On August 20, 2024, John Mullen, President & Chief Revenue Officer of Guidewire Software Inc (NYSE:GWRE), sold 1,350 shares of the company. The transaction was documented in an SEC filing. Following this sale, the insider now owns 137,821 shares of Guidewire Software Inc.
Guidewire Software Inc. specializes in providing software solutions to property and casualty insurers. Its products include InsuranceSuite, an end-to-end suite of software applications that support the insurance business lifecycle; InsuranceNow, a cloud-based platform for smaller property and casualty insurers; and Cyence for cyber risk management.
Over the past year, John Mullen has sold a total of 25,611 shares and purchased no shares. Guidewire Software Inc.’s insider transaction history shows a trend with 29 insider sales and no insider purchases during the same period.
Guidewire Software Inc. shares were trading at $149.03 on the day of the sale. The company has a market capitalization of around $12.14 billion.
According to GF Value, the stock’s intrinsic value is estimated at $104.21, suggesting that the stock is significantly overvalued with a price to GF Value ratio of 1.43. GF Value is calculated based on historical multiples such as price to earnings ratio, price to sales ratio, price to book value ratio and price to free cash flow, adjusted for the company’s past performance and expected future business results.
This recent insider sale may be of interest to investors who follow insider behavior and the valuation discrepancies suggested by GF Value.
This article created by GuruFocus is intended to provide general insights and does not constitute tailored financial advice. Our commentary is based on historical data and analyst forecasts, uses an unbiased methodology and is not intended to serve as specific investment advice. It does not contain a recommendation to buy or sell any stock and does not take into account any individual investment objectives or financial circumstances. Our goal is to provide long-term, fundamental, data-driven analysis. Note that our analysis may not include the most recent, price-sensitive company announcements or qualitative information. GuruFocus does not hold a position in any stocks mentioned here.
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