Is Guidewire Software, Inc. (GWRE) a Buy? The Stock Reaches 52-Week High Today

May 20, 2018 - By Clifton Ray

Guidewire Software, Inc. (NYSE:GWRE) Logo

Investors sentiment increased to 1.48 in 2017 Q4. Its up 0.20, from 1.28 in 2017Q3. It is positive, as 33 investors sold Guidewire Software, Inc. shares while 51 reduced holdings. 42 funds opened positions while 82 raised stakes. 78.53 million shares or 2.80% more from 76.39 million shares in 2017Q3 were reported.
State Of Wisconsin Inv Board owns 0% invested in Guidewire Software, Inc. (NYSE:GWRE) for 15,591 shares. Emerald Mutual Fund Advisers Tru holds 200,381 shares or 0.59% of its portfolio. Prudential Financial Incorporated accumulated 4,070 shares. St James Inv Comm Limited Liability Company reported 15,645 shares or 0.13% of all its holdings. Forward Mgmt Ltd Limited Liability Company stated it has 2,755 shares or 0.02% of all its holdings. Amer Gru invested in 0% or 1,633 shares. Great West Life Assurance Communication Can has invested 0.04% in Guidewire Software, Inc. (NYSE:GWRE). White Elm Limited Liability has invested 3.51% in Guidewire Software, Inc. (NYSE:GWRE). Eaton Vance Mngmt invested 0% in Guidewire Software, Inc. (NYSE:GWRE). Timessquare Ltd Com has 0.19% invested in Guidewire Software, Inc. (NYSE:GWRE). 78,000 were accumulated by Employees Retirement Of Texas. Dupont Management Corporation holds 6,392 shares. Pnc Grp Incorporated invested in 0% or 1,516 shares. Financial Architects invested in 49 shares or 0% of the stock. Segall Bryant Hamill Limited Liability Co has invested 1.21% of its portfolio in Guidewire Software, Inc. (NYSE:GWRE).

Since December 11, 2017, it had 0 buys, and 42 insider sales for $14.93 million activity. Another trade for 2,933 shares valued at $246,857 was made by Polelle Michael on Monday, March 19. 7,566 Guidewire Software, Inc. (NYSE:GWRE) shares with value of $552,292 were sold by Hart Richard. Kheirolomoom Ali sold 4,811 shares worth $352,639. Hung Priscilla also sold $10,445 worth of Guidewire Software, Inc. (NYSE:GWRE) on Wednesday, April 4. Ryu Marcus sold $1.20M worth of stock or 14,317 shares. 4,777 Guidewire Software, Inc. (NYSE:GWRE) shares with value of $349,020 were sold by Sherry Steven P..

The stock of Guidewire Software, Inc. (NYSE:GWRE) hit a new 52-week high and has $100.01 target or 7.00 % above today’s $93.47 share price. The 5 months bullish chart indicates low risk for the $7.47B company. The 1-year high was reported on May, 20 by Barchart.com. If the $100.01 price target is reached, the company will be worth $522.83 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.71% or $0.66 during the last trading session, reaching $93.47. About 460,844 shares traded. Guidewire Software, Inc. (NYSE:GWRE) has risen 42.07% since May 20, 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.

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 November 30, 2017 according to SRatingsIntel. Stifel Nicolaus maintained Guidewire Software, Inc. (NYSE:GWRE) on Wednesday, March 7 with “Hold” rating. Deutsche Bank maintained the stock with “Buy” rating in Thursday, November 30 report. The firm has “Buy” rating by Piper Jaffray given on Wednesday, March 14. 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 Globenewswire.com with their article: “Factors of Influence in 2018, Key Indicators and Opportunity within Guidewire Software, THL Credit, Oil States …” published on April 27, 2018, Businesswire.com published: “Guidewire Announces Availability of its First P&C Insurance CRM Applications for Salesforce Financial Services Cloud” on May 14, 2018. More interesting news about Guidewire Software, Inc. (NYSE:GWRE) were released by: Businesswire.com and their article: “FRISS Announced as New Solution Partner for Guidewire Software” published on May 16, 2018 as well as Prnewswire.com‘s news article titled: “Stock Performance Review on Business Software & Services Industry — LivePerson, F5 Networks, Guidewire Software …” with publication date: May 07, 2018.

Guidewire Software, Inc. provides software products for property and casualty insurers. The company has market cap of $7.47 billion. It offers Guidewire InsuranceNow, a cloud platform that offers policy, billing, and claims management functionality to insurers. It currently has negative earnings. The company'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.

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

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