Knights of Columbus Asset Advisors LLC Has $1.89 Million Holdings in Workiva Inc. $WK

Knights of Columbus Asset Advisors LLC lessened its holdings in Workiva Inc. (NYSE:WK) by 2.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,588 shares of the software maker’s stock after selling 575 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in Workiva were worth $1,888,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. SVB Wealth LLC acquired a new stake in shares of Workiva in the 1st quarter worth about $26,000. Farther Finance Advisors LLC increased its stake in Workiva by 705.9% in the 1st quarter. Farther Finance Advisors LLC now owns 411 shares of the software maker’s stock valued at $31,000 after buying an additional 360 shares during the last quarter. Bayforest Capital Ltd purchased a new stake in Workiva in the 1st quarter valued at about $39,000. Harbour Investments Inc. purchased a new stake in Workiva in the 1st quarter valued at about $39,000. Finally, Bessemer Group Inc. increased its stake in Workiva by 109.2% in the 1st quarter. Bessemer Group Inc. now owns 567 shares of the software maker’s stock valued at $43,000 after buying an additional 296 shares during the last quarter. Institutional investors and hedge funds own 92.21% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on WK. Wall Street Zen upgraded shares of Workiva from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. Stifel Nicolaus increased their price objective on shares of Workiva from $85.00 to $92.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. BMO Capital Markets increased their price objective on shares of Workiva from $90.00 to $100.00 and gave the company an “outperform” rating in a research note on Tuesday, September 30th. Capital One Financial set a $100.00 price objective on shares of Workiva in a research note on Tuesday, September 30th. Finally, Raymond James Financial decreased their price objective on shares of Workiva from $105.00 to $95.00 and set an “outperform” rating for the company in a research note on Friday, August 1st. Ten research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $99.27.

Workiva Stock Up 1.4%

Workiva stock opened at $89.02 on Tuesday. Workiva Inc. has a twelve month low of $60.50 and a twelve month high of $116.83. The firm has a 50 day moving average price of $78.97 and a 200-day moving average price of $72.70. The company has a market capitalization of $4.99 billion, a P/E ratio of -74.18 and a beta of 0.87.

Workiva (NYSE:WK) last released its earnings results on Thursday, July 31st. The software maker reported $0.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.14. The company had revenue of $215.19 million for the quarter, compared to the consensus estimate of $208.92 million. During the same period in the prior year, the company earned $0.16 earnings per share. The firm’s revenue was up 21.2% on a year-over-year basis. Workiva has set its FY 2025 guidance at 1.310-1.380 EPS. Q3 2025 guidance at 0.370-0.410 EPS. Equities analysts expect that Workiva Inc. will post -0.92 EPS for the current fiscal year.

Workiva Profile

Workiva Inc, together with its subsidiaries, provides cloud-based reporting solutions in the United States and internationally. The company offers Workiva platform, a multi-tenant cloud software that provides data linking capabilities; audit trail services; administrators access management; and allows customers to connect data from multiple enterprise resource planning, human capital management, and customer relationship management systems, as well as other third-party cloud and on-premise applications.