Workiva Inc. (NYSE:WK – Get Free Report) Director Robert Herz sold 1,000 shares of the company’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $49.69, for a total transaction of $49,690.00. Following the sale, the director 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 Securities & Exchange Commission, which is available at this hyperlink.
Workiva Price Performance
NYSE WK traded down $1.02 during trading on Tuesday, hitting $51.83. 1,115,455 shares of the company’s stock traded hands, compared to its average volume of 1,239,503. The stock has a fifty day moving average of $53.94 and a two-hundred day moving average of $69.94. Workiva Inc. has a 12-month low of $43.34 and a 12-month high of $97.10. The firm has a market cap of $2.91 billion, a P/E ratio of 224.63 and a beta of 0.54.
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 (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.11. The business had revenue of $247.31 million during the quarter, compared to analyst estimates of $245.17 million. Workiva had a net margin of 1.53% and a negative return on equity of 68.43%. The company’s revenue was up 19.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.14 earnings per share. 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, analysts expect that Workiva Inc. will post 0.92 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Workiva
Institutional investors have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Workiva during the fourth quarter valued at approximately $26,000. Leonteq Securities AG purchased a new stake in shares of Workiva during the fourth quarter valued at approximately $27,000. EverSource Wealth Advisors LLC boosted its holdings in Workiva by 217.9% in the third quarter. EverSource Wealth Advisors LLC now owns 391 shares of the software maker’s stock worth $34,000 after purchasing an additional 268 shares during the last quarter. Quarry LP boosted its holdings in Workiva by 396.3% in the fourth quarter. Quarry LP now owns 407 shares of the software maker’s stock worth $35,000 after purchasing an additional 325 shares during the last quarter. Finally, Allworth Financial LP boosted its holdings in Workiva by 82.3% in the third quarter. Allworth Financial LP now owns 412 shares of the software maker’s stock worth $35,000 after purchasing an additional 186 shares during the last quarter. Hedge funds and other institutional investors own 92.21% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages have recently commented on WK. Zacks Research raised shares of Workiva from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 13th. Robert W. Baird set a $74.00 price objective on shares of Workiva in a research note on Wednesday, May 6th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $102.00 price objective 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. Finally, BTIG Research lowered their price objective on shares of Workiva from $90.00 to $80.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Workiva has an average rating of “Moderate Buy” and an average target price of $88.50.
Check Out Our Latest Report on WK
Workiva Company Profile
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.
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