Guidewire Software Inc (GWRE) President & CRO John Mullen Sells Company Shares
John Mullen, President & Chief Revenue Officer of Guidewire Software Inc (NYSE:GWRE), has sold 3,665 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 $409,631.25.
Guidewire Software Inc is a provider of software products for property and casualty insurers. Its services include core processing, data and analytics, and digital engagement to help insurers manage their policies, billing, and claims. The company aims to enable its clients to engage with their customers, improve their operations, and adapt to a rapidly changing market.
Over the past year, the insider, John Mullen, has sold a total of 18,092 shares of Guidewire Software Inc and has not made any purchases of the stock. The company's insider transaction history 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 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 GF 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.
This article first appeared on GuruFocus.
