OneDigital Investment Advisors LLC Has $3.17 Million Stock Holdings in Workiva Inc. (NYSE:WK)

OneDigital Investment Advisors LLC lowered its holdings in shares of Workiva Inc. (NYSE:WK) by 0.9% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 40,107 shares of the software maker’s stock after selling 359 shares during the period. OneDigital Investment Advisors LLC owned about 0.07% of Workiva worth $3,173,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of WK. Versor Investments LP acquired a new stake in Workiva in the third quarter valued at approximately $1,217,000. TimesSquare Capital Management LLC lifted its stake in shares of Workiva by 4.3% in the 3rd quarter. TimesSquare Capital Management LLC now owns 467,769 shares of the software maker’s stock valued at $37,010,000 after acquiring an additional 19,095 shares during the last quarter. Cetera Investment Advisers acquired a new stake in shares of Workiva during the 1st quarter valued at $1,629,000. Comerica Bank grew its position in Workiva by 23.8% during the 1st quarter. Comerica Bank now owns 87,999 shares of the software maker’s stock worth $7,462,000 after acquiring an additional 16,943 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co increased 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 purchasing an additional 10,380 shares in the last quarter. Institutional investors and hedge funds own 92.21% of the company’s stock.

Insider Buying and Selling

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

Analyst Upgrades and Downgrades

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

Workiva Trading Down 2.1 %

WK opened at $91.28 on Friday. The company has a fifty day moving average price of $80.52 and a two-hundred day moving average price of $77.68. The company has a market cap of $5.04 billion, a P/E ratio of -99.22 and a beta of 1.05. Workiva Inc. has a 1-year low of $65.47 and a 1-year high of $105.00.

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.