As Guidewire Software (GWRE) Shares Rose, Next Century Growth Investors Has Decreased by $1.62 Million Its Holding; Microsoft (MSFT) Holder Perkins Coie Trust Company Trimmed Stake as Valuation Rose

June 20, 2018 - By Vivian Park

Guidewire Software, Inc. (NYSE:GWRE) Logo

Next Century Growth Investors Llc decreased its stake in Guidewire Software (GWRE) by 27.81% based on its latest 2018Q1 regulatory filing with the SEC. Next Century Growth Investors Llc sold 20,190 shares as the company’s stock rose 12.87% while stock markets declined. The institutional investor held 52,414 shares of the technology company at the end of 2018Q1, valued at $4.24M, down from 72,604 at the end of the previous reported quarter. Next Century Growth Investors Llc who had been investing in Guidewire Software for a number of months, seems to be less bullish one the $7.55 billion market cap company. The stock increased 0.60% or $0.56 during the last trading session, reaching $94.04. About 404,041 shares traded. Guidewire Software, Inc. (NYSE:GWRE) has risen 40.77% since June 20, 2017 and is uptrending. It has outperformed by 28.20% the S&P500. Some Historical GWRE News: 19/04/2018 – ConTe.it Implements Guidewire System for Underwriting, Policy Administration and Billing; 10/04/2018 – Seibels Deploys Guidewire Systems for Claims Management, Analytics, and Enhanced Customer Claims Experience; 07/03/2018 – GUIDEWIRE SOFTWARE, FILES MIXED SECURITIES SHELF; 06/03/2018 – GUIDEWIRE SOFTWARE INC SEES FISCAL 2018 GAAP NET LOSS PER SHARE $0.58 – $0.51; 10/05/2018 – Guidewire Presenting at JPMorgan Conference May 15; 15/05/2018 – icare Deploys Guidewire lnsurancePlatform™ to Provide High-Quality Customer Experience; 06/03/2018 – GUIDEWIRE SEES 3Q ADJ LOSS/SHR 3.0C TO $0, EST. EPS 14.0C; 03/04/2018 – Guidewire Wins Two XCelent Awards for Policy Administration; 20/04/2018 – DJ Guidewire Software Inc, Inst Holders, 1Q 2018 (GWRE); 06/03/2018 – GUIDEWIRE SOFTWARE INC SEES FISCAL 2018 NON GAAP SHR $0.98 – $1.04

Perkins Coie Trust Company decreased its stake in Microsoft Corp (MSFT) by 4.04% based on its latest 2018Q1 regulatory filing with the SEC. Perkins Coie Trust Company sold 3,659 shares as the company’s stock rose 3.08% while stock markets declined. The institutional investor held 86,904 shares of the prepackaged software company at the end of 2018Q1, valued at $7.93M, down from 90,563 at the end of the previous reported quarter. Perkins Coie Trust Company who had been investing in Microsoft Corp for a number of months, seems to be less bullish one the $783.84 billion market cap company. The stock increased 1.15% or $1.16 during the last trading session, reaching $102.02. About 19.27M shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 41.28% since June 20, 2017 and is uptrending. It has outperformed by 28.71% the S&P500. Some Historical MSFT News: 07/05/2018 – MSFT: DJI is teaming up with Microsoft for new Azure solutions #msbuild; 16/05/2018 – Microsoft attempted to launch an affordable Surface-branded laptop in 2012 with the release of the Surface RT; 16/05/2018 – ValueAct Dumps Microsoft, Express Scripts — Barron’s Blog; 07/05/2018 – Microsoft counts China as its second largest revenue stream, behind only the U.S., according to FactSet estimates; 05/03/2018 Archive360 to Showcase lndustry’s Only Legally Compliant Cloud-Based Data Archive for Microsoft Azure at the British Legal Technology Forum; 21/05/2018 – Microsoft Will Share Data, Tools to Speed Chinese AI Development; 15/05/2018 – Duquesne Adds Intel, Exits Facebook, Cuts Microsoft: 13F; 03/05/2018 – INVIVO Communications Inc. Accepted into the Microsoft Mixed Reality Partner Program (MRPP); 30/05/2018 – Microsoft gets ahead in the cloud; 17/04/2018 – Splunk Congratulates FCW Federal 100 Award Winner from U.S. Department of Health and Human Services

Next Century Growth Investors Llc, which manages about $3.86B and $749.49M US Long portfolio, upped its stake in Mastec Inc (NYSE:MTZ) by 79,021 shares to 204,407 shares, valued at $9.62M in 2018Q1, according to the filing. It also increased its holding in Techtarget (NASDAQ:TTGT) by 344,697 shares in the quarter, for a total of 749,205 shares, and has risen its stake in Vocera Communications (NYSE:VCRA).

