On September 20, 2024, John Mullen, President & Chief Revenue Officer of Guidewire Software Inc (GWRE, Financial), sold 1,350 shares of the company. The transaction was executed at a price of $174.78 per share, as detailed in the SEC Filing. Following this sale, the insider now owns 158,749 shares of Guidewire Software Inc.
Guidewire Software Inc specializes in providing software solutions for property and casualty (P&C) insurers. Their products include systems for underwriting and policy administration, claims management, and billing. The company is known for its comprehensive suite of applications designed to streamline insurance operations, enhance customer service, and increase the efficiency of insurance providers.
Over the past year, John Mullen has sold a total of 27,939 shares of the company and has not made any purchases. The insider transaction history for Guidewire Software Inc shows a trend with 26 insider sells and no insider buys over the same timeframe.
As of the latest sale date, Guidewire Software Inc's shares were trading at $174.78, giving the company a market cap of approximately $14.49 billion. The stock is currently considered Significantly Overvalued with a price-to-GF Value ratio of 1.66, based on a GF Value of $105.29.
The GF Value is a proprietary measure used to determine the fair value of a stock, taking into account historical trading multiples, a GuruFocus adjustment factor based on past performance, and expected future business outcomes as forecasted by analysts.
This recent insider sale could be of interest to current and potential investors, providing insights into the perspectives of high-level executives within Guidewire Software Inc regarding the company's stock value and future prospects.
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.
