Siren L.L.C. Acquires 13,377 Shares of Workiva Inc. $WK

Siren L.L.C. increased its stake in Workiva Inc. (NYSE:WK) by 16.9% in the 1st quarter, HoldingsChannel reports. The fund owned 92,500 shares of the software maker’s stock after acquiring an additional 13,377 shares during the period. Siren L.L.C.’s holdings in Workiva were worth $5,516,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Hotchkis & Wiley Capital Management LLC bought a new stake in Workiva during the third quarter worth approximately $88,289,000. Norges Bank bought a new stake in shares of Workiva in the 4th quarter valued at approximately $53,375,000. Barclays PLC lifted its stake in shares of Workiva by 531.6% in the 4th quarter. Barclays PLC now owns 582,586 shares of the software maker’s stock valued at $50,248,000 after purchasing an additional 490,351 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of Workiva by 179.2% in the 4th quarter. AQR Capital Management LLC now owns 522,304 shares of the software maker’s stock worth $45,049,000 after purchasing an additional 335,221 shares during the period. Finally, UBS Group AG boosted its holdings in shares of Workiva by 40.8% in the 3rd quarter. UBS Group AG now owns 778,118 shares of the software maker’s stock worth $66,980,000 after purchasing an additional 225,449 shares during the period. 92.21% of the stock is owned by institutional investors.

Workiva Price Performance

Shares of NYSE:WK opened at $50.72 on Friday. Workiva Inc. has a 1 year low of $43.34 and a 1 year high of $97.10. The business has a 50 day simple moving average of $50.35 and a two-hundred day simple moving average of $59.61. The firm has a market capitalization of $2.85 billion, a PE ratio of 220.51 and a beta of 0.50.

Workiva (NYSE:WK) last issued its quarterly earnings results on Tuesday, May 5th. The software maker reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.11. Workiva had a negative return on equity of 68.43% and a net margin of 1.53%.The firm had revenue of $247.31 million for the quarter, compared to the consensus estimate of $245.17 million. During the same period in the prior year, the business posted $0.14 earnings per share. The company’s revenue for the quarter was up 19.9% on a year-over-year basis. Workiva has set its FY 2026 guidance at 2.850-2.950 EPS and its Q2 2026 guidance at 0.620-0.650 EPS. Equities research analysts expect that Workiva Inc. will post 0.92 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently weighed in on WK. Raymond James Financial reissued an “outperform” rating and set a $85.00 target price on shares of Workiva in a research report on Wednesday, May 6th. Wall Street Zen downgraded Workiva from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 4th. Weiss Ratings lowered shares of Workiva from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, May 22nd. BTIG Research cut their price objective on shares of Workiva from $90.00 to $80.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Finally, Robert W. Baird set a $74.00 target price on shares of Workiva in a research note on Wednesday, May 6th. Ten investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $88.50.

Insider Buying and Selling

In other Workiva news, Director Robert H. Herz sold 1,000 shares of the company’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $49.69, for a total value of $49,690.00. Following the transaction, the director owned 34,802 shares of the company’s stock, valued at $1,729,311.38. This represents a 2.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 4.77% of the stock is owned by company insiders.

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.