Workiva Inc. $WK Shares Purchased by Summit Creek Advisors LLC

Summit Creek Advisors LLC increased its holdings in shares of Workiva Inc. (NYSE:WK) by 19.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 105,500 shares of the software maker’s stock after purchasing an additional 17,259 shares during the quarter. Summit Creek Advisors LLC’s holdings in Workiva were worth $9,099,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of WK. Vanguard Group Inc. lifted its position in Workiva by 0.7% during the third quarter. Vanguard Group Inc. now owns 6,281,317 shares of the software maker’s stock worth $540,696,000 after buying an additional 46,254 shares during the period. Eminence Capital LP increased its position in shares of Workiva by 40.7% during the 3rd quarter. Eminence Capital LP now owns 3,723,546 shares of the software maker’s stock valued at $320,523,000 after purchasing an additional 1,076,778 shares during the period. Conestoga Capital Advisors LLC boosted its position in shares of Workiva by 8.7% in the fourth quarter. Conestoga Capital Advisors LLC now owns 1,083,243 shares of the software maker’s stock worth $93,430,000 after buying an additional 87,056 shares during the period. Hotchkis & Wiley Capital Management LLC acquired a new stake in shares of Workiva in the third quarter worth about $88,289,000. Finally, UBS Group AG increased its stake in shares of Workiva by 40.8% in the third quarter. UBS Group AG now owns 778,118 shares of the software maker’s stock worth $66,980,000 after purchasing an additional 225,449 shares during the period. 92.21% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on WK. Wall Street Zen upgraded shares of Workiva from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 9th. Raymond James Financial restated an “outperform” rating and set a $85.00 price objective on shares of Workiva in a research report on Wednesday, May 6th. Citigroup reissued a “buy” rating on shares of Workiva in a research note on Monday, February 23rd. Weiss Ratings raised shares of Workiva from a “sell (e+)” rating to a “sell (d+)” rating in a research report on Thursday, May 7th. Finally, Stephens set a $90.00 target price on shares of Workiva in a report on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $90.33.

Workiva Stock Down 2.2%

Shares of NYSE:WK opened at $48.59 on Thursday. The stock has a market cap of $2.73 billion, a PE ratio of 211.25 and a beta of 0.54. The company’s fifty day moving average is $55.88 and its 200 day moving average is $72.02. Workiva Inc. has a 52 week low of $43.34 and a 52 week high of $97.10.

Workiva (NYSE:WK) last released its quarterly earnings data on Tuesday, May 5th. The software maker reported $0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.11. Workiva had a net margin of 1.53% and a negative return on equity of 68.43%. The firm had revenue of $247.31 million for the quarter, compared to analysts’ expectations of $245.17 million. During the same quarter in the previous year, the company earned $0.14 earnings per share. The company’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. Sell-side analysts anticipate that Workiva Inc. will post 0.92 EPS for the current year.

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

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.