Hsbc Holdings PLC Raises Position in Workiva Inc. (NYSE:WK)

Hsbc Holdings PLC boosted its stake in shares of Workiva Inc. (NYSE:WK – Free Report) by 316.5% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,304 shares of the software maker’s stock after purchasing an additional 10,870 shares during the period. Hsbc Holdings PLC’s [...]

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Hsbc Holdings PLC boosted its stake in shares of Workiva Inc. ( NYSE:WK – Free Report ) by 316.5% during the 2nd quarter, according to its most recent Form 13F filing with the SEC.

The institutional investor owned 14,304 shares of the software maker’s stock after purchasing an additional 10,870 shares during the period. Hsbc Holdings PLC’s holdings in Workiva were worth $1,045,000 at the end of the most recent quarter. Several other hedge funds have also bought and sold shares of the stock.



EntryPoint Capital LLC bought a new position in shares of Workiva in the first quarter worth approximately $40,000. Fidelis Capital Partners LLC bought a new position in shares of Workiva in the first quarter worth about $45,000. RiverPark Advisors LLC grew its holdings in Workiva by 361.

5% during the 1st quarter. RiverPark Advisors LLC now owns 1,140 shares of the software maker’s stock valued at $97,000 after buying an additional 893 shares in the last quarter. Headlands Technologies LLC lifted its holdings in shares of Workiva by 896.

0% in the second quarter. Headlands Technologies LLC now owns 1,753 shares of the software maker’s stock worth $128,000 after buying an additional 1,577 shares in the last quarter. Finally, Dynasty Wealth Management LLC bought a new stake in Workiva in the 1st quarter valued at $226,000.

Institutional investors own 92.21% of the company’s stock. Insider Buying and Selling In other news, EVP Michael D.

Hawkins sold 2,761 shares of the business’s stock in a transaction dated 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 in the company, valued at approximately $3,721,570.20.

The transaction was disclosed in a document filed with the SEC, which is available at the SEC website . 3.86% of the stock is owned by insiders.

Analysts Set New Price Targets Read Our Latest Research Report on Workiva Workiva Stock Up 2.5 % WK stock opened at $80.48 on Friday.

Workiva Inc. has a twelve month low of $65.47 and a twelve month high of $105.

00. The firm has a market cap of $4.41 billion, a price-to-earnings ratio of -46.

79 and a beta of 1.05. The business’s fifty day simple moving average is $75.

74 and its two-hundred day simple moving average is $77.45. Workiva ( NYSE:WK – Get Free Report ) last posted its quarterly earnings results on Thursday, August 1st.

The software maker reported $0.16 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.

02). The company had revenue of $177.50 million for the quarter, compared to the consensus estimate of $175.

22 million. Workiva’s revenue for the quarter was up 14.5% compared to the same quarter last year.

During the same quarter in the previous year, the company earned ($0.36) earnings per share. Research analysts expect that Workiva Inc.

will post -0.86 EPS for the current year. About Workiva ( Free Report ) 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. Featured Stories Receive News & Ratings for Workiva Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Workiva and related companies with MarketBeat.com's FREE daily email newsletter .

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