KLP Kapitalforvaltning AS Sells 7,100 Shares of Workday, Inc. $WDAY

Posted by Donald Scott on Jan 8th, 2026

KLP Kapitalforvaltning AS cut its position in shares of Workday, Inc. (NASDAQ:WDAY – Free Report) by 7.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 92,784 shares of the software maker’s stock after selling 7,100 shares during the quarter. KLP Kapitalforvaltning AS’s holdings in Workday were worth $22,336,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Rakuten Securities Inc. bought a new stake in shares of Workday in the 2nd quarter worth approximately $25,000. Berbice Capital Management LLC raised its stake in shares of Workday by 136.4% in the second quarter. Berbice Capital Management LLC now owns 130 shares of the software maker’s stock valued at $31,000 after purchasing an additional 75 shares in the last quarter. Golden State Wealth Management LLC lifted its position in Workday by 2,216.7% in the second quarter. Golden State Wealth Management LLC now owns 139 shares of the software maker’s stock worth $33,000 after purchasing an additional 133 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new stake in Workday during the second quarter worth $41,000. Finally, Physician Wealth Advisors Inc. bought a new stake in Workday in the 2nd quarter valued at $42,000. Institutional investors and hedge funds own 89.81% of the company’s stock.

Workday Stock Up 0.4%

NASDAQ WDAY opened at $211.11 on Thursday. The stock’s 50 day simple moving average is $220.97 and its 200 day simple moving average is $228.80. Workday, Inc. has a one year low of $202.22 and a one year high of $283.68. The firm has a market cap of $55.52 billion, a PE ratio of 88.70, a price-to-earnings-growth ratio of 2.37 and a beta of 1.14. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.83 and a quick ratio of 1.83.

Workday (NASDAQ:WDAY – Get Free Report) last posted its quarterly earnings data on Tuesday, November 25th. The software maker reported $2.32 EPS for the quarter, topping analysts’ consensus estimates of $2.17 by $0.15. The company had revenue of $2.43 billion for the quarter, compared to analyst estimates of $2.42 billion. Workday had a return on equity of 10.50% and a net margin of 6.95%.The business’s revenue was up 12.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.89 earnings per share. As a group, sell-side analysts forecast that Workday, Inc. will post 2.63 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Workday news, insider Gerrit S. Kazmaier sold 6,547 shares of the stock in a transaction on Friday, December 19th. The stock was sold at an average price of $218.77, for a total value of $1,432,287.19. Following the transaction, the insider directly owned 111,353 shares in the company, valued at approximately $24,360,695.81. This trade represents a 5.55% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael M. Mcnamara sold 5,393 shares of the company’s stock in a transaction on Friday, October 10th. The shares were sold at an average price of $235.16, for a total value of $1,268,217.88. Following the transaction, the director directly owned 24,078 shares in the company, valued at $5,662,182.48. This trade represents a 18.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 291,877 shares of company stock valued at $62,549,989 over the last three months. Company insiders own 19.31% of the company’s stock.

Analysts Set New Price Targets

WDAY has been the topic of several recent research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Workday in a research report on Wednesday, October 8th. Citizens Jmp restated a “market outperform” rating and set a $315.00 price target on shares of Workday in a research note on Wednesday, November 26th. TD Cowen lowered their price objective on Workday from $290.00 to $280.00 and set a “buy” rating on the stock in a research note on Wednesday, November 26th. Piper Sandler raised Workday from an “underweight” rating to a “neutral” rating and boosted their price target for the company from $220.00 to $235.00 in a research note on Wednesday, September 17th. Finally, Loop Capital set a $280.00 price objective on Workday in a research note on Wednesday, December 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $281.59.

View Our Latest Analysis on Workday

Key Headlines Impacting Workday

Here are the key news stories impacting Workday this week:

Positive Sentiment: An independent intrinsic‑value writeup argued WDAY could be materially undervalued (~40% upside), highlighting potential longer‑term upside versus current market pricing. An Intrinsic Calculation For Workday, Inc. (NASDAQ:WDAY) Suggests It’s 40% Undervalued
Positive Sentiment: Workday added a Workday‑certified integration (Euna Marketplace) to its Marketplace, which can incrementally strengthen ecosystem adoption in the public sector and support incremental SaaS purchases and integrations. Euna Solutions’ Marketplace Achieves Workday Certified Integration
Negative Sentiment: Multiple insiders executed sizeable sales over Jan 5–6, which can be perceived as a near‑term negative signal for sentiment — CEO Carl Eschenbach sold 3,125 shares at ~$210. SEC Filing — Carl M. Eschenbach Form 4
Negative Sentiment: CFO Zane Rowe sold 6,000 shares at an average of $208.75 (~$1.25M), a ~3.6% reduction in his holding — a sale from the finance chief that can draw investor attention. SEC Filing — Zane Rowe Form 4
Negative Sentiment: Long‑time insider Robert Enslin sold 22,185 shares (~$4.66M) — a 17.3% cut to his position — the largest of the reported transactions and the most likely to influence investor perception. SEC Filing — Robert Enslin Form 4
Negative Sentiment: Other insider sales: Gerrit S. Kazmaier sold 3,759 shares (~$785k) and Richard H. Sauer sold 1,130 shares (~$237k), both modest but additive to the overall selling narrative. SEC Filing — Gerrit S. Kazmaier Form 4 SEC Filing — Richard H. Sauer Form 4

Workday Profile

(Free Report)

Workday, Inc (NASDAQ: WDAY) is a provider of cloud-based enterprise applications focused on human capital management (HCM) and financial management. Founded in 2005 by Dave Duffield and Aneel Bhusri following their tenure at PeopleSoft, the company develops software-as-a-service solutions that help organizations manage workforce and financial processes in a unified, cloud-native environment. Workday’s platform emphasizes continuous updates, data security, and a configurable architecture aimed at large and mid-sized enterprises.

The company’s product portfolio centers on Workday Human Capital Management and Workday Financial Management, with additional offerings for payroll, talent management, workforce planning and analytics.