Aberdeen Group plc Lowers Stock Position in Workiva Inc. $WK

Aberdeen Group plc cut its stake in shares of Workiva Inc. (NYSE:WK) by 5.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 218,382 shares of the software maker’s stock after selling 13,390 shares during the period. Aberdeen Group plc owned 0.39% of Workiva worth $18,835,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in WK. Eminence Capital LP boosted its position in Workiva by 209.6% during the 2nd quarter. Eminence Capital LP now owns 2,646,768 shares of the software maker’s stock worth $181,171,000 after purchasing an additional 1,791,768 shares during the period. Hotchkis & Wiley Capital Management LLC purchased a new position in Workiva in the 3rd quarter valued at about $88,289,000. Assenagon Asset Management S.A. boosted its position in Workiva by 14,955.0% in the 4th quarter. Assenagon Asset Management S.A. now owns 740,102 shares of the software maker’s stock valued at $63,834,000 after buying an additional 735,186 shares during the last quarter. Irenic Capital Management LP purchased a new position in Workiva in the 3rd quarter valued at about $42,783,000. Finally, Nordea Investment Management AB boosted its position in Workiva by 50.7% in the 3rd quarter. Nordea Investment Management AB now owns 1,368,401 shares of the software maker’s stock valued at $115,589,000 after buying an additional 460,540 shares during the last quarter. 92.21% of the stock is owned by hedge funds and other institutional investors.

Workiva Stock Down 0.3%

WK opened at $59.83 on Tuesday. The firm has a market cap of $3.40 billion, a price-to-earnings ratio of -124.64 and a beta of 0.68. Workiva Inc. has a fifty-two week low of $56.06 and a fifty-two week high of $97.10. The company’s 50-day moving average price is $63.73 and its 200 day moving average price is $79.20.

Workiva (NYSE:WK) last released its quarterly earnings data on Thursday, February 19th. The software maker reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.10. The business had revenue of $238.94 million for the quarter, compared to analyst estimates of $235.13 million. Workiva’s revenue was up 19.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.35 EPS. Workiva has set its FY 2026 guidance at 2.660-2.760 EPS and its Q1 2026 guidance at 0.640-0.670 EPS. Research analysts anticipate that Workiva Inc. will post -0.92 earnings per share for the current year.

Workiva declared that its board has approved a stock repurchase program on Monday, February 16th that permits the company to repurchase $250.00 million in shares. This repurchase authorization permits the software maker to reacquire up to 7.7% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s management believes its shares are undervalued.

Wall Street Analyst Weigh In

WK has been the subject of a number of analyst reports. The Goldman Sachs Group reissued a “buy” rating and issued a $102.00 price objective on shares of Workiva in a research report on Friday, February 20th. Stephens set a $90.00 target price on shares of Workiva in a research note on Friday, February 20th. Raymond James Financial restated an “outperform” rating and issued a $105.00 target price on shares of Workiva in a research note on Wednesday, December 10th. BMO Capital Markets cut their target price on shares of Workiva from $92.00 to $83.00 and set an “outperform” rating on the stock in a research note on Friday, February 20th. Finally, Citigroup restated a “buy” rating on shares of Workiva in a research note on Monday, February 23rd. Eleven equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Workiva presently has a consensus rating of “Moderate Buy” and an average target price of $95.38.

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.