Zane Rowe Sells 6,000 Shares of Workday (NASDAQ:WDAY) Stock

Workday, Inc. (NASDAQ:WDAY) CFO Zane Rowe sold 6,000 shares of Workday stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $208.75, for a total value of $1,252,500.00. Following the completion of the sale, the chief financial officer owned 159,158 shares in the company, valued at approximately $33,224,232.50. The trade was a 3.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Workday Price Performance

Shares of Workday stock opened at $209.79 on Friday. The stock has a market capitalization of $55.17 billion, a P/E ratio of 88.15, a PEG ratio of 2.38 and a beta of 1.14. The business has a 50 day simple moving average of $220.50 and a two-hundred day simple moving average of $228.67. Workday, Inc. has a 12 month low of $202.22 and a 12 month high of $283.68. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.83 and a quick ratio of 1.83.

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

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in WDAY. First Eagle Investment Management LLC purchased a new stake in Workday in the third quarter valued at $556,252,000. Hotchkis & Wiley Capital Management LLC raised its holdings in Workday by 47.5% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 5,842,491 shares of the software maker’s stock valued at $1,406,463,000 after buying an additional 1,882,391 shares during the period. Norges Bank acquired a new position in Workday in the second quarter valued at about $442,702,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Workday by 41.5% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,761,599 shares of the software maker’s stock valued at $905,530,000 after buying an additional 1,103,421 shares during the last quarter. Finally, Generation Investment Management LLP boosted its stake in Workday by 50.4% during the third quarter. Generation Investment Management LLP now owns 3,087,395 shares of the software maker’s stock worth $743,229,000 after buying an additional 1,034,589 shares during the period. 89.81% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on WDAY shares. Guggenheim restated a “buy” rating and set a $285.00 price target on shares of Workday in a research report on Wednesday, November 26th. Needham & Company LLC reissued a “buy” rating and issued a $300.00 target price on shares of Workday in a research note on Wednesday, November 26th. KeyCorp lowered their target price on Workday from $285.00 to $260.00 and set an “overweight” rating on the stock in a report on Wednesday, November 26th. Raymond James Financial initiated coverage on Workday in a report on Friday, November 21st. They issued a “market perform” rating for the company. Finally, Sanford C. Bernstein lowered their price objective on Workday from $304.00 to $298.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 26th. Two research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and twelve have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $281.59.

More Workday News

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Workday highlighted new customer wins and AI innovations aimed at retail and hospitality frontline workers, reinforcing demand in a high‑volume vertical and potential for subscription expansion. Workday Retail & Hospitality Momentum
• Positive Sentiment: Workday added the Paradox conversational ATS to its ecosystem, which uses AI to speed frontline hiring — a capability that can increase add‑on sales and stickiness for large employers. Paradox ATS Partnership
• Neutral Sentiment: Workday’s recent quarterly results showed revenue growth (~12.6% YoY) and an EPS beat; analysts remain mostly constructive (consensus “Moderate Buy”, avg PT ≈ $281.6), supporting mid/long‑term bullish views but valuation (high P/E) leaves limited margin for disappointment. MarketBeat Summary
• Negative Sentiment: CEO Carl Eschenbach sold 3,125 shares at about $210 — disclosed in Form 4 — which can be perceived as insiders taking profits and contributes to near‑term downward pressure. CEO Form 4
• Negative Sentiment: CFO Zane Rowe sold 6,000 shares (~$1.25M at ~$208.75), a modest cut in his stake that adds to the cluster of senior exec sales this week. CFO Form 4
• Negative Sentiment: Former executive/insider Robert Enslin sold 22,185 shares (~$4.66M), the largest single sale reported, which may weigh on sentiment given its size. Enslin Form 4
• Negative Sentiment: Gerrit S. Kazmaier sold ~3,759 shares (~$785k), and Richard H. Sauer sold 1,130 shares (~$237k), adding to the pattern of insider trimming this week. Kazmaier Form 4 Sauer Sale

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.