Bleakley Financial Group LLC Invests $2.31 Million in Workday, Inc. $WDAY

Bleakley Financial Group LLC bought a new stake in Workday, Inc. (NASDAQ:WDAY) in the 4th quarter, Holdings Channel.com reports. The firm bought 10,734 shares of the software maker’s stock, valued at approximately $2,305,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Finivi Inc. lifted its holdings in shares of Workday by 3.3% in the 3rd quarter. Finivi Inc. now owns 1,516 shares of the software maker’s stock valued at $365,000 after purchasing an additional 48 shares during the last quarter. Strategic Investment Advisors MI lifted its holdings in shares of Workday by 1.6% in the 2nd quarter. Strategic Investment Advisors MI now owns 3,263 shares of the software maker’s stock valued at $777,000 after purchasing an additional 50 shares during the last quarter. Legacy Financial Advisors Inc. lifted its holdings in shares of Workday by 5.1% in the 3rd quarter. Legacy Financial Advisors Inc. now owns 1,113 shares of the software maker’s stock valued at $268,000 after purchasing an additional 54 shares during the last quarter. Sagespring Wealth Partners LLC lifted its holdings in shares of Workday by 3.0% in the 4th quarter. Sagespring Wealth Partners LLC now owns 2,052 shares of the software maker’s stock valued at $441,000 after purchasing an additional 59 shares during the last quarter. Finally, CVA Family Office LLC lifted its holdings in shares of Workday by 35.3% in the 4th quarter. CVA Family Office LLC now owns 249 shares of the software maker’s stock valued at $53,000 after purchasing an additional 65 shares during the last quarter. 89.81% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Workday introduced new AI capabilities for Adaptive Planning, including “Adaptive Decision Intelligence,” designed to let finance teams ask questions in natural language, run scenarios, and commit decisions faster. The launch suggests continued AI-driven product innovation that could support longer-term demand. Article title: Workday Introduces Adaptive Decision Intelligence, Bringing Planning Questions, Scenarios, and Decisions Into One AI Experience
• Positive Sentiment: The company also launched new AI tools aimed at easing FP&A workflows, reinforcing the view that Workday can monetize AI by automating time-consuming finance tasks. Article title: Workday launches AI tool aimed at easing FP&A workflows
• Positive Sentiment: Recent coverage highlighted that Workday beat quarterly earnings estimates and raised its full-year margin outlook, which helped fuel a recent rebound in the stock. Article title: Workday Stock Pops on Earnings Results. A Long-Awaited Turnaround Could Finally Be Here.
• Neutral Sentiment: Several market notes pointed to strong analyst upside targets, with average price targets implying meaningful upside from current levels, though these were presented more as valuation commentary than a fresh catalyst. Article title: How Much Upside is Left in Workday (WDAY)? Wall Street Analysts Think 46.84%
• Neutral Sentiment: Bank of America reinstated Workday at Neutral with a $140 price target, saying it remains a high-quality SaaS franchise but faces limited near-term catalysts as growth moderates. That more cautious stance may be capping enthusiasm despite the solid product story. Article title: Workday viewed as high-quality but maturing SaaS franchise with limited near-term catalysts
• Negative Sentiment: BofA also warned that AI could pressure Workday’s per-seat pricing model, raising concerns that new technology may improve products but compress pricing over time. Article title: Workday Serves 65% Of The Fortune 500, But Analyst Warns AI Could Compress Its Per-Seat Pricing Model
• Negative Sentiment: Goldman Sachs lowered its price target on Workday, another sign that some analysts see less upside ahead after the recent rebound. Article title: Workday price target lowered by The Goldman Sachs Group, Inc.

Wall Street Analysts Forecast Growth

WDAY has been the subject of several research reports. Barclays raised Workday from an “overweight” rating to a “buy” rating in a report on Friday, May 22nd. DA Davidson set a $135.00 target price on Workday in a report on Tuesday. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Workday in a research note on Friday, May 22nd. Monness Crespi & Hardt raised Workday to a “hold” rating in a research note on Friday, May 22nd. Finally, Jefferies Financial Group upped their price objective on Workday from $115.00 to $140.00 and gave the company a “hold” rating in a research note on Friday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $185.03.

Workday Stock Performance

Shares of WDAY stock opened at $124.50 on Thursday. The company has a market cap of $32.00 billion, a price-to-earnings ratio of 38.91, a price-to-earnings-growth ratio of 1.20 and a beta of 1.04. The stock has a 50 day simple moving average of $125.42 and a 200-day simple moving average of $166.59. Workday, Inc. has a 12-month low of $110.36 and a 12-month high of $257.09. The company has a current ratio of 1.01, a quick ratio of 1.32 and a debt-to-equity ratio of 0.30.

Workday (NASDAQ:WDAY) last issued its earnings results on Thursday, May 21st. The software maker reported $2.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.51 by $0.15. The business had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.52 billion. Workday had a return on equity of 14.75% and a net margin of 8.60%.The company’s revenue for the quarter was up 13.5% on a year-over-year basis. During the same period in the prior year, the business posted $2.23 EPS. On average, equities analysts forecast that Workday, Inc. will post 5.13 EPS for the current year.

Insider Buying and Selling

In related news, insider Gerrit S. Kazmaier sold 9,356 shares of the company’s stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $128.39, for a total value of $1,201,216.84. Following the sale, the insider owned 165,074 shares in the company, valued at $21,193,850.86. This represents a 5.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, major shareholder David A. Duffield sold 107,500 shares of the company’s stock in a transaction that occurred on Tuesday, March 31st. The stock was sold at an average price of $129.76, for a total value of $13,949,200.00. Following the completion of the sale, the insider owned 105,049 shares in the company, valued at approximately $13,631,158.24. This represents a 50.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 989,814 shares of company stock valued at $131,576,291. Company insiders own 18.64% of the company’s stock.

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.