Workiva Inc (NYSE:WK) EVP Scott G. Ryan sold 31,250 shares of the stock in a transaction dated Friday, August 16th. The stock was sold at an average price of $56.25, for a total transaction of $1,757,812.50. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
WK opened at $50.01 on Friday. Workiva Inc has a twelve month low of $30.35 and a twelve month high of $64.11. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 3.80. The company has a 50-day moving average price of $58.78 and a 200 day moving average price of $52.81. The company has a market cap of $2.37 billion, a PE ratio of -53.77 and a beta of 0.96.
Workiva (NYSE:WK) last released its quarterly earnings results on Tuesday, August 6th. The software maker reported ($0.18) earnings per share for the quarter, missing the consensus estimate of ($0.10) by ($0.08). The company had revenue of $73.48 million for the quarter, compared to analysts’ expectations of $68.96 million. During the same period in the previous year, the business posted ($0.12) EPS. The firm’s revenue was up 24.3% on a year-over-year basis. As a group, sell-side analysts expect that Workiva Inc will post -1.03 earnings per share for the current year.
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Advisor Group Inc. raised its position in shares of Workiva by 238.1% during the 4th quarter. Advisor Group Inc. now owns 710 shares of the software maker’s stock worth $26,000 after purchasing an additional 500 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. raised its holdings in Workiva by 541.7% in the 2nd quarter. Ladenburg Thalmann Financial Services Inc. now owns 462 shares of the software maker’s stock valued at $27,000 after acquiring an additional 390 shares during the last quarter. Macquarie Group Ltd. raised its holdings in Workiva by 57.1% in the 4th quarter. Macquarie Group Ltd. now owns 1,100 shares of the software maker’s stock valued at $39,000 after acquiring an additional 400 shares during the last quarter. Point72 Asset Management L.P. acquired a new stake in Workiva in the 2nd quarter valued at about $52,000. Finally, Advisory Services Network LLC acquired a new stake in Workiva in the 1st quarter valued at about $89,000. Hedge funds and other institutional investors own 52.33% of the company’s stock.
Workiva Company Profile
Workiva Inc provides cloud-based solutions for connected data, reporting, and compliance worldwide. The company offers Wdesk, a platform that provides data collection and linking, data integrations, controlled collaboration, granular permissions, process management, and full audit trail services; and Wdata, which includes data preparation tools, data connectors, and application programming interfaces that enable customers to create direct connections to their data.
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