Eminence Capital LP Has $319.66 Million Holdings in Workiva Inc. $WK

Eminence Capital LP reduced its position in Workiva Inc. (NYSE:WK) by 0.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,706,152 shares of the software maker’s stock after selling 17,394 shares during the quarter. Workiva accounts for about 5.1% of Eminence Capital LP’s holdings, making the stock its 4th largest holding. Eminence Capital LP owned approximately 0.07% of Workiva worth $319,656,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of WK. Vanguard Group Inc. raised its holdings in shares of Workiva by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 6,281,317 shares of the software maker’s stock valued at $540,696,000 after buying an additional 46,254 shares in the last quarter. Conestoga Capital Advisors LLC boosted its stake in 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 in the last quarter. Hotchkis & Wiley Capital Management LLC bought a new position in Workiva during the third quarter valued at approximately $88,289,000. Fuller & Thaler Asset Management Inc. raised its stake in shares of Workiva by 11.4% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 893,859 shares of the software maker’s stock worth $77,095,000 after acquiring an additional 91,808 shares in the last quarter. Finally, UBS Group AG raised its stake in shares of Workiva by 40.8% during the third quarter. UBS Group AG now owns 778,118 shares of the software maker’s stock worth $66,980,000 after acquiring an additional 225,449 shares in the last quarter. 92.21% of the stock is currently owned by institutional investors.

Insider Activity at Workiva

In other news, Director Robert H. Herz sold 1,000 shares of the company’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $49.69, for a total transaction of $49,690.00. Following the completion of the transaction, the director directly owned 34,802 shares of the company’s stock, valued at approximately $1,729,311.38. This represents a 2.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 4.77% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on WK shares. Citigroup reaffirmed a “buy” rating on shares of Workiva in a research note on Monday, February 23rd. Wall Street Zen raised shares of Workiva from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Weiss Ratings lowered shares of Workiva from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, May 22nd. Truist Financial reaffirmed a “buy” rating and set a $90.00 price objective (down from $110.00) on shares of Workiva in a research note on Friday, February 20th. Finally, Zacks Research upgraded Workiva from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Workiva presently has an average rating of “Moderate Buy” and an average target price of $88.50.

Workiva Stock Performance

Shares of Workiva stock opened at $47.88 on Thursday. Workiva Inc. has a 52-week low of $43.34 and a 52-week high of $97.10. The company’s 50 day moving average price is $51.43 and its 200-day moving average price is $66.41. The stock has a market capitalization of $2.69 billion, a price-to-earnings ratio of 208.18 and a beta of 0.51.

Workiva (NYSE:WK) last posted its quarterly 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. The company had revenue of $247.31 million during the quarter, compared to analyst estimates of $245.17 million. Workiva had a net margin of 1.53% and a negative return on equity of 68.43%. The firm’s revenue was up 19.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.14 EPS. 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, equities research analysts forecast that Workiva Inc. will post 0.92 earnings per share for the current fiscal year.

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.