Michael Hawkins, Executive Vice President of Sales at Workiva Inc (WK, Financial), sold 2,761 shares of the company on September 13, 2024, according to a recent SEC Filing. Following this transaction, the insider now owns 49,887 shares of Workiva Inc.
Over the past year, Michael Hawkins has engaged in multiple transactions, selling a total of 22,011 shares and purchasing none. This latest sale occurred with shares priced at $74.6 each, giving the transaction a total value of $205,739.60.
Workiva Inc (WK, Financial) specializes in providing cloud-based solutions for connected reporting and compliance across various business needs. The company's platform helps streamline processes and enhance data integrity, allowing for more efficient reporting and compliance.
On the date of the sale, Workiva Inc had a market cap of approximately $4.183 billion. The stock's valuation metrics, such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, are calculated based on historical trading multiples, adjustments for past performance, and analyst estimates of future business performance.
According to the GF Value, the intrinsic value of Workiva Inc's stock is estimated at $111.61, suggesting that the stock is significantly undervalued with a price-to-GF-Value ratio of 0.67.
Insider transaction trends at Workiva Inc over the past year show a pattern of more sales than purchases among insiders, with 9 recorded sales and 3 purchases.
Investors and analysts often monitor insider sales and purchases as they can provide insights into a company's financial health and future prospects. The recent activities at Workiva Inc will continue to be watched closely by market participants.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
