READYSTATE Dumps 361,000 Workiva Shares Worth $32 Million
2026-03-17 21:07:25 ET
On February 17, 2026, Readystate Asset Management LP disclosed in a U.S. Securities and Exchange Commission (SEC) filing that it sold shares of Workiva (NYSE:WK) .
According to an SEC filing dated February 17, 2026, Readystate Asset Management LP reduced its position in Workiva by 361,224 shares during the fourth quarter of 2025. The estimated value of the share sale was $31.98 million, calculated using the average closing price for the quarter. The quarter-end value of the Workiva holding declined by $31.09 million, a figure that reflects both trading activity and stock price movement.
Workiva operates at scale in the technology sector, specializing in software applications that address regulatory and compliance reporting needs. The company leverages a software-as-a-service (SaaS) business model, providing mission-critical tools that enable secure, collaborative data management for a diverse client base. Its competitive edge lies in its integrated platform, which connects disparate data sources and simplifies compliance workflows for organizations worldwide.
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