Truist Financial analyst Terry Tillman reiterated a Buy rating on Workiva (WK – Research Report) today. The company’s shares closed yesterday at $80.04.
Tillman covers the Technology sector, focusing on stocks such as Q2 Holdings, Manhattan Associates, and SS&C Technologies Holdings. According to TipRanks, Tillman has an average return of 17.1% and a 59.79% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Workiva with a $103.20 average price target, implying a 28.94% upside from current levels. In a report released today, Goldman Sachs also maintained a Buy rating on the stock with a $118.00 price target.
WK market cap is currently $4.39B and has a P/E ratio of -34.01.
Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WK in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Workiva (WK) Company Description:
Workiva, Inc. engages in the provision of cloud-based solutions for connected data, reporting and compliance. Its platform, Wdesk, offers controlled collaboration, data linking, data integrations, granular permissions, process management and a full audit trail. The company was founded by Matthew M. Rizai, Jerome M. Behar, Martin J. Vanderploeg, Joseph H. Howell, and Daniel J. Murray in August 2008 and is headquartered in Ames, IA.
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