Workiva Inc’s filing revealed that its >10% voting rights of outstand RIZAI MATTHEW M acquired Company’s shares for reported $8.61 million on Jan 16 ’25. In the deal valued at $113.26 per share,75,980 shares were bought.
Then, RIZAI MATTHEW M bought 2,000 shares, generating $231,168 in total proceeds.
Before that, RADIA SUKU V. sold 25,678 shares. Workiva Inc shares valued at $2,439,410 were divested by the Director at a price of $95.00 per share. As a result of the transaction, RADIA SUKU V. now holds 28,154 shares, worth roughly $2.94 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 6.98% to $104.51. Over the last five days, the stock has lost -8.36%. Workiva Inc shares have fallen nearly -4.56% since the year began. Nevertheless, the stocks have risen 7.09% over the past one year. While a 52-week high of $116.83 was reached on 01/17/25, a 52-week low of $65.47 was recorded on 01/23/25. SMA at 50 days reached $103.99, while 200 days put it at $84.18.
Levels Of Support And Resistance For WK Stock
The 24-hour chart illustrates a support level at 99.74, which if violated will result in even more drops to 94.96. On the upside, there is a resistance level at 107.22. A further resistance level may holdings at 109.93. The Relative Strength Index (RSI) on the 14-day chart is 48.37, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.58%. Stochastics %K at 27.42% 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 2025-01-15, dropping by 99682.0 shares to a total of 2.58 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 2.68 million shares. There was a decline of -3.87%, which implies that there is a negative 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.
