Lansforsakringar Fondforvaltning AB publ Buys 3,798 Shares of Workday, Inc. $WDAY

Lansforsakringar Fondforvaltning AB publ boosted its stake in shares of Workday, Inc. (NASDAQ:WDAY) by 5.8% in the 3rd quarter, HoldingsChannel reports. The fund owned 69,428 shares of the software maker’s stock after buying an additional 3,798 shares during the quarter. Lansforsakringar Fondforvaltning AB publ’s holdings in Workday were worth $16,713,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of WDAY. Vanguard Group Inc. lifted its position in Workday by 3.2% in the third quarter. Vanguard Group Inc. now owns 21,799,056 shares of the software maker’s stock valued at $5,247,687,000 after purchasing an additional 684,872 shares during the last quarter. State Street Corp grew its holdings in shares of Workday by 3.3% in the second quarter. State Street Corp now owns 9,600,516 shares of the software maker’s stock worth $2,304,124,000 after purchasing an additional 303,713 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Workday by 2.9% in the second quarter. Geode Capital Management LLC now owns 4,952,938 shares of the software maker’s stock worth $1,183,112,000 after buying an additional 140,042 shares during the period. Parnassus Investments LLC raised its holdings in Workday by 13.1% during the 3rd quarter. Parnassus Investments LLC now owns 3,217,205 shares of the software maker’s stock valued at $774,478,000 after buying an additional 371,561 shares during the last quarter. Finally, Invesco Ltd. boosted its position in Workday by 10.4% during the 2nd quarter. Invesco Ltd. now owns 2,187,137 shares of the software maker’s stock valued at $524,913,000 after buying an additional 205,403 shares during the period. 89.81% of the stock is currently owned by institutional investors.

Workday News Summary

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Founder returns as CEO, refocusing on the AI roadmap and investor messaging — a leadership move that investors often view as constructive for execution on AI and product strategy. Workday Founder Returns As CEO Refocusing AI Roadmap And Investor Expectations
• Positive Sentiment: Rosenblatt upgraded WDAY to Buy, adding near‑term buying support from an upgrade. Rosenblatt Securities Upgrades Workday (NASDAQ:WDAY) to Buy
• Positive Sentiment: Guggenheim reiterated a Buy rating, providing some stability amid the mixed broker activity. Guggenheim Reiterates Buy Rating for Workday (NASDAQ:WDAY)
• Positive Sentiment: TD Cowen (via TipRanks) kept a Buy stance, highlighting AI‑driven growth and strategic M&A as longer‑term positives even after trimming the price target to $200. Workday: AI-Driven Growth and Strategic Acquisitions Underscore Buy Rating Despite Macro and Leadership Headwinds
• Neutral Sentiment: Analysts and previews are focused on the Feb. 24 Q4 print — Zacks notes growth drivers (AI, cloud launches, sector demand) but says an earnings beat is uncertain, increasing event risk into the print. Workday Set to Report Q4 Results: Will Revenue Growth Boost Earnings?
• Neutral Sentiment: Zacks and other previews dig into key metrics beyond top‑line estimates, suggesting investors should watch subscription revenue mix, billings, margin cadence and AI product adoption. Seeking Clues to Workday (WDAY) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
• Neutral Sentiment: Some market commentary (Seeking Alpha) argues WDAY looks oversold with upside potential, highlighting the stock’s sensitivity to sentiment vs. fundamentals. Workday: Oversold With Material Upside Potential
• Negative Sentiment: Citizens/JMP downgraded WDAY to Market Perform, reducing a chunk of buy‑side conviction and contributing to selling pressure. Workday (NASDAQ:WDAY) Rating Lowered to “Market Perform” at Citizens Jmp
• Negative Sentiment: BMO cut its price target to $204 and Oppenheimer lowered its expectations—these downgrades/target cuts compress upside and raise the bar for positive surprises. BMO Capital Markets Lowers Workday (NASDAQ:WDAY) Price Target to $204.00 Oppenheimer Has Lowered Expectations for Workday (NASDAQ:WDAY) Stock Price
• Negative Sentiment: Recent intraday weakness and Zacks coverage note the stock has been falling more than the broader market, reflecting the combined effect of downgrades, target cuts and pre‑earnings caution. Here’s Why Workday (WDAY) Fell More Than Broader Market

Workday Stock Down 1.6%

WDAY stock opened at $137.81 on Monday. Workday, Inc. has a fifty-two week low of $136.64 and a fifty-two week high of $281.00. The company has a market capitalization of $36.24 billion, a price-to-earnings ratio of 57.90, a price-to-earnings-growth ratio of 1.18 and a beta of 1.14. The business’s 50 day moving average price is $187.89 and its two-hundred day moving average price is $214.81. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.83 and a current ratio of 1.83.

Workday (NASDAQ:WDAY) last released its quarterly earnings results on Tuesday, November 25th. The software maker reported $2.32 earnings per share for the quarter, beating 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 firm’s revenue was up 12.6% on a year-over-year basis. During the same period in the previous year, the company posted $1.89 earnings per share. As a group, analysts forecast that Workday, Inc. will post 2.63 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have issued reports on WDAY. Stifel Nicolaus set a $175.00 price objective on shares of Workday in a research report on Monday, February 9th. Zacks Research lowered shares of Workday from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 30th. Loop Capital set a $280.00 price target on Workday in a report on Wednesday, December 10th. Evercore set a $200.00 price target on Workday in a research report on Monday, February 9th. Finally, Wall Street Zen upgraded Workday from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 14th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and thirteen have given a Hold rating to the stock. Based on data from MarketBeat.com, Workday has a consensus rating of “Moderate Buy” and a consensus price target of $253.32.

Insider Activity

In related news, CAO Mark S. Garfield sold 953 shares of Workday stock in a transaction dated Thursday, January 8th. The shares were sold at an average price of $209.56, for a total transaction of $199,710.68. Following the completion of the transaction, the chief accounting officer directly owned 35,336 shares of the company’s stock, valued at $7,405,012.16. This trade represents a 2.63% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Richard Harry Sauer sold 1,130 shares of the company’s stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $210.00, for a total transaction of $237,300.00. Following the completion of the sale, the insider owned 85,398 shares in the company, valued at approximately $17,933,580. This trade represents a 1.31% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 370,321 shares of company stock worth $78,866,401. 20.00% of the stock is currently owned by corporate insiders.

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.