Alamar Capital Management LLC Makes New Investment in Workday, Inc. $WDAY

Alamar Capital Management LLC purchased a new stake in Workday, Inc. (NASDAQ:WDAY) in the 1st quarter, HoldingsChannel reports. The fund purchased 15,603 shares of the software maker’s stock, valued at approximately $2,027,000. Workday comprises approximately 1.2% of Alamar Capital Management LLC’s holdings, making the stock its 26th largest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in WDAY. Strategic Investment Advisors MI grew its position in Workday by 1.6% during the 2nd quarter. Strategic Investment Advisors MI now owns 3,263 shares of the software maker’s stock worth $777,000 after purchasing an additional 50 shares in the last quarter. Sagespring Wealth Partners LLC raised its stake in Workday by 3.0% during 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 period. CVA Family Office LLC lifted its holdings in shares of Workday by 35.3% in the fourth 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 in the last quarter. Aspire Private Capital LLC lifted its stake in Workday by 1.3% in the 4th quarter. Aspire Private Capital LLC now owns 5,560 shares of the software maker’s stock worth $1,194,000 after acquiring an additional 71 shares in the last quarter. Finally, Red Door Wealth Management LLC boosted its holdings in shares of Workday by 5.0% during the fourth quarter. Red Door Wealth Management LLC now owns 1,620 shares of the software maker’s stock worth $348,000 after purchasing an additional 77 shares during the period. Institutional investors and hedge funds own 89.81% of the company’s stock.

Insider Activity at Workday

In other news, insider Robert Enslin sold 5,374 shares of the business’s stock in a transaction dated Sunday, July 5th. The shares were sold at an average price of $134.90, for a total transaction of $724,952.60. Following the transaction, the insider owned 239,469 shares in the company, valued at approximately $32,304,368.10. The trade was a 2.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed 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, major shareholder David A. Duffield sold 107,500 shares of the business’s stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $122.04, for a total transaction of $13,119,300.00. Following the transaction, the insider owned 105,049 shares in the company, valued at approximately $12,820,179.96. The trade was a 50.58% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 875,020 shares of company stock worth $113,938,503 in the last ninety days. 18.64% of the stock is currently owned by insiders.

Workday Stock Performance

Shares of NASDAQ WDAY opened at $132.42 on Thursday. Workday, Inc. has a 12 month low of $110.36 and a 12 month high of $249.85. The company has a market cap of $32.71 billion, a P/E ratio of 41.38, a P/E/G ratio of 1.51 and a beta of 1.11. The business’s 50 day moving average is $132.74 and its two-hundred day moving average is $142.43. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.30.

Workday (NASDAQ:WDAY) last posted its quarterly earnings data on Thursday, May 21st. The software maker reported $2.66 earnings per share for the quarter, beating the consensus estimate of $2.51 by $0.15. The company had revenue of $2.54 billion during the quarter, compared to analysts’ expectations of $2.52 billion. Workday had a return on equity of 14.75% and a net margin of 8.60%.Workday’s revenue for the quarter was up 13.5% compared to the same quarter last year. During the same period in the prior year, the business earned $2.23 earnings per share. On average, equities analysts expect that Workday, Inc. will post 5.35 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have commented on WDAY shares. BTIG Research restated a “buy” rating and issued a $175.00 target price on shares of Workday in a research note on Monday, May 18th. TD Cowen reissued a “hold” rating on shares of Workday in a research report on Friday, May 22nd. Citigroup reaffirmed a “market perform” rating on shares of Workday in a report on Friday, May 22nd. Needham & Company LLC lowered their target price on shares of Workday from $300.00 to $180.00 and set a “buy” rating on the stock in a research note on Friday, May 22nd. Finally, Oppenheimer reiterated an “outperform” rating on shares of Workday in a report on Thursday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, thirteen have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $179.80.

Key Workday News

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Workday launched Workday Learning, powered by Sana, now generally available as an AI-native learning experience built on Workday’s trusted data, adding another AI-focused offering that could support longer-term customer adoption and product momentum. Article Title
• Neutral Sentiment: Workday also announced details for Rising 2026, its annual customer conference, highlighting new AI themes such as agentic HR and agentic finance; this reinforces the company’s AI strategy but is not an immediate financial catalyst. Article Title
• Negative Sentiment: Shares have been weighed down by bearish analyst calls, including a Morgan Stanley downgrade to Underweight and a lower price target, with concerns that AI-driven growth will ramp gradually and that Workday’s core business is still slowing. Article Title
• Negative Sentiment: Unusually heavy put option activity suggests traders are positioning for more downside, which can add to negative sentiment around the stock.

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.