Investors sentiment increased to 1.51 in 2018 Q1. Its up 0.03, from 1.48 in 2017Q4. It is positive, as 22 investors sold GWRE shares while 60 reduced holdings. 42 funds opened positions while 82 raised stakes. 81.79 million shares or 4.15% more from 78.53 million shares in 2017Q4 were reported. Eaton Vance Mngmt has invested 0% in Guidewire Software, Inc. (NYSE:GWRE). Shine Invest Advisory accumulated 0.04% or 932 shares. State Common Retirement Fund has invested 0.08% in Guidewire Software, Inc. (NYSE:GWRE). 419,999 were accumulated by Morgan Stanley. Cornerstone reported 0.02% in Guidewire Software, Inc. (NYSE:GWRE). 11,401 were accumulated by Guggenheim Capital Ltd Liability Co. Aperio Gru invested in 0% or 9,473 shares. Pub Employees Retirement Association Of Colorado invested in 0.12% or 216,530 shares. Valley National Advisers Inc has 0% invested in Guidewire Software, Inc. (NYSE:GWRE) for 11 shares. 3,307 were reported by Raymond James Tru Na. Moreover, Gru has 0% invested in Guidewire Software, Inc. (NYSE:GWRE). Verition Fund Ltd Liability Company reported 2,731 shares. Firsthand Management, California-based fund reported 55,000 shares. Deutsche Bancorporation Ag has 0.01% invested in Guidewire Software, Inc. (NYSE:GWRE) for 102,265 shares. Price T Rowe Associate Md holds 0.09% of its portfolio in Guidewire Software, Inc. (NYSE:GWRE) for 7.23M shares.

Since January 2, 2018, it had 0 insider buys, and 35 selling transactions for $12.29 million activity. Hart Richard also sold $29,021 worth of Guidewire Software, Inc. (NYSE:GWRE) shares. Another trade for 400 shares valued at $32,904 was made by Conway Craig on Monday, April 16. Ryu Marcus sold $620,132 worth of Guidewire Software, Inc. (NYSE:GWRE) on Monday, March 19. $13,078 worth of Guidewire Software, Inc. (NYSE:GWRE) was sold by Kheirolomoom Ali. 135 shares valued at $10,445 were sold by Hung Priscilla on Wednesday, April 4. Brown Andrew William Fraser had sold 2,585 shares worth $199,730 on Friday, January 12.

Among 14 analysts covering Guidewire Software (NYSE:GWRE), 11 have Buy rating, 0 Sell and 3 Hold. Therefore 79% are positive. Guidewire Software had 41 analyst reports since September 1, 2015 according to SRatingsIntel. The company was initiated on Tuesday, October 4 by Goldman Sachs. Deutsche Bank maintained Guidewire Software, Inc. (NYSE:GWRE) on Thursday, June 2 with “Buy” rating. The stock of Guidewire Software, Inc. (NYSE:GWRE) earned “Buy” rating by KeyBanc Capital Markets on Thursday, September 28. The firm has “Hold” rating by Stifel Nicolaus given on Wednesday, March 7. Goldman Sachs upgraded the shares of GWRE in report on Tuesday, April 4 to “Buy” rating. The firm has “Buy” rating given on Thursday, September 7 by Piper Jaffray. Deutsche Bank maintained the stock with “Buy” rating in Thursday, November 30 report. The firm has “Hold” rating given on Wednesday, June 6 by Stifel Nicolaus. The rating was maintained by KeyBanc Capital Markets on Tuesday, September 5 with “Buy”. On Thursday, June 7 the stock rating was maintained by DA Davidson with “Buy”.

