Exchange Traded Concepts LLC Has $8.79 Million Stock Holdings in Workday, Inc. $WDAY

Exchange Traded Concepts LLC raised its position in Workday, Inc. (NASDAQ:WDAY) by 127.6% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 40,937 shares of the software maker’s stock after acquiring an additional 22,951 shares during the period. Exchange Traded Concepts LLC’s holdings in Workday were worth $8,792,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Mather Group LLC. grew its stake in shares of Workday by 78.3% during the 4th quarter. Mather Group LLC. now owns 954 shares of the software maker’s stock worth $205,000 after acquiring an additional 419 shares in the last quarter. Fort Washington Investment Advisors Inc. OH raised its holdings in shares of Workday by 5.1% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 425,449 shares of the software maker’s stock valued at $91,378,000 after purchasing an additional 20,594 shares during the last quarter. Sendero Wealth Management LLC lifted its position in shares of Workday by 3.9% in the fourth quarter. Sendero Wealth Management LLC now owns 8,921 shares of the software maker’s stock worth $1,916,000 after purchasing an additional 336 shares in the last quarter. CVA Family Office LLC boosted its holdings in Workday by 35.3% during the fourth quarter. CVA Family Office LLC now owns 249 shares of the software maker’s stock worth $53,000 after purchasing an additional 65 shares during the last quarter. Finally, Czech National Bank grew its position in Workday by 4.3% in the fourth quarter. Czech National Bank now owns 57,219 shares of the software maker’s stock valued at $12,289,000 after purchasing an additional 2,359 shares in the last quarter. Institutional investors and hedge funds own 89.81% of the company’s stock.

Insider Activity at Workday

In other news, CFO Zane Rowe sold 6,000 shares of the firm’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $208.75, for a total transaction of $1,252,500.00. Following the completion of the sale, the chief financial officer owned 159,158 shares in the company, valued at approximately $33,224,232.50. This trade represents a 3.63% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, major shareholder David A. Duffield sold 107,500 shares of Workday stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $132.67, for a total transaction of $14,262,025.00. Following the sale, the insider directly owned 105,049 shares of the company’s stock, valued at $13,936,850.83. The trade was a 50.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 765,036 shares of company stock valued at $113,952,492 over the last three months. Company insiders own 20.00% of the company’s stock.

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 Price Performance

WDAY stock opened at $124.18 on Monday. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $31.91 billion, a PE ratio of 48.13, a PEG ratio of 1.21 and a beta of 1.17. Workday, Inc. has a 1-year low of $117.76 and a 1-year high of $276.00. The business’s 50 day simple moving average is $150.42 and its 200 day simple moving average is $198.86.

Workday (NASDAQ:WDAY) last announced 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 during the quarter, compared to the consensus estimate of $2.52 billion. During the same quarter last year, the firm posted $1.92 EPS. The company’s quarterly revenue was up 14.5% on a year-over-year basis. As a group, research analysts anticipate that Workday, Inc. will post 2.63 EPS for the current year.

Wall Street Analysts Forecast Growth

WDAY has been the subject of a number of recent research reports. Evercore downgraded shares of Workday from an “outperform” rating to an “in-line” rating and set a $160.00 price objective for the company. in a research note on Wednesday, February 25th. Morgan Stanley reduced their price target on Workday from $280.00 to $200.00 and set an “equal weight” rating for the company in a research report on Monday, February 23rd. Loop Capital set a $210.00 price target on Workday in a research report on Thursday, March 12th. Sanford C. Bernstein cut their price objective on Workday from $298.00 to $214.00 and set an “outperform” rating for the company in a report on Wednesday, February 25th. Finally, Stifel Nicolaus set a $175.00 target price on shares of Workday in a report on Monday, February 9th. Nineteen research 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. Based on data from MarketBeat, Workday has a consensus rating of “Moderate Buy” and a consensus target price of $199.71.

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.