Workiva Inc. $WK Position Trimmed by Conestoga Capital Advisors LLC

Conestoga Capital Advisors LLC lessened its stake in shares of Workiva Inc. (NYSE:WK) by 30.3% in the first quarter, according to its most recent filing with the SEC. The fund owned 754,553 shares of the software maker’s stock after selling 328,690 shares during the period. Conestoga Capital Advisors LLC owned about 1.33% of Workiva worth $44,994,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of WK. Pictet Asset Management Holding SA boosted its holdings in shares of Workiva by 8.8% in the first quarter. Pictet Asset Management Holding SA now owns 7,494 shares of the software maker’s stock worth $447,000 after buying an additional 603 shares during the period. OP Asset Management Ltd purchased a new stake in shares of Workiva in the 1st quarter valued at approximately $3,588,000. Hsbc Holdings PLC purchased a new stake in shares of Workiva in the 4th quarter valued at approximately $1,196,000. Rockefeller Capital Management L.P. boosted its stake in Workiva by 60.7% in the 4th quarter. Rockefeller Capital Management L.P. now owns 810 shares of the software maker’s stock worth $70,000 after purchasing an additional 306 shares during the period. Finally, Caitong International Asset Management Co. Ltd acquired a new position in Workiva in the 4th quarter worth approximately $80,000. 92.21% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Workiva news, Director Robert H. Herz sold 1,000 shares of Workiva stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $49.69, for a total value of $49,690.00. Following the completion of the sale, the director directly 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 is available through the SEC website. Insiders own 4.77% of the company’s stock.

Workiva Trading Up 4.5%

NYSE WK opened at $50.70 on Thursday. Workiva Inc. has a 1-year low of $43.34 and a 1-year high of $97.10. The firm’s fifty day simple moving average is $49.74 and its 200-day simple moving average is $63.39. The company has a market capitalization of $2.85 billion, a PE ratio of 220.42 and a beta of 0.50.

Workiva (NYSE:WK) last issued its earnings results on Tuesday, May 5th. The software maker reported $0.77 EPS for the quarter, beating analysts’ consensus estimates 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 posted $0.14 earnings per share. The business’s quarterly revenue 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. As a group, analysts predict that Workiva Inc. will post 0.92 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on WK shares. Weiss Ratings lowered Workiva from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, May 22nd. Stephens restated an “overweight” rating and set a $68.00 price objective on shares of Workiva in a research report on Tuesday, May 26th. Wall Street Zen raised Workiva from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Stifel Nicolaus dropped their target price on Workiva from $79.00 to $65.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Finally, Zacks Research upgraded shares of Workiva from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $88.50.

Workiva 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.