Workiva Inc (NYSE:WK) Director Michael M. Crow sold 2,998 shares of the company’s stock in a transaction on Tuesday, December 11th. The stock was sold at an average price of $35.29, for a total value of $105,799.42. Following the transaction, the director now directly owns 30,995 shares in the company, valued at $1,093,813.55. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

NYSE:WK opened at $35.10 on Friday. Workiva Inc has a one year low of $20.50 and a one year high of $40.84.

Workiva (NYSE:WK) last posted its quarterly earnings results on Wednesday, November 7th. The software maker reported ($0.25) EPS for the quarter, beating the consensus estimate of ($0.36) by $0.11. The business had revenue of $60.87 million during the quarter, compared to analysts’ expectations of $59.84 million. During the same period in the previous year, the company posted ($0.23) earnings per share. Workiva’s revenue for the quarter was up 16.8% compared to the same quarter last year. Equities research analysts forecast that Workiva Inc will post -1.03 EPS for the current year.

Large investors have recently bought and sold shares of the business. Bank of Montreal Can purchased a new stake in Workiva in the second quarter valued at $311,000. Engineers Gate Manager LP purchased a new stake in Workiva in the second quarter valued at $411,000. First Hawaiian Bank purchased a new stake in Workiva in the third quarter valued at $260,000. Hillsdale Investment Management Inc. purchased a new stake in Workiva in the third quarter valued at $1,884,000. Finally, Los Angeles Capital Management & Equity Research Inc. purchased a new stake in Workiva in the second quarter valued at $1,645,000. 46.05% of the stock is currently owned by institutional investors.

WK has been the topic of several research reports. SunTrust Banks upped their target price on Workiva to $39.00 and gave the company a “positive” rating in a research report on Wednesday, August 29th. They noted that the move was a valuation call. Morgan Stanley downgraded Workiva from an “equal weight” rating to an “underweight” rating and upped their target price for the company from $20.00 to $28.00 in a research report on Tuesday, September 18th. Stifel Nicolaus upped their target price on Workiva from $35.00 to $42.00 and gave the company a “buy” rating in a research report on Friday, September 21st. Northland Securities upped their target price on Workiva from $30.00 to $40.00 and gave the company an “outperform” rating in a research report on Monday, September 24th. Finally, Robert W. Baird raised Workiva from a “neutral” rating to an “outperform” rating and set a $42.00 target price on the stock in a research report on Tuesday, September 25th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. Workiva has an average rating of “Buy” and a consensus price target of $39.17.

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Workiva Company Profile

Workiva Inc provides cloud solutions for the finance and accounting, audit and internal controls, risk and compliance, and performance and management reporting markets in the United States and internationally. The company provides Wdesk, a platform with proprietary word processing, spreadsheet, and presentation applications to collect, link, report, and analyze the business data, as well as to create, review, and publish data-linked documents and reports.

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