Irenic Capital Management LP Has $47.61 Million Stock Holdings in Workiva Inc. $WK

Posted by Brenda Bartman on Jun 18th, 2026

Irenic Capital Management LP grew its holdings in shares of Workiva Inc. (NYSE:WK – Free Report) by 11.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 552,010 shares of the software maker’s stock after acquiring an additional 55,000 shares during the period. Workiva comprises 3.2% of Irenic Capital Management LP’s holdings, making the stock its 5th largest holding. Irenic Capital Management LP owned about 0.98% of Workiva worth $47,611,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of WK. Assenagon Asset Management S.A. boosted its stake in shares of Workiva by 14,955.0% in the 4th quarter. Assenagon Asset Management S.A. now owns 740,102 shares of the software maker’s stock valued at $63,834,000 after purchasing an additional 735,186 shares during the last quarter. Comerica Bank raised its stake in Workiva by 28.8% during the fourth quarter. Comerica Bank now owns 151,317 shares of the software maker’s stock worth $13,051,000 after buying an additional 33,829 shares during the last quarter. Conestoga Capital Advisors LLC raised its stake in Workiva by 8.7% during the fourth quarter. Conestoga Capital Advisors LLC now owns 1,083,243 shares of the software maker’s stock worth $93,430,000 after buying an additional 87,056 shares during the last quarter. Eminence Capital LP raised its stake in Workiva by 40.7% during the third quarter. Eminence Capital LP now owns 3,723,546 shares of the software maker’s stock worth $320,523,000 after buying an additional 1,076,778 shares during the last quarter. Finally, Readystate Asset Management LP bought a new position in Workiva during the third quarter worth $31,955,000. Institutional investors own 92.21% of the company’s stock.

Insiders Place Their Bets

In other Workiva news, Director Robert H. Herz sold 1,000 shares of Workiva 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 sale, the director directly owned 34,802 shares of the company’s stock, valued at approximately $1,729,311.38. The trade was a 2.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 4.77% of the company’s stock.

Workiva Stock Down 2.2%

Shares of NYSE WK opened at $47.88 on Thursday. Workiva Inc. has a twelve month low of $43.34 and a twelve month high of $97.10. The company has a market capitalization of $2.69 billion, a PE ratio of 208.18 and a beta of 0.51. The firm has a fifty day simple moving average of $51.43 and a 200 day simple moving average of $66.41.

Workiva (NYSE:WK – Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The software maker reported $0.77 earnings per share for the quarter, beating the consensus estimate 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 the consensus estimate of $245.17 million. During the same period in the previous year, the firm posted $0.14 earnings per share. The business’s revenue 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. As a group, equities analysts expect that Workiva Inc. will post 0.92 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

WK has been the subject of a number of analyst reports. Truist Financial reissued a “buy” rating and set a $90.00 target price (down from $110.00) on shares of Workiva in a research note on Friday, February 20th. Weiss Ratings downgraded shares of Workiva from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, May 22nd. Stephens reissued an “overweight” rating and set a $68.00 target price on shares of Workiva in a research note on Tuesday, May 26th. Zacks Research raised shares of Workiva from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 13th. Finally, Citigroup reissued a “buy” rating on shares of Workiva in a research note on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $88.50.

Check Out Our Latest Stock Analysis on Workiva

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.