Dynasty Wealth Management LLC Sells 4,453 Shares of Workday, Inc. $WDAY

Dynasty Wealth Management LLC decreased its holdings in shares of Workday, Inc. (NASDAQ:WDAY) by 61.7% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,759 shares of the software maker’s stock after selling 4,453 shares during the quarter. Dynasty Wealth Management LLC’s holdings in Workday were worth $664,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Verdence Capital Advisors LLC grew its position in Workday by 1.0% in the 2nd quarter. Verdence Capital Advisors LLC now owns 4,381 shares of the software maker’s stock valued at $1,051,000 after acquiring an additional 45 shares during the last quarter. Perennial Investment Advisors LLC boosted its stake in shares of Workday by 2.8% during the second quarter. Perennial Investment Advisors LLC now owns 1,741 shares of the software maker’s stock valued at $418,000 after purchasing an additional 48 shares during the period. Johnson Investment Counsel Inc. grew its holdings in shares of Workday by 2.3% in the second quarter. Johnson Investment Counsel Inc. now owns 2,201 shares of the software maker’s stock worth $528,000 after purchasing an additional 49 shares during the last quarter. Bay Harbor Wealth Management LLC grew its holdings in shares of Workday by 12.0% in the third quarter. Bay Harbor Wealth Management LLC now owns 458 shares of the software maker’s stock worth $110,000 after purchasing an additional 49 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its stake in Workday by 1.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 4,128 shares of the software maker’s stock worth $994,000 after buying an additional 49 shares during the period. 89.81% of the stock is owned by institutional investors.

Workday Trading Down 2.1%

Shares of NASDAQ:WDAY opened at $182.99 on Wednesday. The company has a market capitalization of $48.13 billion, a PE ratio of 76.89, a P/E/G ratio of 2.11 and a beta of 1.14. The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 0.34. Workday, Inc. has a 12-month low of $180.83 and a 12-month high of $283.68. The business’s fifty day simple moving average is $214.71 and its 200-day simple moving average is $226.07.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on WDAY shares. Raymond James Financial assumed coverage on shares of Workday in a research report on Friday, November 21st. They issued a “market perform” rating for the company. Macquarie reiterated a “buy” rating on shares of Workday in a report on Wednesday, November 26th. Cantor Fitzgerald restated an “overweight” rating on shares of Workday in a report on Wednesday, November 26th. Needham & Company LLC reaffirmed a “buy” rating and set a $300.00 target price on shares of Workday in a research report on Wednesday, November 26th. Finally, Wells Fargo & Company dropped their price target on Workday from $300.00 to $290.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 26th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and thirteen have issued a Hold rating to the stock. According to data from MarketBeat.com, Workday currently has a consensus rating of “Moderate Buy” and an average price target of $278.09.

Trending Headlines about Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Workday announced a CAD $1 billion, five‑year investment plan in Canada to expand its Canadian business, hire talent, and support customers and communities — a tangible commitment to grow its international footprint and R&D/talent base. Workday to Invest CAD $1 Billion in Canada Over Five Years
• Positive Sentiment: Consensus broker sentiment remains constructive: coverage-average recommendations are around “Moderate Buy,” which supports demand from institutional holders. Workday, Inc. (NASDAQ:WDAY) Given Average Recommendation of “Moderate Buy” by Brokerages
• Neutral Sentiment: Several bullish-opinion pieces highlight Workday’s enterprise AI positioning, cross‑sell potential and cloud-native advantages as a multi-year upside case — useful context for investors but largely narrative-driven rather than new company guidance. Workday, Inc. (WDAY): A Bull Case Theory
• Negative Sentiment: Goldman Sachs initiated coverage at Neutral, warning that market‑share gains may be harder than expected and that AI enthusiasm could be tempered by competitive dynamics — a notable caution from a major bank that can influence near‑term flows. Goldman Sachs Initiates Workday (WDAY) at Neutral as Challenging Market Share Gains Temper AI Optimism

Insider Activity

In related news, insider Robert Enslin sold 22,185 shares of the stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $210.17, for a total transaction of $4,662,621.45. Following the completion of the sale, the insider owned 106,330 shares of the company’s stock, valued at $22,347,376.10. This represents a 17.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Zane Rowe sold 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $208.75, for a total transaction of $1,252,500.00. Following the completion of the sale, the chief financial officer owned 159,158 shares of the company’s stock, valued at approximately $33,224,232.50. This trade represents a 3.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 370,321 shares of company stock worth $78,866,401 over the last 90 days. 20.00% of the stock is currently owned by insiders.

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.