Praesidium Investment Management Company LLC Increases Stake in Workiva Inc. $WK

Posted by Brenda Bartman on Jun 13th, 2026

Praesidium Investment Management Company LLC increased its holdings in Workiva Inc. (NYSE:WK – Free Report) by 59.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 140,427 shares of the software maker’s stock after purchasing an additional 52,506 shares during the period. Workiva makes up about 2.2% of Praesidium Investment Management Company LLC’s holdings, making the stock its 12th biggest holding. Praesidium Investment Management Company LLC’s holdings in Workiva were worth $12,112,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in WK. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Workiva in the 4th quarter valued at $26,000. Leonteq Securities AG bought a new stake in Workiva during the 4th quarter valued at $27,000. EverSource Wealth Advisors LLC raised its holdings in Workiva by 217.9% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 391 shares of the software maker’s stock valued at $34,000 after buying an additional 268 shares during the last quarter. Allworth Financial LP raised its holdings in Workiva by 82.3% during the 3rd quarter. Allworth Financial LP now owns 412 shares of the software maker’s stock valued at $35,000 after buying an additional 186 shares during the last quarter. Finally, Quarry LP raised its holdings in Workiva by 396.3% during the 4th quarter. Quarry LP now owns 407 shares of the software maker’s stock valued at $35,000 after buying an additional 325 shares during the last quarter. Hedge funds and other institutional investors own 92.21% of the company’s stock.

Workiva Stock Performance

WK stock opened at $48.96 on Friday. The firm has a fifty day moving average price of $52.12 and a 200 day moving average price of $67.51. Workiva Inc. has a fifty-two week low of $43.34 and a fifty-two week high of $97.10. The firm has a market cap of $2.75 billion, a PE ratio of 212.86 and a beta of 0.51.

Workiva (NYSE:WK – Get Free Report) last posted its earnings results on Tuesday, May 5th. The software maker reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.11. Workiva had a net margin of 1.53% and a negative return on equity of 68.43%. The firm had revenue of $247.31 million during the quarter, compared to analyst estimates of $245.17 million. During the same period last year, the firm posted $0.14 earnings per share. Workiva’s revenue for the quarter was up 19.9% compared to the same quarter last year. Workiva has set its FY 2026 guidance at 2.850-2.950 EPS and its Q2 2026 guidance at 0.620-0.650 EPS. On average, equities analysts predict that Workiva Inc. will post 0.92 EPS for the current year.

Workiva announced that its board has authorized a stock repurchase plan on Monday, February 16th that permits the company to repurchase $250.00 million in shares. This repurchase authorization permits the software maker to repurchase up to 7.7% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

Analysts Set New Price Targets

WK has been the topic of several recent analyst reports. Robert W. Baird set a $74.00 price objective on shares of Workiva in a research report on Wednesday, May 6th. The Goldman Sachs Group restated a “buy” rating and set a $102.00 target price on shares of Workiva in a research note on Friday, February 20th. Stifel Nicolaus decreased their target price on shares of Workiva from $79.00 to $65.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Raymond James Financial restated an “outperform” rating and set a $85.00 target price on shares of Workiva in a research note on Wednesday, May 6th. Finally, BTIG Research decreased their target price on shares of Workiva from $90.00 to $80.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $88.50.

Get Our Latest Report on WK

Insider Buying and Selling at Workiva

In related news, Director Robert H. Herz sold 1,000 shares of the firm’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $49.69, for a total value of $49,690.00. Following the completion of the transaction, the director directly owned 34,802 shares of the company’s stock, valued at approximately $1,729,311.38. This trade represents a 2.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 4.77% of the company’s stock.

About Workiva

(Free Report)

Workiva, originally founded as WebFilings in 2008, delivers a cloud-native platform designed to streamline and connect data, documents and teams for reporting and compliance. Its flagship Workiva platform supports a range of applications including financial reporting, regulatory filings, internal controls documentation, risk management and environmental, social and governance (ESG) disclosures. By centralizing data and automating workflows, the company helps organizations improve accuracy, transparency and auditability across critical reporting processes.

The Workiva platform offers modular solutions that integrate with existing enterprise systems and data sources.