KD Logo

Checking in on Guidewire Software Inc (GWRE) after recent insiders movement

ZOM Stock

Guidewire Software Inc’s recent filing unveils that its President & CRO Mullen John P unloaded Company’s shares for reported $0.15 million on Apr 15 ’24. In the deal valued at $111.35 per share,1,350 shares were sold. As a result of this transaction, Mullen John P now holds 148,047 shares worth roughly $16.34 million.

Then, King James Winston sold 1,268 shares, generating $142,663 in total proceeds. Upon selling the shares at $112.51, the Chief Admin Officer, Gen Couns now owns 43,036 shares.

Before that, Rosenbaum Michael George sold 4,420 shares. Guidewire Software Inc shares valued at $493,916 were divested by the Chief Executive Officer at a price of $111.75 per share. As a result of the transaction, Rosenbaum Michael George now holds 245,375 shares, worth roughly $27.09 million.

Raymond James initiated its Guidewire Software Inc [GWRE] rating to an Outperform in a research note published on February 01, 2024; the price target was $125. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in mid December from “an Equal weight” to “an Overweight”. Oppenheimer also remained covering GWRE and reiterated its “an Outperform” recommendation on December 08, 2023. Robert W. Baird revised its rating on November 14, 2023. It rated GWRE as “an Outperform” which previously was an “a Neutral”.

Price Performance Review of GWRE

On Tuesday, Guidewire Software Inc [NYSE:GWRE] saw its stock fall -2.15% to $110.40. Over the last five days, the stock has lost -2.97%. Guidewire Software Inc shares have risen nearly 1.25% since the year began. Nevertheless, the stocks have risen 44.90% over the past one year. While a 52-week high of $122.35 was reached on 03/08/24, a 52-week low of $68.45 was recorded on 01/05/24. SMA at 50 days reached $114.53, while 200 days put it at $100.11. A total of 0.67 million shares were traded, compared to the trading of 0.46 million shares in the previous session.

Levels Of Support And Resistance For GWRE Stock

The 24-hour chart illustrates a support level at 109.41, which if violated will result in even more drops to 108.43. On the upside, there is a resistance level at 112.33. A further resistance level may holdings at 114.27. The Relative Strength Index (RSI) on the 14-day chart is 43.63, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.35, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 58.69%. Stochastics %K at 57.25% indicates the stock is a holding.

Most Popular

[the_ad id="945"]