Savant Capital LLC Raises Stock Holdings in Guidewire Software, Inc. (NYSE:GWRE)

Savant Capital LLC lifted its holdings in shares of Guidewire Software, Inc. (NYSE:GWRE) by 1.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,004 shares of the technology company’s stock after acquiring an additional 225 shares during the period. Savant Capital LLC’s holdings in Guidewire Software were worth $2,529,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of GWRE. Sanctuary Advisors LLC acquired a new position in Guidewire Software in the second quarter valued at $429,000. Creative Planning grew its holdings in shares of Guidewire Software by 16.0% during the third quarter. Creative Planning now owns 15,331 shares of the technology company’s stock worth $2,805,000 after buying an additional 2,120 shares during the last quarter. Regatta Capital Group LLC increased its position in Guidewire Software by 4.1% in the 3rd quarter. Regatta Capital Group LLC now owns 4,425 shares of the technology company’s stock valued at $810,000 after acquiring an additional 176 shares during the period. Bleakley Financial Group LLC raised its stake in Guidewire Software by 12.4% during the 3rd quarter. Bleakley Financial Group LLC now owns 2,989 shares of the technology company’s stock valued at $547,000 after acquiring an additional 330 shares during the last quarter. Finally, Claro Advisors LLC acquired a new stake in Guidewire Software during the 3rd quarter worth approximately $5,245,000.

Insiders Place Their Bets

In related news, President John P. Mullen sold 1,350 shares of the business’s stock in a transaction dated Friday, December 20th. The shares were sold at an average price of $170.43, for a total value of $230,080.50. Following the completion of the transaction, the president now owns 180,746 shares of the company’s stock, valued at approximately $30,804,540.78. The trade was a 0.74 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Michael George Rosenbaum sold 1,400 shares of the company’s stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $214.68, for a total transaction of $300,552.00. Following the completion of the transaction, the chief executive officer now owns 274,730 shares in the company, valued at approximately $58,979,036.40. This trade represents a 0.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 37,506 shares of company stock worth $6,789,679. Insiders own 0.48% of the company’s stock.

Guidewire Software Trading Up 0.6 %

NYSE:GWRE opened at $215.74 on Thursday. The company has a market capitalization of $18.02 billion, a PE ratio of 599.28, a price-to-earnings-growth ratio of 56.59 and a beta of 1.25. Guidewire Software, Inc. has a 52-week low of $107.00 and a 52-week high of $219.59. The stock has a fifty day simple moving average of $185.62 and a 200-day simple moving average of $178.19. The company has a quick ratio of 2.66, a current ratio of 2.66 and a debt-to-equity ratio of 0.53.

Analysts Set New Price Targets

GWRE has been the topic of a number of recent research reports. Stifel Nicolaus boosted their target price on Guidewire Software from $200.00 to $220.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. JMP Securities reissued a “market outperform” rating and issued a $231.00 price objective on shares of Guidewire Software in a research note on Friday, December 6th. Wells Fargo & Company upped their price objective on shares of Guidewire Software from $215.00 to $220.00 and gave the stock an “overweight” rating in a research report on Friday, December 6th. Robert W. Baird lifted their target price on shares of Guidewire Software from $204.00 to $220.00 and gave the company an “outperform” rating in a report on Tuesday, November 19th. Finally, Oppenheimer increased their price target on shares of Guidewire Software from $220.00 to $230.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat.com, Guidewire Software currently has an average rating of “Moderate Buy” and an average target price of $204.50.

About Guidewire Software

Guidewire Software, Inc provides a platform for property and casualty (P&C) insurers worldwide. The company offers Guidewire InsuranceSuite Cloud, such as PolicyCenter Cloud, BillingCenter Cloud, and ClaimCenter Cloud applications. It also provides Guidewire InsuranceNow, a cloud-based platform that offers policy, billing, and claims management functionality to insurers; and Guidewire InsuranceSuite for Self-Managed.