SG Americas Securities LLC Has $534,000 Stock Position in Workiva Inc. $WK

SG Americas Securities LLC cut its holdings in shares of Workiva Inc. (NYSE:WK) by 83.4% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,956 shares of the software maker’s stock after selling 44,933 shares during the quarter. SG Americas Securities LLC’s holdings in Workiva were worth $534,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Eminence Capital LP increased its holdings in shares of Workiva by 40.7% in 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 grew its position in Workiva by 8.7% during the fourth quarter. Conestoga Capital Advisors LLC now owns 1,083,243 shares of the software maker’s stock valued at $93,430,000 after purchasing an additional 87,056 shares in the last quarter. Hotchkis & Wiley Capital Management LLC purchased a new position in Workiva during the third quarter valued at approximately $88,289,000. Fuller & Thaler Asset Management Inc. increased its stake in Workiva by 11.4% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 893,859 shares of the software maker’s stock valued at $77,095,000 after buying an additional 91,808 shares during the period. Finally, UBS Group AG increased its stake in Workiva by 40.8% in the 3rd quarter. UBS Group AG now owns 778,118 shares of the software maker’s stock valued at $66,980,000 after buying an additional 225,449 shares during the period. Hedge funds and other institutional investors own 92.21% of the company’s stock.

Workiva Stock Up 2.7%

WK stock opened at $52.91 on Wednesday. The firm has a 50 day moving average of $49.56 and a two-hundred day moving average of $62.40. Workiva Inc. has a 12 month low of $43.34 and a 12 month high of $97.10. The company has a market capitalization of $2.97 billion, a price-to-earnings ratio of 230.06 and a beta of 0.50.

Workiva (NYSE:WK) last released its quarterly earnings results on Tuesday, May 5th. The software maker reported $0.77 earnings per share 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 business had revenue of $247.31 million for the quarter, compared to the consensus estimate of $245.17 million. During the same quarter last year, the firm earned $0.14 EPS. Workiva’s revenue for the quarter was up 19.9% on a year-over-year basis. Workiva has set its FY 2026 guidance at 2.850-2.950 EPS and its Q2 2026 guidance at 0.620-0.650 EPS. On average, research analysts expect that Workiva Inc. will post 0.92 EPS for the current fiscal year.

Insiders Place Their Bets

In other Workiva news, Director Robert H. Herz sold 1,000 shares of the firm’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $49.69, for a total transaction of $49,690.00. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 4.77% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on WK. Stephens reissued an “overweight” rating and set a $68.00 target price on shares of Workiva in a research note on Tuesday, May 26th. Raymond James Financial reiterated an “outperform” rating and set a $85.00 price objective on shares of Workiva in a report on Wednesday, May 6th. Robert W. Baird set a $74.00 price objective on Workiva in a research report on Wednesday, May 6th. BTIG Research lowered their target price on Workiva from $90.00 to $80.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Finally, Weiss Ratings lowered Workiva from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Workiva presently has a consensus rating of “Moderate Buy” and an average price target of $88.50.

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.