American Century Companies Inc. Sells 334,873 Shares of Workday, Inc. $WDAY

American Century Companies Inc. cut its holdings in Workday, Inc. (NASDAQ:WDAY) by 20.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,327,557 shares of the software maker’s stock after selling 334,873 shares during the period. American Century Companies Inc.’s holdings in Workday were worth $319,583,000 as of its most recent filing with the SEC.

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

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 Stock Performance

NASDAQ:WDAY opened at $133.76 on Friday. The stock’s 50-day moving average is $179.53 and its 200-day moving average is $211.88. Workday, Inc. has a 1-year low of $117.76 and a 1-year 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 price-to-earnings-growth ratio of 1.28 and a beta of 1.13.

Workday (NASDAQ:WDAY) last posted its earnings results on Tuesday, February 24th. The software maker reported $2.47 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $2.52 billion. During the same period last year, the company earned $1.92 EPS. The firm’s revenue was up 14.5% compared to the same quarter last year. Equities research analysts anticipate that Workday, Inc. will post 2.63 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Richard Harry Sauer sold 1,130 shares of the stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $210.00, for a total value of $237,300.00. Following the completion of the sale, the insider directly owned 85,398 shares in the company, valued at $17,933,580. This represents a 1.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Zane Rowe sold 6,000 shares of Workday stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $208.75, for a total value of $1,252,500.00. Following the transaction, the chief financial officer directly owned 159,158 shares in the company, valued at $33,224,232.50. The trade was a 3.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 370,321 shares of company stock valued at $78,866,401 over the last quarter. 19.31% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have commented on WDAY shares. Wall Street Zen lowered Workday from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Citizens Jmp lowered Workday from an “outperform” rating to a “market perform” rating in a report on Wednesday, February 18th. Robert W. Baird set a $195.00 price target on Workday in a research report on Tuesday. Sanford C. Bernstein cut their price objective on shares of Workday from $298.00 to $214.00 and set an “outperform” rating for the company in a research report on Wednesday. Finally, Wells Fargo & Company reduced their price objective on shares of Workday from $255.00 to $180.00 and set an “overweight” rating on the stock in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and fifteen have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $205.19.

About Workday

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.