Guidewire Software, Inc. (NYSE:GWRE) Stake Cut by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. decreased its holdings in shares of Guidewire Software, Inc. (NYSE:GWRE) by 25.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,582 shares of the technology company’s stock after selling 1,554 shares during the period. Landscape Capital Management L.L.C.’s holdings in Guidewire Software were worth $772,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Versant Capital Management Inc acquired a new position in shares of Guidewire Software in the 4th quarter valued at about $25,000. Cullen Frost Bankers Inc. bought a new position in Guidewire Software in the fourth quarter worth about $34,000. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in Guidewire Software by 101.0% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 197 shares of the technology company’s stock valued at $34,000 after acquiring an additional 99 shares during the period. R Squared Ltd bought a new position in shares of Guidewire Software during the fourth quarter valued at approximately $47,000. Finally, Tobam acquired a new stake in shares of Guidewire Software during the 4th quarter worth approximately $52,000.

Analyst Ratings Changes

A number of brokerages recently commented on GWRE. JPMorgan Chase & Co. upped their price objective on Guidewire Software from $228.00 to $231.00 and gave the stock an “overweight” rating in a research note on Friday, March 7th. Needham & Company LLC restated a “hold” rating on shares of Guidewire Software in a research report on Friday, March 7th. Robert W. Baird lifted their price objective on shares of Guidewire Software from $230.00 to $236.00 and gave the company an “outperform” rating in a research report on Friday, March 7th. Finally, The Goldman Sachs Group upped their target price on shares of Guidewire Software from $210.00 to $240.00 and gave the stock a “buy” rating in a research report on Monday, February 10th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $206.08.

Insider Activity at Guidewire Software

In other Guidewire Software news, CEO Michael George Rosenbaum sold 1,400 shares of the company’s stock in a transaction on Monday, March 10th. The stock was sold at an average price of $170.04, for a total value of $238,056.00. Following the transaction, the chief executive officer now owns 269,130 shares of the company’s stock, valued at approximately $45,762,865.20. This represents a 0.52 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Jeffrey Elliott Cooper sold 300 shares of the company’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $174.78, for a total value of $52,434.00. Following the sale, the chief financial officer now directly owns 73,494 shares of the company’s stock, valued at approximately $12,845,281.32. This represents a 0.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 40,880 shares of company stock valued at $7,850,222 over the last 90 days. 0.48% of the stock is currently owned by corporate insiders.

Guidewire Software Trading Down 5.3 %

Shares of NYSE:GWRE opened at $174.35 on Friday. The company has a 50 day moving average of $198.84 and a 200-day moving average of $189.19. The company has a current ratio of 2.66, a quick ratio of 2.66 and a debt-to-equity ratio of 0.53. The firm has a market cap of $14.62 billion, a P/E ratio of 484.30, a P/E/G ratio of 37.21 and a beta of 1.31. Guidewire Software, Inc. has a twelve month low of $107.00 and a twelve month high of $219.59.

Guidewire Software (NYSE:GWRE) last released 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 during the quarter, compared to analyst estimates of $285.74 million. As a group, analysts anticipate that Guidewire Software, Inc. will post 0.52 earnings per share 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.