Guidewire Software (GWRE) Insider Makes Significant Share Sale

Friday, February 02, 2018 10:15 PM ET

Guidewire Software (GWRE) Insider Makes Significant Share Sale

There was a substantial insider sale of Guidewire Software shares today, as indicated in a filing with the SEC as — Marcus Ryu, Director and Officer — sold 20,000 shares in the company having a market value of approximately $1,581,461 There have been 9 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 86,709 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 106,709 shares and have averaged 10,671 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Guidewire Software is greater than its 64-company peer group average. The Enterprise Software peer group saw 148 buy/sell trades during this period for an average of 2.3 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 1,326,432 shares purchased and 8,618,956 shares sold with company insiders having sold 49,274 shares on average over this time period.

Significant insider buying and selling activity has been determined by eliminating 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 in data obtained in creating and writing this story.

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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