Guidewire Software, Inc. (GWRE) Files Form 4 Insider Selling : Richard Hart Sells 473 Shares

Guidewire Software, Inc. (GWRE): Richard Hart , Chief Financial Officer of Guidewire Software, Inc. sold 473 shares on Jun 23, 2016. The Insider selling transaction was reported by the company on Jun 24, 2016 to the Securities and Exchange Commission. The shares were sold at $63.04 per share for a total value of $29,817.92 , 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, Scott Roza (Chief Business Officer) sold 3,440 shares at $59.35 per share price.On Jun 21, 2016, Michael Polelle (Chief Delivery Officer) sold 2,406 shares at $59.45 per share price.Also, 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.

Shares of Guidewire Software Inc (GWRE) ended Friday, Jun 24, 2016 session in red amid volatile trading. The shares closed down -3.24 points or -5.14% at $59.8 with 63,31,520 shares getting traded. Post opening the session at $60.46, the shares hit an intraday low of $59.235 and an intraday high of $60.795 and the price vacillated in this range throughout the day. The company has a market cap of $4,337 M and the number of outstanding shares has been calculated to be 7,25,22,807 shares. The 52-week high of Guidewire Software Inc is $64.78 and the 52-week low is $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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