Workday (NASDAQ:WDAY) Insider Sells $547,218.40 in Stock

Workday, Inc. (NASDAQ:WDAY) insider Richard Harry Sauer sold 2,320 shares of Workday stock in a transaction on Tuesday, October 7th. The shares were sold at an average price of $235.87, for a total value of $547,218.40. Following the completion of the sale, the insider directly owned 90,077 shares of the company’s stock, valued at $21,246,461.99. This trade represents a 2.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Richard Harry Sauer also recently made the following trade(s):

• On Wednesday, September 17th, Richard Harry Sauer sold 1,160 shares of Workday stock. The shares were sold at an average price of $235.41, for a total value of $273,075.60.
• On Thursday, September 11th, Richard Harry Sauer sold 1,160 shares of Workday stock. The shares were sold at an average price of $226.63, for a total value of $262,890.80.

Workday Stock Down 0.0%

NASDAQ WDAY opened at $238.22 on Friday. The stock has a fifty day moving average of $230.13 and a 200-day moving average of $237.10. The stock has a market capitalization of $63.60 billion, a P/E ratio of 110.29, a price-to-earnings-growth ratio of 2.97 and a beta of 1.10. Workday, Inc. has a 52 week low of $205.33 and a 52 week high of $294.00. The company has a debt-to-equity ratio of 0.33, a quick ratio of 2.10 and a current ratio of 2.10.

Workday (NASDAQ:WDAY) last released its earnings results on Thursday, August 21st. The software maker reported $2.21 EPS for the quarter, beating the consensus estimate of $2.09 by $0.12. The company had revenue of $2.35 billion during the quarter, compared to analysts’ expectations of $2.34 billion. Workday had a return on equity of 9.74% and a net margin of 6.51%.The business’s revenue for the quarter was up 12.6% on a year-over-year basis. During the same period last year, the firm earned $1.75 EPS. Workday has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. On average, equities research analysts forecast that Workday, Inc. will post 2.63 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts recently commented on WDAY shares. Oppenheimer decreased their price objective on Workday from $300.00 to $270.00 and set an “outperform” rating for the company in a research note on Friday, August 22nd. Zacks Research raised Workday from a “hold” rating to a “strong-buy” rating in a research note on Thursday, September 18th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $340.00 price objective on shares of Workday in a research note on Wednesday, September 17th. Evercore ISI lifted their price objective on Workday from $275.00 to $300.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 17th. Finally, UBS Group set a $304.00 price objective on Workday in a research note on Friday, August 22nd. Three investment analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $287.83.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Janney Montgomery Scott LLC lifted its holdings in Workday by 5.0% during the first quarter. Janney Montgomery Scott LLC now owns 22,645 shares of the software maker’s stock worth $5,288,000 after acquiring an additional 1,070 shares in the last quarter. Kingswood Wealth Advisors LLC lifted its holdings in shares of Workday by 13.9% in the first quarter. Kingswood Wealth Advisors LLC now owns 1,136 shares of the software maker’s stock valued at $265,000 after purchasing an additional 139 shares in the last quarter. Nisa Investment Advisors LLC lifted its holdings in shares of Workday by 33.8% in the first quarter. Nisa Investment Advisors LLC now owns 32,055 shares of the software maker’s stock valued at $7,486,000 after purchasing an additional 8,093 shares in the last quarter. Chicago Capital LLC lifted its holdings in shares of Workday by 2.2% in the second quarter. Chicago Capital LLC now owns 175,802 shares of the software maker’s stock valued at $42,193,000 after purchasing an additional 3,824 shares in the last quarter. Finally, State of Alaska Department of Revenue lifted its holdings in shares of Workday by 21.1% in the second quarter. State of Alaska Department of Revenue now owns 30,370 shares of the software maker’s stock valued at $7,288,000 after purchasing an additional 5,300 shares in the last quarter. 89.81% of the stock is currently owned by institutional investors.

Workday Company Profile

Workday, Inc provides enterprise cloud applications in the United States and internationally. Its applications help its customers to plan, execute, analyze, and extend to other applications and environments to manage their business and operations. The company offers a suite of financial management applications to maintain accounting information in the general ledger; manage financial processes, such as payables and receivables; identify real-time financial, operational, and management insights; enhance financial consolidation; reduce time-to-close; promote internal control and auditability; and achieve consistency across finance operations.