International Assets Investment Management LLC Purchases Shares of 158,108 Guidewire Software, Inc. (NYSE:GWRE)

International Assets Investment Management LLC bought a new stake in shares of Guidewire Software, Inc. (NYSE:GWRE - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 158,108 shares of the technology company's stock, valued at approximately $17,240,000. International Assets Investment Management LLC owned 0.19% of Guidewire Software as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the company. Bleakley Financial Group LLC acquired a new position in shares of Guidewire Software in the fourth quarter worth $243,000. Trust Point Inc. acquired a new position in shares of Guidewire Software in the fourth quarter worth $495,000. Regatta Capital Group LLC increased its stake in shares of Guidewire Software by 5.8% in the fourth quarter. Regatta Capital Group LLC now owns 4,035 shares of the technology company's stock worth $440,000 after acquiring an additional 222 shares during the last quarter. Mutual Advisors LLC acquired a new position in shares of Guidewire Software in the fourth quarter worth $210,000. Finally, Yarbrough Capital LLC increased its stake in shares of Guidewire Software by 56.3% in the fourth quarter. Yarbrough Capital LLC now owns 7,519 shares of the technology company's stock worth $820,000 after acquiring an additional 2,709 shares during the last quarter.

Insider Buying and Selling

In other news, insider John P. Mullen sold 1,350 shares of the company's stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $111.35, for a total value of $150,322.50. Following the sale, the insider now directly owns 148,047 shares in the company, valued at approximately $16,485,033.45. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In other news, insider John P. Mullen sold 1,350 shares of the business's stock in a transaction on Monday, April 15th. The shares were sold at an average price of $111.35, for a total value of $150,322.50. Following the sale, the insider now owns 148,047 shares in the company, valued at approximately $16,485,033.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider John P. Mullen sold 3,665 shares of the stock in a transaction dated Tuesday, March 19th. The stock was sold at an average price of $111.75, for a total transaction of $409,563.75. Following the sale, the insider now owns 149,397 shares of the company's stock, valued at approximately $16,695,114.75. The disclosure for this sale can be found here. Insiders have sold a total of 9,435 shares of company stock valued at $1,053,821 over the last three months. 0.38% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on GWRE shares. DA Davidson reaffirmed a "buy" rating and issued a $126.00 price target on shares of Guidewire Software in a research note on Tuesday, March 5th. Robert W. Baird upped their price objective on shares of Guidewire Software from $131.00 to $140.00 and gave the stock an "outperform" rating in a report on Thursday, March 7th. Raymond James began coverage on shares of Guidewire Software in a report on Thursday, February 1st. They issued an "outperform" rating and a $125.00 price objective for the company. Finally, Oppenheimer upped their price objective on shares of Guidewire Software from $115.00 to $130.00 and gave the stock an "outperform" rating in a report on Thursday, February 22nd. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $115.11.

Guidewire Software Stock Performance

GWRE stock traded up $0.03 during trading on Friday, reaching $113.32. 237,595 shares of the stock were exchanged, compared to its average volume of 439,077. Guidewire Software, Inc. has a twelve month low of $68.45 and a twelve month high of $122.35. The company has a market capitalization of $9.33 billion, a P/E ratio of -182.77 and a beta of 1.14. The stock has a 50 day simple moving average of $114.15 and a 200-day simple moving average of $107.63. The company has a current ratio of 3.45, a quick ratio of 3.45 and a debt-to-equity ratio of 0.32.

Guidewire Software (NYSE:GWRE - Get Free Report) last released its earnings results on Thursday, March 7th. The technology company reported $0.04 earnings per share for the quarter, topping analysts' consensus estimates of ($0.18) by $0.22. Guidewire Software had a negative return on equity of 3.60% and a negative net margin of 5.48%. The business had revenue of $240.90 million for the quarter, compared to the consensus estimate of $240.93 million. As a group, sell-side analysts anticipate that Guidewire Software, Inc. will post -0.42 earnings per share for the current year.

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.