Workday, Inc. $WDAY Shares Bought by Allworth Financial LP

Allworth Financial LP increased its stake in shares of Workday, Inc. (NASDAQ:WDAY) by 812.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,973 shares of the software maker’s stock after buying an additional 7,990 shares during the quarter. Allworth Financial LP’s holdings in Workday were worth $2,154,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the company. Brighton Jones LLC increased its position in Workday by 230.2% in the 4th quarter. Brighton Jones LLC now owns 4,005 shares of the software maker’s stock valued at $1,033,000 after acquiring an additional 2,792 shares during the period. Signaturefd LLC raised its holdings in Workday by 4.7% during the first quarter. Signaturefd LLC now owns 3,643 shares of the software maker’s stock worth $851,000 after purchasing an additional 162 shares in the last quarter. Apollon Wealth Management LLC lifted its position in Workday by 57.3% in the first quarter. Apollon Wealth Management LLC now owns 3,484 shares of the software maker’s stock worth $814,000 after purchasing an additional 1,269 shares during the period. Massachusetts Financial Services Co. MA boosted its stake in Workday by 19.4% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 4,689 shares of the software maker’s stock valued at $1,095,000 after purchasing an additional 763 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. boosted its stake in Workday by 15.0% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 353 shares of the software maker’s stock valued at $82,000 after purchasing an additional 46 shares in the last quarter. Institutional investors and hedge funds own 89.81% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on WDAY. Cowen reissued a “buy” rating on shares of Workday in a research note on Wednesday, September 17th. KeyCorp dropped their price target on shares of Workday from $325.00 to $285.00 and set an “overweight” rating on the stock in a research report on Friday, August 22nd. Sanford C. Bernstein reissued an “outperform” rating and issued a $304.00 price target on shares of Workday in a report on Friday, August 22nd. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Workday from $330.00 to $280.00 and set a “buy” rating for the company in a research report on Friday, August 22nd. Finally, JPMorgan Chase & Co. dropped their target price on shares of Workday from $295.00 to $290.00 and set an “overweight” rating on the stock in a report on Friday, August 22nd. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $287.86.

Workday Trading Down 0.5%

Workday stock opened at $225.93 on Thursday. Workday, Inc. has a 52 week low of $205.33 and a 52 week high of $294.00. The company has a debt-to-equity ratio of 0.33, a quick ratio of 2.10 and a current ratio of 2.10. The firm has a market capitalization of $60.32 billion, a price-to-earnings ratio of 104.60, a P/E/G ratio of 2.83 and a beta of 1.11. The company has a 50 day moving average price of $234.59 and a 200 day moving average price of $238.15.

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

Insider Transactions at Workday

In other news, insider Richard Harry Sauer sold 2,320 shares of the company’s stock in a transaction dated Tuesday, October 7th. The stock was sold at an average price of $235.87, for a total value of $547,218.40. Following the transaction, the insider owned 90,077 shares in the company, valued at $21,246,461.99. This represents a 2.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, major shareholder David A. Duffield sold 75,053 shares of the stock in a transaction that occurred on Wednesday, October 8th. The stock was sold at an average price of $236.34, for a total transaction of $17,738,026.02. Following the completion of the sale, the insider directly owned 102,997 shares of the company’s stock, valued at $24,342,310.98. This trade represents a 42.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 264,933 shares of company stock worth $61,475,760. 19.31% of the stock is currently owned by company insiders.

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.