Workiva Inc (NYSE:WK) major shareholder Jerome M. Behar sold 13,843 shares of the stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $23.17, for a total value of $320,742.31. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.
Shares of Workiva Inc (WK) traded up $0.35 during midday trading on Friday, hitting $23.25. The stock had a trading volume of 179,025 shares, compared to its average volume of 131,851. The company has a market capitalization of $968.28, a price-to-earnings ratio of -25.55 and a beta of 0.63. The company has a debt-to-equity ratio of -1.29, a quick ratio of 0.90 and a current ratio of 0.90. Workiva Inc has a one year low of $12.85 and a one year high of $23.70.
Workiva (NYSE:WK) last announced its earnings results on Tuesday, November 7th. The software maker reported ($0.23) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.40) by $0.17. The firm had revenue of $52.10 million for the quarter, compared to the consensus estimate of $50.64 million. Workiva’s revenue for the quarter was up 16.6% on a year-over-year basis. During the same quarter last year, the business posted ($0.23) EPS. research analysts predict that Workiva Inc will post -1.1 earnings per share for the current fiscal year.
WK has been the subject of a number of recent analyst reports. Credit Suisse Group raised their price objective on Workiva from $19.00 to $21.00 and gave the company a “neutral” rating in a research report on Wednesday, November 8th. Stifel Nicolaus raised their price objective on Workiva from $23.00 to $24.00 and gave the company a “buy” rating in a research report on Wednesday, November 8th. SunTrust Banks reaffirmed a “buy” rating and issued a $24.00 price objective on shares of Workiva in a research report on Friday, November 3rd. Northland Securities reaffirmed a “buy” rating and issued a $23.00 price objective on shares of Workiva in a research report on Sunday, October 29th. Finally, Morgan Stanley increased their target price on Workiva from $18.00 to $19.00 and gave the stock an “equal weight” rating in a research note on Monday, October 23rd. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $22.14.
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Workiva Company Profile
Workiva Inc provides enterprises with cloud solutions for improving productivity, accountability and insight into business data. The Company created Wdesk, a collaborative work management platform for organizations to collect, link, report and analyze their business data. Wdesk’s word processing, spreadsheet and presentation applications are integrated and built upon a data management engine, offering synchronized data, controlled collaboration, granular permissions and a full audit trail.
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