Claro Advisors LLC Has $234,000 Holdings in Guidewire Software, Inc. (NYSE:GWRE)

Claro Advisors LLC decreased its position in shares of Guidewire Software, Inc. (NYSE:GWRE) by 22.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,389 shares of the technology company’s stock after selling 409 shares during the quarter. Claro Advisors LLC’s holdings in Guidewire Software were worth $234,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of GWRE. Cooper Financial Group bought a new position in shares of Guidewire Software in the 4th quarter valued at $203,000. CHICAGO TRUST Co NA lifted its position in shares of Guidewire Software by 14.2% during the 4th quarter. CHICAGO TRUST Co NA now owns 3,655 shares of the technology company’s stock worth $616,000 after buying an additional 455 shares during the last quarter. Westwind Capital boosted its stake in Guidewire Software by 1.7% in the fourth quarter. Westwind Capital now owns 76,551 shares of the technology company’s stock valued at $12,905,000 after buying an additional 1,306 shares in the last quarter. Versant Capital Management Inc bought a new position in Guidewire Software in the fourth quarter valued at about $25,000. Finally, American Trust raised its stake in Guidewire Software by 55.1% during the third quarter. American Trust now owns 2,898 shares of the technology company’s stock worth $530,000 after acquiring an additional 1,029 shares in the last quarter.

Insider Transactions at Guidewire Software

In other news, CEO Michael George Rosenbaum sold 5,932 shares of Guidewire Software stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $171.06, for a total value of $1,014,727.92. Following the completion of the transaction, the chief executive officer now directly owns 281,730 shares of the company’s stock, valued at approximately $48,192,733.80. This trade represents a 2.06 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, President John P. Mullen sold 1,350 shares of the business’s stock in a transaction dated Friday, October 18th. The shares were sold at an average price of $187.68, for a total value of $253,368.00. Following the completion of the transaction, the president now directly owns 190,611 shares in the company, valued at $35,773,872.48. This represents a 0.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 29,556 shares of company stock worth $5,142,803. Company insiders own 0.48% of the company’s stock.

Guidewire Software Stock Performance

Shares of GWRE stock opened at $174.60 on Thursday. The stock has a market capitalization of $14.58 billion, a PE ratio of 485.00, a PEG ratio of 46.15 and a beta of 1.23. The business’s 50 day simple moving average is $183.96 and its 200 day simple moving average is $169.34. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.66 and a quick ratio of 1.55. Guidewire Software, Inc. has a one year low of $107.00 and a one year high of $209.15.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Oppenheimer lifted their price target on shares of Guidewire Software from $220.00 to $230.00 and gave the company an “outperform” rating in a report on Friday, December 6th. Royal Bank of Canada upped their price target on shares of Guidewire Software from $215.00 to $230.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. Robert W. Baird increased their price target on Guidewire Software from $204.00 to $220.00 and gave the company an “outperform” rating in a research note on Tuesday, November 19th. Wells Fargo & Company boosted their price objective on Guidewire Software from $215.00 to $220.00 and gave the stock an “overweight” rating in a research report on Friday, December 6th. Finally, DA Davidson reiterated a “buy” rating and issued a $210.00 target price on shares of Guidewire Software in a research report on Wednesday, December 4th. One analyst has rated the stock with a sell rating, two have given a hold rating and eleven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $193.00.

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.