned approximately 3.21% of Guidewire Software worth $451,602,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Vanguard Group Inc. grew its position in shares of Guidewire Software by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 8,455,534 shares of the technology company's stock valued at $1,425,434,000 after purchasing an additional 90,618 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in Guidewire Software by 29.5% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 4,436,873 shares of the technology company's stock worth $747,968,000 after buying an additional 1,009,966 shares during the last quarter. Artisan Partners Limited Partnership increased its stake in Guidewire Software by 26.1% during the 4th quarter. Artisan Partners Limited Partnership now owns 1,407,778 shares of the technology company's stock worth $237,323,000 after buying an additional 291,774 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Guidewire Software by 1.0% during the fourth quarter. Geode Capital Management LLC now owns 1,342,771 shares of the technology company's stock valued at $226,701,000 after acquiring an additional 12,697 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its position in shares of Guidewire Software by 79.4% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 946,158 shares of the technology company's stock valued at $159,503,000 after acquiring an additional 418,642 shares in the last quarter.

Insider Activity

In related news, CEO Michael George Rosenbaum sold 1,400 shares of the business's stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $203.13, for a total value of $284,382.00. Following the sale, the chief executive officer now owns 270,530 shares in the company, valued at approximately $54,952,758.90. The trade was a 0.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Michael C. Keller sold 1,848 shares of the stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $185.03, for a total value of $341,935.44. Following the transaction, the director now directly owns 12,270 shares in the company, valued at approximately $2,270,318.10. The trade was a 13.09% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 32,371 shares of company stock valued at $6,210,967. Company insiders own 0.48% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on GWRE shares. JPMorgan Chase & Co. raised their price objective on Guidewire Software from $228.00 to $231.00 and gave the company an "overweight" rating in a report on Friday, March 7th. DA Davidson downgraded shares of Guidewire Software from a "strong-buy" rating to a "hold" rating and set a $226.00 price objective for the company. in a report on Thursday. Needham & Company LLC reissued a "hold" rating on shares of Guidewire Software in a research note on Friday, March 7th. The Goldman Sachs Group upped their price target on Guidewire Software from $210.00 to $240.00 and gave the company a "buy" rating in a research report on Monday, February 10th. Finally, Robert W. Baird increased their price target on Guidewire Software from $230.00 to $236.00 and gave the company an "outperform" rating in a report on Friday, March 7th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $207.42.

Guidewire Software Trading Up 0.4%

NYSE:GWRE traded up $0.76 on Friday, reaching $208.76. The company's stock had a trading volume of 336,110 shares, compared to its average volume of 1,026,637. Guidewire Software, Inc. has a 12-month low of $107.65 and a 12-month high of $219.59. The stock has a 50 day moving average price of $197.60 and a 200 day moving average price of $193.27. The firm has a market cap of $17.51 billion, a price-to-earnings ratio of 579.85, a price-to-earnings-growth ratio of 37.21 and a beta of 1.18. The company has a quick ratio of 2.66, a current ratio of 2.66 and a debt-to-equity ratio of 0.53.

Guidewire Software (NYSE:GWRE - Get Free Report) last issued its quarterly earnings data on Thursday, March 6th. The technology company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by ($0.44). The company had revenue of $289.48 million during the quarter, compared to analysts' expectations of $285.74 million. Guidewire Software had a net margin of 2.91% and a return on equity of 2.38%. On average, equities analysts anticipate that Guidewire Software, Inc. will post 0.52 EPS for the current fiscal year.

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.