Today, the Chief Admin Officer, Gen Couns of Guidewire (NYSE: GWRE), James Winston King, sold shares of GWRE for $158K.
Following James Winston King’s last GWRE Sell transaction on June 20, 2018, the stock climbed by 7.6%.
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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 $181 million and had a net profit of $26.93 million. Currently, Guidewire has an average volume of 839.6K.
Based on 5 analyst ratings, the analyst consensus is Strong Buy with an average price target of $105.00, reflecting a 3.2% upside.
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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.
