Guidewire Software, Inc. (GWRE): James Winston King , General Counsel and Secretary of Guidewire Software, Inc. sold 5,944 shares on Sep 19, 2016. The Insider selling transaction was reported by the company on Sep 21, 2016 to the Securities and Exchange Commission. The shares were sold at $58.98 per share for a total value of $349,835.56 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 21, 2016, Richard Hart (Chief Financial Officer) sold 6,184 shares at $58.99 per share price.On Sep 21, 2016, Priscilla Hung (Chief Administrative Officer) sold 6,521 shares at $58.97 per share price.Also, On Sep 21, 2016, Michael Polelle (Chief Delivery Officer) sold 5,595 shares at $58.98 per share price.On Sep 21, 2016, Marcus Ryu (CEO and President) sold 15,026 shares at $59.53 per share price.
Shares of Guidewire Software Inc (GWRE) ended Tuesday, Sep 21, 2016 session in red amid volatile trading. The shares closed down -0.86 points or -1.46% at $58 with 5,05,424 shares getting traded. Post opening the session at $59.27, the shares hit an intraday low of $57.98 and an intraday high of $59.27 and the price vacillated in this range throughout the day. The company has a market cap of $4,238 M and the number of outstanding shares has been calculated to be 7,30,68,434 shares. The 52-week high of Guidewire Software Inc is $64.78 and the 52-week low is $42.32.
Company has been under the radar of several Street Analysts.Guidewire Software Inc is Downgraded by BofA/Merrill to Underperform. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Sep 16, 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.