Atria Investments Inc Has $361,000 Stock Holdings in Workiva Inc. (NYSE:WK)

Atria Investments Inc cut its holdings in shares of Workiva Inc. (NYSE:WK) by 8.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,567 shares of the software maker’s stock after selling 431 shares during the period. Atria Investments Inc’s holdings in Workiva were worth $361,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. State Board of Administration of Florida Retirement System grew its holdings in Workiva by 9.2% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 15,260 shares of the software maker’s stock valued at $1,294,000 after buying an additional 1,290 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of 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 during the last quarter. CANADA LIFE ASSURANCE Co raised its holdings in Workiva by 15.7% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 76,702 shares of the software maker’s stock worth $6,502,000 after acquiring an additional 10,380 shares during the last quarter. EntryPoint Capital LLC purchased a new stake in Workiva in the 1st quarter worth $40,000. Finally, Dynasty Wealth Management LLC bought a new stake in Workiva during the 1st quarter valued at approximately $226,000. Institutional investors own 92.21% of the company’s stock.

Insider Buying and Selling

In other Workiva news, EVP Michael D. Hawkins sold 2,761 shares of the stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $74.60, for a total transaction of $205,970.60. Following the completion of the transaction, the executive vice president now owns 49,887 shares of the company’s stock, valued at $3,721,570.20. This trade represents a 5.24 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 3.86% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

WK has been the subject of a number of recent research reports. StockNews.com cut shares of Workiva from a “buy” rating to a “hold” rating in a research note on Saturday, August 3rd. Robert W. Baird raised their price objective on Workiva from $94.00 to $110.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Northland Securities reduced their price objective on shares of Workiva from $106.00 to $95.00 and set an “outperform” rating for the company in a research note on Friday, August 2nd. Stifel Nicolaus lifted their price objective on shares of Workiva from $85.00 to $102.00 and gave the stock a “hold” rating in a research report on Thursday, November 7th. Finally, BMO Capital Markets upped their target price on Workiva from $96.00 to $104.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $103.20.

Workiva Trading Up 2.5 %

WK stock opened at $94.53 on Friday. Workiva Inc. has a 12-month low of $65.47 and a 12-month high of $105.00. The business’s 50-day moving average is $82.16 and its 200 day moving average is $78.02. The stock has a market cap of $5.24 billion, a price-to-earnings ratio of -102.75 and a beta of 1.05.

About Workiva

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.