Swedbank AB Sells 62,939 Shares of Workhorse Group, Inc. $WKHS

Posted by Defense World Staff on Sep 17th, 2025

Swedbank AB reduced its position in Workhorse Group, Inc. (NASDAQ:WKHS – Free Report) by 65.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 32,857 shares of the company’s stock after selling 62,939 shares during the quarter. Swedbank AB owned about 0.35% of Workhorse Group worth $60,000 at the end of the most recent quarter.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of Workhorse Group from a “sell” rating to a “hold” rating in a research report on Saturday, August 16th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $15.63.

View Our Latest Stock Analysis on Workhorse Group

Workhorse Group Price Performance

Shares of Workhorse Group stock opened at $1.12 on Wednesday. Workhorse Group, Inc. has a 1 year low of $0.81 and a 1 year high of $24.25. The firm has a market cap of $17.21 million, a PE ratio of -0.01 and a beta of 2.57. The company has a 50 day simple moving average of $1.73 and a two-hundred day simple moving average of $1.61.

Workhorse Group (NASDAQ:WKHS – Get Free Report) last announced its earnings results on Friday, August 15th. The company reported ($1.67) earnings per share (EPS) for the quarter, beating the consensus estimate of ($3.98) by $2.31. Workhorse Group had a negative net margin of 760.65% and a negative return on equity of 210.72%. The business had revenue of $5.67 million during the quarter, compared to analyst estimates of $2.30 million. As a group, research analysts anticipate that Workhorse Group, Inc. will post -3.8 earnings per share for the current year.

Workhorse Group Company Profile

(Free Report)

Workhorse Group Inc, a technology company, engages in design, manufacture, and sale of zero-emission commercial vehicles in the United States. The company offers commercial vehicles under the Workhorse brand. The company was formerly known as AMP Holding Inc and changed its name to Workhorse Group Inc in April 2015.