Banco Bilbao Vizcaya Argentaria S.A. Grows Stake in Workday, Inc. $WDAY

Banco Bilbao Vizcaya Argentaria S.A. lifted its position in Workday, Inc. (NASDAQ:WDAY) by 311.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 77,983 shares of the software maker’s stock after purchasing an additional 59,052 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Workday were worth $18,712,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. ABN Amro Investment Solutions bought a new position in Workday in the 2nd quarter worth about $43,712,000. Candriam S.C.A. grew its holdings in shares of Workday by 139.8% during the second quarter. Candriam S.C.A. now owns 58,389 shares of the software maker’s stock worth $14,014,000 after purchasing an additional 34,039 shares in the last quarter. Police & Firemen s Retirement System of New Jersey increased its position in shares of Workday by 5.8% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 32,682 shares of the software maker’s stock worth $7,844,000 after purchasing an additional 1,782 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Workday by 2.9% in the second quarter. Geode Capital Management LLC now owns 4,952,938 shares of the software maker’s stock worth $1,183,112,000 after purchasing an additional 140,042 shares during the last quarter. Finally, ABC Arbitrage SA raised its stake in Workday by 19.4% in the second quarter. ABC Arbitrage SA now owns 8,013 shares of the software maker’s stock valued at $1,923,000 after purchasing an additional 1,303 shares in the last quarter. Institutional investors own 89.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on WDAY shares. Royal Bank Of Canada reissued an “outperform” rating and issued a $340.00 price target on shares of Workday in a research note on Wednesday, September 17th. Guggenheim raised shares of Workday from a “neutral” rating to a “buy” rating and set a $285.00 price objective for the company in a report on Wednesday, September 17th. UBS Group set a $304.00 target price on shares of Workday in a research report on Friday, August 22nd. Canaccord Genuity Group lowered their price target on Workday from $330.00 to $275.00 and set a “buy” rating on the stock in a research report on Friday, August 22nd. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $300.00 price target on shares of Workday in a research note on Wednesday, September 17th. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $287.86.

Insider Buying and Selling at Workday

In other news, insider Richard Harry Sauer sold 2,320 shares of the firm’s stock in a transaction that occurred on Tuesday, October 7th. The shares were 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 approximately $21,246,461.99. This trade represents a 2.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Zane Rowe sold 6,000 shares of the company’s stock in a transaction on Tuesday, October 7th. The shares were sold at an average price of $232.62, for a total transaction of $1,395,720.00. Following the sale, the chief financial officer owned 168,468 shares of the company’s stock, valued at $39,189,026.16. This represents a 3.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 264,933 shares of company stock worth $61,475,760 over the last quarter. Company insiders own 19.31% of the company’s stock.

Workday Price Performance

Shares of NASDAQ:WDAY opened at $230.82 on Friday. The company has a quick ratio of 2.10, a current ratio of 2.10 and a debt-to-equity ratio of 0.33. The stock has a market cap of $61.63 billion, a PE ratio of 106.86, a PEG ratio of 2.79 and a beta of 1.11. The company’s fifty day moving average is $234.43 and its 200 day moving average is $237.99. Workday, Inc. has a 52 week low of $205.33 and a 52 week high of $294.00.

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

Workday Company 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.