In a filing, Workiva Inc revealed 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 $2.53 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 0.79% to $89.78. Over the last five days, the stock has lost -7.30%. Workiva Inc shares have fallen nearly -18.01% since the year began. Nevertheless, the stocks have fallen -2.31% 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 02/18/25. SMA at 50 days reached $104.41, while 200 days put it at $85.40.
Levels Of Support And Resistance For WK Stock
The 24-hour chart illustrates a support level at 88.53, which if violated will result in even more drops to 87.28. On the upside, there is a resistance level at 90.90. A further resistance level may holdings at 92.02. The Relative Strength Index (RSI) on the 14-day chart is 34.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.31%. Stochastics %K at 3.63% indicates the stock is a buying.
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.
