Workiva (NYSE:WK) Director Robert Herz Sells 1,000 Shares

Workiva Inc. (NYSE:WK) Director Robert Herz sold 1,000 shares of the stock in a transaction on Friday, May 29th. The shares were sold at an average price of $49.69, for a total value of $49,690.00. Following the transaction, the director directly owned 34,802 shares of the company’s stock, valued at approximately $1,729,311.38. This trade represents a 2.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Workiva Price Performance

Workiva stock opened at $51.83 on Wednesday. Workiva Inc. has a one year low of $43.34 and a one year high of $97.10. The business has a fifty day moving average price of $53.94 and a 200-day moving average price of $69.94. The firm has a market capitalization of $2.91 billion, a P/E ratio of 225.36 and a beta of 0.51.

Workiva (NYSE:WK) last posted its quarterly earnings results on Tuesday, May 5th. The software maker reported $0.77 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $245.17 million. During the same period last year, the company earned $0.14 earnings per share. The business’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. Sell-side analysts expect that Workiva Inc. will post 0.92 earnings per share for the current fiscal year.

Workiva declared that its board has approved a share buyback program on Monday, February 16th that authorizes the company to repurchase $250.00 million in shares. This repurchase authorization authorizes the software maker to repurchase up to 7.7% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Institutional Investors Weigh In On Workiva

Several large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its stake in Workiva by 0.7% during the third quarter. Vanguard Group Inc. now owns 6,281,317 shares of the software maker’s stock valued at $540,696,000 after buying an additional 46,254 shares during the period. Eminence Capital LP boosted its stake in Workiva by 40.7% during the third quarter. Eminence Capital LP now owns 3,723,546 shares of the software maker’s stock valued at $320,523,000 after buying an additional 1,076,778 shares during the period. Arrowstreet Capital Limited Partnership boosted its stake in Workiva by 88.5% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,109,646 shares of the software maker’s stock valued at $66,168,000 after buying an additional 520,839 shares during the period. Hawk Ridge Capital Management LP bought a new stake in Workiva during the first quarter valued at $65,091,000. Finally, Conestoga Capital Advisors LLC boosted its stake in Workiva by 8.7% during the fourth quarter. Conestoga Capital Advisors LLC now owns 1,083,243 shares of the software maker’s stock valued at $93,430,000 after buying an additional 87,056 shares during the period. Institutional investors own 92.21% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on WK shares. Zacks Research raised Workiva from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 13th. Weiss Ratings lowered Workiva from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 22nd. Truist Financial reaffirmed a “buy” rating and issued a $90.00 price target (down from $110.00) on shares of Workiva in a report on Friday, February 20th. Robert W. Baird set a $74.00 price objective on Workiva in a research note on Wednesday, May 6th. Finally, Citigroup reissued a “buy” rating on shares of Workiva in a research note on Monday, February 23rd. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $88.50.

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.