Workiva Inc. (NYSE:WK) Stock Position Increased by Mirabella Financial Services LLP

Mirabella Financial Services LLP grew its position in Workiva Inc. (NYSE:WK) by 515.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 72,302 shares of the software maker’s stock after purchasing an additional 60,553 shares during the period. Mirabella Financial Services LLP owned approximately 0.13% of Workiva worth $5,559,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in Workiva by 3.6% in the 1st quarter. Vanguard Group Inc. now owns 5,185,929 shares of the software maker’s stock worth $439,767,000 after buying an additional 181,520 shares in the last quarter. EntryPoint Capital LLC acquired a new position in shares of Workiva during the first quarter valued at $40,000. Dynasty Wealth Management LLC acquired a new position in shares of Workiva during the first quarter valued at $226,000. Vancity Investment Management Ltd raised its stake in shares of Workiva by 47.4% during the first quarter. Vancity Investment Management Ltd now owns 13,428 shares of the software maker’s stock valued at $1,138,000 after purchasing an additional 4,316 shares in the last quarter. Finally, Motley Fool Asset Management LLC acquired a new stake in Workiva in the first quarter worth about $289,000. Institutional investors and hedge funds own 92.21% of the company’s stock.

Insider Buying and Selling at Workiva

In other Workiva news, EVP Michael D. Hawkins sold 2,761 shares of Workiva stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $74.60, for a total transaction of $205,970.60. Following the transaction, the executive vice president now directly owns 49,887 shares in the company, valued at approximately $3,721,570.20. The trade was a 5.24 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 3.86% of the company’s stock.

Workiva Stock Up 1.2 %

Shares of NYSE WK opened at $96.81 on Monday. The business has a fifty day simple moving average of $82.57 and a 200-day simple moving average of $78.07. Workiva Inc. has a 12 month low of $65.47 and a 12 month high of $105.00.

Analyst Ratings Changes

A number of analysts have commented on WK shares. Northland Securities dropped their price target on shares of Workiva from $106.00 to $95.00 and set an “outperform” rating on the stock in a research report on Friday, August 2nd. Robert W. Baird boosted their target price on Workiva from $94.00 to $110.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. BMO Capital Markets increased their price target on Workiva from $96.00 to $104.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Stifel Nicolaus boosted their price objective on Workiva from $85.00 to $102.00 and gave the stock a “hold” rating in a research note on Thursday, November 7th. Finally, StockNews.com cut Workiva from a “buy” rating to a “hold” rating in a research note on Saturday, August 3rd. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $103.20.

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.