Janus Henderson Group PLC Lowers Stake in Workiva Inc. $WK

Janus Henderson Group PLC lowered its stake in shares of Workiva Inc. (NYSE:WK) by 23.1% in the first quarter, Holdings Channel reports. The institutional investor owned 173,155 shares of the software maker’s stock after selling 52,020 shares during the period. Janus Henderson Group PLC’s holdings in Workiva were worth $10,326,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Hawk Ridge Capital Management LP purchased a new position in shares of Workiva in the 1st quarter valued at $65,091,000. Hotchkis & Wiley Capital Management LLC purchased a new stake in shares of Workiva during the 3rd quarter worth $88,289,000. Norges Bank bought a new stake in Workiva during the fourth quarter valued at about $53,375,000. Arrowstreet Capital Limited Partnership boosted its position in Workiva by 88.5% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,109,646 shares of the software maker’s stock valued at $66,168,000 after purchasing an additional 520,839 shares in the last quarter. Finally, Barclays PLC grew its stake in Workiva by 531.6% in the fourth quarter. Barclays PLC now owns 582,586 shares of the software maker’s stock valued at $50,248,000 after purchasing an additional 490,351 shares during the last quarter. Institutional investors own 92.21% of the company’s stock.

More Workiva News

Here are the key news stories impacting Workiva this week:

• Positive Sentiment: Q2 earnings and revenue exceeded expectations. Workiva reported adjusted earnings of $0.77 per share, above the $0.64 consensus estimate, while revenue reached $255.29 million versus expectations of $251.16 million. Earnings rose sharply from $0.19 per share a year earlier, and revenue increased 18.6% year over year. Workiva Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management issued a significant EPS outlook increase. Third-quarter earnings guidance of $0.79-$0.82 per share is well above the $0.57 analyst consensus. Full-year 2026 EPS guidance of $3.38-$3.39 also substantially exceeds the prior consensus estimate of $2.51, signaling stronger anticipated profitability. Workiva Announces Second Quarter 2026 Financial Results
• Positive Sentiment: Subscription growth remained strong. Workiva said subscription and total revenue both grew approximately 19% in the quarter, supporting the company’s positioning as a recurring-revenue software provider. Workiva Announces Second Quarter 2026 Financial Results
• Neutral Sentiment: Revenue guidance was broadly in line with expectations. Workiva forecast third-quarter revenue of $260 million-$262 million, compared with the $261.8 million consensus estimate, while full-year revenue guidance was approximately $1 billion. The earnings outlook was the main upside surprise rather than sales growth.
• Negative Sentiment: Valuation and profitability risks remain. Workiva trades at a very high reported P/E ratio, while its net margin was only 1.53% and return on equity remained negative. These factors could limit enthusiasm despite the earnings beat and stronger guidance.

Analysts Set New Price Targets

WK has been the subject of a number of recent research reports. Robert W. Baird set a $74.00 target price on shares of Workiva in a report on Wednesday, May 6th. Raymond James Financial reaffirmed an “outperform” rating and issued a $85.00 price objective on shares of Workiva in a research report on Wednesday, May 6th. Stephens reiterated an “overweight” rating and set a $68.00 price objective on shares of Workiva in a research note on Tuesday, May 26th. Wall Street Zen raised shares of Workiva from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 25th. Finally, BTIG Research lowered their target price 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. Ten equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Workiva presently has an average rating of “Moderate Buy” and an average target price of $88.50.

Insider Activity at Workiva

In related 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. This trade represents a 2.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 4.77% of the stock is owned by insiders.

Workiva Price Performance

Shares of NYSE:WK opened at $61.15 on Wednesday. The business’s 50-day moving average is $51.82 and its 200 day moving average is $57.95. Workiva Inc. has a 1 year low of $43.34 and a 1 year high of $97.10. The firm has a market capitalization of $3.43 billion, a P/E ratio of 265.87 and a beta of 0.46.

Workiva (NYSE:WK) last issued its quarterly earnings results on Tuesday, August 4th. The software maker reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.13. Workiva had a negative return on equity of 68.43% and a net margin of 1.53%.The business had revenue of $255.29 million during the quarter, compared to the consensus estimate of $251.16 million. During the same quarter last year, the company earned $0.19 earnings per share. The company’s quarterly revenue was up 18.6% on a year-over-year basis. Workiva has set its FY 2026 guidance at 3.380-3.390 EPS and its Q3 2026 guidance at 0.790-0.820 EPS. On average, analysts expect that Workiva Inc. will post 0.92 EPS for the current year.

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.