Guidewire Software, Inc. (GWRE) Files Form 4 Insider Selling : James Winston King Sells 561 Shares

Guidewire Software, Inc. (GWRE): James Winston King , General Counsel and Secretary of Guidewire Software, Inc. sold 561 shares on Jul 13, 2016. The Insider selling transaction was reported by the company on Jul 14, 2016 to the Securities and Exchange Commission. The shares were sold at $64.00 per share for a total value of $35,904.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 14, 2016, Priscilla Hung (Chief Administrative Officer) sold 968 shares at $64.00 per share price.On Jul 12, 2016, Richard Hart (Chief Financial Officer) sold 5,526 shares at $63.04 per share price.Also, On Jul 6, 2016, Scott Roza (Chief Business Officer) sold 94 shares at $60.62 per share price.On Jul 5, 2016, Marcus Ryu (CEO and President) sold 20,000 shares at $61.68 per share price.

Shares of Guidewire Software Inc (GWRE) ended Wednesday, Jul 13, 2016 session in red amid volatile trading. The shares closed down -0.74 points or -1.16% at $63.05 with 3,99,611 shares getting traded. Post opening the session at $64, the shares hit an intraday low of $62.84 and an intraday high of $64 and the price vacillated in this range throughout the day. The company has a market cap of $4,573 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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