33,085 Workiva Inc. $WK Shares Sold by Kopp Family Office LLC

Kopp Family Office LLC lowered its position in shares of Workiva Inc. (NYSE:WK) by 59.3% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 22,722 shares of the software maker’s stock after selling 33,085 shares during the period. Workiva makes up about 0.8% of Kopp Family Office LLC’s portfolio, making the stock its 14th biggest position. Kopp Family Office LLC’s holdings in Workiva were worth $1,513,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Versant Capital Management Inc lifted its stake in Workiva by 202.3% in the second quarter. Versant Capital Management Inc now owns 532 shares of the software maker’s stock worth $26,000 after acquiring an additional 356 shares during the period. Optiver Holding B.V. increased its position in Workiva by 454.5% during the 1st quarter. Optiver Holding B.V. now owns 621 shares of the software maker’s stock valued at $37,000 after purchasing an additional 509 shares during the period. Harbor Investment Advisory LLC purchased a new position in Workiva during the 2nd quarter valued at about $40,000. Integrated Wealth Concepts LLC purchased a new position in Workiva during the 2nd quarter valued at about $46,000. Finally, Farther Finance Advisors LLC raised its holdings in shares of Workiva by 43.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 732 shares of the software maker’s stock valued at $49,000 after purchasing an additional 223 shares in the last quarter. 92.21% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Workiva news, EVP Brandon Ziegler sold 6,571 shares of the stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $75.97, for a total transaction of $499,198.87. Following the completion of the sale, the executive vice president directly owned 126,216 shares of the company’s stock, valued at approximately $9,588,629.52. This represents a 4.95% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 4.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on WK shares. UBS Group set a $70.00 price target on shares of Workiva in a report on Wednesday, August 5th. Stifel Nicolaus set a $95.00 price objective on shares of Workiva in a research note on Thursday, August 27th. BTIG Research set a $85.00 price objective on shares of Workiva in a research note on Wednesday, September 16th. Weiss Ratings raised shares of Workiva from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday. Finally, Wall Street Zen raised shares of Workiva from a “buy” rating to a “strong-buy” rating in a research note on Sunday. Nine investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $87.00.

Workiva Price Performance

Shares of NYSE WK opened at $80.32 on Thursday. The stock has a market capitalization of $4.51 billion, a P/E ratio of 97.95 and a beta of 0.53. Workiva Inc. has a 1-year low of $43.34 and a 1-year high of $97.10. The business has a fifty day moving average price of $73.53 and a 200 day moving average price of $60.32.

Workiva (NYSE:WK) last issued its quarterly earnings data on Tuesday, August 4th. The software maker reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.13. Workiva had a negative return on equity of 140.17% and a net margin of 4.87%. The company had revenue of $255.29 million for 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 firm’s revenue for the quarter was up 18.6% compared to the same quarter last year. Workiva has set its FY 2026 guidance at 3.380-3.390 EPS and its Q3 2026 guidance at 0.790-0.820 EPS. As a group, equities research analysts anticipate that Workiva Inc. will post 1.31 earnings per share for the current fiscal year.

About Workiva

Workiva Inc (NYSE: WK) provides cloud-based software designed to help organizations manage reporting, compliance, risk and other complex business processes. Its platform connects financial, operational and environmental, social and governance (ESG) data so teams can collaborate on information used for internal and external reporting.

The company’s products support financial reporting, regulatory filings, audit and compliance workflows, investor communications, and sustainability reporting.