On December 20, 2023, Priscilla Hung, President & COO of Guidewire Software Inc (NYSE:GWRE), sold 3,832 shares of the company. The transaction was filed with the SEC and can be found through the following SEC Filing.
Guidewire Software Inc is a provider of software products for property and casualty insurers. Its products include core processing, data and analytics, and digital engagement capabilities that are delivered via a cloud-based platform. These solutions support insurers in their operations, ranging from underwriting and policy administration to claims management and billing.
Over the past year, the insider has sold a total of 49,430 shares and has not made any purchases. The recent sale by the insider is part of a trend observed over the past year, where there have been no insider buys and 28 insider sells for Guidewire Software Inc.
On the day of the sale, shares of Guidewire Software Inc were trading at $104.24, resulting in a market cap of $8.892 billion.
The stock's price-to-GF-Value ratio stands at 1.04, with a GF Value of $99.81, indicating that Guidewire Software Inc is Fairly Valued according to GuruFocus's valuation model. The GF Value is determined by considering historical trading multiples, a GuruFocus adjustment factor based on the company's historical returns and growth, and future business performance estimates provided by Morningstar analysts.
The insider's recent transaction aligns with the overall insider trend for the company, which has been more inclined towards selling rather than purchasing stock over the past year.
Investors and stakeholders in Guidewire Software Inc may consider the insider's trading behavior alongside the company's current valuation to inform their investment decisions.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
