Cwm LLC Increases Stock Position in Workiva Inc. $WK

Cwm LLC boosted its stake in Workiva Inc. (NYSE:WK) by 113.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 32,771 shares of the software maker’s stock after purchasing an additional 17,423 shares during the quarter. Cwm LLC owned about 0.06% of Workiva worth $2,826,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. GAMMA Investing LLC lifted its stake in Workiva by 287.8% in the 3rd quarter. GAMMA Investing LLC now owns 287 shares of the software maker’s stock worth $25,000 after purchasing an additional 213 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in Workiva by 217.9% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 391 shares of the software maker’s stock worth $34,000 after purchasing an additional 268 shares in the last quarter. Allworth Financial LP lifted its stake in Workiva by 82.3% in the 3rd quarter. Allworth Financial LP now owns 412 shares of the software maker’s stock worth $35,000 after purchasing an additional 186 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in Workiva by 66.0% in the 4th quarter. Farther Finance Advisors LLC now owns 669 shares of the software maker’s stock worth $58,000 after purchasing an additional 266 shares in the last quarter. Finally, Essex Investment Management Co. LLC purchased a new stake in Workiva in the 3rd quarter worth $63,000. Hedge funds and other institutional investors own 92.21% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on the stock. The Goldman Sachs Group reiterated a “buy” rating and issued a $102.00 price target on shares of Workiva in a research note on Friday, February 20th. Truist Financial restated a “buy” rating and issued a $90.00 target price (down from $110.00) on shares of Workiva in a report on Friday, February 20th. BMO Capital Markets reduced their target price on shares of Workiva from $92.00 to $83.00 and set an “outperform” rating on the stock in a report on Friday, February 20th. BTIG Research reduced their target price on shares of Workiva from $105.00 to $90.00 and set a “buy” rating on the stock in a report on Friday, February 20th. Finally, Citigroup restated a “buy” rating on shares of Workiva in a report on Monday, February 23rd. Ten equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $95.00.

Workiva Stock Down 6.9%

Workiva stock opened at $52.17 on Friday. The company’s 50-day moving average price is $59.48 and its 200-day moving average price is $76.69. Workiva Inc. has a twelve month low of $50.98 and a twelve month high of $97.10. The company has a market cap of $2.96 billion, a PE ratio of -108.68 and a beta of 0.68.

Workiva (NYSE:WK) last posted its earnings results on Thursday, February 19th. The software maker reported $0.78 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.10. The business had revenue of $238.94 million during the quarter, compared to the consensus estimate of $235.13 million. During the same quarter last year, the firm earned $0.35 earnings per share. The business’s quarterly revenue was up 19.5% on a year-over-year basis. Workiva has set its FY 2026 guidance at 2.660-2.760 EPS and its Q1 2026 guidance at 0.640-0.670 EPS. As a group, sell-side analysts expect that Workiva Inc. will post 0.53 earnings per share for the current fiscal year.

Workiva declared that its Board of Directors has approved a stock repurchase plan on Monday, February 16th that permits the company to buyback $250.00 million in outstanding shares. This buyback authorization permits the software maker to purchase up to 7.7% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its stock is undervalued.

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.