13D Management LLC Acquires New Shares in Workiva Inc. $WK

13D Management LLC acquired a new position in shares of Workiva Inc. (NYSE:WK) during the 4th quarter, Holdings Channel.com reports. The firm acquired 52,000 shares of the software maker’s stock, valued at approximately $4,485,000. Workiva makes up 5.3% of 13D Management LLC’s portfolio, making the stock its 10th biggest holding.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Graham Capital Management L.P. bought a new position in Workiva during the 4th quarter worth about $392,000. Magnetar Financial LLC acquired a new stake in Workiva in the 4th quarter valued at approximately $327,000. Vanguard Personalized Indexing Management LLC lifted its stake in Workiva by 10.5% in the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 4,368 shares of the software maker’s stock valued at $377,000 after acquiring an additional 416 shares in the last quarter. Panagora Asset Management Inc. lifted its stake in Workiva by 33.1% in the 4th quarter. Panagora Asset Management Inc. now owns 85,664 shares of the software maker’s stock valued at $7,389,000 after acquiring an additional 21,295 shares in the last quarter. Finally, Mariner LLC boosted its position in Workiva by 96.0% during the 4th quarter. Mariner LLC now owns 35,322 shares of the software maker’s stock worth $3,047,000 after acquiring an additional 17,298 shares during the last quarter. 92.21% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

WK has been the topic of a number of research reports. Weiss Ratings cut shares of Workiva from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 22nd. Raymond James Financial reiterated an “outperform” rating and issued a $85.00 price target on shares of Workiva in a research note on Wednesday, May 6th. Stephens reissued an “overweight” rating and set a $68.00 price target on shares of Workiva in a research report on Tuesday, May 26th. Stifel Nicolaus decreased their price objective on Workiva from $79.00 to $65.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. Finally, Citigroup reaffirmed a “buy” rating on shares of Workiva in a research report on Monday, February 23rd. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $88.50.

Insider Activity

In other news, Director Robert H. Herz sold 1,000 shares of Workiva stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $49.69, for a total transaction of $49,690.00. Following the completion of the transaction, the director directly owned 34,802 shares in the company, valued at approximately $1,729,311.38. The trade was a 2.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 4.77% of the stock is currently owned by insiders.

Workiva Price Performance

Shares of WK opened at $48.95 on Wednesday. The firm has a 50-day moving average of $51.67 and a 200-day moving average of $66.72. Workiva Inc. has a one year low of $43.34 and a one year high of $97.10. The company has a market cap of $2.75 billion, a PE ratio of 212.80 and a beta of 0.51.

Workiva (NYSE:WK) last issued its earnings results on Tuesday, May 5th. The software maker reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.11. Workiva had a net margin of 1.53% and a negative return on equity of 68.43%. The business had revenue of $247.31 million during the quarter, compared to the consensus estimate of $245.17 million. During the same period last year, the business posted $0.14 EPS. Workiva’s revenue 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. Analysts expect that Workiva Inc. will post 0.92 earnings per share for the current year.

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.