Azimuth Capital Management Increases Holding in Guidewire Software (GW…


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Azimuth Capital Management Llc increased its stake in Guidewire Software (GWRE) by 13.81% based on its latest 2018Q3 regulatory filing with the SEC. Azimuth Capital Management Llc bought 8,245 shares as the company’s stock declined 13.19% with the market. The institutional investor held 67,935 shares of the technology company at the end of 2018Q3, valued at $6.86 million, up from 59,690 at the end of the previous reported quarter. Azimuth Capital Management Llc who had been investing in Guidewire Software for a number of months, seems to be bullish on the $6.83B market cap company. The stock increased 0.16% or $0.14 during the last trading session, reaching $84.29. About 104,590 shares traded. Guidewire Software, Inc. (NYSE:GWRE) has risen 17.23% since January 30, 2018 and is uptrending. It has outperformed by 17.23% the S&P500. Some Historical GWRE News: 09/03/2018 – GUIDEWIRE – OFFERING OF NOTES UPSIZED FROM PREVIOUS AGGREGATE PRINCIPAL AMOUNT OF $300 MLN; 07/03/2018 – GUIDEWIRE SOFTWARE, REPORTS PROPOSED PUBLIC OFFERINGS OF $200M; 06/03/2018 – GUIDEWIRE 2Q REV. $163.8M, EST. $154.2M; 15/03/2018 – Mitsui Sumitomo Marine Management (U.S.A.) Deploys Guidewire Cloud-Based System to Adapt its Commercial Lines for Success; 02/05/2018 – Guidewire Named One of Highest-Rated Public Cloud Computing Companies to Work For; 06/03/2018 – GUIDEWIRE SOFTWARE INC SEES FISCAL 2018 GAAP NET LOSS PER SHARE $0.58 – $0.51; 07/03/2018 – GUIDEWIRE SOFTWARE, FILES MIXED SECURITIES SHELF; 29/03/2018 – California Casualty Selects Guidewire Systems for Real-Time and Predictive Analytics; 19/04/2018 – ConTe.it Implements Guidewire System for Underwriting, Policy Administration and Billing; 16/04/2018 – Seibels Announces Successful Deployment of Guidewire Claims Systems for Clients

Sei Investments Company decreased its stake in Sap Se (SAP) by 53% based on its latest 2018Q3 regulatory filing with the SEC. Sei Investments Company sold 85,640 shares as the company’s stock declined 13.83% with the market. The institutional investor held 75,951 shares of the prepackaged software company at the end of 2018Q3, valued at $9.26 million, down from 161,591 at the end of the previous reported quarter. Sei Investments Company who had been investing in Sap Se for a number of months, seems to be less bullish one the $121.46 billion market cap company. The stock decreased 1.05% or $1.08 during the last trading session, reaching $101.61. About 763,443 shares traded. SAP SE (NYSE:SAP) has declined 9.36% since January 30, 2018 and is downtrending. It has underperformed by 9.36% the S&P500. Some Historical SAP News: 17/05/2018 – SAP: Gerhard Oswald Elected to Supervisory Board Effective Jan. 1 2019; 24/05/2018 – Spinnaker Support Named to CIOReview’s Top 20 Most Promising SAP Solution Providers 2018; 08/03/2018 – Red Hat Brings the Power and Flexibility of Red Hat Virtualization to SAP HANA® Environments; 12/04/2018 – Aasonn Partners With PeopleDoc To Further SAP® SuccessFactors® By Providing A Complete HR Service Delivery Platform; 24/04/2018 – SAP RAISES 2018 NON-IFRS OPERATING PROFIT OUTLOOK TO 7.35-7.5 BLN EUROS FROM 7.3-7.5 BLN; 03/05/2018 – Accenture to Co-Develop Digital Defense and Security Solution with SAP, Helping Defense Agencies Accelerate Digital Capabilities; 15/05/2018 – SAP Receives Global Certification for Data Protection and Privacy from BSI; 24/05/2018 – Workiva Signs OEM Agreement with SAP to Offer SAP® Cloud Platform Integration with the Workiva Wdesk Platform; 07/05/2018 – Former SAP Media Executive Appointed Co-Founder by Ad-tech Start-Up, Adzymic, Focusing on Dynamic Creative Management Solution; 08/03/2018 – Germany’s SAP says payments to scandal-hit Gupta entities more than thought

Among 21 analysts covering Sap Ag (NYSE:SAP), 13 have Buy rating, 1 Sell and 7 Hold. Therefore 62% are positive. Sap Ag had 65 analyst reports since July 23, 2015 according to SRatingsIntel. On Thursday, July 20 the stock rating was maintained by Oppenheimer with “Buy”. The rating was maintained by BMO Capital Markets with “Market Perform” on Wednesday, January 25. On Monday, February 12 the stock rating was maintained by Stifel Nicolaus with “Sell”. The stock of SAP SE (NYSE:SAP) earned “Market Perform” rating by BMO Capital Markets on Wednesday, April 26. The firm has “Buy” rating given on Thursday, July 20 by Cowen & Co. The firm has “Hold” rating by RBC Capital Markets given on Monday, July 17. The stock has “Neutral” rating by UBS on Monday, March 27. The rating was maintained by BMO Capital Markets on Tuesday, January 30 with “Hold”. Stifel Nicolaus maintained SAP SE (NYSE:SAP) on Tuesday, October 10 with “Sell” rating. The stock of SAP SE (NYSE:SAP) earned “Hold” rating by RBC Capital Markets on Friday, April 20.

