Guidewire Software Inc (NYSE: GWRE) is 78.91% higher on its value in year-to-date trading and has touched a low of $89.36 and a high of $192.36 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GWRE stock was last observed hovering at around $191.90 in the last trading session, with the day’s gains setting it 3.18%.
Currently trading at $195.08, the stock is 3.61% and 9.61% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.06 million and changing 1.66% at the moment leaves the stock 40.65% off its SMA200. GWRE registered 111.17% gain for a year compared to 6-month gain of 66.64%. The firm has a 50-day simple moving average (SMA 50) of $177.0142 and a 200-day simple moving average (SMA200) of $138.28575.
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The stock witnessed a 5.63% loss in the last 1 month and extending the period to 3 months gives it a 33.00%, and is 4.74% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.53% over the week and 1.50% over the month.
Guidewire Software Inc (GWRE) has around 3469 employees, a market worth around $16.29B and $980.50M in sales. Fwd P/E is 79.44. Profit margin for the company is -0.62%. Distance from 52-week low is 118.31% and 1.41% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.44%).
The EPS is expected to grow by 43.45% this year
626.0 institutions hold shares in Guidewire Software Inc (GWRE), with institutional investors hold 100.25% of the company’s shares. The shares outstanding are 83.03M, and float is at 82.47M with Short Float at 2.21%. Institutions hold 99.76% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 8.34 million shares valued at $1.15 billion. The investor’s holdings represent 10.1089 of the GWRE Shares outstanding. As of 2024-06-30, the second largest holder is BAMCO INC /NY/ with 6.13 million shares valued at $844.62 million to account for 7.4246 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 4.53 million shares representing 5.4901 and valued at over $624.55 million, while STOCKBRIDGE PARTNERS LLC holds 4.6735 of the shares totaling 3.86 million with a market value of $531.66 million.
Guidewire Software Inc (GWRE) Insider Activity
The most recent transaction is an insider sale by Mullen John P, the company’s President. SEC filings show that Mullen John P sold 1,350 shares of the company’s common stock on Oct 18 ’24 at a price of $187.68 per share for a total of $0.25 million. Following the sale, the insider now owns 0.19 million shares.
Still, SEC filings show that on Sep 20 ’24, Mullen John P (President & CRO) disposed off 1,350 shares at an average price of $174.78 for $0.24 million. The insider now directly holds 158,749 shares of Guidewire Software Inc (GWRE).