Workiva (NYSE:WK) EVP Brandon Ziegler Sells 6,571 Shares

Workiva Inc. (NYSE:WK) EVP Brandon Ziegler sold 6,571 shares of the firm’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $75.97, for a total transaction of $499,198.87. Following the sale, the executive vice president owned 126,216 shares in the company, valued at approximately $9,588,629.52. The trade was a 4.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Workiva Price Performance

WK opened at $74.75 on Friday. The company has a 50 day simple moving average of $57.07 and a two-hundred day simple moving average of $57.00. The firm has a market cap of $4.19 billion, a P/E ratio of 91.16 and a beta of 0.46. Workiva Inc. has a 1-year low of $43.34 and a 1-year high of $97.10.

Workiva (NYSE:WK) last released its earnings results on Tuesday, August 4th. The software maker reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.13. The company had revenue of $255.29 million for the quarter, compared to analysts’ expectations of $251.16 million. Workiva had a net margin of 4.87% and a negative return on equity of 140.17%. Workiva’s revenue for the quarter was up 18.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.19 EPS. Workiva has set its FY 2026 guidance at 3.380-3.390 EPS and its Q3 2026 guidance at 0.790-0.820 EPS. Equities analysts anticipate that Workiva Inc. will post 1.31 earnings per share for the current year.

Institutional Investors Weigh In On Workiva

A number of hedge funds have recently bought and sold shares of the business. Nykredit A S purchased a new position in shares of Workiva in the 2nd quarter worth $180,000. Wellington Management Group LLP purchased a new stake in shares of Workiva during the 2nd quarter valued at about $1,801,000. Praesidium Investment Management Company LLC purchased a new position in Workiva in the second quarter worth about $4,619,025,000. Ranger Investment Management L.P. bought a new stake in Workiva during the second quarter worth approximately $12,950,000. Finally, Madison Asset Management LLC bought a new stake in Workiva during the second quarter worth approximately $4,365,000. Hedge funds and other institutional investors own 92.21% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on the company. UBS Group set a $70.00 price target on Workiva in a report on Wednesday, August 5th. Stifel Nicolaus set a $70.00 target price on shares of Workiva in a report on Wednesday, August 5th. Raymond James Financial reiterated an “outperform” rating and issued a $85.00 price target on shares of Workiva in a report on Wednesday, May 6th. Zacks Research raised shares of Workiva from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 11th. Finally, Weiss Ratings raised Workiva from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, August 6th. One 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 company. Based on data from MarketBeat.com, Workiva has a consensus rating of “Moderate Buy” and an average target price of $84.75.

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.