Cooper Investors PTY Ltd. Sells 5,169 Shares of Workday, Inc. $WDAY

Cooper Investors PTY Ltd. lessened its holdings in Workday, Inc. (NASDAQ:WDAY) by 28.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 12,948 shares of the software maker’s stock after selling 5,169 shares during the quarter. Workday makes up about 0.9% of Cooper Investors PTY Ltd.’s holdings, making the stock its 28th largest holding. Cooper Investors PTY Ltd.’s holdings in Workday were worth $2,781,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. First Eagle Investment Management LLC bought a new position in shares of Workday in the 3rd quarter worth $556,252,000. PKO Investment Management Joint Stock Co bought a new stake in Workday during the third quarter valued at about $1,805,000. Phoenix Financial Ltd. bought a new stake in Workday during the third quarter valued at about $2,000,000. Rakuten Investment Management Inc. purchased a new position in Workday in the third quarter valued at about $124,718,000. Finally, Norges Bank bought a new position in Workday in the second quarter worth about $442,702,000. 89.81% of the stock is currently owned by institutional investors.

Workday Stock Performance

Shares of Workday stock opened at $124.18 on Monday. The company has a 50 day moving average price of $150.42 and a 200 day moving average price of $198.86. The firm has a market capitalization of $31.91 billion, a P/E ratio of 48.13, a PEG ratio of 1.21 and a beta of 1.17. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.38. Workday, Inc. has a 52 week low of $117.76 and a 52 week high of $276.00.

Workday (NASDAQ:WDAY) last released its earnings results on Tuesday, February 24th. The software maker reported $2.47 earnings per share for the quarter, topping the consensus estimate of $2.32 by $0.15. The company had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.52 billion. Workday had a net margin of 7.26% and a return on equity of 13.37%. Workday’s revenue was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.92 EPS. Sell-side analysts expect that Workday, Inc. will post 2.63 EPS for the current year.

Insider Activity at Workday

In related news, CAO Mark S. Garfield sold 953 shares of the company’s stock in a transaction on Thursday, January 8th. The stock was sold at an average price of $209.56, for a total value of $199,710.68. Following the transaction, the chief accounting officer directly owned 35,336 shares of the company’s stock, valued at $7,405,012.16. This represents a 2.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder David A. Duffield sold 107,500 shares of the firm’s stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $136.82, for a total value of $14,708,150.00. Following the completion of the transaction, the insider owned 105,049 shares of the company’s stock, valued at $14,372,804.18. This trade represents a 50.58% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 765,036 shares of company stock valued at $113,952,492 over the last three months. 20.00% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have commented on WDAY. Piper Sandler decreased their price target on shares of Workday from $200.00 to $135.00 and set a “neutral” rating for the company in a research report on Wednesday, February 25th. KeyCorp reduced their price objective on shares of Workday from $260.00 to $155.00 and set an “overweight” rating for the company in a research note on Wednesday, February 25th. Raymond James Financial reissued a “market perform” rating on shares of Workday in a research report on Monday, February 9th. Robert W. Baird set a $195.00 target price on shares of Workday in a research note on Tuesday, February 24th. Finally, BMO Capital Markets cut their price target on shares of Workday from $204.00 to $182.00 and set an “outperform” rating on the stock in a report on Wednesday, February 25th. Nineteen analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Workday currently has a consensus rating of “Moderate Buy” and a consensus target price of $199.71.

Key Stories 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 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.