Harbor Capital Advisors Inc. Has $4.64 Million Stock Position in Workiva Inc. $WK

by · The Markets Daily

Harbor Capital Advisors Inc. grew its stake in Workiva Inc. (NYSE:WK – Free Report) by 36.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 53,760 shares of the software maker’s stock after buying an additional 14,246 shares during the quarter. Harbor Capital Advisors Inc.’s holdings in Workiva were worth $4,637,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. GAMMA Investing LLC raised its holdings in shares of Workiva by 287.8% during the third quarter. GAMMA Investing LLC now owns 287 shares of the software maker’s stock worth $25,000 after acquiring an additional 213 shares during the period. EverSource Wealth Advisors LLC lifted its position in Workiva by 217.9% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 391 shares of the software maker’s stock valued at $34,000 after acquiring an additional 268 shares in the last quarter. Allworth Financial LP boosted its stake in Workiva by 82.3% in the 3rd quarter. Allworth Financial LP now owns 412 shares of the software maker’s stock worth $35,000 after purchasing an additional 186 shares during the period. Essex Investment Management Co. LLC acquired a new position in Workiva in the 3rd quarter worth $63,000. Finally, FNY Investment Advisers LLC bought a new position in Workiva during the 3rd quarter worth about $86,000. Institutional investors own 92.21% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on the company. BTIG Research dropped their price target on Workiva from $105.00 to $90.00 and set a “buy” rating on the stock in a research note on Friday, February 20th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Workiva in a report on Wednesday, January 21st. Robert W. Baird dropped their target price on Workiva from $115.00 to $86.00 and set an “outperform” rating on the stock in a research report on Friday, February 20th. Citigroup restated a “buy” rating on shares of Workiva in a research note on Monday, February 23rd. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $102.00 price target on shares of Workiva in a research report on Friday, February 20th. Eleven equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $95.38.

Get Our Latest Stock Analysis on Workiva

Workiva Stock Down 0.0%

WK stock opened at $60.00 on Friday. The company has a market cap of $3.41 billion, a price-to-earnings ratio of -124.99 and a beta of 0.68. Workiva Inc. has a twelve month low of $56.06 and a twelve month high of $97.10. The business has a 50 day moving average price of $64.19 and a two-hundred day moving average price of $79.36.

Workiva (NYSE:WK – Get Free Report) last announced its quarterly earnings data on Thursday, February 19th. The software maker reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.10. The company had revenue of $238.94 million for the quarter, compared to the consensus estimate of $235.13 million. The company’s revenue for the quarter was up 19.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.35 EPS. Workiva has set its FY 2026 guidance at 2.660-2.760 EPS and its Q1 2026 guidance at 0.640-0.670 EPS. On average, equities research analysts anticipate that Workiva Inc. will post -0.92 EPS for the current fiscal year.

Workiva announced that its Board of Directors has approved a share repurchase plan on Monday, February 16th that permits the company to repurchase $250.00 million in shares. This repurchase authorization permits the software maker to buy up to 7.7% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board of directors believes its stock is undervalued.

Workiva Company Profile

(Free Report)

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.

See Also

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