Workday, Inc. $WDAY Shares Sold by China Universal Asset Management Co. Ltd.

China Universal Asset Management Co. Ltd. decreased its holdings in Workday, Inc. (NASDAQ:WDAY) by 30.0% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 9,979 shares of the software maker’s stock after selling 4,275 shares during the quarter. China Universal Asset Management Co. Ltd.’s holdings in Workday were worth $2,402,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of WDAY. Rakuten Securities Inc. acquired a new stake in shares of Workday during the second quarter worth $25,000. Berbice Capital Management LLC raised its holdings in Workday by 136.4% during the 2nd quarter. Berbice Capital Management LLC now owns 130 shares of the software maker’s stock worth $31,000 after buying an additional 75 shares during the period. Golden State Wealth Management LLC raised its holdings in Workday by 2,216.7% during the 2nd quarter. Golden State Wealth Management LLC now owns 139 shares of the software maker’s stock worth $33,000 after buying an additional 133 shares during the period. Root Financial Partners LLC purchased a new stake in Workday during the third quarter valued at about $40,000. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in shares of Workday in the second quarter worth about $41,000. 89.81% of the stock is currently owned by institutional investors.

Workday Price Performance

WDAY opened at $140.02 on Friday. The stock has a fifty day moving average price of $189.63 and a 200 day moving average price of $215.58. The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 0.34. Workday, Inc. has a 1 year low of $139.38 and a 1 year high of $281.00. The stock has a market cap of $36.83 billion, a price-to-earnings ratio of 58.83, a PEG ratio of 1.22 and a beta of 1.13.

Workday (NASDAQ:WDAY) last issued its earnings results on Tuesday, November 25th. The software maker reported $2.32 earnings per share for the quarter, topping the consensus estimate 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% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.89 EPS. Analysts forecast that Workday, Inc. will post 2.63 EPS for the current fiscal year.

Trending Headlines about Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Founder/CEO change — Workday’s founder returning as CEO is being framed as a refocus on the company’s AI roadmap and investor expectations; market reaction is mixed but this is a catalyst that could boost confidence in strategic execution over time. Workday Founder Returns As CEO Refocusing AI Roadmap And Investor Expectations
• Positive Sentiment: Broker upgrades/reaffirmations — Rosenblatt upgraded WDAY to Buy and Guggenheim reaffirmed its Buy with a $285 target, signaling some analyst conviction in medium‑term upside and the company’s positioning in AI-enabled HCM/ERP. Rosenblatt Securities Upgrades Workday (NASDAQ:WDAY) to Buy
• Positive Sentiment: Market narrative of being “oversold” — commentary from investors/analysts highlights material upside if execution normalizes, which can attract bargain‑hunting flows after the recent pullback. Workday: Oversold With Material Upside Potential
• Neutral Sentiment: Partner/product integration — Interact launched AI‑native features with Workday integration; positive for ecosystem but likely small near‑term impact on revenue. Interact Expands its Employee Experience Platform with New AI‑Native Features and Workday Integration
• Neutral Sentiment: Q4 preview/metrics focus — Analysts are digging into key metrics ahead of earnings (revenue mix, subscription growth, margin cadence); this is information‑driven and could swing sentiment after the report. Seeking Clues to Workday (WDAY) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
• Negative Sentiment: Multiple broker downgrades and price‑target cuts — BMO trimmed its target to $204 and Oppenheimer lowered expectations; Citizens downgraded to market perform. These moves increase selling pressure and signal tempered near‑term growth/profitability expectations. BMO Capital Markets Lowers Workday (NASDAQ:WDAY) Price Target to $204.00
• Negative Sentiment: Analyst notes and market commentary on the drop — Coverage explains why WDAY fell more than the broader market, reinforcing negative sentiment and momentum‑based selling. Here’s Why Workday (WDAY) Fell More Than Broader Market

Analyst Ratings Changes

WDAY has been the subject of several research analyst reports. Royal Bank Of Canada reduced their price target on shares of Workday from $320.00 to $300.00 and set an “outperform” rating for the company in a research report on Monday, January 5th. Evercore set a $200.00 target price on shares of Workday in a research note on Monday, February 9th. Needham & Company LLC reaffirmed a “buy” rating and issued a $300.00 target price on shares of Workday in a research report on Thursday, February 5th. BMO Capital Markets lowered their price target on Workday from $285.00 to $204.00 and set an “outperform” rating on the stock in a report on Tuesday. Finally, The Goldman Sachs Group began coverage on Workday in a research report on Monday, January 12th. They set a “neutral” rating and a $238.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and twelve have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $255.90.

Insiders Place Their Bets

In other Workday news, major shareholder David A. Duffield sold 82,884 shares of the firm’s stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of $209.75, for a total transaction of $17,384,919.00. Following the transaction, the insider directly owned 105,049 shares in the company, valued at $22,034,027.75. This trade represents a 44.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Mark S. Garfield sold 953 shares of the company’s 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 sale, the chief accounting officer owned 35,336 shares of the company’s stock, valued at approximately $7,405,012.16. This trade represents a 2.63% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 370,321 shares of company stock worth $78,866,401 in the last 90 days. 19.31% of the stock is owned by corporate insiders.

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.