Michael D. Hawkins Sells 11,439 Shares of Workiva Inc. (NYSE:WK) Stock

Workiva Inc. (NYSE:WKGet Free Report) EVP Michael D. Hawkins sold 11,439 shares of the company’s stock in a transaction that occurred on Friday, February 2nd. The stock was sold at an average price of $93.62, for a total value of $1,070,919.18. Following the completion of the transaction, the executive vice president now owns 62,453 shares of the company’s stock, valued at $5,846,849.86. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Workiva Stock Up 1.7 %

NYSE WK opened at $93.46 on Wednesday. The company has a debt-to-equity ratio of 2,262.59, a quick ratio of 2.16 and a current ratio of 2.16. The company has a market capitalization of $5.05 billion, a P/E ratio of -36.65 and a beta of 1.08. Workiva Inc. has a one year low of $83.00 and a one year high of $116.00. The stock has a 50 day moving average price of $97.29 and a 200-day moving average price of $99.18.

Wall Street Analysts Forecast Growth

Separately, Stifel Nicolaus dropped their price target on Workiva from $97.00 to $92.00 and set a “hold” rating for the company in a research note on Tuesday, October 31st. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $115.38.

Get Our Latest Research Report on WK

Institutional Trading of Workiva

Institutional investors have recently bought and sold shares of the stock. New York State Common Retirement Fund lifted its position in Workiva by 11.0% in the third quarter. New York State Common Retirement Fund now owns 397,350 shares of the software maker’s stock worth $40,267,000 after buying an additional 39,310 shares during the last quarter. Avantax Planning Partners Inc. bought a new stake in Workiva in the third quarter worth $1,798,000. Lisanti Capital Growth LLC bought a new stake in Workiva in the third quarter worth $4,282,000. Geode Capital Management LLC lifted its position in Workiva by 6.0% in the second quarter. Geode Capital Management LLC now owns 916,651 shares of the software maker’s stock worth $93,187,000 after buying an additional 51,995 shares during the last quarter. Finally, Picton Mahoney Asset Management bought a new stake in Workiva in the third quarter worth $2,398,000. 83.69% of the stock is currently owned by institutional investors.

About Workiva

(Get Free Report)

Workiva Inc, together with its subsidiaries, provides cloud-based compliance and regulatory reporting solutions worldwide. The company offers Workiva platform that offers controlled collaboration, data linking, data integrations, granular permissions, process management, and full audit trail services; and provides tools that enables customers to connect data from enterprise resource planning, human capital management, and customer relationship management systems, as well as from other third-party cloud and on-premise applications.

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Insider Buying and Selling by Quarter for Workiva (NYSE:WK)

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