Workiva Inc’s recently made public that its EVP, Sales Hawkins Michael D. unloaded Company’s shares for reported $0.21 million on Feb 26 ’24. In the deal valued at $86.87 per share,2,381 shares were sold. As a result of this transaction, Hawkins Michael D. now holds 62,453 shares worth roughly $5.01 million.
Then, Hawkins Michael D. sold 11,439 shares, generating $1,070,919 in total proceeds. Upon selling the shares at $93.62, the EVP, Sales now owns 62,453 shares.
Before that, Klindt Jill sold 2,931 shares. Workiva Inc shares valued at $279,031 were divested by the EVP, CFO & Treasurer at a price of $95.20 per share. As a result of the transaction, Klindt Jill now holds 80,197 shares, worth roughly $6.44 million.
Wolfe Research initiated its Workiva Inc [WK] rating to an Outperform in a research note published on August 28, 2023; the price target was $120. A number of analysts have revised their coverage, including Goldman’s analysts, who began to cover the stock in late October with a ‘”a Buy”‘ rating. Citigroup began covering WK with “Buy” recommendation on September 01, 2022. Stifel revised its rating on May 04, 2022. It rated WK as “a Hold” which previously was an “a Buy”.
Price Performance Review of WK
On Tuesday, Workiva Inc [NYSE:WK] saw its stock jump 1.52% to $80.29. Over the last five days, the stock has gained 4.19%. Workiva Inc shares have fallen nearly -20.92% since the year began. Nevertheless, the stocks have fallen -17.48% over the past one year. While a 52-week high of $116.00 was reached on 01/24/24, a 52-week low of $76.63 was recorded on 04/16/24. SMA at 50 days reached $84.03, while 200 days put it at $95.44. A total of 0.23 million shares were traded, compared to the trading of 0.26 million shares in the previous session.
Levels Of Support And Resistance For WK Stock
The 24-hour chart illustrates a support level at 78.78, which if violated will result in even more drops to 77.26. On the upside, there is a resistance level at 81.84. A further resistance level may holdings at 83.39. The Relative Strength Index (RSI) on the 14-day chart is 46.90, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.42, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 53.32%. Stochastics %K at 31.25% indicates the stock is a holding.
The most recent change occurred on February 23, 2022 when BMO Capital Markets resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $127.
