Workiva Inc. $WK Shares Sold by Eminence Capital LP

Eminence Capital LP lessened its holdings in Workiva Inc. (NYSE:WK) by 0.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,706,152 shares of the software maker’s stock after selling 17,394 shares during the period. Workiva comprises 5.1% of Eminence Capital LP’s investment portfolio, making the stock its 4th biggest holding. Eminence Capital LP owned 6.60% of Workiva worth $319,656,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd bought a new stake in Workiva during the 4th quarter worth approximately $26,000. Leonteq Securities AG bought a new stake in shares of Workiva in the 4th quarter worth $27,000. EverSource Wealth Advisors LLC raised its holdings in shares of Workiva by 217.9% in the third quarter. EverSource Wealth Advisors LLC now owns 391 shares of the software maker’s stock valued at $34,000 after purchasing an additional 268 shares during the last quarter. Quarry LP lifted its holdings in Workiva by 396.3% during the fourth quarter. Quarry LP now owns 407 shares of the software maker’s stock worth $35,000 after acquiring an additional 325 shares during the period. Finally, Allworth Financial LP boosted its position in Workiva by 82.3% in the third quarter. Allworth Financial LP now owns 412 shares of the software maker’s stock worth $35,000 after purchasing an additional 186 shares during the last quarter. Institutional investors own 92.21% of the company’s stock.

Insider Buying and Selling

In other Workiva news, Director Robert H. Herz sold 1,000 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the director owned 34,802 shares of the company’s stock, valued at $1,729,311.38. The trade was a 2.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 4.77% of the stock is currently owned by corporate insiders.

Workiva Stock Down 2.2%

Shares of NYSE WK opened at $47.88 on Thursday. The stock’s 50-day simple moving average is $51.43 and its two-hundred day simple moving average is $66.41. Workiva Inc. has a twelve month low of $43.34 and a twelve month high of $97.10. The firm has a market capitalization of $2.69 billion, a P/E ratio of 208.18 and a beta of 0.51.

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

Analysts Set New Price Targets

A number of research firms have issued reports on WK. Citigroup reissued a “buy” rating on shares of Workiva in a research report on Monday, February 23rd. Robert W. Baird set a $74.00 target price on Workiva in a report on Wednesday, May 6th. Stifel Nicolaus lowered their price target on shares of Workiva from $79.00 to $65.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Weiss Ratings lowered shares of Workiva from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, May 22nd. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $102.00 target price on shares of Workiva in a report on Friday, February 20th. One research 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, the company currently has a consensus rating of “Moderate Buy” and an average price target of $88.50.

About Workiva

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.