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

Workiva Inc. (NYSE:WK) EVP Brandon Ziegler sold 6,571 shares of the firm’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $75.97, for a total transaction of $499,198.87. Following the completion of the transaction, the executive vice president directly 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 sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Workiva Stock Performance

WK stock opened at $74.75 on Friday. The business has a 50-day simple moving average of $57.07 and a two-hundred day simple moving average of $57.00. The company has a market capitalization of $4.19 billion, a P/E ratio of 91.16 and a beta of 0.46. Workiva Inc. has a 52-week low of $43.34 and a 52-week high of $97.10.

Workiva (NYSE:WK) last issued its quarterly earnings data on Tuesday, August 4th. The software maker reported $0.77 EPS for the quarter, topping the consensus estimate of $0.64 by $0.13. Workiva had a negative return on equity of 140.17% and a net margin of 4.87%.The firm had revenue of $255.29 million during the quarter, compared to the consensus estimate of $251.16 million. During the same period in the prior year, the business posted $0.19 earnings per share. The company’s quarterly revenue was up 18.6% compared to the same quarter last year. Workiva has set its FY 2026 guidance at 3.380-3.390 EPS and its Q3 2026 guidance at 0.790-0.820 EPS. As a group, sell-side analysts forecast that Workiva Inc. will post 1.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Wall Street Zen upgraded Workiva from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 25th. UBS Group set a $70.00 target price on shares of Workiva in a research note 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 reissued an “outperform” rating and set a $85.00 price target on shares of Workiva in a research report on Wednesday, May 6th. Finally, Weiss Ratings upgraded shares of Workiva from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Workiva presently has an average rating of “Moderate Buy” and an average target price of $84.75.

Institutional Trading of Workiva

A number of hedge funds have recently bought and sold shares of the business. Versant Capital Management Inc grew its stake in Workiva by 202.3% in the 2nd quarter. Versant Capital Management Inc now owns 532 shares of the software maker’s stock valued at $26,000 after purchasing an additional 356 shares during the period. Caitong International Asset Management Co. Ltd bought a new stake in shares of Workiva during the 4th quarter worth $26,000. Leonteq Securities AG bought a new stake in shares of Workiva during the 4th quarter worth $27,000. Allworth Financial LP boosted its holdings in shares of Workiva by 82.3% in the 3rd quarter. Allworth Financial LP now owns 412 shares of the software maker’s stock worth $35,000 after buying an additional 186 shares during the last quarter. Finally, Quarry LP boosted its holdings in shares of Workiva by 396.3% in the 4th quarter. Quarry LP now owns 407 shares of the software maker’s stock worth $35,000 after buying an additional 325 shares during the last quarter. 92.21% of the stock is currently owned by institutional investors.

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.