Insider Selling in Guidewire Software (GWRE) Shares Continues

Monday, March 05, 2018 10:15 PM ET

Insider Selling in Guidewire Software (GWRE) Shares Continues

A filing with the SEC today revealed a significant insider sale of Guidewire Software shares as — Marcus Ryu, Director and Officer — disposed of 19,568 shares in the company having a market value of approximately $1,561,148. 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 disposition of 106,709 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 126,277 shares and have averaged 12,628 shares per transaction over this time period.

The number of insider buy/sell trades at Guidewire Software is above that of the 64 peer company average over the last 90-day period. The Enterprise Software peer group saw 160 buy/sell trades during this period for an average of 2.5 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 551,162 shares purchased and 8,115,328 shares sold with company insiders disposing of 47,276 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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