Arrowstreet Capital Limited Partnership Boosts Stock Position in Workiva Inc. $WK

Arrowstreet Capital Limited Partnership raised its holdings in Workiva Inc. (NYSE:WK) by 88.5% during the first quarter, Holdings Channel reports. The institutional investor owned 1,109,646 shares of the software maker’s stock after buying an additional 520,839 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Workiva were worth $66,168,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd acquired a new position in shares of Workiva during the 4th quarter worth about $26,000. Leonteq Securities AG acquired a new stake in Workiva during the fourth quarter worth approximately $27,000. Allworth Financial LP lifted its position in shares of Workiva by 82.3% during 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. Quarry LP lifted its position in shares of Workiva by 396.3% during 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. Finally, IFP Advisors Inc lifted its position in shares of Workiva by 297.1% during the 4th quarter. IFP Advisors Inc now owns 413 shares of the software maker’s stock worth $36,000 after buying an additional 309 shares during the last quarter. 92.21% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

WK has been the topic of a number of recent analyst reports. Stifel Nicolaus dropped their target price on shares of Workiva from $79.00 to $65.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Wall Street Zen raised shares of Workiva from a “buy” rating to a “strong-buy” rating in a research report on Saturday. BTIG Research decreased their price objective on shares of Workiva from $90.00 to $80.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Robert W. Baird set a $74.00 price objective on Workiva in a report on Wednesday, May 6th. Finally, Raymond James Financial reaffirmed an “outperform” rating and set a $85.00 price objective on shares of Workiva in a report on Wednesday, May 6th. Ten research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Workiva presently has an average rating of “Moderate Buy” and a consensus target price of $88.50.

Workiva Price Performance

WK stock opened at $52.46 on Monday. The company has a fifty day moving average price of $50.45 and a 200 day moving average price of $59.39. Workiva Inc. has a 12 month low of $43.34 and a 12 month high of $97.10. The company has a market cap of $2.94 billion, a price-to-earnings ratio of 228.10 and a beta of 0.50.

Workiva (NYSE:WK) last issued 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 net margin of 1.53% and a negative return on equity of 68.43%. The company had revenue of $247.31 million for the quarter, compared to the consensus estimate of $245.17 million. During the same period last year, the firm posted $0.14 EPS. Workiva’s revenue for the quarter 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. As a group, analysts anticipate that Workiva Inc. will post 0.92 earnings per share for the current year.

Insider Transactions at Workiva

In related news, Director Robert H. Herz sold 1,000 shares of the business’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $49.69, for a total value of $49,690.00. Following the transaction, the director owned 34,802 shares in the company, valued at $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 is available at the SEC website. 4.77% of the stock is owned by company insiders.

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.