Workiva Inc. $WK Stock Position Trimmed by SG Americas Securities LLC

SG Americas Securities LLC trimmed its position in shares of Workiva Inc. (NYSE:WK) by 83.4% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,956 shares of the software maker’s stock after selling 44,933 shares during the period. SG Americas Securities LLC’s holdings in Workiva were worth $534,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd bought a new stake in shares of Workiva during the fourth quarter valued at approximately $26,000. Leonteq Securities AG acquired a new stake in Workiva in the 4th quarter valued at approximately $27,000. Quarry LP increased its position in Workiva by 396.3% in the 4th quarter. Quarry LP now owns 407 shares of the software maker’s stock valued at $35,000 after acquiring an additional 325 shares during the period. Allworth Financial LP raised its stake in Workiva by 82.3% during the 3rd quarter. Allworth Financial LP now owns 412 shares of the software maker’s stock valued at $35,000 after acquiring an additional 186 shares in the last quarter. Finally, IFP Advisors Inc raised its stake in Workiva by 297.1% during the 4th quarter. IFP Advisors Inc now owns 413 shares of the software maker’s stock valued at $36,000 after acquiring an additional 309 shares in the last quarter. Institutional investors and hedge funds own 92.21% of the company’s stock.

Workiva Stock Up 2.7%

NYSE:WK opened at $52.91 on Wednesday. Workiva Inc. has a 1-year low of $43.34 and a 1-year high of $97.10. The firm has a market capitalization of $2.97 billion, a price-to-earnings ratio of 230.06 and a beta of 0.50. The stock has a fifty day simple moving average of $49.56 and a 200 day simple moving average of $62.40.

Workiva (NYSE:WK) last posted its quarterly earnings data on Tuesday, May 5th. The software maker reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $245.17 million. During the same quarter in the previous year, the company earned $0.14 EPS. The business’s revenue for the quarter was up 19.9% compared to the same quarter last year. Workiva has set its FY 2026 guidance at 2.850-2.950 EPS and its Q2 2026 guidance at 0.620-0.650 EPS. Equities analysts predict that Workiva Inc. will post 0.92 earnings per share for the current year.

Insider Activity

In other 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 transaction of $49,690.00. Following the sale, the director owned 34,802 shares in the company, valued at $1,729,311.38. The trade was a 2.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 4.77% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on WK shares. Wall Street Zen cut Workiva from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Zacks Research upgraded shares of Workiva from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 13th. Stifel Nicolaus reduced their price objective on shares of Workiva from $79.00 to $65.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. BTIG Research lowered their target price on shares of Workiva from $90.00 to $80.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Finally, Stephens restated an “overweight” rating and set a $68.00 price target on shares of Workiva in a research report on Tuesday, May 26th. 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 stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price 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.