Two Sigma Securities LLC Invests $286,000 in Guidewire Software, Inc. (NYSE:GWRE)

Two Sigma Securities LLC purchased a new position in shares of Guidewire Software, Inc. (NYSE:GWRE - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 1,694 shares of the technology company's stock, valued at approximately $286,000.

Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in Guidewire Software by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 8,455,534 shares of the technology company's stock valued at $1,425,434,000 after buying an additional 90,618 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake 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 valued at $747,968,000 after buying an additional 1,009,966 shares during the last quarter. Artisan Partners Limited Partnership lifted its position in shares of 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 boosted its stake in shares of Guidewire Software by 1.0% in the 4th quarter. Geode Capital Management LLC now owns 1,342,771 shares of the technology company's stock worth $226,701,000 after buying an additional 12,697 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its holdings 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.

Guidewire Software Price Performance

Shares of GWRE traded up $5.00 during midday trading on Friday, hitting $209.61. 381,410 shares of the company traded hands, compared to its average volume of 912,289. Guidewire Software, Inc. has a one year low of $107.65 and a one year high of $219.59. The firm has a market cap of $17.58 billion, a P/E ratio of 582.25, a PEG ratio of 37.21 and a beta of 1.19. 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 stock has a 50-day moving average of $190.09 and a 200-day moving average of $190.68.

Guidewire Software (NYSE:GWRE - Get Free Report) last posted its earnings results on Thursday, March 6th. The technology company reported $0.08 earnings per share for the quarter, missing analysts' consensus estimates of $0.52 by ($0.44). Guidewire Software had a return on equity of 2.38% and a net margin of 2.91%. The firm had revenue of $289.48 million for the quarter, compared to the consensus estimate of $285.74 million. As a group, sell-side analysts predict that Guidewire Software, Inc. will post 0.52 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider James Winston King sold 1,051 shares of the business's stock in a transaction that occurred on Tuesday, March 18th. The stock was sold at an average price of $189.41, for a total value of $199,069.91. Following the completion of the sale, the insider now owns 44,613 shares in the company, valued at $8,450,148.33. The trade was a 2.30 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, President John P. Mullen sold 3,000 shares of the company's stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $208.79, for a total value of $626,370.00. Following the completion of the sale, the president now directly owns 174,746 shares of the company's stock, valued at approximately $36,485,217.34. This represents a 1.69 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 36,771 shares of company stock worth $7,134,011. Insiders own 0.48% of the company's stock.

Analysts Set New Price Targets

GWRE has been the topic of several research analyst reports. Needham & Company LLC reissued a "hold" rating on shares of Guidewire Software in a research report on Friday, March 7th. JPMorgan Chase & Co. boosted their price target on shares of Guidewire Software from $228.00 to $231.00 and gave the stock an "overweight" rating in a report on Friday, March 7th. The Goldman Sachs Group raised their price objective on shares of Guidewire Software from $210.00 to $240.00 and gave the stock a "buy" rating in a report on Monday, February 10th. Finally, Robert W. Baird boosted their target price on shares of Guidewire Software from $230.00 to $236.00 and gave the company an "outperform" rating in a research note on Friday, March 7th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat.com, Guidewire Software has a consensus rating of "Moderate Buy" and an average target price of $206.08.

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.