Workiva Inc. $WK Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. boosted its holdings in Workiva Inc. (NYSE:WK) by 0.7% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 6,281,317 shares of the software maker’s stock after purchasing an additional 46,254 shares during the quarter. Vanguard Group Inc. owned approximately 0.11% of Workiva worth $540,696,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. GAMMA Investing LLC raised its position in Workiva by 287.8% in the 3rd quarter. GAMMA Investing LLC now owns 287 shares of the software maker’s stock valued at $25,000 after purchasing an additional 213 shares during the last quarter. TD Waterhouse Canada Inc. purchased a new stake in shares of Workiva during the 2nd quarter worth approximately $51,000. Essex Investment Management Co. LLC purchased a new stake in Workiva in the 3rd quarter valued at approximately $63,000. Smartleaf Asset Management LLC grew its holdings in shares of Workiva by 52.6% during the third quarter. Smartleaf Asset Management LLC now owns 1,276 shares of the software maker’s stock worth $109,000 after buying an additional 440 shares in the last quarter. Finally, State of Wyoming lifted its position in Workiva by 15.4% during the third quarter. State of Wyoming now owns 1,553 shares of the software maker’s stock worth $134,000 after buying an additional 207 shares during the period. 92.21% of the stock is owned by hedge funds and other institutional investors.

Workiva Price Performance

Shares of WK opened at $57.86 on Wednesday. The business’s 50-day moving average is $78.37 and its 200-day moving average is $82.64. Workiva Inc. has a fifty-two week low of $56.06 and a fifty-two week high of $97.10. The company has a market capitalization of $3.25 billion, a price-to-earnings ratio of -120.54 and a beta of 0.62.

Workiva (NYSE:WK) last released its earnings results on Thursday, February 19th. The software maker reported $0.78 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.10. The firm had revenue of $238.94 million for the quarter, compared to analyst estimates of $235.13 million. During the same period in the prior year, the firm earned $0.35 EPS. The firm’s revenue was up 19.5% on a year-over-year basis. Workiva has set its FY 2026 guidance at 2.660-2.760 EPS and its Q1 2026 guidance at 0.640-0.670 EPS. Equities research analysts expect that Workiva Inc. will post -0.92 earnings per share for the current fiscal year.

Workiva declared that its board has initiated a share buyback plan on Monday, February 16th that allows the company to repurchase $250.00 million in shares. This repurchase authorization allows the software maker to purchase up to 7.7% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

Several equities analysts recently commented on WK shares. Raymond James Financial reissued an “outperform” rating and set a $105.00 price target on shares of Workiva in a research report on Wednesday, December 10th. UBS Group set a $110.00 target price on Workiva in a research report on Sunday, November 9th. Weiss Ratings reissued a “sell (d-)” rating on shares of Workiva in a research report on Wednesday, January 21st. Citigroup reaffirmed a “buy” rating on shares of Workiva in a report on Monday. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $102.00 price target on shares of Workiva in a research note on Friday. Eleven analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $95.38.

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.