Workiva Inc. $WK Shares Bought by Quantinno Capital Management LP

Key Points

• Quantinno Capital Management increased its Workiva stake by 320.9% in the first quarter, ending with 36,925 shares worth approximately $2.2 million. Institutional investors collectively own 92.21% of Workiva.
• Workiva reported quarterly EPS of $0.77, beating estimates of $0.64, while revenue reached $255.29 million, up 18.6% year over year and above expectations.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an $84.75 price target, despite some target-price cuts. Workiva shares recently opened at $67.30.

Quantinno Capital Management LP grew its stake in Workiva Inc. (NYSE:WK - Free Report) by 320.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 36,925 shares of the software maker's stock after purchasing an additional 28,152 shares during the period. Quantinno Capital Management LP owned about 0.07% of Workiva worth $2,202,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in WK. Caitong International Asset Management Co. Ltd purchased a new stake in Workiva during the fourth quarter worth $26,000. Leonteq Securities AG purchased a new stake in shares of Workiva during the 4th quarter worth about $27,000. Allworth Financial LP boosted its stake in shares of Workiva by 82.3% during the 3rd quarter. Allworth Financial LP now owns 412 shares of the software maker's stock worth $35,000 after acquiring an additional 186 shares in the last quarter. Quarry LP grew its position in shares of Workiva by 396.3% during the 4th quarter. Quarry LP now owns 407 shares of the software maker's stock valued at $35,000 after acquiring an additional 325 shares during the period. Finally, IFP Advisors Inc grew its position in shares of Workiva by 297.1% during the 4th quarter. IFP Advisors Inc now owns 413 shares of the software maker's stock valued at $36,000 after acquiring an additional 309 shares during the period. Institutional investors and hedge funds own 92.21% of the company's stock.

Workiva Stock Performance

Shares of WK stock opened at $67.30 on Tuesday. Workiva Inc. has a fifty-two week low of $43.34 and a fifty-two week high of $97.10. The stock's fifty day moving average is $53.01 and its two-hundred day moving average is $57.36. The firm has a market capitalization of $3.78 billion, a P/E ratio of 82.07 and a beta of 0.46.

Workiva (NYSE:WK - Get Free Report) last released its earnings results on Tuesday, August 4th. The software maker reported $0.77 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.64 by $0.13. The business had revenue of $255.29 million during the quarter, compared to analyst estimates of $251.16 million. Workiva had a net margin of 4.87% and a negative return on equity of 140.17%. The company's revenue for the quarter was up 18.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.19 earnings per share. Workiva has set its FY 2026 guidance at 3.380-3.390 EPS and its Q3 2026 guidance at 0.790-0.820 EPS. On average, equities analysts forecast that Workiva Inc. will post 0.92 earnings per share for the current year.

Wall Street Analysts Forecast Growth

WK has been the subject of a number of analyst reports. Weiss Ratings raised Workiva from a "sell (d)" rating to a "sell (d+)" rating in a report on Thursday. Stephens reissued an "overweight" rating and issued a $68.00 price objective on shares of Workiva in a report on Tuesday, May 26th. BTIG Research cut their price objective on Workiva from $80.00 to $70.00 and set a "buy" rating for the company in a research report on Wednesday, August 5th. Wall Street Zen raised Workiva from a "buy" rating to a "strong-buy" rating in a research note on Saturday, July 25th. Finally, Stifel Nicolaus set a $70.00 target price on Workiva in a research report on Wednesday, August 5th. Ten investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $84.75.

Insider Transactions at Workiva

In other Workiva news, Director Robert H. Herz sold 1,000 shares of the 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 completion of the sale, the director owned 34,802 shares in the company, valued at approximately $1,729,311.38. This represents a 2.79% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 4.77% of the company's stock.

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.

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