Healthcare of Ontario Pension Plan Trust Fund Acquires New Holdings in Workiva Inc. $WK

Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in Workiva Inc. (NYSE:WK) during the first quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 85,762 shares of the software maker’s stock, valued at approximately $5,114,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hotchkis & Wiley Capital Management LLC acquired a new position in Workiva in the 3rd quarter valued at $88,289,000. Norges Bank acquired a new position in Workiva during the 4th quarter worth $53,375,000. Arrowstreet Capital Limited Partnership lifted its position in Workiva by 88.5% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,109,646 shares of the software maker’s stock worth $66,168,000 after acquiring an additional 520,839 shares during the last quarter. Barclays PLC boosted its holdings in Workiva by 531.6% during the fourth quarter. Barclays PLC now owns 582,586 shares of the software maker’s stock valued at $50,248,000 after acquiring an additional 490,351 shares during the period. Finally, AQR Capital Management LLC grew its position in shares of Workiva by 179.2% in the fourth quarter. AQR Capital Management LLC now owns 522,304 shares of the software maker’s stock valued at $45,049,000 after purchasing an additional 335,221 shares during the last quarter. 92.21% of the stock is currently owned by institutional investors and hedge funds.

Workiva Stock Up 5.1%

NYSE:WK opened at $61.47 on Thursday. The firm has a market capitalization of $3.45 billion, a PE ratio of 267.26 and a beta of 0.50. Workiva Inc. has a 12-month low of $43.34 and a 12-month high of $97.10. The firm has a 50-day moving average price of $51.00 and a 200 day moving average price of $58.74.

Workiva (NYSE:WK) last released its quarterly earnings data on Tuesday, May 5th. The software maker reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.11. Workiva had a negative return on equity of 68.43% and a net margin of 1.53%.The company had revenue of $247.31 million for the quarter, compared to the consensus estimate of $245.17 million. During the same period in the previous year, the business earned $0.14 earnings per share. The company’s quarterly revenue was up 19.9% on a year-over-year basis. Workiva has set its FY 2026 guidance at 2.850-2.950 EPS and its Q2 2026 guidance at 0.620-0.650 EPS. On average, research analysts expect that Workiva Inc. will post 0.92 EPS for the current year.

Insider Buying and Selling

In related news, Director Robert H. Herz sold 1,000 shares of the business’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $49.69, for a total value of $49,690.00. Following the sale, the director owned 34,802 shares of the company’s stock, valued at $1,729,311.38. The trade was a 2.79% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 4.77% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

WK has been the subject of several research analyst reports. Zacks Research cut Workiva from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. BTIG Research lowered their target price on Workiva from $90.00 to $80.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Robert W. Baird set a $74.00 price target on Workiva in a research report on Wednesday, May 6th. Raymond James Financial reiterated an “outperform” rating and set a $85.00 price target on shares of Workiva in a report on Wednesday, May 6th. Finally, Weiss Ratings cut Workiva from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, May 22nd. Ten investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $88.50.

Workiva Profile

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.