Connor Clark & Lunn Investment Management Ltd. Acquires New Stake in Guidewire Software, Inc. $GWRE

Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Guidewire Software, Inc. (NYSE:GWRE) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 16,188 shares of the technology company’s stock, valued at approximately $3,811,000.

A number of other large investors have also modified their holdings of GWRE. SBI Securities Co. Ltd. lifted its stake in shares of Guidewire Software by 403.8% in the first quarter. SBI Securities Co. Ltd. now owns 131 shares of the technology company’s stock worth $25,000 after buying an additional 105 shares in the last quarter. Advisors Asset Management Inc. purchased a new position in Guidewire Software in the 1st quarter worth approximately $25,000. Westside Investment Management Inc. acquired a new position in shares of Guidewire Software during the 2nd quarter worth approximately $32,000. Quarry LP purchased a new stake in shares of Guidewire Software in the first quarter valued at approximately $28,000. Finally, Rise Advisors LLC acquired a new stake in shares of Guidewire Software in the first quarter valued at approximately $31,000.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on GWRE shares. Stifel Nicolaus boosted their price objective on Guidewire Software from $270.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, September 5th. DA Davidson boosted their price target on shares of Guidewire Software from $246.00 to $250.00 and gave the company a “neutral” rating in a research report on Monday, September 8th. Robert W. Baird upped their price objective on shares of Guidewire Software from $270.00 to $288.00 and gave the company an “outperform” rating in a report on Friday, September 5th. Royal Bank Of Canada lifted their target price on shares of Guidewire Software from $290.00 to $300.00 and gave the stock an “outperform” rating in a research note on Friday, September 5th. Finally, Wall Street Zen cut shares of Guidewire Software from a “buy” rating to a “hold” rating in a research note on Friday, September 5th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $274.08.

Insider Activity at Guidewire Software

In other news, CEO Michael George Rosenbaum sold 1,400 shares of the stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $218.53, for a total transaction of $305,942.00. Following the sale, the chief executive officer owned 253,758 shares of the company’s stock, valued at approximately $55,453,735.74. This represents a 0.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President John P. Mullen sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $231.85, for a total transaction of $695,550.00. Following the completion of the transaction, the president directly owned 152,958 shares of the company’s stock, valued at approximately $35,463,312.30. The trade was a 1.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 113,743 shares of company stock worth $27,394,511. 0.46% of the stock is currently owned by company insiders.

Guidewire Software Trading Up 1.7%

Shares of GWRE stock opened at $222.02 on Friday. Guidewire Software, Inc. has a 1-year low of $165.08 and a 1-year high of $272.60. The firm has a market cap of $18.88 billion, a PE ratio of 277.52, a price-to-earnings-growth ratio of 14.73 and a beta of 1.19. The company has a 50-day moving average of $238.24 and a two-hundred day moving average of $228.74. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.77 and a quick ratio of 2.77.

Guidewire Software (NYSE:GWRE) last posted its quarterly earnings data on Thursday, September 4th. The technology company reported $0.84 earnings per share for the quarter, topping analysts’ consensus estimates of $0.62 by $0.22. The firm had revenue of $356.57 million during the quarter, compared to analysts’ expectations of $337.82 million. Guidewire Software had a net margin of 5.81% and a return on equity of 9.00%. The firm’s quarterly revenue was up 22.3% on a year-over-year basis. During the same quarter last year, the company posted $0.62 EPS. Guidewire Software has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. On average, analysts predict that Guidewire Software, Inc. will post 0.52 EPS for the current year.

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.