Inscription Capital LLC Takes Position in Workday, Inc. $WDAY

Inscription Capital LLC bought a new position in shares of Workday, Inc. (NASDAQ:WDAY) in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 4,242 shares of the software maker’s stock, valued at approximately $1,021,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Norges Bank acquired a new stake in shares of Workday in the second quarter valued at about $442,702,000. AQR Capital Management LLC raised its holdings in shares of Workday by 415.6% during the second quarter. AQR Capital Management LLC now owns 675,148 shares of the software maker’s stock valued at $162,036,000 after acquiring an additional 544,192 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Workday by 2.5% in the second quarter. Vanguard Group Inc. now owns 21,114,184 shares of the software maker’s stock valued at $5,067,404,000 after acquiring an additional 515,529 shares in the last quarter. Fernbridge Capital Management LP lifted its position in shares of Workday by 58.6% in the second quarter. Fernbridge Capital Management LP now owns 1,241,380 shares of the software maker’s stock valued at $297,931,000 after acquiring an additional 458,598 shares in the last quarter. Finally, Parnassus Investments LLC boosted its stake in shares of Workday by 13.1% in the third quarter. Parnassus Investments LLC now owns 3,217,205 shares of the software maker’s stock worth $774,478,000 after acquiring an additional 371,561 shares during the last quarter. Institutional investors and hedge funds own 89.81% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on the company. KeyCorp reduced their price objective on Workday from $285.00 to $260.00 and set an “overweight” rating for the company in a research note on Wednesday, November 26th. Citizens Jmp reiterated a “market outperform” rating and issued a $315.00 target price on shares of Workday in a research report on Wednesday, November 26th. Sanford C. Bernstein decreased their price target on shares of Workday from $304.00 to $298.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 26th. TD Cowen dropped their price objective on shares of Workday from $290.00 to $280.00 and set a “buy” rating for the company in a research note on Wednesday, November 26th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Workday from $290.00 to $270.00 and set an “overweight” rating for the company in a report on Wednesday, November 26th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to MarketBeat, Workday presently has a consensus rating of “Moderate Buy” and a consensus price target of $278.09.

Workday Stock Performance

Shares of WDAY opened at $182.99 on Wednesday. The company’s 50 day simple moving average is $214.71 and its 200-day simple moving average is $226.07. The firm has a market cap of $48.13 billion, a PE ratio of 76.89, a price-to-earnings-growth ratio of 2.11 and a beta of 1.14. Workday, Inc. has a 12-month low of $180.83 and a 12-month high of $283.68. 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 (NASDAQ:WDAY) last issued its quarterly earnings results on Tuesday, November 25th. The software maker reported $2.32 earnings per share for the quarter, topping analysts’ consensus estimates of $2.17 by $0.15. Workday had a net margin of 6.95% and a return on equity of 10.50%. The firm had revenue of $2.43 billion during the quarter, compared to analysts’ expectations of $2.42 billion. During the same quarter in the prior year, the business earned $1.89 EPS. Workday’s quarterly revenue was up 12.6% compared to the same quarter last year. As a group, equities analysts predict that Workday, Inc. will post 2.63 EPS for the current year.

Insider Buying and Selling at Workday

In other Workday news, CFO Zane Rowe sold 6,000 shares of the stock in a transaction that occurred on Tuesday, January 6th. The stock was 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 directly 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Mark S. Garfield sold 953 shares of Workday stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $209.56, for a total value of $199,710.68. Following the completion of the transaction, the chief accounting officer owned 35,336 shares in the company, valued at $7,405,012.16. This trade represents a 2.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 370,321 shares of company stock valued at $78,866,401. Corporate insiders own 20.00% of the company’s stock.

More Workday News

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

Workday 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.