American Century Companies Inc. Sells 334,873 Shares of Workday, Inc. $WDAY

American Century Companies Inc. cut its holdings in Workday, Inc. (NASDAQ:WDAY) by 20.1% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,327,557 shares of the software maker’s stock after selling 334,873 shares during the quarter. American Century Companies Inc. owned approximately 0.50% of Workday worth $319,583,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in WDAY. Perennial Investment Advisors LLC increased its position in Workday by 2.8% in the 2nd quarter. Perennial Investment Advisors LLC now owns 1,741 shares of the software maker’s stock valued at $418,000 after acquiring an additional 48 shares in the last quarter. Bay Harbor Wealth Management LLC grew its stake in shares of Workday by 12.0% during 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 during the last quarter. Farther Finance Advisors LLC increased its holdings in shares of Workday by 1.2% in the third quarter. Farther Finance Advisors LLC now owns 4,128 shares of the software maker’s stock valued at $994,000 after purchasing an additional 49 shares in the last quarter. Kingsview Wealth Management LLC increased its holdings in shares of Workday by 1.1% in the second quarter. Kingsview Wealth Management LLC now owns 4,544 shares of the software maker’s stock valued at $1,091,000 after purchasing an additional 50 shares in the last quarter. Finally, Strategic Investment Advisors MI raised its position in Workday by 1.6% in the 2nd quarter. Strategic Investment Advisors MI now owns 3,263 shares of the software maker’s stock worth $777,000 after purchasing an additional 50 shares during the last quarter. Institutional investors and hedge funds own 89.81% of the company’s stock.

Workday Stock Down 3.8%

Shares of WDAY stock opened at $133.76 on Friday. Workday, Inc. has a 1 year low of $117.76 and a 1 year high of $276.00. The firm has a market capitalization of $35.18 billion, a P/E ratio of 51.85, a PEG ratio of 1.28 and a beta of 1.13. The company has a current ratio of 1.32, a quick ratio of 1.83 and a debt-to-equity ratio of 0.38. The firm’s fifty day moving average price is $179.53 and its two-hundred day moving average price is $211.88.

Workday (NASDAQ:WDAY) last posted its quarterly earnings results on Tuesday, February 24th. The software maker reported $2.47 earnings per share for the quarter, topping the consensus estimate of $2.32 by $0.15. The firm had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.52 billion. Workday had a return on equity of 13.37% and a net margin of 7.26%.The business’s quarterly revenue was up 14.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.92 EPS. On average, equities analysts predict that Workday, Inc. will post 2.63 EPS for the current fiscal year.

Key Workday News

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Insperity partnership expands Workday into the SMB market with the general availability of Insperity HRScale, pairing Workday HCM with outsourced HR services — a tangible route to new recurring revenue and smaller-account penetration. Workday And Insperity Target SMB Growth With New HRScale Partnership
• Positive Sentiment: Healthcare integrations: Kahuna and Skillcentrix will bring clinically validated skills data into Workday for frontline healthcare workforces, strengthening industry-specific stickiness and compliance value of the platform. Kahuna and Skillcentrix Partner to Bring Trusted, Clinically Validated Skills Data into Workday
• Positive Sentiment: Bullish coverage and buyback/institutional support arguments note solid Q4 execution (revenue and EPS beat, margin expansion) and argue the pullback presents a long-term buying opportunity. Workday, Seriously, It’s Time to Buy This SaaS Leader
• Neutral Sentiment: Q4 results mixed: revenue and EPS topped expectations and margins improved, but management issued softer near-term guidance (2027), creating uncertainty around growth cadence despite operating leverage. Workday (WDAY) Is Down 9.0% After Softer 2027 Outlook and CEO Shift Back to Co-Founder
• Neutral Sentiment: Analyst reactions are mixed — some firms raised or maintained Buy ratings and raised targets, while many cut price targets after the guidance miss; that spread increases short-term volatility as investors sort the outlook. Workday Given New $206.00 Price Target at The Goldman Sachs Group
• Negative Sentiment: Significant analyst downgrades and price-target cuts (e.g., DA Davidson to $125, Citi cut to $148, UBS to $130 and multiple others) have pressured the stock and triggered a gap down in early trading. Workday price target lowered to $125 from $250 at DA Davidson
• Negative Sentiment: Macro/sector risk: renewed AI-selloff and skepticism about how AI will reshape enterprise software have depressed valuation multiples across SaaS names and increased investor risk aversion for names like Workday. Commentary from high‑profile commentators has added to the negative sentiment. Will AI Kill Software? Fear Creeps Beyond ‘Saaspocalypse,’ Hits IBM, DoorDash
• Negative Sentiment: Market reaction driven by guidance cut and executive leadership change (co‑founder Aneel Bhusri returning as CEO) increased uncertainty and likely accelerated selling pressure. Workday Retreats As Fiscal 2027 Guidance Falls Short Amid CEO’s Return

Insider Transactions at Workday

In other news, major shareholder David A. Duffield sold 82,884 shares of Workday stock in a transaction that occurred on Thursday, January 8th. The stock was sold at an average price of $209.75, for a total transaction of $17,384,919.00. Following the completion of the transaction, the insider directly owned 105,049 shares in the company, valued at approximately $22,034,027.75. The trade was a 44.10% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Gerrit S. Kazmaier sold 3,759 shares of the company’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $208.73, for a total transaction of $784,616.07. Following the completion of the transaction, the insider owned 105,167 shares in the company, valued at approximately $21,951,507.91. This represents a 3.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 370,321 shares of company stock valued at $78,866,401. Company insiders own 19.31% of the company’s stock.

Wall Street Analysts Forecast Growth

WDAY has been the subject of several research reports. Evercore cut Workday from an “outperform” rating to an “in-line” rating and set a $160.00 target price for the company. in a research note on Wednesday. Oppenheimer decreased their price target on Workday from $200.00 to $165.00 and set an “outperform” rating on the stock in a report on Wednesday. BTIG Research dropped their price objective on Workday from $230.00 to $175.00 and set a “buy” rating for the company in a report on Wednesday. Raymond James Financial restated a “market perform” rating on shares of Workday in a research report on Monday, February 9th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Workday from $270.00 to $230.00 and set an “overweight” rating for the company in a research report on Tuesday. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and fifteen have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $205.19.

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.