Wealth Enhancement Advisory Services LLC reduced its stake in Workday, Inc. (NASDAQ:WDAY – Free Report) by 11.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 30,615 shares of the software maker’s stock after selling 4,119 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Workday were worth $6,440,000 at the end of the most recent quarter.
Several other institutional investors have also modified their holdings of WDAY. Rakuten Securities Inc. acquired a new stake in Workday during the second quarter worth about $25,000. Measured Wealth Private Client Group LLC acquired a new position in Workday in the 3rd quarter valued at about $26,000. JPL Wealth Management LLC purchased a new stake in shares of Workday in the 3rd quarter valued at approximately $30,000. Berbice Capital Management LLC grew its stake in shares of Workday by 136.4% in the 2nd quarter. Berbice Capital Management LLC now owns 130 shares of the software maker’s stock valued at $31,000 after buying an additional 75 shares during the period. Finally, Root Financial Partners LLC acquired a new stake in shares of Workday during the 3rd quarter worth approximately $40,000. Hedge funds and other institutional investors own 89.81% of the company’s stock.
Analyst Ratings Changes
Several brokerages recently weighed in on WDAY. Robert W. Baird set a $195.00 price objective on Workday in a research report on Tuesday, February 24th. Raymond James Financial reaffirmed a “market perform” rating on shares of Workday in a research note on Monday, February 9th. Guggenheim cut their price objective on Workday from $285.00 to $275.00 and set a “buy” rating for the company in a research report on Wednesday, February 25th. Piper Sandler dropped their target price on shares of Workday from $200.00 to $135.00 and set a “neutral” rating for the company in a report on Wednesday, February 25th. Finally, Barclays cut their price target on shares of Workday from $230.00 to $200.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 25th. Nineteen investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Workday presently has an average rating of “Moderate Buy” and an average target price of $199.71.
Workday Stock Down 3.0%
Shares of NASDAQ:WDAY opened at $124.18 on Friday. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.38. Workday, Inc. has a twelve month low of $117.76 and a twelve month high of $276.00. The company has a market capitalization of $31.91 billion, a PE ratio of 48.13, a P/E/G ratio of 1.21 and a beta of 1.16. The firm has a 50 day simple moving average of $150.42 and a 200-day simple moving average of $199.06.
Workday (NASDAQ:WDAY – Get Free Report) last issued its quarterly earnings data on Tuesday, February 24th. The software maker reported $2.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.32 by $0.15. The company had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.52 billion. Workday had a return on equity of 13.37% and a net margin of 7.26%.The business’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter last year, the company posted $1.92 earnings per share. On average, equities analysts predict that Workday, Inc. will post 2.63 EPS for the current fiscal year.
Insider Buying and Selling
In other Workday news, insider Gerrit S. Kazmaier sold 3,759 shares of the company’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $208.73, for a total transaction of $784,616.07. Following the completion of the transaction, the insider owned 105,167 shares in the company, valued at approximately $21,951,507.91. This represents a 3.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Robert Enslin sold 22,185 shares of the stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $210.17, for a total transaction of $4,662,621.45. Following the transaction, the insider directly owned 106,330 shares of the company’s stock, valued at $22,347,376.10. This represents a 17.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 765,036 shares of company stock worth $113,952,492. 19.31% of the stock is currently owned by company insiders.
Trending Headlines about Workday
Here are the key news stories impacting Workday this week:
- Positive Sentiment: Analysts remain broadly bullish on Workday, citing strong AI momentum and placement on lists of undervalued cloud names; roughly 60% of analysts keep bullish ratings and the consensus price target (~$180) implies meaningful upside versus current levels. This underpins a constructive medium‑term thesis if AI adoption accelerates. Analysts Remain Confident in Workday (WDAY)’s Outlook Amid Strong AI Momentum
- Neutral Sentiment: Workday set its 2026 annual stockholder meeting for June 16 (virtual) — a routine corporate governance event that gives investors a forum for Q&A but is unlikely to move the stock by itself. Workday Announces Date of Annual Stockholder Meeting on June 16, 2026
- Neutral Sentiment: Street narrative is shifting: firms note increased AI investment but trim near‑term growth/margin forecasts, producing modest fair‑value resets (e.g., ~$184→$181 range). Investors are debating how much to value AI investments versus near‑term earnings trade‑offs. How The Workday (WDAY) Story Is Shifting Toward AI Investment And Slower Growth Expectations
- Negative Sentiment: At least one published price target was cut substantially (reported ~22.8% cut to $186.30), signaling analysts are lowering near‑term expectations and putting downward pressure on sentiment and multiple. Workday (WDAY) price target decreased by 22.83% to 186.30
- Negative Sentiment: Major shareholder David A. Duffield sold 107,500 shares (a reported ~50% reduction in his disclosed holdings), a large insider sale that can spook investors and suggest near‑term liquidity taking by insiders. SEC Form 4: Duffield sale
- Negative Sentiment: Coverage pieces highlight a prolonged share‑price slide (~40–48% over the past year in some pieces) and ongoing valuation reassessment; that backdrop increases sensitivity to any bearish data (cuts, insider sales, slower guidance). Is Workday (WDAY) Now Offering Value After A 48% One-Year Share Price Slide?
Workday 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.
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