Workiva Inc’s recently made public 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 $4.21 million.
Raymond James upgraded its Workiva Inc [WK] rating to an Outperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Stifel’s analysts, who increased its forecast for the stock in mid December from “a Hold” to “a Buy”. BMO Capital Markets also remained covering WK and reiterated its “an Outperform” recommendation on November 07, 2024. Wolfe Research started covering the stock on August 28, 2023. It rated WK as “an Outperform”.
Price Performance Review of WK
On Tuesday, Workiva Inc [NYSE:WK] saw its stock jump 3.90% to $110.00. Over the last five days, the stock has lost -1.91%. Workiva Inc shares have risen nearly 0.46% since the year began. Nevertheless, the stocks have risen 15.89% over the past one year. While a 52-week high of $116.83 was reached on 01/06/25, a 52-week low of $65.47 was recorded on 01/13/25. SMA at 50 days reached $100.61, while 200 days put it at $83.11.
Levels Of Support And Resistance For WK Stock
The 24-hour chart illustrates a support level at 107.90, which if violated will result in even more drops to 105.80. On the upside, there is a resistance level at 111.32. A further resistance level may holdings at 112.64. The Relative Strength Index (RSI) on the 14-day chart is 57.15, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.98, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 45.29%. Stochastics %K at 26.72% 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 2024-12-31, growing by 0.36 million shares to a total of 2.69 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 2.34 million shares. There was a rise of 13.23%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 21, 2022 when Goldman began covering the stock and recommended ‘”a Buy”‘ rating along with a $101 price target.