As Guidewire Software (GWRE) Share Value Rose, Weitz Investment Management Has Upped Holding by $2.96 Million; Entercom Communications (ETM) Holder Euclidean Technologies Management Has Lifted Its Stake

April 23, 2018 - By Winifred Garcia

Guidewire Software, Inc. (NYSE:GWRE) Logo

Euclidean Technologies Management Llc increased its stake in Entercom Communications Corp (ETM) by 102.44% based on its latest 2017Q4 regulatory filing with the SEC. Euclidean Technologies Management Llc bought 82,681 shares as the company’s stock declined 16.30% with the market. The hedge fund held 163,392 shares of the broadcasting company at the end of 2017Q4, valued at $1.77M, up from 80,711 at the end of the previous reported quarter. Euclidean Technologies Management Llc who had been investing in Entercom Communications Corp for a number of months, seems to be bullish on the $1.41 billion market cap company. The stock increased 1.24% or $0.12 during the last trading session, reaching $10.18. About 72,799 shares traded. Entercom Communications Corp. (NYSE:ETM) has declined 31.27% since April 23, 2017 and is downtrending. It has underperformed by 42.82% the S&P500.

Weitz Investment Management Inc increased its stake in Guidewire Software Inc (GWRE) by 160% based on its latest 2017Q4 regulatory filing with the SEC. Weitz Investment Management Inc bought 40,000 shares as the company’s stock rose 8.79% while stock markets declined. The institutional investor held 65,000 shares of the technology company at the end of 2017Q4, valued at $4.83M, up from 25,000 at the end of the previous reported quarter. Weitz Investment Management Inc who had been investing in Guidewire Software Inc for a number of months, seems to be bullish on the $6.87B market cap company. The stock increased 0.33% or $0.28 during the last trading session, reaching $86. About 23,183 shares traded. Guidewire Software, Inc. (NYSE:GWRE) has risen 42.07% since April 23, 2017 and is uptrending. It has outperformed by 30.52% the S&P500.

Among 13 analysts covering Guidewire Software (NYSE:GWRE), 10 have Buy rating, 0 Sell and 3 Hold. Therefore 77% are positive. Guidewire Software had 36 analyst reports since September 1, 2015 according to SRatingsIntel. The company was initiated on Tuesday, October 4 by Goldman Sachs. The firm has “Buy” rating by Piper Jaffray given on Tuesday, June 13. Citigroup upgraded the stock to “Buy” rating in Friday, October 30 report. The firm has “Buy” rating by KeyBanc Capital Markets given on Tuesday, October 31. The firm earned “Buy” rating on Thursday, September 7 by Piper Jaffray. The stock of Guidewire Software, Inc. (NYSE:GWRE) has “Buy” rating given on Tuesday, September 5 by KeyBanc Capital Markets. The stock has “Buy” rating by Citigroup on Thursday, June 2. On Wednesday, March 14 the stock rating was maintained by Piper Jaffray with “Buy”. The firm has “Neutral” rating given on Friday, December 2 by Piper Jaffray. The stock of Guidewire Software, Inc. (NYSE:GWRE) has “Hold” rating given on Friday, June 2 by Stifel Nicolaus.

Since December 11, 2017, it had 0 insider purchases, and 39 selling transactions for $13.68 million activity. Ryu Marcus had sold 7,383 shares worth $620,132. $16,184 worth of stock was sold by Polelle Michael on Tuesday, January 16. On Monday, March 5 the insider Hung Priscilla sold $11,220. Hart Richard sold $29,021 worth of Guidewire Software, Inc. (NYSE:GWRE) on Monday, February 5. Shares for $13,078 were sold by Kheirolomoom Ali on Monday, January 8. Brown Andrew William Fraser sold $199,730 worth of stock or 2,585 shares.

Weitz Investment Management Inc, which manages about $5.99 billion and $2.40 billion US Long portfolio, decreased its stake in Xo Group Inc (NYSE:XOXO) by 67,917 shares to 675,000 shares, valued at $12.46 million in 2017Q4, according to the filing. It also reduced its holding in Wells Fargo Co New (NYSE:WFC) by 290,700 shares in the quarter, leaving it with 540,932 shares, and cut its stake in Flir Sys Inc (NASDAQ:FLIR).

Investors sentiment increased to 1.48 in 2017 Q4. Its up 0.20, from 1.28 in 2017Q3. It improved, as 33 investors sold GWRE shares while 51 reduced holdings. 42 funds opened positions while 82 raised stakes. 78.53 million shares or 2.80% more from 76.39 million shares in 2017Q3 were reported. Personal Cap Advisors accumulated 3,166 shares or 0% of the stock. Driehaus Capital Management Limited Com owns 7,327 shares. Moreover, Archon Prtnrs Limited Liability Corporation has 1.1% invested in Guidewire Software, Inc. (NYSE:GWRE). Thrivent Fincl For Lutherans owns 365,275 shares. Renaissance Limited Com stated it has 186,900 shares or 0.02% of all its holdings. Df Dent Com Inc has invested 0.04% in Guidewire Software, Inc. (NYSE:GWRE). Nikko Asset Management Americas, a New York-based fund reported 794,600 shares. Gam Ag reported 74,200 shares or 0.17% of all its holdings. Raymond James Tru Na accumulated 3,301 shares. Lpl Finance Limited Com reported 0% of its portfolio in Guidewire Software, Inc. (NYSE:GWRE). Marshall Wace Llp owns 50,442 shares. Hitchwood Cap Mngmt Limited Partnership has 2.23% invested in Guidewire Software, Inc. (NYSE:GWRE) for 800,000 shares. Fiera Capital invested in 402,368 shares or 0.14% of the stock. Whittier Trust Communication has 0.06% invested in Guidewire Software, Inc. (NYSE:GWRE) for 21,910 shares. First Mercantile Tru Com owns 615 shares.

Investors sentiment increased to 7.95 in Q4 2017. Its up 6.45, from 1.5 in 2017Q3. It increased, as 9 investors sold ETM shares while 11 reduced holdings. 92 funds opened positions while 67 raised stakes. 222.30 million shares or 760.66% more from 25.83 million shares in 2017Q3 were reported. Comml Bank Of Ny Mellon Corporation holds 1.28M shares. Vanguard Gp holds 9.21M shares. Citadel Advsr Limited Com has invested 0% in Entercom Communications Corp. (NYSE:ETM). Moreover, Citigroup has 0.01% invested in Entercom Communications Corp. (NYSE:ETM) for 648,678 shares. Emerald Mutual Fund Advisers stated it has 0.3% of its portfolio in Entercom Communications Corp. (NYSE:ETM). Northwestern Mutual Wealth Management Co owns 0% invested in Entercom Communications Corp. (NYSE:ETM) for 74 shares. Moreover, Axa has 0% invested in Entercom Communications Corp. (NYSE:ETM). American Grp Inc Inc has 0% invested in Entercom Communications Corp. (NYSE:ETM). Credit Suisse Ag has 121,428 shares for 0% of their portfolio. Sg Americas Lc reported 34,233 shares or 0% of all its holdings. Boothbay Fund Mngmt Limited Liability invested 0.08% in Entercom Communications Corp. (NYSE:ETM). Newtyn Mgmt Ltd holds 0.56% or 336,455 shares. Hap Trading invested in 206,857 shares or 0.09% of the stock. Amalgamated Bank & Trust owns 17,172 shares for 0.01% of their portfolio. Brinker Cap holds 19,334 shares.

Since March 9, 2018, it had 7 buys, and 0 insider sales for $23.89 million activity.

Entercom Communications Corp. (NYSE:ETM) Institutional Positions Chart

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