Workiva Inc. $WK Shares Sold by Vanguard Group Inc.

Key Points

• Vanguard Group trimmed its stake in Workiva by 0.4% in Q4, selling 22,316 shares and leaving it with 6,259,001 shares (about 11.15% of the company) valued at roughly $539.8 million.
• Workiva beat quarterly estimates with EPS of $0.78 versus $0.68 and revenue of $238.94 million (up 19.5% year-over-year), provided FY2026 EPS guidance of 2.660–2.760 and Q1 guidance of 0.640–0.670, and the board authorized a $250 million share buyback (up to 7.7% of shares).
• Wall Street remains largely positive: analysts record 10 Buys and 1 Sell, giving Workiva a consensus rating of Moderate Buy and an average price target of $95 despite some recent target cuts.

Vanguard Group Inc. decreased its holdings in shares of Workiva Inc. (NYSE:WK - Free Report) by 0.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 6,259,001 shares of the software maker's stock after selling 22,316 shares during the period. Vanguard Group Inc. owned approximately 11.15% of Workiva worth $539,839,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in WK. EverSource Wealth Advisors LLC boosted its stake in shares of Workiva by 217.9% during the third quarter. EverSource Wealth Advisors LLC now owns 391 shares of the software maker's stock worth $34,000 after buying an additional 268 shares during the period. Allworth Financial LP boosted its stake in shares of Workiva by 82.3% during the third quarter. Allworth Financial LP now owns 412 shares of the software maker's stock worth $35,000 after buying an additional 186 shares during the period. First Horizon Corp boosted its stake in shares of Workiva by 112.1% during the fourth quarter. First Horizon Corp now owns 509 shares of the software maker's stock worth $44,000 after buying an additional 269 shares during the period. GAMMA Investing LLC boosted its stake in shares of Workiva by 121.6% during the fourth quarter. GAMMA Investing LLC now owns 636 shares of the software maker's stock worth $55,000 after buying an additional 349 shares during the period. Finally, Farther Finance Advisors LLC boosted its stake in shares of Workiva by 66.0% during the fourth quarter. Farther Finance Advisors LLC now owns 669 shares of the software maker's stock worth $58,000 after buying an additional 266 shares during the period. Institutional investors and hedge funds own 92.21% of the company's stock.

Workiva Stock Performance

Workiva stock opened at $56.44 on Tuesday. The firm has a market capitalization of $3.21 billion, a price-to-earnings ratio of -117.57 and a beta of 0.54. Workiva Inc. has a fifty-two week low of $50.98 and a fifty-two week high of $97.10. The stock's fifty day moving average is $58.87 and its two-hundred day moving average is $75.34.

Workiva (NYSE:WK - Get Free Report) last posted its earnings results on Thursday, February 19th. The software maker reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.10. The firm had revenue of $238.94 million during the quarter, compared to analyst estimates of $235.13 million. The firm's revenue for the quarter was up 19.5% on a year-over-year basis. During the same period last year, the company posted $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. As a group, sell-side analysts forecast that Workiva Inc. will post 0.53 EPS for the current fiscal year.

Workiva declared that its Board of Directors has authorized a share buyback program on Monday, February 16th that allows the company to buyback $250.00 million in shares. This buyback authorization allows the software maker to purchase up to 7.7% of its shares through open market purchases. Shares buyback programs are often an indication that the company's board of directors believes its stock is undervalued.

Wall Street Analysts Forecast Growth

WK has been the subject of several analyst reports. BTIG Research cut their price target on shares of Workiva from $105.00 to $90.00 and set a "buy" rating for the company in a report on Friday, February 20th. The Goldman Sachs Group reissued a "buy" rating and set a $102.00 price target on shares of Workiva in a report on Friday, February 20th. Truist Financial reissued a "buy" rating and set a $90.00 price target (down from $110.00) on shares of Workiva in a report on Friday, February 20th. Stephens set a $90.00 price target on shares of Workiva in a report on Friday, February 20th. Finally, Citigroup reaffirmed 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 issued a Sell rating to the stock. According to MarketBeat.com, Workiva currently has an average rating of "Moderate Buy" and an average price target of $95.00.

About Workiva

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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