Vancity Investment Management Ltd Takes Position in Guidewire Software, Inc. $GWRE

Key Points

• Vancity Investment Management Ltd has acquired a new position in Guidewire Software, Inc., purchasing 5,687 shares valued at approximately $1.07 million during the first quarter.
• Multiple institutional investors, including Vanguard Group Inc. and Massachusetts Financial Services Co., have increased their stakes in Guidewire Software, indicating growing confidence in the firm's prospects.
• Several analysts have recently raised their price targets for Guidewire Software, with an average target price now at $270.42 and a consensus rating of "Moderate Buy."

Vancity Investment Management Ltd acquired a new stake in shares of Guidewire Software, Inc. (NYSE:GWRE - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 5,687 shares of the technology company's stock, valued at approximately $1,066,000.

Several other institutional investors have also bought and sold shares of GWRE. SBI Securities Co. Ltd. lifted its holdings in shares of Guidewire Software by 403.8% in the 1st quarter. SBI Securities Co. Ltd. now owns 131 shares of the technology company's stock worth $25,000 after acquiring an additional 105 shares during the last quarter. Advisors Asset Management Inc. purchased a new position in Guidewire Software during the 1st quarter valued at about $25,000. Quarry LP purchased a new position in Guidewire Software during the 1st quarter valued at about $28,000. Rise Advisors LLC purchased a new position in shares of Guidewire Software in the 1st quarter worth approximately $31,000. Finally, MassMutual Private Wealth & Trust FSB grew its position in shares of Guidewire Software by 70.0% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 170 shares of the technology company's stock worth $32,000 after buying an additional 70 shares during the last quarter.

Wall Street Analysts Forecast Growth

GWRE has been the subject of a number of recent analyst reports. Raymond James Financial reiterated an "outperform" rating and issued a $275.00 target price (up from $255.00) on shares of Guidewire Software in a research note on Friday, September 5th. Wall Street Zen cut shares of Guidewire Software from a "buy" rating to a "hold" rating in a research note on Friday, September 5th. Oppenheimer boosted their price target on shares of Guidewire Software from $275.00 to $300.00 and gave the stock an "outperform" rating in a report on Friday, September 5th. Stifel Nicolaus boosted their price target on shares of Guidewire Software from $270.00 to $300.00 and gave the stock a "buy" rating in a report on Friday, September 5th. Finally, Wells Fargo & Company upped their target price on shares of Guidewire Software from $265.00 to $275.00 and gave the stock an "overweight" rating in a report on Friday, September 5th. Nine research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $274.08.

Guidewire Software Stock Down 0.1%

Guidewire Software stock traded down $0.23 during mid-day trading on Friday, hitting $252.96. The company had a trading volume of 535,859 shares, compared to its average volume of 959,134. The stock has a market cap of $21.30 billion, a price-to-earnings ratio of 316.20, a PEG ratio of 16.54 and a beta of 1.22. Guidewire Software, Inc. has a 1 year low of $165.08 and a 1 year high of $272.60. The company has a quick ratio of 3.23, a current ratio of 2.77 and a debt-to-equity ratio of 0.46. The business has a fifty day moving average of $223.55 and a 200 day moving average of $213.38.

Guidewire Software (NYSE:GWRE - Get Free Report) last announced its earnings results on Thursday, September 4th. The technology company reported $0.84 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.62 by $0.22. Guidewire Software had a net margin of 5.81% and a return on equity of 9.00%. The business had revenue of $356.57 million for the quarter, compared to analyst estimates of $337.82 million. During the same period last year, the firm posted $0.62 earnings per share. The company's revenue for the quarter was up 22.3% compared to the same quarter last year. Guidewire Software has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. On average, sell-side analysts expect that Guidewire Software, Inc. will post 0.52 earnings per share for the current fiscal year.

Insider Transactions at Guidewire Software

In other news, insider James Winston King sold 2,482 shares of Guidewire Software stock in a transaction on Monday, July 14th. The stock was sold at an average price of $220.65, for a total transaction of $547,653.30. Following the completion of the transaction, the insider owned 37,441 shares of the company's stock, valued at $8,261,356.65. The trade was a 6.22% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, President John P. Mullen sold 3,000 shares of Guidewire Software stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $235.05, for a total value of $705,150.00. Following the sale, the president owned 146,489 shares of the company's stock, valued at approximately $34,432,239.45. This represents a 2.01% decrease in their position. The disclosure for this sale can be found here. Insiders sold 30,941 shares of company stock valued at $6,987,551 in the last 90 days. 0.48% of the stock is currently owned by insiders.

About Guidewire Software

Guidewire Software, Inc provides a platform for property and casualty (P&C) insurers worldwide. The company offers Guidewire InsuranceSuite Cloud, such as PolicyCenter Cloud, BillingCenter Cloud, and ClaimCenter Cloud applications. It also provides Guidewire InsuranceNow, a cloud-based platform that offers policy, billing, and claims management functionality to insurers; and Guidewire InsuranceSuite for Self-Managed.