Guidewire Software, Inc. (GWRE) Files Form 4 Insider Selling : Michael Polelle Sells 2,406 Shares

Guidewire Software, Inc. (GWRE): Michael Polelle , Chief Delivery Officer of Guidewire Software, Inc. sold 2,406 shares on Jun 17, 2016. The Insider selling transaction was reported by the company on Jun 21, 2016 to the Securities and Exchange Commission. The shares were sold at $59.45 per share for a total value of $143,416.62 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 21, 2016, Marcus Ryu (CEO and President) sold 5,640 shares at $58.97 per share price.On Jun 21, 2016, Priscilla Hung (Chief Administrative Officer) sold 3,706 shares at $59.25 per share price.Also, On Jun 21, 2016, Richard Hart (Chief Financial Officer) sold 3,342 shares at $59.13 per share price.On Jun 21, 2016, James Winston King (General Counsel and Secretary) sold 2,752 shares at $59.36 per share price.

Guidewire Software Inc: On Monday, Jun 20, 2016 heightened volatility was witnessed in Guidewire Software Inc which led to swings in the share price. The shares opened for trading at $59.45 and hit $61.48 on the upside , eventually ending the session at $60.75, with a gain of 2.58% or 1.53 points. The heightened volatility saw the trading volume jump to 6,90,684 shares. The 52-week high of the share price is $64.78 and the company has a market cap of $4,406 M . The 52-week low of the share price is at $42.32.

Guidewire Software Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Guidewire Software Inc is Reiterated by Deutsche Bank to Buy and the brokerage firm has raised the Price Target to $ 80 from a previous price target of $75 .The Rating was issued on Jun 2, 2016.Guidewire Software Inc is Initiated by Piper Jaffray to Overweight and the brokerage firm has set the Price Target at $65. The Rating was issued on Jun 1, 2016.

Guidewire Software Inc. is a provider of software products for property and casualty (P&C) insurers. The Company’s software serves as a technology platform for P&C insurance carriers. Its platform consists of three products: core transaction processing data management and analytics and digital engagement. The Company sells its products to a variety of insurance carriers ranging from global insurers to national carriers to regional carriers. Its core transaction processing includes Guidewire InsuranceSuite Guidewire PolicyCenter Guidewire ClaimCenter Guidewire BillingCenter and InsuranceSuite Add-on Modules. InsuranceSuite Add-on Modules includes Guidewire Rating Management Guidewire Reinsurance Management Guidewire Client Data Management Guidewire Standards-Based Templates and Guidewire London Market Messaging. Its data management and analytics includes Guidewire DataHub Guidewire InfoCenter and Guidewire Live and digital engagement includes Guidewire Digital Portals.

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