More notable recent Guidewire Software, Inc. (NYSE:GWRE) news were published by: Businesswire.com which released: “Two XCelent Policy Administration Awards for Guidewire in EMEA” on June 14, 2018, also Investorplace.com with their article: “3 More Fintech Stocks to Put On Your Wish List” published on June 19, 2018, Nasdaq.com published: “Consolidated Research: 2018 Summary Expectations for KAR Auction Services, XPO Logistics, La-Z-Boy, Southwest …” on June 20, 2018. More interesting news about Guidewire Software, Inc. (NYSE:GWRE) were released by: Seekingalpha.com and their article: “Stocks To Watch: Eyes On Apple’s WWDC, SCOTUS And DC” published on June 02, 2018 as well as Businesswire.com‘s news article titled: “Saint-Christophe Deploys Guidewire System for Claims Management” with publication date: June 11, 2018.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on July, 19. They expect $1.08 EPS, up 10.20% or $0.10 from last year’s $0.98 per share. MSFT’s profit will be $8.30B for 23.62 P/E if the $1.08 EPS becomes a reality. After $0.95 actual EPS reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts 13.68% EPS growth.

Among 37 analysts covering Microsoft Corporation (NASDAQ:MSFT), 31 have Buy rating, 1 Sell and 5 Hold. Therefore 84% are positive. Microsoft Corporation had 196 analyst reports since July 22, 2015 according to SRatingsIntel. Wunderlich maintained Microsoft Corporation (NASDAQ:MSFT) rating on Wednesday, July 20. Wunderlich has “Hold” rating and $60 target. On Friday, December 18 the stock rating was upgraded by Goldman Sachs to “Neutral”. Stifel Nicolaus maintained Microsoft Corporation (NASDAQ:MSFT) on Monday, August 21 with “Buy” rating. Piper Jaffray initiated it with “Overweight” rating and $80 target in Thursday, December 22 report. UBS maintained the stock with “Buy” rating in Monday, November 23 report. The rating was maintained by Cowen & Co on Friday, July 21 with “Buy”. Credit Suisse maintained Microsoft Corporation (NASDAQ:MSFT) on Tuesday, April 24 with “Buy” rating. Evercore maintained Microsoft Corporation (NASDAQ:MSFT) rating on Friday, December 8. Evercore has “Buy” rating and $106.0 target. Credit Suisse maintained Microsoft Corporation (NASDAQ:MSFT) rating on Tuesday, September 26. Credit Suisse has “Buy” rating and $84.0 target. On Tuesday, June 5 the stock rating was maintained by Piper Jaffray with “Buy”.

Investors sentiment decreased to 0.74 in Q1 2018. Its down 0.03, from 0.77 in 2017Q4. It worsened, as 49 investors sold MSFT shares while 1035 reduced holdings. 142 funds opened positions while 665 raised stakes. 5.38 billion shares or 1.45% less from 5.46 billion shares in 2017Q4 were reported. Clark Mgmt Grp Inc reported 445,628 shares or 1.27% of all its holdings. Rhode Island-based Amica Mutual Insurance has invested 2.92% in Microsoft Corporation (NASDAQ:MSFT). Schwartz Counsel has 0.07% invested in Microsoft Corporation (NASDAQ:MSFT). United Service Automobile Association holds 2.08% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 8.47M shares. Banque Pictet Cie Sa has invested 1.22% in Microsoft Corporation (NASDAQ:MSFT). Scott And Selber, Texas-based fund reported 57,965 shares. Bowen Hanes And Incorporated holds 0.32% in Microsoft Corporation (NASDAQ:MSFT) or 75,286 shares. Td Cap Mngmt Limited Company reported 0.17% in Microsoft Corporation (NASDAQ:MSFT). Hollencrest Capital Management reported 63,943 shares stake. Mitchell Mcleod Pugh Williams Inc accumulated 31,951 shares. Hilltop Hldg Inc reported 0.7% in Microsoft Corporation (NASDAQ:MSFT). Dixon Hubard Feinour Brown Va owns 108,814 shares. Highland Cap Lc has 3.2% invested in Microsoft Corporation (NASDAQ:MSFT) for 448,249 shares. Schulhoff has invested 0.65% in Microsoft Corporation (NASDAQ:MSFT). Miller Mgmt Ltd Partnership stated it has 37,539 shares.

Since February 16, 2018, it had 1 buy, and 4 sales for $1.39 million activity. The insider PETERSON SANDRA E bought $550,606.

Guidewire Software, Inc. (NYSE:GWRE) Institutional Positions Chart

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Posts

>