Old Mutual Global Investors UK Ltd. acquired a new stake in shares of Workiva Inc. (NYSE:WK) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 5,131 shares of the software maker’s stock, valued at approximately $106,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Swiss National Bank boosted its holdings in Workiva by 13.0% during the second quarter. Swiss National Bank now owns 39,021 shares of the software maker’s stock worth $743,000 after buying an additional 4,500 shares in the last quarter. Highwater Wealth Management LLC boosted its holdings in Workiva by 3.1% during the third quarter. Highwater Wealth Management LLC now owns 773,367 shares of the software maker’s stock worth $16,125,000 after buying an additional 23,367 shares in the last quarter. American International Group Inc. boosted its holdings in Workiva by 7.0% during the first quarter. American International Group Inc. now owns 13,520 shares of the software maker’s stock worth $212,000 after buying an additional 888 shares in the last quarter. Virtu KCG Holdings LLC bought a new stake in Workiva during the second quarter worth approximately $285,000. Finally, Schwab Charles Investment Management Inc. boosted its holdings in Workiva by 5.5% during the first quarter. Schwab Charles Investment Management Inc. now owns 72,076 shares of the software maker’s stock worth $1,128,000 after buying an additional 3,762 shares in the last quarter. Institutional investors and hedge funds own 32.15% of the company’s stock.

A number of analysts recently weighed in on WK shares. BidaskClub cut shares of Workiva from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 25th. Morgan Stanley restated an “equal weight” rating and set a $18.00 target price (up from $16.00) on shares of Workiva in a report on Tuesday, July 25th. Northland Securities restated a “buy” rating and set a $18.00 target price on shares of Workiva in a report on Friday, July 28th. Stifel Nicolaus restated a “buy” rating and set a $21.00 target price on shares of Workiva in a report on Friday, August 4th. Finally, SunTrust Banks, Inc. restated a “buy” rating and set a $24.00 target price (up from $22.00) on shares of Workiva in a report on Wednesday, September 20th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Workiva presently has a consensus rating of “Buy” and a consensus price target of $22.14.

In other Workiva news, major shareholder Jerome M. Behar sold 12,500 shares of the stock in a transaction that occurred on Wednesday, October 4th. The shares were sold at an average price of $22.05, for a total value of $275,625.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Jerome M. Behar sold 46,387 shares of the stock in a transaction that occurred on Friday, August 18th. The stock was sold at an average price of $20.00, for a total transaction of $927,740.00. The disclosure for this sale can be found here. Insiders sold a total of 324,319 shares of company stock valued at $6,611,239 in the last ninety days. Company insiders own 33.29% of the company’s stock.

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Workiva Inc. (WK) opened at $22.35 on Friday. Workiva Inc. has a 52 week low of $12.15 and a 52 week high of $23.70. The company has a debt-to-equity ratio of -1.29, a current ratio of 0.90 and a quick ratio of 0.98.

Workiva (NYSE:WK) last posted its quarterly earnings data on Tuesday, November 7th. The software maker reported ($0.23) EPS for the quarter, topping analysts’ consensus estimates of ($0.40) by $0.17. Workiva had a negative net margin of 18.83% and a negative return on equity of 13,251.94%. The firm had revenue of $52.10 million during the quarter, compared to analyst estimates of $50.64 million. During the same quarter last year, the business posted ($0.23) EPS. The company’s revenue was up 16.6% on a year-over-year basis. equities analysts expect that Workiva Inc. will post -1.09 EPS for the current fiscal year.

Workiva Profile

Workiva Inc provides enterprises with cloud solutions for improving productivity, accountability and insight into business data. The Company created Wdesk, a collaborative work management platform for organizations to collect, link, report and analyze their business data. Wdesk’s word processing, spreadsheet and presentation applications are integrated and built upon a data management engine, offering synchronized data, controlled collaboration, granular permissions and a full audit trail.

Institutional Ownership by Quarter for Workiva (NYSE:WK)

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