OP Asset Management Ltd Acquires Shares of 60,177 Workiva Inc. $WK

OP Asset Management Ltd bought a new stake in Workiva Inc. (NYSE:WK) during the 1st quarter, HoldingsChannel reports. The firm bought 60,177 shares of the software maker’s stock, valued at approximately $3,588,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Eminence Capital LP raised 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 worth $320,523,000 after purchasing an additional 1,076,778 shares during the last quarter. Conestoga Capital Advisors LLC increased its stake in Workiva by 8.7% during the 4th 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 purchased a new stake in Workiva during the 3rd quarter worth approximately $88,289,000. Fuller & Thaler Asset Management Inc. raised its holdings 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 valued at $77,095,000 after acquiring an additional 91,808 shares during the last quarter. Finally, UBS Group AG raised its holdings 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 valued at $66,980,000 after acquiring an additional 225,449 shares during the last quarter. Hedge funds and other institutional investors own 92.21% of the company’s stock.

Insider Activity

In related news, Director Robert H. Herz sold 1,000 shares of the business’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $49.69, for a total value of $49,690.00. Following the sale, the director directly owned 34,802 shares in the company, valued at approximately $1,729,311.38. The trade was a 2.79% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 4.77% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on WK. Weiss Ratings downgraded Workiva from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, May 22nd. Stephens reissued an “overweight” rating and issued a $68.00 price objective on shares of Workiva in a research note on Tuesday, May 26th. Raymond James Financial restated an “outperform” rating and issued a $85.00 price objective on shares of Workiva in a report on Wednesday, May 6th. Zacks Research raised shares of Workiva from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 13th. Finally, Robert W. Baird set a $74.00 target price on shares of Workiva in a report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, Workiva presently has a consensus rating of “Moderate Buy” and a consensus price target of $88.50.

Workiva Trading Up 5.9%

Shares of WK opened at $49.03 on Friday. Workiva Inc. has a 12-month low of $43.34 and a 12-month high of $97.10. The firm has a market capitalization of $2.75 billion, a P/E ratio of 213.19 and a beta of 0.51. The firm has a 50-day moving average price of $50.21 and a 200 day moving average price of $64.41.

Workiva (NYSE:WK) last issued its earnings results on Tuesday, May 5th. The software maker reported $0.77 EPS for the quarter, topping 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 company had revenue of $247.31 million for the quarter, compared to the consensus estimate of $245.17 million. During the same period in the previous year, the firm earned $0.14 earnings per share. Workiva’s quarterly revenue 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. Equities research analysts predict that Workiva Inc. will post 0.92 earnings per share for the current fiscal year.

Workiva Company 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.