Thursday, September 21, 2017 10:15 PM ET
Insider Sales at Guidewire Software (GWRE) are Significant and Extend the Selling Trend of Last Quarter
SEC filings today disclosed substantial insider sales of Guidewire Software shares as seven insiders listed below, sold 27,540 shares in the company having a market value of approximately $2,142,235. There was one insider buy/sell transaction in the past 90 days prior to these transactions which resulted in the sale of 50,000 shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 77,540 shares and have averaged 9,693 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at Guidewire Software is higher than its 62-company peer group average. The Enterprise Software peer group saw 172 buy/sell trades during this period for an average of 2.8 transactions per company. However, the number of shares traded per transaction by Guidewire Software insiders is lower than its peers. Within the peer group there were 972,550 shares purchased and 7,548,533 shares sold with company insiders having sold 38,232 shares on average over this time period.
The data sourced in evaluating and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.
Today’s Insider Activity
* Marcus Ryu, Director and Officer, sold 13,249 shares
* Priscilla Hung, Officer, sold 2,043 shares
* James Winston King, Officer, sold 1,374 shares
* Scott Roza, Officer, sold 2,594 shares
* Michael Polelle, Officer, sold 1,508 shares
* Ali Kheirolomoom, Officer, sold 3,131 shares
* Richard Hart, Officer, sold 3,641 shares
Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.
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