Today it was reported that a Director at Guidewire (GWRE), Craig Conway, exercised options to buy 1,019 GWRE shares at $45.80 a share, for a total transaction value of $46.67K.
Following Craig Conway’s last GWRE Buy transaction on August 16, 2017, the stock climbed by 21.8%. Following this transaction Craig Conway’s holding in the company was increased by 12.44% to a total of $856.3K.
See today’s analyst top recommended stocks >>
Based on Guidewire’s latest earnings report for the quarter ending July 31, the company posted quarterly revenue of $249 million and quarterly net profit of $83.43 million. In comparison, last year the company earned revenue of $108 million and had a GAAP net loss of $8.91 million. Currently, Guidewire has an average volume of 931.1K.
Based on 8 analyst ratings, the analyst consensus is Strong Buy with an average price target of $110.57, reflecting a 19.3% upside. Seven different firms, including Piper Jaffray and J.P. Morgan, currently also have a Buy rating on the stock.
The insider sentiment on Guidewire has been negative according to 122 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Guidewire Software, Inc. engages in the provision of software products for property and casualty insurers. Its products include InsuranceSuite, PolicyCenter, ClaimCenter, Add-on Modules, Underwriting Management, DataHub, InfoCenter, GuidewireLive, Predictive Analytics, Digital Portals, and InsuranceNow.
