Guidewire Software Inc’s filing revealed that its Chief Executive Officer Rosenbaum Michael George unloaded Company’s shares for reported $0.25 million on Jan 21 ’25. In the deal valued at $179.91 per share,1,400 shares were sold. As a result of this transaction, Rosenbaum Michael George now holds 278,930 shares worth roughly $50.62 million.
Then, MIKE ROSENBAUM bought 1,400 shares, generating $251,874 in total proceeds.
Before that, Cooper Jeffrey Elliott sold 300 shares. Guidewire Software Inc shares valued at $52,434 were divested by the Chief Financial Officer at a price of $174.78 per share. As a result of the transaction, Cooper Jeffrey Elliott now holds 73,494 shares, worth roughly $13.34 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 jump 1.63% to $181.49. Over the last five days, the stock has gained 7.06%. Guidewire Software Inc shares have risen nearly 7.66% since the year began. Nevertheless, the stocks have risen 61.97% over the past one year. While a 52-week high of $209.15 was reached on 01/21/25, a 52-week low of $107.00 was recorded on 01/13/25. SMA at 50 days reached $183.96, while 200 days put it at $154.96.
Levels Of Support And Resistance For GWRE Stock
The 24-hour chart illustrates a support level at 179.71, which if violated will result in even more drops to 177.94. On the upside, there is a resistance level at 183.19. A further resistance level may holdings at 184.89. The Relative Strength Index (RSI) on the 14-day chart is 58.71, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 7.14, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.09%. Stochastics %K at 84.84% indicates the stock is a selling.
How much short interest is there in Guidewire Software Inc?
A steep rise in short interest was recorded in Guidewire Software Inc stocks on 2024-11-15, dropping by 68802.0 shares to a total of 1.75 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 1.82 million shares. There was a decline of -3.93%, which implies that there is a negative sentiment for the stock.
