Were Analysts Bearish Guidewire Software, Inc. (NYSE:GWRE) This Week?

September 16, 2018 - By Nadine Davis

Guidewire Software, Inc. (NYSE:GWRE) LogoInvestors sentiment decreased to 1.19 in Q2 2018. Its down 0.32, from 1.51 in 2018Q1. It turned negative, as 34 investors sold Guidewire Software, Inc. shares while 66 reduced holdings. 44 funds opened positions while 75 raised stakes. 83.35 million shares or 1.91% more from 81.79 million shares in 2018Q1 were reported.
Goldman Sachs Group Inc Inc holds 0.02% of its portfolio in Guidewire Software, Inc. (NYSE:GWRE) for 790,021 shares. First Manhattan Com holds 1,200 shares. State Farm Mutual Automobile Insur invested in 0.01% or 49,900 shares. Moreover, Td Asset Mngmt Inc has 0.01% invested in Guidewire Software, Inc. (NYSE:GWRE) for 63,800 shares. Moody Fincl Bank Trust Division holds 4,995 shares. Hightower Advisors Limited Company has 0.01% invested in Guidewire Software, Inc. (NYSE:GWRE). Barometer Cap owns 9,600 shares or 0.07% of their US portfolio. Wasatch has 852,371 shares for 0.91% of their portfolio. Employees Retirement Systems Of Texas reported 78,000 shares. Amalgamated Bancorp holds 0.04% or 18,694 shares. Toronto Dominion Bank & Trust invested in 60 shares. Brown Cap Mgmt Ltd Liability Company reported 3.04% of its portfolio in Guidewire Software, Inc. (NYSE:GWRE). J Goldman L P stated it has 83,230 shares or 0.38% of all its holdings. Royal Savings Bank Of Canada holds 0% of its portfolio in Guidewire Software, Inc. (NYSE:GWRE) for 43,311 shares. Gru One Trading L P holds 0% of its portfolio in Guidewire Software, Inc. (NYSE:GWRE) for 1,073 shares.

Since March 15, 2018, it had 0 insider purchases, and 25 selling transactions for $12.65 million activity. $445,324 worth of Guidewire Software, Inc. (NYSE:GWRE) was sold by Kheirolomoom Ali on Monday, March 19. On Monday, April 16 Conway Craig sold $32,904 worth of Guidewire Software, Inc. (NYSE:GWRE) or 400 shares. Ryu Marcus also sold $1.11M worth of Guidewire Software, Inc. (NYSE:GWRE) on Monday, July 2. Hung Priscilla also sold $226,151 worth of Guidewire Software, Inc. (NYSE:GWRE) on Monday, March 19. $397,566 worth of stock was sold by Sherry Steven P. on Tuesday, June 19. $165,412 worth of Guidewire Software, Inc. (NYSE:GWRE) was sold by King James Winston.

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

Among 6 analysts covering Guidewire (NYSE:GWRE), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Guidewire had 6 analyst reports since June 6, 2018 according to SRatingsIntel. The stock of Guidewire Software, Inc. (NYSE:GWRE) earned “Hold” rating by Stifel Nicolaus on Wednesday, June 6. The firm has “Overweight” rating given on Wednesday, June 6 by KeyBanc Capital Markets. Deutsche Bank maintained Guidewire Software, Inc. (NYSE:GWRE) rating on Wednesday, June 6. Deutsche Bank has “Buy” rating and $100 target. The rating was maintained by DA Davidson on Thursday, June 7 with “Buy”. Below is a list of Guidewire Software, Inc. (NYSE:GWRE) latest ratings and price target changes.

08/08/2018 Broker: Guggenheim Rating: Buy New Target: $115 Initiates Coverage On
07/06/2018 Broker: DA Davidson Old Rating: Buy New Rating: Buy Old Target: $100 New Target: $106 Maintain
06/06/2018 Broker: Deutsche Bank Old Rating: Buy New Rating: Buy Old Target: $95 New Target: $100 Maintain
06/06/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $91 New Target: $100 Maintain
06/06/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Hold Old Target: $88 New Target: $93 Maintain
06/06/2018 Broker: J.P. Morgan Rating: Buy New Target: $100.0000

The stock increased 1.59% or $1.68 during the last trading session, reaching $107.31. About 1.21 million shares traded or 72.00% up from the average. Guidewire Software, Inc. (NYSE:GWRE) has risen 30.13% since September 16, 2017 and is uptrending. It has outperformed by 14.51% the S&P500.

Guidewire Software, Inc. provides software products for property and casualty insurers. The company has market cap of $8.61 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.

More recent Guidewire Software, Inc. (NYSE:GWRE) news were published by: Seekingalpha.com which released: “Guidewire Software -7% on downside FY guidance” on September 05, 2018. Also Seekingalpha.com published the news titled: “Stocks To Watch: Time To Talk Valuation” on September 01, 2018. Streetinsider.com‘s news article titled: “Pre-Open Movers 09/06: (ARWR) (NVEV) (GPS) Higher; (GWRE) (DOCU) (PRQR) Lower (more…)” with publication date: September 06, 2018 was also an interesting one.

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

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