Robert Enslin Sells 5,373 Shares of Workday (NASDAQ:WDAY) Stock

Workday, Inc. (NASDAQ:WDAY) insider Robert Enslin sold 5,373 shares of Workday stock in a transaction on Monday, April 6th. The shares were sold at an average price of $129.41, for a total value of $695,319.93. Following the transaction, the insider owned 165,414 shares in the company, valued at $21,406,225.74. This trade represents a 3.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Workday Price Performance

NASDAQ WDAY opened at $119.17 on Thursday. The company has a market capitalization of $30.63 billion, a PE ratio of 46.19, a price-to-earnings-growth ratio of 1.28 and a beta of 1.14. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.32 and a current ratio of 1.32. The business’s fifty day moving average is $141.00 and its 200 day moving average is $193.52. Workday, Inc. has a fifty-two week low of $117.76 and a fifty-two week high of $276.00.

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

Trending Headlines about Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Workday added a financial‑wellness partner (OnePay) to its Workday Wellness/EDDS capabilities, improving employer benefit integrations and a potential incremental revenue/usage path. From Perk to Platform: OnePay Forms Partnership with Workday
• Positive Sentiment: Workday was named a Leader in Gartner’s 2026 Magic Quadrant for Higher Education Student Information Systems — a product endorsement that supports longer‑term adoption in higher‑ed recurring revenue streams. Workday Named a Leader in 2026 Gartner® Magic Quadrant™ for Higher Education Student Information Systems
• Positive Sentiment: Partner ecosystem consolidation: UST acquired Intecrowd, a Workday implementation partner, which can expand channel capacity and help accelerate deployments for customers. That supports Workday’s go‑to‑market indirectly. UST Acquires Award‑Winning Workday Partner Intecrowd
• Neutral Sentiment: Market roundups and price‑action stories summarize WDAY’s pullback vs. the market but add little new company detail. Useful for context, not a catalyst. Workday (WDAY) Stock Sinks As Market Gains: Here’s Why
• Neutral Sentiment: Analyst coverage is mixed: several early‑2026 target cuts reduced upside, but consensus remains a “Moderate Buy” with a mid‑$190s average target — this keeps longer‑term analyst support but limits near‑term enthusiasm.
• Negative Sentiment: Large insider sale: founder David Duffield sold 107,500 shares (~$13.9M) under a pre‑arranged 10b5‑1 plan, cutting his stake by ~50% — the size of the sale is significant and likely weighed on sentiment today. SEC filing: Duffield Form 4
• Negative Sentiment: Multiple insider sales (CFO Zane Rowe, Robert Enslin, Gerrit Kazmaier) — mostly executed under 10b5‑1 plans or to cover tax withholding on vested awards — added near‑term sell supply and contributed to downward pressure. Rowe Form 4 Enslin Form 4 Kazmaier Form 4
• Negative Sentiment: Negative media commentary (high‑profile opinion pieces) has flagged Workday as a relative laggard, which can amplify selling even when fundamentals (recent EPS beat and revenue growth) remain solid. Jim Cramer on Workday

Analysts Set New Price Targets

Several research firms recently weighed in on WDAY. UBS Group lowered their target price on Workday from $170.00 to $130.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 25th. Needham & Company LLC reiterated a “buy” rating and set a $300.00 target price on shares of Workday in a research report on Wednesday, February 25th. Raymond James Financial reiterated a “market perform” rating on shares of Workday in a research report on Monday, February 9th. Royal Bank Of Canada lowered their target price on Workday from $220.00 to $180.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 25th. Finally, Evercore downgraded Workday from an “outperform” rating to an “in-line” rating and set a $160.00 price objective on the stock. in a research report on Wednesday, February 25th. Nineteen research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Workday presently has a consensus rating of “Moderate Buy” and a consensus target price of $199.71.

Institutional Investors Weigh In On Workday

A number of hedge funds have recently made changes to their positions in WDAY. Rakuten Securities Inc. purchased a new stake in shares of Workday in the second quarter worth about $25,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Workday in the third quarter worth about $26,000. DT Investment Partners LLC purchased a new stake in shares of Workday in the fourth quarter worth about $27,000. LRI Investments LLC purchased a new stake in shares of Workday in the fourth quarter worth about $29,000. Finally, JPL Wealth Management LLC purchased a new stake in shares of Workday in the third quarter worth about $30,000. 89.81% of the stock is currently owned by hedge funds and other institutional investors.

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.