23,868 Shares in Workiva Inc. $WK Acquired by University of Texas Texas AM Investment Management Co.

University of Texas Texas AM Investment Management Co. acquired a new position in Workiva Inc. (NYSE:WK) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 23,868 shares of the software maker’s stock, valued at approximately $1,634,000.

Several other institutional investors have also recently bought and sold shares of WK. SVB Wealth LLC bought a new position in Workiva in the 1st quarter worth approximately $26,000. Bayforest Capital Ltd bought a new position in Workiva in the 1st quarter worth approximately $39,000. Harbour Investments Inc. bought a new position in Workiva in the 1st quarter worth approximately $39,000. Bessemer Group Inc. raised its position in Workiva by 109.2% in the 1st quarter. Bessemer Group Inc. now owns 567 shares of the software maker’s stock worth $43,000 after purchasing an additional 296 shares during the last quarter. Finally, Hilltop National Bank bought a new position in Workiva in the 2nd quarter worth approximately $66,000. Institutional investors own 92.21% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on WK shares. Raymond James Financial dropped their target price on shares of Workiva from $105.00 to $95.00 and set an “outperform” rating for the company in a research report on Friday, August 1st. Wall Street Zen upgraded shares of Workiva from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Wolfe Research upped their target price on shares of Workiva from $85.00 to $95.00 and gave the company an “outperform” rating in a research report on Wednesday, September 10th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Workiva in a research report on Friday. Finally, Citigroup upped their target price on shares of Workiva from $105.00 to $110.00 and gave the company a “buy” rating in a research report on Thursday, September 11th. Ten investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $99.27.

Workiva Stock Down 0.5%

Shares of WK stock opened at $89.22 on Friday. Workiva Inc. has a 12-month low of $60.50 and a 12-month high of $116.83. The firm has a market capitalization of $5.00 billion, a price-to-earnings ratio of -74.35 and a beta of 0.87. The firm has a fifty day moving average of $82.88 and a 200-day moving average of $74.02.

Workiva (NYSE:WK) last announced its quarterly earnings results on Thursday, July 31st. The software maker reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.14. The firm had revenue of $215.19 million during the quarter, compared to analyst estimates of $208.92 million. Workiva’s quarterly revenue was up 21.2% on a year-over-year basis. During the same period last year, the firm earned $0.16 EPS. Workiva has set its FY 2025 guidance at 1.310-1.380 EPS. Q3 2025 guidance at 0.370-0.410 EPS. Research analysts expect that Workiva Inc. will post -0.92 earnings per share for the current year.

Workiva Company Profile

Workiva Inc, together with its subsidiaries, provides cloud-based reporting solutions in the United States and internationally. The company offers Workiva platform, a multi-tenant cloud software that provides data linking capabilities; audit trail services; administrators access management; and allows customers to connect data from multiple enterprise resource planning, human capital management, and customer relationship management systems, as well as other third-party cloud and on-premise applications.