Workday, Inc. $WDAY Shares Sold by Blair William & Co. IL

Blair William & Co. IL cut its holdings in Workday, Inc. (NASDAQ:WDAY) by 17.3% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 882,933 shares of the software maker’s stock after selling 184,186 shares during the quarter. Blair William & Co. IL’s holdings in Workday were worth $212,548,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Rakuten Securities Inc. purchased a new stake in shares of Workday in the second quarter valued at about $25,000. Berbice Capital Management LLC raised its position 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 worth $31,000 after purchasing an additional 75 shares during the last quarter. Golden State Wealth Management LLC lifted its stake in Workday by 2,216.7% in the 2nd 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 purchased a new position in Workday during the third quarter worth $40,000. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in shares of Workday in the second quarter worth $41,000. 89.81% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Workday news, major shareholder David A. Duffield sold 107,500 shares of the company’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $134.40, for a total value of $14,448,000.00. Following the completion of the transaction, the insider owned 105,049 shares in the company, valued at approximately $14,118,585.60. This represents a 50.58% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Richard Harry Sauer sold 1,130 shares of the stock in a transaction that occurred 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 transaction, the insider directly owned 85,398 shares of the company’s stock, valued at $17,933,580. This trade represents a 1.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 395,796 shares of company stock worth $75,909,516. 19.31% of the stock is currently owned by insiders.

Trending Headlines about Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: High‑profile endorsement for new leadership: TV host Jim Cramer called Workday’s new CEO “terrific,” which can boost investor sentiment and short‑term demand. Jim Cramer Considers Workday’s New CEO “Terrific”
• Positive Sentiment: Technical/flow support: recent bargain‑hunting and a short‑covering rally have driven quick gains after February’s pullback, attracting momentum traders. Workday (WDAY) Climbs 7.2% on Bargain-Hunting
• Positive Sentiment: Founder returns to CEO role with stronger AI emphasis — investors view this as a signal of strategic focus on AI product development, which could support longer‑term revenue expansion if execution succeeds. Workday Founder Returns As CEO While AI Focus Shapes Valuation Outlook
• Neutral Sentiment: Board granted CEO Aneel Bhusri a new equity package; this aligns leadership with shareholders but can raise dilution questions depending on structure. Workday Grants CEO Aneel Bhusri New Equity Package
• Neutral Sentiment: Macro backdrop remains a headwind for growth software names (inflation/higher rates), which can cap upside even during sector‑specific rallies. US Stock Market Today S&P 500 Futures Edge Lower On Stubborn Inflation Jitters
• Neutral Sentiment: Competitive landscape: emerging AI/analytics startups (e.g., Pigment) are targeting planning/analytics customers — something to monitor but not an immediate earnings threat. The French AI startup gunning for Workday, Oracle, and SAP
• Negative Sentiment: Analysts trimming targets: Citi cut its price target to $148 (from $247) and Morgan Stanley and others have reduced targets — a clear near‑term drag on sentiment and potential selling pressure. Workday, Inc. (WDAY) Price Target Lowered to $148 at Citi
• Negative Sentiment: Large insider sale: co‑founder David Duffield sold 107,500 shares (~$14.4M) and cut his stake roughly in half — markets can interpret this as a negative signal on insider conviction or simply liquidity‑driven. SEC Filing — Duffield Sale
• Negative Sentiment: Estimate‑revision risk: analyst commentary highlights slowing growth, margin pressure and falling EPS revisions as Workday invests in AI and new markets — a potential medium‑term headwind for valuations. Should You Avoid WDAY Stock Amid Declining Estimate Revisions?

Workday Trading Up 2.6%

Shares of NASDAQ WDAY opened at $151.04 on Friday. Workday, Inc. has a 52-week low of $117.76 and a 52-week high of $276.00. The company has a quick ratio of 1.83, a current ratio of 1.32 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $39.72 billion, a P/E ratio of 58.54, a PEG ratio of 1.44 and a beta of 1.16. The stock’s 50 day moving average price is $172.17 and its two-hundred day moving average price is $209.12.

Workday (NASDAQ:WDAY) last posted its quarterly earnings results on Tuesday, February 24th. The software maker reported $2.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.32 by $0.15. Workday had a return on equity of 13.37% and a net margin of 7.26%.The business had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.52 billion. During the same period in the prior year, the company posted $1.92 EPS. The business’s revenue was up 14.5% compared to the same quarter last year. On average, analysts anticipate that Workday, Inc. will post 2.63 earnings per share for the current fiscal year.

Analysts Set New Price Targets

WDAY has been the topic of a number of research reports. Barclays cut their target price 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. Stifel Nicolaus set a $175.00 target price on shares of Workday in a research report on Monday, February 9th. BMO Capital Markets dropped their price target on shares of Workday from $204.00 to $182.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 25th. DA Davidson lowered their target price on Workday from $250.00 to $125.00 and set a “neutral” rating for the company in a research note on Wednesday, February 25th. Finally, Wells Fargo & Company cut their price target on Workday from $255.00 to $180.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 25th. Twenty equities research analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $205.19.

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.