Sei Investments Company, which manages about $27.59 billion US Long portfolio, upped its stake in Southern Copper Corp (NYSE:SCCO) by 31,255 shares to 301,762 shares, valued at $13.01M in 2018Q3, according to the filing. It also increased its holding in National Instrs Corp (NASDAQ:NATI) by 80,760 shares in the quarter, for a total of 185,754 shares, and has risen its stake in Cedar Fair LP (NYSE:FUN).

More notable recent SAP SE (NYSE:SAP) news were published by: Prnewswire.com which released: “SAP Completes Acquisition of Qualtrics – PRNewswire” on January 23, 2019, also Businesswire.com with their article: “Kronos Announces Global Agreement for SAP to Resell Workforce Dimensions – Business Wire” published on January 08, 2019, Seekingalpha.com published: “SAP: Buy The Dip – Seeking Alpha” on January 30, 2019. More interesting news about SAP SE (NYSE:SAP) were released by: Prnewswire.com and their article: “SAP.iO No Boundaries to Fund and Incubate Over 200 Startups Led by Women and Minorities – PRNewswire” published on January 21, 2019 as well as Seekingalpha.com‘s news article titled: “SAP SE (SAP) CEO William McDermott on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” with publication date: January 29, 2019.

Investors sentiment increased to 1.42 in 2018 Q3. Its up 0.23, from 1.19 in 2018Q2. It improved, as 19 investors sold GWRE shares while 76 reduced holdings. 57 funds opened positions while 78 raised stakes. 80.52 million shares or 3.40% less from 83.35 million shares in 2018Q2 were reported. Sva Plumb Wealth Ltd Limited Liability Company holds 0.32% of its portfolio in Guidewire Software, Inc. (NYSE:GWRE) for 31,441 shares. Jennison Assocs Ltd Co holds 0.06% or 606,838 shares. Westfield Capital Communications Lp invested 0.41% in Guidewire Software, Inc. (NYSE:GWRE). Credit Suisse Ag has invested 0% of its portfolio in Guidewire Software, Inc. (NYSE:GWRE). Linscomb Williams Incorporated holds 0.03% in Guidewire Software, Inc. (NYSE:GWRE) or 3,109 shares. Millennium Mgmt Limited Com owns 132,852 shares. Amp Capital Invsts Ltd owns 12,800 shares or 0.01% of their US portfolio. Wg Shaheen Assocs Dba Whitney Communications invested in 0% or 20 shares. Brandywine Managers Ltd Liability Com has 0.44% invested in Guidewire Software, Inc. (NYSE:GWRE) for 10,265 shares. Carroll Financial Assoc Incorporated owns 14 shares for 0% of their portfolio. Reilly Advisors Ltd Co holds 184 shares. Us Savings Bank De accumulated 8,179 shares. 10,357 were reported by Shell Asset Management. Brinker Capital reported 12,512 shares or 0.05% of all its holdings. Connable Office invested 0.08% of its portfolio in Guidewire Software, Inc. (NYSE:GWRE).

More notable recent Guidewire Software, Inc. (NYSE:GWRE) news were published by: Seekingalpha.com which released: “Guidewire Software: Breaking Out To Record Highs – Seeking Alpha” on March 08, 2018, also Profitconfidential.com with their article: “GWRE Stock Is Cruising Ahead in the InsurTech Space – Profit Confidential” published on November 29, 2018, Seekingalpha.com published: “Guidewire Software: Too Expensive To Consider – Seeking Alpha” on June 25, 2018. More interesting news about Guidewire Software, Inc. (NYSE:GWRE) were released by: Seekingalpha.com and their article: “Fintech ETFs outperform the S&P in 2018 – Seeking Alpha” published on December 31, 2018 as well as Businesswire.com‘s news article titled: “Guidewire ClaimCenter Selected by Rakuten General Insurance Co., Ltd. for Automobile Insurance – Business Wire” with publication date: January 15, 2019.

Azimuth Capital Management Llc, which manages about $1.49 billion US Long portfolio, decreased its stake in Estee Lauder Cl A (NYSE:EL) by 56,061 shares to 35,055 shares, valued at $5.09 million in 2018Q3, according to the filing. It also reduced its holding in Goldman Sachs Bdc Inc by 15,945 shares in the quarter, leaving it with 152,345 shares, and cut its stake in Signature Bank Ny (NASDAQ:SBNY).

Since August 1, 2018, it had 0 buys, and 25 sales for $15.05 million activity. 2,976 shares valued at $242,710 were sold by King James Winston on Tuesday, December 18. Polelle Michael sold $87,117 worth of stock or 1,004 shares. $13,687 worth of stock was sold by Hung Priscilla on Tuesday, September 4. DUBOIS GUY sold $67,830 worth of stock. 20,822 shares were sold by Ryu Marcus, worth $2.09 million. Another trade for 4,574 shares valued at $373,220 was made by Sherry Steven P. on Tuesday, December 18.

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




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