Savant Capital LLC Increases Stake in Guidewire Software, Inc. (NYSE:GWRE)

Savant Capital LLC boosted its stake in Guidewire Software, Inc. (NYSE:GWRE) by 1.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 15,004 shares of the technology company’s stock after purchasing an additional 225 shares during the quarter. Savant Capital LLC’s holdings in Guidewire Software were worth $2,529,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of GWRE. Atomi Financial Group Inc. increased its position in Guidewire Software by 22.2% during the 4th quarter. Atomi Financial Group Inc. now owns 2,688 shares of the technology company’s stock worth $453,000 after purchasing an additional 488 shares in the last quarter. Donoghue Forlines LLC acquired a new stake in shares of Guidewire Software in the fourth quarter worth $2,110,000. Icon Wealth Advisors LLC raised its stake in shares of Guidewire Software by 72.4% in the 3rd quarter. Icon Wealth Advisors LLC now owns 5,984 shares of the technology company’s stock valued at $1,095,000 after acquiring an additional 2,512 shares during the period. Whale Rock Capital Management LLC raised its stake in shares of Guidewire Software by 3.3% in the 3rd quarter. Whale Rock Capital Management LLC now owns 972,743 shares of the technology company’s stock valued at $177,954,000 after acquiring an additional 31,512 shares during the period. Finally, GDS Wealth Management lifted its holdings in shares of Guidewire Software by 618.5% during the 4th quarter. GDS Wealth Management now owns 18,752 shares of the technology company’s stock valued at $3,161,000 after acquiring an additional 16,142 shares in the last quarter.

Analysts Set New Price Targets

Several brokerages recently issued reports on GWRE. Wells Fargo & Company increased their price target on Guidewire Software from $215.00 to $220.00 and gave the company an “overweight” rating in a report on Friday, December 6th. Needham & Company LLC reiterated a “hold” rating on shares of Guidewire Software in a report on Friday, December 6th. Stifel Nicolaus boosted their price target on Guidewire Software from $200.00 to $220.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. Robert W. Baird increased their price objective on shares of Guidewire Software from $204.00 to $220.00 and gave the company an “outperform” rating in a research report on Tuesday, November 19th. Finally, JMP Securities reissued a “market outperform” rating and set a $231.00 target price on shares of Guidewire Software in a research report on Friday, December 6th. One analyst has rated the stock with a sell rating, two have issued a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat, Guidewire Software presently has an average rating of “Moderate Buy” and a consensus price target of $204.50.

Insider Activity

In other Guidewire Software news, President John P. Mullen sold 1,350 shares of Guidewire Software stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $197.72, for a total value of $266,922.00. Following the completion of the transaction, the president now owns 189,261 shares of the company’s stock, valued at $37,420,684.92. The trade was a 0.71 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Michael George Rosenbaum sold 5,932 shares of the stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $171.06, for a total transaction of $1,014,727.92. Following the sale, the chief executive officer now directly owns 281,730 shares in the company, valued at $48,192,733.80. This trade represents a 2.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 37,506 shares of company stock worth $6,789,679. 0.48% of the stock is currently owned by corporate insiders.

Guidewire Software Trading Up 0.6 %

NYSE GWRE opened at $215.74 on Thursday. The company has a market capitalization of $18.02 billion, a price-to-earnings ratio of 599.28, a price-to-earnings-growth ratio of 56.59 and a beta of 1.25. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.66 and a quick ratio of 2.66. Guidewire Software, Inc. has a 12 month low of $107.00 and a 12 month high of $219.59. The company’s fifty day moving average price is $185.62 and its two-hundred day moving average price is $178.19.

About Guidewire Software

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.