CHICAGO TRUST Co NA Sells 2,305 Shares of Workday, Inc. $WDAY

CHICAGO TRUST Co NA cut its position in shares of Workday, Inc. (NASDAQ:WDAY) by 32.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,725 shares of the software maker’s stock after selling 2,305 shares during the quarter. CHICAGO TRUST Co NA’s holdings in Workday were worth $1,137,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. Douglas Lane & Associates LLC grew its stake in shares of Workday by 12.1% during the 3rd quarter. Douglas Lane & Associates LLC now owns 285,084 shares of the software maker’s stock worth $68,628,000 after acquiring an additional 30,725 shares in the last quarter. Red Door Wealth Management LLC boosted its holdings in Workday by 63.3% during the third quarter. Red Door Wealth Management LLC now owns 1,543 shares of the software maker’s stock worth $371,000 after purchasing an additional 598 shares during the last quarter. Bay Harbor Wealth Management LLC grew its position in Workday by 12.0% in the third quarter. Bay Harbor Wealth Management LLC now owns 458 shares of the software maker’s stock valued at $110,000 after purchasing an additional 49 shares in the last quarter. Dynamic Advisor Solutions LLC increased its stake in Workday by 11.1% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 1,102 shares of the software maker’s stock valued at $265,000 after buying an additional 110 shares during the last quarter. Finally, Fiduciary Alliance LLC lifted its position in Workday by 27.8% during the 3rd quarter. Fiduciary Alliance LLC now owns 13,334 shares of the software maker’s stock worth $3,210,000 after buying an additional 2,899 shares in the last quarter. Institutional investors own 89.81% of the company’s stock.

Insider Transactions at Workday

In other Workday news, Director Michael M. Mcnamara sold 5,393 shares of the firm’s stock in a transaction that occurred on Friday, October 10th. The shares were sold at an average price of $235.16, for a total transaction of $1,268,217.88. Following the completion of the sale, the director directly owned 24,078 shares in the company, valued at $5,662,182.48. This trade represents a 18.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Richard Harry Sauer sold 2,320 shares of the business’s stock in a transaction that occurred on Tuesday, October 7th. The stock was sold at an average price of $235.87, for a total value of $547,218.40. Following the sale, the insider owned 90,077 shares of the company’s stock, valued at approximately $21,246,461.99. This represents a 2.51% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 332,508 shares of company stock worth $75,305,836. 19.31% of the stock is currently owned by insiders.

Workday Trading Up 0.3%

Shares of Workday stock opened at $218.63 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.83 and a quick ratio of 1.83. The business has a fifty day simple moving average of $227.07 and a two-hundred day simple moving average of $231.71. Workday, Inc. has a 1 year low of $205.33 and a 1 year high of $283.68. The company has a market capitalization of $57.50 billion, a price-to-earnings ratio of 91.86, a P/E/G ratio of 2.48 and a beta of 1.15.

Workday (NASDAQ:WDAY) last released its quarterly earnings data on Tuesday, November 25th. The software maker reported $2.32 EPS for the quarter, beating the consensus estimate of $2.17 by $0.15. The firm had revenue of $2.43 billion for the quarter, compared to the consensus estimate of $2.42 billion. Workday had a net margin of 6.95% and a return on equity of 10.50%. The company’s quarterly revenue was up 12.6% on a year-over-year basis. During the same period in the previous year, the company earned $1.89 earnings per share. Research analysts forecast that Workday, Inc. will post 2.63 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on WDAY shares. Zacks Research cut Workday from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 30th. DA Davidson decreased their price target on Workday from $260.00 to $250.00 and set a “hold” rating for the company in a research note on Wednesday, November 26th. Needham & Company LLC reaffirmed a “buy” rating and set a $300.00 price target on shares of Workday in a research report on Wednesday, November 26th. Piper Sandler raised Workday from an “underweight” rating to a “neutral” rating and increased their price objective for the company from $220.00 to $235.00 in a report on Wednesday, September 17th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Workday from $290.00 to $270.00 and set an “overweight” rating for the company in a research note on Wednesday, November 26th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and twelve have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $282.22.

More Workday News

Here are the key news stories impacting Workday this week:

• Positive Sentiment: BTIG initiated coverage with a Buy and a $285 price target, calling Workday’s outlook “de‑risked” and implying substantial upside from the current level — a clear positive catalyst for buyers. Article Title
• Positive Sentiment: Mizuho Securities reiterated its Buy rating on WDAY, providing additional analyst support that can sustain upward momentum. Article Title
• Neutral Sentiment: Zacks issued mixed estimate changes — they raised their Q2 2028 EPS view (from $1.20 to $1.37) but cut Q4 2027 EPS (from $1.44 to $1.29) and maintain a Hold rating. The revisions suggest near‑term quarter timing differences but leave consensus full‑year views largely intact. Article Title
• Neutral Sentiment: William Blair included Workday among its top picks, adding a modest positive narrative for longer‑term investors but not an immediate earnings or guidance change. Article Title
• Negative Sentiment: Major insider selling: founder/major shareholder David Duffield sold 81,434 shares (about a 43.7% reduction in his disclosed position) in a December 16 filing — a sizable liquidity event that can weigh on sentiment and introduce short‑term selling pressure. Article Title

About Workday

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.