Workday, Inc. $WDAY Shares Sold by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S decreased its position in shares of Workday, Inc. (NASDAQ:WDAY) by 52.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,595 shares of the software maker’s stock after selling 6,101 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Workday were worth $727,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Rakuten Securities Inc. purchased a new stake in shares of Workday during the second quarter worth about $25,000. Measured Wealth Private Client Group LLC purchased a new position in Workday in the 3rd quarter valued at about $26,000. DT Investment Partners LLC acquired a new stake in Workday in the 4th quarter worth about $27,000. LRI Investments LLC purchased a new position in shares of Workday in the fourth quarter valued at approximately $29,000. Finally, JPL Wealth Management LLC acquired a new stake in shares of Workday in the third quarter worth approximately $30,000. 89.81% of the stock is owned by hedge funds and other institutional investors.

Workday Stock Performance

NASDAQ:WDAY opened at $113.77 on Friday. Workday, Inc. has a 52 week low of $110.36 and a 52 week high of $249.85. The company has a fifty day simple moving average of $127.46 and a two-hundred day simple moving average of $153.31. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.30. The company has a market cap of $28.10 billion, a price-to-earnings ratio of 35.55, a price-to-earnings-growth ratio of 1.26 and a beta of 1.09.

Workday (NASDAQ:WDAY) last released its earnings results on Thursday, May 21st. The software maker reported $2.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.51 by $0.15. Workday had a return on equity of 14.75% and a net margin of 8.60%.The firm had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.52 billion. During the same period last year, the business posted $2.23 earnings per share. Workday’s revenue was up 13.5% compared to the same quarter last year. As a group, equities analysts anticipate that Workday, Inc. will post 5.34 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently commented on WDAY. Wolfe Research reissued an “outperform” rating and issued a $160.00 price objective on shares of Workday in a research note on Friday, May 22nd. Citigroup reissued a “market perform” rating on shares of Workday in a research note on Friday, May 22nd. The Goldman Sachs Group cut their price objective on shares of Workday from $206.00 to $151.00 and set a “neutral” rating for the company in a report on Tuesday, May 26th. Piper Sandler raised their target price on shares of Workday from $135.00 to $145.00 and gave the stock a “neutral” rating in a research note on Friday, May 22nd. Finally, Sanford C. Bernstein restated an “outperform” rating and issued a $216.00 price target on shares of Workday in a research report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $184.00.

Key Headlines Impacting Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Monness Crespi & Hardt upgraded Workday from neutral to buy and set a $150 price target, implying meaningful upside from recent levels. Finviz
• Positive Sentiment: Several recent commentary pieces continue to argue Workday is attractively valued relative to its AI-driven growth prospects, supporting the long-term bull case. Workday: Valuation Is Cheap, Upside Potential From AI Growth
• Neutral Sentiment: Workday was mentioned in a note about software stocks lagging the broader market, which reflects sector rotation more than a company-specific event. Why software stocks like INTU, ADBE, TTD, WDAY, CRM are trailing the S&P 500
• Neutral Sentiment: The company announced it will return as a partner for the 2026 Jackson T. Stephens Cup, a small branding/relationship update with limited direct impact on earnings. The Jackson T. Stephens Cup Announces Stephens and Workday as Returning Partners for 2026 Tournament at PGA Frisco
• Negative Sentiment: A judge reportedly ruled that Workday must face a lawsuit alleging AI bias in its job-screening tools, adding legal uncertainty around a key product area. Judge says Workday to face lawsuit over AI bias in job screening tools: report
• Negative Sentiment: Major shareholder David Duffield sold 107,500 shares in a pre-arranged trading plan, which can still weigh on sentiment even though it was disclosed as a 10b5-1 sale. Workday (NASDAQ:WDAY) Major Shareholder David Duffield Sells 107,500 Shares

Insider Activity

In related news, insider Robert Enslin sold 5,373 shares of Workday stock in a transaction on Monday, April 6th. The shares were sold at an average price of $129.41, for a total transaction of $695,319.93. Following the sale, the insider directly owned 165,414 shares in the company, valued at $21,406,225.74. This trade represents a 3.15% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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, insider Gerrit S. Kazmaier sold 9,356 shares of the business’s stock in a transaction on Tuesday, April 7th. The shares were sold at an average price of $128.39, for a total transaction of $1,201,216.84. Following the completion of the sale, the insider directly owned 165,074 shares of the company’s stock, valued at approximately $21,193,850.86. This trade represents a 5.36% decrease in their ownership of the stock. 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 774,814 shares of company stock worth $99,846,591. 18.64% of the stock is currently owned by company insiders.

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.