Workday, Inc. $WDAY Shares Bought by Focus Financial Network Inc.

Focus Financial Network Inc. boosted its stake in Workday, Inc. (NASDAQ:WDAY) by 3.9% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,065 shares of the software maker’s stock after acquiring an additional 78 shares during the quarter. Focus Financial Network Inc.’s holdings in Workday were worth $496,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its holdings in shares of Workday by 230.2% during the fourth quarter. Brighton Jones LLC now owns 4,005 shares of the software maker’s stock valued at $1,033,000 after purchasing an additional 2,792 shares during the period. Bank Pictet & Cie Europe AG increased its position in shares of Workday by 24.0% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 3,075 shares of the software maker’s stock valued at $793,000 after purchasing an additional 595 shares during the period. Waverly Advisors LLC bought a new position in shares of Workday in the fourth quarter valued at about $432,000. Focus Partners Advisor Solutions LLC lifted its stake in Workday by 28.7% in the fourth quarter. Focus Partners Advisor Solutions LLC now owns 1,405 shares of the software maker’s stock valued at $363,000 after buying an additional 313 shares during the period. Finally, Vise Technologies Inc. boosted its holdings in shares of Workday by 46.5% in the fourth quarter. Vise Technologies Inc. now owns 3,485 shares of the software maker’s stock valued at $899,000 after buying an additional 1,106 shares during the period. 89.81% of the stock is currently owned by institutional investors.

Insider Activity at Workday

In other news, insider Richard Harry Sauer sold 1,160 shares of the stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $235.41, for a total transaction of $273,075.60. Following the sale, the insider directly owned 95,756 shares of the company’s stock, valued at approximately $22,541,919.96. This represents a 1.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Carl M. Eschenbach sold 6,250 shares of the company’s stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $239.43, for a total value of $1,496,437.50. Following the sale, the chief executive officer owned 1,472 shares of the company’s stock, valued at approximately $352,440.96. This represents a 80.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 328,024 shares of company stock worth $76,664,934 in the last quarter. 19.31% of the stock is currently owned by corporate insiders.

Workday Price Performance

Shares of NASDAQ WDAY opened at $233.62 on Friday. The company has a market capitalization of $62.38 billion, a price-to-earnings ratio of 108.16, a PEG ratio of 3.08 and a beta of 1.12. Workday, Inc. has a twelve month low of $205.33 and a twelve month high of $294.00. The company has a current ratio of 2.10, a quick ratio of 2.10 and a debt-to-equity ratio of 0.33. The firm has a 50-day moving average of $228.66 and a two-hundred day moving average of $237.84.

Workday (NASDAQ:WDAY) last issued its earnings results on Thursday, August 21st. The software maker reported $2.21 EPS for the quarter, beating analysts’ consensus estimates of $2.09 by $0.12. The business had revenue of $2.35 billion during the quarter, compared to analyst estimates of $2.34 billion. Workday had a return on equity of 9.74% and a net margin of 6.51%.Workday’s revenue was up 12.6% on a year-over-year basis. During the same period in the prior year, the company posted $1.75 earnings per share. Workday has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. As a group, analysts expect that Workday, Inc. will post 2.63 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

WDAY has been the subject of several analyst reports. Barclays lifted their price objective on Workday from $285.00 to $288.00 and gave the company an “overweight” rating in a report on Thursday. UBS Group set a $304.00 price target on Workday in a research note on Friday, August 22nd. Wall Street Zen raised Workday from a “hold” rating to a “buy” rating in a report on Sunday, July 13th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $304.00 price target on shares of Workday in a report on Friday, August 22nd. Finally, Guggenheim upgraded Workday from a “neutral” rating to a “buy” rating and set a $285.00 price target on the stock in a research report on Wednesday. Three research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $287.83.

Workday Profile

Workday, Inc provides enterprise cloud applications in the United States and internationally. Its applications help its customers to plan, execute, analyze, and extend to other applications and environments to manage their business and operations. The company offers a suite of financial management applications to maintain accounting information in the general ledger; manage financial processes, such as payables and receivables; identify real-time financial, operational, and management insights; enhance financial consolidation; reduce time-to-close; promote internal control and auditability; and achieve consistency across finance operations.