John Mullen, President & Chief Revenue Officer of Guidewire Software Inc (NYSE:GWRE), sold 4,630 shares of the company on December 19, 2023, according to a recent SEC filing. The transaction was executed at an average price of $103.79 per share, resulting in a total sale amount of $480,537.70.
Guidewire Software Inc is a provider of software products for property and casualty insurers. Its products include InsuranceSuite, an end-to-end suite of software applications that support insurance operations; InsuranceNow, a cloud-based platform for smaller P&C insurers; and Cyence, a platform for cyber risk analytics and modeling.
Over the past year, the insider has sold a total of 26,003 shares of Guidewire Software Inc and has not made any purchase of the stock. The recent sale by John Mullen is part of a trend observed over the past year, where there have been 26 insider sells and no insider buys.
On the date of the sale, Guidewire Software Inc had a market capitalization of $8.612 billion, with the stock trading at $103.79. This price level gives the stock a price-to-GF-Value ratio of 1.04, indicating that it is Fairly Valued according to the GF Value metric.
The GF Value is a proprietary intrinsic value estimate from GuruFocus, which is determined by considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company's historical returns and growth, and future business performance estimates from Morningstar analysts.
The insider trend image above reflects the pattern of insider transactions over the past year, showing a clear preference for selling over buying among insiders at Guidewire Software Inc.
The GF Value image provides a visual representation of the stock's current price in relation to its intrinsic value, suggesting that the stock is trading at a fair value.
For more detailed information on insider transactions at Guidewire Software Inc, interested individuals can refer to the SEC filing through the provided link.
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.
