Michael Rosenbaum, CEO of Guidewire Software Inc (GWRE, Financial), sold 4,420 shares of the company on March 19, 2024, according to a recent SEC filing. The transaction was executed at an average price of $111.75 per share, resulting in a total value of $494,115.
Guidewire Software Inc is a provider of software products for property and casualty insurers. Its services include core back-end systems for policy administration, claims management, and billing, as well as data analytics and digital engagement solutions to support insurers in their operations.
Over the past year, Michael Rosenbaum has sold a total of 43,666 shares of Guidewire Software Inc and has not made any purchases of the stock. The insider transaction history for the company reveals a pattern of 26 insider sells and no insider buys over the same period.
On the day of the insider's recent sale, Guidewire Software Inc's shares were trading at $111.75, giving the company a market capitalization of $9.456 billion.
The stock's price-to-GF-Value ratio stands at 1.12, with a GuruFocus Value of $99.84, indicating that Guidewire Software Inc is modestly overvalued 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.
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.
