Alpha DNA Investment Management LLC Grows Holdings in Guidewire Software, Inc. (NYSE:GWRE)

Alpha DNA Investment Management LLC boosted its position in shares of Guidewire Software, Inc. (NYSE:GWRE) by 15.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,848 shares of the technology company’s stock after acquiring an additional 388 shares during the period. Alpha DNA Investment Management LLC’s holdings in Guidewire Software were worth $480,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Versant Capital Management Inc bought a new stake in Guidewire Software during the 4th quarter valued at approximately $25,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in Guidewire Software by 101.0% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 197 shares of the technology company’s stock valued at $34,000 after buying an additional 99 shares in the last quarter. Cullen Frost Bankers Inc. bought a new stake in shares of Guidewire Software during the fourth quarter valued at approximately $34,000. R Squared Ltd bought a new position in shares of Guidewire Software during the fourth quarter worth $47,000. Finally, Tobam purchased a new position in Guidewire Software during the fourth quarter valued at $52,000.

Guidewire Software Price Performance

GWRE stock opened at $191.18 on Friday. The stock has a market cap of $16.04 billion, a PE ratio of 531.06, a P/E/G ratio of 37.21 and a beta of 1.19. Guidewire Software, Inc. has a 12 month low of $107.00 and a 12 month high of $219.59. The company has a 50-day moving average price of $192.54 and a 200 day moving average price of $189.82. The company has a current ratio of 2.66, a quick ratio of 2.66 and a debt-to-equity ratio of 0.53.

Guidewire Software (NYSE:GWRE) last released its earnings results on Thursday, March 6th. The technology company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.44). Guidewire Software had a net margin of 2.91% and a return on equity of 2.38%. The business had revenue of $289.48 million for the quarter, compared to the consensus estimate of $285.74 million. Equities research analysts anticipate that Guidewire Software, Inc. will post 0.52 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO Michael George Rosenbaum sold 1,400 shares of the business’s stock in a transaction that occurred on Monday, April 14th. The stock was sold at an average price of $194.90, for a total value of $272,860.00. Following the completion of the sale, the chief executive officer now owns 257,193 shares in the company, valued at approximately $50,126,915.70. The trade was a 0.54 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael C. Keller sold 1,848 shares of the firm’s stock in a transaction on Monday, March 17th. The stock was sold at an average price of $185.03, for a total value of $341,935.44. Following the transaction, the director now owns 12,270 shares in the company, valued at $2,270,318.10. The trade was a 13.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 37,471 shares of company stock valued at $7,272,821 in the last 90 days. Company insiders own 0.48% of the company’s stock.

Analyst Ratings Changes

GWRE has been the subject of several research reports. The Goldman Sachs Group increased their price objective on shares of Guidewire Software from $210.00 to $240.00 and gave the company a “buy” rating in a report on Monday, February 10th. Needham & Company LLC reissued a “hold” rating on shares of Guidewire Software in a research note on Friday, March 7th. JPMorgan Chase & Co. lifted their price objective on Guidewire Software from $228.00 to $231.00 and gave the stock an “overweight” rating in a research note on Friday, March 7th. Finally, Robert W. Baird increased their target price on Guidewire Software from $230.00 to $236.00 and gave the company an “outperform” rating in a research report on Friday, March 7th. One research analyst has rated the stock with a sell rating, two have given a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $206.08.

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.