Guidewire Now Takes Top IPO Of 2012 (GWRE)

Apps & Software

Published: March 15, 2012 3:10 pm

Guidewire Software, Inc. (NASDAQ: GWRE) is currently the best of the best of the IPO class of 2012. After pricing more than 8.8 million shares at $13.00 in late January, the lowest price seen has only been $16.45 and shares have just about doubled off of that lowest price. It would have made sense that this was a medical or some other sort of software company by the name of it, but Guidewire provides system software to the property and casualty insurance sector.

Shares are actually up almost 150% now after a new post-IPO high of $32.91 was put in. This move comes on the heels of earnings earlier in the week when shares were trading under $35.00. It is not that often that moves of this sort are common.

It was just over a week ago that the quiet period ended and here are the current research calls:

Neutral at Brigantine;
Neutral at Citigroup;
Buy at Deutsche Bank;
Overweight at JPMorgan;
Hold at Stifel Nicolaus.

JON C. OGG

100 Million Americans Are Missing This Crucial Retirement Tool

The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.

Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.

A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.

Click here to learn how to get a quote in just a few minutes.