Institutional Investors Are Crazy For Guidewire Software Inc (NYSE:GWRE)

May 17, 2018 - By Milton Kimbrough

Guidewire Software, Inc. (NYSE:GWRE) Logo

Sentiment for Guidewire Software Inc (NYSE:GWRE)

Guidewire Software Inc (NYSE:GWRE) institutional sentiment increased to 1.48 in 2017 Q4. Its up 0.20, from 1.28 in 2017Q3. The ratio has improved, as 124 investment professionals started new and increased stock positions, while 84 sold and reduced equity positions in Guidewire Software Inc. The investment professionals in our partner’s database reported: 78.53 million shares, up from 76.39 million shares in 2017Q3. Also, the number of investment professionals holding Guidewire Software Inc in their top 10 stock positions was flat from 2 to 2 for the same number . Sold All: 33 Reduced: 51 Increased: 82 New Position: 42.

Guidewire Software, Inc. provides software products for property and casualty insurers. The company has market cap of $7.39 billion. It offers Guidewire InsuranceNow, a cloud platform that offers policy, billing, and claims management functionality to insurers. It currently has negative earnings. The companyÂ’s products include Guidewire InsuranceSuite comprising Guidewire PolicyCenter, an underwriting and policy administration application; Guidewire ClaimCenter, a lifecycle management application; Guidewire BillingCenter, manages billing, payment plans, agent commissions, and external payment systems; and Guidewire Underwriting Management, a cloud underwriting application.

The stock increased 0.73% or $0.67 during the last trading session, reaching $92.42. About 190,461 shares traded. Guidewire Software, Inc. (NYSE:GWRE) has risen 42.07% since May 17, 2017 and is uptrending. It has outperformed by 30.52% the S&P500.

Analysts await Guidewire Software, Inc. (NYSE:GWRE) to report earnings on June, 7. They expect $-0.22 earnings per share, down 1,200.00 % or $0.24 from last year’s $0.02 per share.

White Elm Capital Llc holds 3.51% of its portfolio in Guidewire Software, Inc. for 223,690 shares. Brown Capital Management Llc owns 3.46 million shares or 3.12% of their US portfolio. Moreover, Firsthand Capital Management Inc. has 3.01% invested in the company for 55,000 shares. The New York-based Hitchwood Capital Management Lp has invested 2.23% in the stock. Bamco Inc Ny, a New York-based fund reported 6.24 million shares.

Since January 1, 0001, it had 0 insider purchases, and 41 insider sales for $14.89 million activity.

Guidewire Software, Inc. (NYSE:GWRE) Ratings Coverage

Ratings analysis reveals 83% of Guidewire’s analysts are positive. Out of 6 Wall Street analysts rating Guidewire, 5 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $85.0 while the high is $95.0. The stock’s average target of $89.33 is -3.34% below today’s ($92.42) share price. GWRE was included in 6 notes of analysts from November 30, 2017. The firm has “Hold” rating by Stifel Nicolaus given on Wednesday, March 7. The stock has “Buy” rating by Deutsche Bank on Thursday, November 30. Piper Jaffray maintained it with “Buy” rating and $95.0 target in Wednesday, March 14 report. The firm earned “Buy” rating on Wednesday, March 7 by KeyBanc Capital Markets.

More notable recent Guidewire Software, Inc. (NYSE:GWRE) news were published by: Seekingalpha.com which released: “Zuora: An Interesting Niche, But A Fully Valued IPO” on April 30, 2018, also Businesswire.com with their article: “icare Deploys Guidewire InsurancePlatformâ„¢ to Provide High-Quality Customer Experience” published on May 15, 2018, Globenewswire.com published: “Factors of Influence in 2018, Key Indicators and Opportunity within Guidewire Software, THL Credit, Oil States …” on April 27, 2018. More interesting news about Guidewire Software, Inc. (NYSE:GWRE) were released by: Businesswire.com and their article: “Guidewire Announces Availability of its First P&C Insurance CRM Applications for Salesforce Financial Services Cloud” published on May 14, 2018 as well as Businesswire.com‘s news article titled: “FRISS Announced as New Solution Partner for Guidewire Software” with publication date: May 16, 2018.

Guidewire Software, Inc. (NYSE:GWRE) Institutional Positions Chart

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