GS

Guidewire Software

GWRE
NYSEInformation Technology
$122.56
USD
+4.04(+3.41%)
At close: Jun 12, 20:00 UTC

Open

$123.10

Prev. Close

$123.05

High

$123.12

Low

$122.49

Market Snapshot

Market Cap

$10.38B

P/E Ratio

64.9

EPS

0.37

Revenue

$1.04B

Why GWRE moved

Entropy Technologies acquired 29,039 shares of Guidewire Software for $5.8 million, reflecting increased stakeholder investment in the insurance software sector.

About

Guidewire Software, Inc. is engaged in the provision of a technology platform, which combines core systems of record with digital, analytics, and artificial intelligence applications. The company is headquartered in San Mateo, California and currently employs 3,772 full-time employees. The company went IPO on 2011-11-24. The firm's foundational core products, InsuranceSuite and InsuranceNow, are delivered primarily as cloud-based subscription services. These products serve as transactional systems of record, fully supporting insurance operations, including product definition, policy administration, claims management and billing. The company provides digital engagement products that enable seamless sales, and omnichannel service. InsuranceSuite is a configurable and scalable product, delivered as a service, and primarily comprised of five core applications (PolicyCenter, ClaimCenter, BillingCenter, PricingCenter, and UnderwritingCenter) that can be subscribed to separately or together. InsuranceNow is a cloud-based application that offers policy administration, claims management, and billing functionality, plus pre-integrated document production, analytics, and other capabilities.

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