OneDigital Investment Advisors LLC Lowers Position in Workday, Inc. $WDAY

OneDigital Investment Advisors LLC decreased its stake in shares of Workday, Inc. (NASDAQ:WDAY) by 93.9% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 1,927 shares of the software maker’s stock after selling 29,836 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in Workday were worth $464,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Lansforsakringar Fondforvaltning AB publ increased its holdings in shares of Workday by 5.8% during the 3rd quarter. Lansforsakringar Fondforvaltning AB publ now owns 69,428 shares of the software maker’s stock worth $16,713,000 after buying an additional 3,798 shares during the last quarter. Citigroup Inc. boosted its holdings in Workday by 112.9% in the third quarter. Citigroup Inc. now owns 1,042,219 shares of the software maker’s stock valued at $250,893,000 after acquiring an additional 552,721 shares during the last quarter. Asahi Life Asset Management CO. LTD. purchased a new stake in Workday during the third quarter valued at about $437,000. Sava Infond d.o.o. increased its stake in Workday by 1.7% during the third quarter. Sava Infond d.o.o. now owns 20,450 shares of the software maker’s stock worth $4,923,000 after acquiring an additional 350 shares during the last quarter. Finally, ICICI Prudential Asset Management Co Ltd increased its stake in Workday by 187.6% during the third quarter. ICICI Prudential Asset Management Co Ltd now owns 32,232 shares of the software maker’s stock worth $7,759,000 after acquiring an additional 21,025 shares during the last quarter. Institutional investors and hedge funds own 89.81% of the company’s stock.

Insider Buying and Selling at Workday

In related news, CAO Mark S. Garfield sold 953 shares of the stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of $209.56, for a total value of $199,710.68. Following the completion of the transaction, the chief accounting officer owned 35,336 shares of the company’s stock, valued at approximately $7,405,012.16. This represents a 2.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, major shareholder David A. Duffield sold 82,884 shares of Workday stock in a transaction that occurred on Thursday, January 8th. The stock was sold at an average price of $209.75, for a total value of $17,384,919.00. Following the sale, the insider owned 105,049 shares in the company, valued at $22,034,027.75. This represents a 44.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 370,321 shares of company stock valued at $78,866,401. Company insiders own 19.31% of the company’s stock.

Workday Trading Down 3.8%

NASDAQ WDAY opened at $133.76 on Friday. The company’s fifty day simple moving average is $179.53 and its 200-day simple moving average is $211.86. Workday, Inc. has a 52 week low of $117.76 and a 52 week high of $276.00. The company has a current ratio of 1.32, a quick ratio of 1.83 and a debt-to-equity ratio of 0.38. The stock has a market cap of $35.18 billion, a P/E ratio of 51.85, a PEG ratio of 1.23 and a beta of 1.13.

Workday (NASDAQ:WDAY) last released its quarterly earnings results on Tuesday, February 24th. The software maker reported $2.47 earnings per share for the quarter, beating analysts’ consensus estimates of $2.32 by $0.15. Workday had a net margin of 7.26% and a return on equity of 13.37%. The business had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.52 billion. During the same period last year, the business earned $1.92 EPS. The business’s revenue was up 14.5% on a year-over-year basis. Equities research analysts predict that Workday, Inc. will post 2.63 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Citizens Jmp lowered Workday from an “outperform” rating to a “market perform” rating in a research note on Wednesday, February 18th. JPMorgan Chase & Co. cut their price target on shares of Workday from $270.00 to $230.00 and set an “overweight” rating on the stock in a report on Tuesday, February 24th. Needham & Company LLC reiterated a “buy” rating and set a $300.00 price objective on shares of Workday in a research note on Wednesday. Cantor Fitzgerald reissued an “overweight” rating and issued a $200.00 price objective on shares of Workday in a research report on Monday, February 23rd. Finally, Wall Street Zen downgraded shares of Workday from a “strong-buy” rating to a “buy” rating in a research note on Saturday. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and fifteen have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $205.19.

Trending Headlines about Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Insperity partnership expands Workday into the SMB market with the general availability of Insperity HRScale, pairing Workday HCM with outsourced HR services — a tangible route to new recurring revenue and smaller-account penetration. Workday And Insperity Target SMB Growth With New HRScale Partnership
• Positive Sentiment: Healthcare integrations: Kahuna and Skillcentrix will bring clinically validated skills data into Workday for frontline healthcare workforces, strengthening industry-specific stickiness and compliance value of the platform. Kahuna and Skillcentrix Partner to Bring Trusted, Clinically Validated Skills Data into Workday
• Positive Sentiment: Bullish coverage and buyback/institutional support arguments note solid Q4 execution (revenue and EPS beat, margin expansion) and argue the pullback presents a long-term buying opportunity. Workday, Seriously, It’s Time to Buy This SaaS Leader
• Neutral Sentiment: Q4 results mixed: revenue and EPS topped expectations and margins improved, but management issued softer near-term guidance (2027), creating uncertainty around growth cadence despite operating leverage. Workday (WDAY) Is Down 9.0% After Softer 2027 Outlook and CEO Shift Back to Co-Founder
• Neutral Sentiment: Analyst reactions are mixed — some firms raised or maintained Buy ratings and raised targets, while many cut price targets after the guidance miss; that spread increases short-term volatility as investors sort the outlook. Workday Given New $206.00 Price Target at The Goldman Sachs Group
• Negative Sentiment: Significant analyst downgrades and price-target cuts (e.g., DA Davidson to $125, Citi cut to $148, UBS to $130 and multiple others) have pressured the stock and triggered a gap down in early trading. Workday price target lowered to $125 from $250 at DA Davidson
• Negative Sentiment: Macro/sector risk: renewed AI-selloff and skepticism about how AI will reshape enterprise software have depressed valuation multiples across SaaS names and increased investor risk aversion for names like Workday. Commentary from high‑profile commentators has added to the negative sentiment. Will AI Kill Software? Fear Creeps Beyond ‘Saaspocalypse,’ Hits IBM, DoorDash
• Negative Sentiment: Market reaction driven by guidance cut and executive leadership change (co‑founder Aneel Bhusri returning as CEO) increased uncertainty and likely accelerated selling pressure. Workday Retreats As Fiscal 2027 Guidance Falls Short Amid CEO’s Return

Workday Company Profile

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.