Yarbrough Capital LLC trimmed its stake in shares of Workday, Inc. (NASDAQ:WDAY – Free Report) by 59.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,508 shares of the software maker’s stock after selling 13,672 shares during the quarter. Yarbrough Capital LLC’s holdings in Workday were worth $2,042,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds also recently made changes to their positions in the business. Rakuten Securities Inc. bought a new position in Workday in the 2nd quarter valued at about $25,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Workday in the third quarter worth $26,000. JPL Wealth Management LLC acquired a new position in shares of Workday in the 3rd quarter valued at about $30,000. Berbice Capital Management LLC boosted its stake in shares of Workday by 136.4% during 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 bought a new stake in shares of Workday in the third quarter valued at approximately $40,000. Institutional investors own 89.81% of the company’s stock.
Analyst Ratings Changes
WDAY has been the subject of a number of recent analyst reports. Mizuho dropped their target price on shares of Workday from $275.00 to $210.00 and set an “outperform” rating for the company in a research report on Wednesday, February 25th. Loop Capital set a $210.00 target price on shares of Workday in a report on Thursday, March 12th. Citizens Jmp lowered shares of Workday from an “outperform” rating to a “market perform” rating in a report on Wednesday, February 18th. Sanford C. Bernstein cut their price target on shares of Workday from $298.00 to $214.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 25th. Finally, Rosenblatt Securities reduced their price target on Workday from $180.00 to $150.00 and set a “buy” rating for the company in a research report on Wednesday, February 25th. Nineteen investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $199.71.
Insider Activity at Workday
In other news, CFO Zane Rowe sold 6,000 shares of the stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $208.75, for a total transaction of $1,252,500.00. Following the completion of the transaction, the chief financial officer directly owned 159,158 shares of the company’s stock, valued at $33,224,232.50. This represents a 3.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Gerrit S. Kazmaier sold 3,759 shares of the company’s stock in a transaction that occurred 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 sale, the insider owned 105,167 shares in the company, valued at $21,951,507.91. The trade was a 3.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 765,036 shares of company stock worth $113,952,492 in the last ninety days. Corporate insiders own 20.00% of the company’s stock.
Key Headlines Impacting 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 Price Performance
Workday stock opened at $124.18 on Monday. Workday, Inc. has a 12 month low of $117.76 and a 12 month high of $276.00. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.38. 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 1.17. The stock has a 50-day moving average price of $150.42 and a two-hundred day moving average price of $198.86.
Workday (NASDAQ:WDAY – Get Free Report) last posted its quarterly earnings data on Tuesday, February 24th. The software maker reported $2.47 EPS for the quarter, topping analysts’ consensus estimates 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 firm’s quarterly revenue was up 14.5% on a year-over-year basis. During the same period in the previous year, the firm earned $1.92 earnings per share. Analysts expect that Workday, Inc. will post 2.63 EPS for the current year.
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.
Further Reading
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