Shares of Guidewire Software (GWRE) Sees Large Outflow of Money

Guidewire Software (GWRE) : The total negative money flow of $2.59 million on Thursday indicates selling on strength. The inflow of money on upticks was $1.98 million, compared to $4.57 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.43. The negative money flow of $2.81 million in block trades reveals that the informed traders sold the stock on every bit of price strength.The transaction value of block trade on downtick was $2.81 million. The price action in the Guidewire Software (GWRE) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $63.34 with a gain of $0.29 , a change of 0.46% over the previous days close. The stock registered 0.09% for the week.


The stock has recorded a 20-day Moving Average of 3.03% and the 50-Day Moving Average is 6.23%. Shares have rallied 11.58% from its 1 Year high price. On Dec 2, 2015, the shares registered one year high at $64.78 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $60.49 and the 200 Day Moving Average price is recorded at $55.50.

Guidewire Software (NYSE:GWRE): The stock opened at $63.84 on Thursday but the bulls could not build on the opening and the stock topped out at $63.84 for the day. The stock traded down to $62.97 during the day, due to lack of any buying support eventually closed down at $63.04 with a loss of -0.02% for the day. The stock had closed at $63.05 on the previous day. The total traded volume was 263,151 shares.

In an insider trading activity, Roza Scott, officer (Chief Business Officer) of Guidewire Software, Inc., unloaded 094 shares at an average price of $60.62 on July 5, 2016. The total amount of the transaction was worth $5,698, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Guidewire Software, Inc. is a provider of software products for property and casualty (P&C) insurers. The Companys software serves as a technology platform for P&C insurance carriers. Its platform consists of three products: core transaction processing, data management and analytics, and digital engagement. The Company sells its products to a variety of insurance carriers ranging from global insurers to national carriers to regional carriers. Its core transaction processing includes Guidewire InsuranceSuite, Guidewire PolicyCenter, Guidewire ClaimCenter, Guidewire BillingCenter and InsuranceSuite Add-on Modules. InsuranceSuite Add-on Modules includes Guidewire Rating Management, Guidewire Reinsurance Management, Guidewire Client Data Management, Guidewire Standards-Based Templates and Guidewire London Market Messaging. Its data management and analytics includes Guidewire DataHub, Guidewire InfoCenter and Guidewire Live, and digital engagement includes Guidewire Digital Portals.

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