Workiva Inc’s recent filing unveils that its Former CEO RIZAI MATTHEW M acquired Company’s shares for reported $0.23 million on Dec 18 ’24. In the deal valued at $115.58 per share,2,000 shares were bought.
Then, RADIA SUKU V. sold 25,678 shares, generating $2,439,410 in total proceeds. Upon selling the shares at $95.00, the Director now owns 28,154 shares.
Before that, Herz Robert H sold 4,800 shares. Workiva Inc shares valued at $454,896 were divested by the Director at a price of $94.77 per share. As a result of the transaction, Herz Robert H now holds 38,309 shares, worth roughly $4.34 million.
Stifel upgraded its Workiva Inc [WK] rating to a Buy from a a Hold in a research note published on December 18, 2024; the price target was increased to $130 from $102. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who remained covering the stock and in early November has reiterated a ‘”an Outperform”‘ rating for it. Wolfe Research began covering WK with “an Outperform” recommendation on August 28, 2023. Goldman started covering the stock on October 21, 2022. It rated WK as “a Buy”.
Price Performance Review of WK
On Tuesday, Workiva Inc [NYSE:WK] saw its stock jump 1.36% to $113.18. Over the last five days, the stock has gained 3.56%. Workiva Inc shares have risen nearly 11.47% since the year began. Nevertheless, the stocks have risen 8.93% over the past one year. While a 52-week high of $116.83 was reached on 12/18/24, a 52-week low of $65.47 was recorded on 08/02/24. SMA at 50 days reached $93.49, while 200 days put it at $81.55.
Levels Of Support And Resistance For WK Stock
The 24-hour chart illustrates a support level at 112.11, which if violated will result in even more drops to 111.05. On the upside, there is a resistance level at 113.71. A further resistance level may holdings at 114.25. The Relative Strength Index (RSI) on the 14-day chart is 75.26, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 6.23, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 21.78%. Stochastics %K at 79.60% indicates the stock is a holding.
How much short interest is there in Workiva Inc?
A steep rise in short interest was recorded in Workiva Inc stocks on 2024-11-29, dropping by -0.2 million shares to a total of 2.34 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 2.53 million shares. There was a decline of -8.53%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on September 01, 2022 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $86 price target.
