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Nordea Investment Management cuts Workiva shares by 5.7% amid mixed analyst outlook and ongoing buyback program.

Market News
23 Mar 2026
Defense World
View Source
Neutral
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Nordea Investment Management reduced its stake in Workiva Inc. by 5.7% in Q4, selling 77,478 shares and holding about 2.3% of the company. Despite this, other investors like Millennium Management increased their positions, and Workiva recently reported strong quarterly earnings with a 19.5% revenue increase year-over-year. The company also authorized a $250 million share buyback, signaling confidence in its stock. Analysts maintain a moderate buy rating, though price targets have been lowered, reflecting cautious optimism about Workiva's future performance.

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