Lavelle Capital LP Makes New $883,000 Investment in Workiva Inc. $WK

Lavelle Capital LP acquired a new stake in Workiva Inc. (NYSE:WK) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 14,805 shares of the software maker’s stock, valued at approximately $883,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of WK. LPL Financial LLC boosted its holdings in shares of Workiva by 0.9% during the fourth quarter. LPL Financial LLC now owns 20,475 shares of the software maker’s stock worth $1,766,000 after purchasing an additional 185 shares during the period. Allworth Financial LP increased its holdings in Workiva by 82.3% during the 3rd quarter. Allworth Financial LP now owns 412 shares of the software maker’s stock valued at $35,000 after purchasing an additional 186 shares during the period. King Luther Capital Management Corp increased its holdings in Workiva by 0.3% during the 4th quarter. King Luther Capital Management Corp now owns 80,083 shares of the software maker’s stock valued at $6,907,000 after purchasing an additional 248 shares during the period. Farther Finance Advisors LLC raised its position in Workiva by 66.0% during the 4th quarter. Farther Finance Advisors LLC now owns 669 shares of the software maker’s stock valued at $58,000 after purchasing an additional 266 shares during the last quarter. Finally, First Horizon Corp raised its position in Workiva by 112.1% during the 4th quarter. First Horizon Corp now owns 509 shares of the software maker’s stock valued at $44,000 after purchasing an additional 269 shares during the last quarter. 92.21% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Workiva news, Director Robert H. Herz sold 1,000 shares of the firm’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $49.69, for a total transaction of $49,690.00. Following the completion of the transaction, the director owned 34,802 shares of the company’s stock, valued at approximately $1,729,311.38. This trade represents a 2.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 4.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Wall Street Zen upgraded Workiva from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 25th. Raymond James Financial restated an “outperform” rating and set a $85.00 target price on shares of Workiva in a report on Wednesday, May 6th. Stifel Nicolaus dropped their price target on Workiva from $79.00 to $65.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. BTIG Research cut their price target on shares of Workiva from $90.00 to $80.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Finally, Weiss Ratings downgraded shares of Workiva from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, May 22nd. Ten research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $88.50.

Workiva Stock Performance

Shares of NYSE:WK opened at $59.87 on Friday. Workiva Inc. has a 52-week low of $43.34 and a 52-week high of $97.10. The firm has a market capitalization of $3.36 billion, a P/E ratio of 260.29 and a beta of 0.50. The stock has a 50 day moving average price of $51.37 and a 200-day moving average price of $58.53.

Workiva (NYSE:WK) last released its earnings results on Tuesday, May 5th. The software maker reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.11. Workiva had a negative return on equity of 68.43% and a net margin of 1.53%.The company had revenue of $247.31 million during the quarter, compared to analysts’ expectations of $245.17 million. During the same quarter last year, the business posted $0.14 EPS. The firm’s revenue for the quarter was up 19.9% compared to the same quarter last year. Workiva has set its FY 2026 guidance at 2.850-2.950 EPS and its Q2 2026 guidance at 0.620-0.650 EPS. On average, equities analysts forecast that Workiva Inc. will post 0.92 EPS for the current fiscal year.

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.