BNP PARIBAS ASSET MANAGEMENT Holding S.A. Has $100.57 Million Holdings in Workday, Inc. $WDAY

BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its stake in shares of Workday, Inc. (NASDAQ:WDAY) by 300.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 418,491 shares of the software maker’s stock after purchasing an additional 314,086 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. owned approximately 0.16% of Workday worth $100,568,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Rakuten Securities Inc. acquired a new position in Workday during the 2nd quarter worth $25,000. Berbice Capital Management LLC raised its position in shares of Workday by 136.4% during the second quarter. Berbice Capital Management LLC now owns 130 shares of the software maker’s stock worth $31,000 after acquiring an additional 75 shares during the last quarter. Golden State Wealth Management LLC lifted its stake in shares of Workday by 2,216.7% during the second quarter. Golden State Wealth Management LLC now owns 139 shares of the software maker’s stock valued at $33,000 after acquiring an additional 133 shares during the period. Root Financial Partners LLC acquired a new position in shares of Workday during the third quarter valued at $40,000. Finally, Twin Peaks Wealth Advisors LLC bought a new position in Workday in the second quarter valued at about $41,000. 89.81% of the stock is owned by institutional investors.

Trending Headlines about Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Founder/CEO change — Workday’s founder returning as CEO is being framed as a refocus on the company’s AI roadmap and investor expectations; market reaction is mixed but this is a catalyst that could boost confidence in strategic execution over time. Workday Founder Returns As CEO Refocusing AI Roadmap And Investor Expectations
• Positive Sentiment: Broker upgrades/reaffirmations — Rosenblatt upgraded WDAY to Buy and Guggenheim reaffirmed its Buy with a $285 target, signaling some analyst conviction in medium‑term upside and the company’s positioning in AI-enabled HCM/ERP. Rosenblatt Securities Upgrades Workday (NASDAQ:WDAY) to Buy
• Positive Sentiment: Market narrative of being “oversold” — commentary from investors/analysts highlights material upside if execution normalizes, which can attract bargain‑hunting flows after the recent pullback. Workday: Oversold With Material Upside Potential
• Neutral Sentiment: Partner/product integration — Interact launched AI‑native features with Workday integration; positive for ecosystem but likely small near‑term impact on revenue. Interact Expands its Employee Experience Platform with New AI‑Native Features and Workday Integration
• Neutral Sentiment: Q4 preview/metrics focus — Analysts are digging into key metrics ahead of earnings (revenue mix, subscription growth, margin cadence); this is information‑driven and could swing sentiment after the report. Seeking Clues to Workday (WDAY) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
• Negative Sentiment: Multiple broker downgrades and price‑target cuts — BMO trimmed its target to $204 and Oppenheimer lowered expectations; Citizens downgraded to market perform. These moves increase selling pressure and signal tempered near‑term growth/profitability expectations. BMO Capital Markets Lowers Workday (NASDAQ:WDAY) Price Target to $204.00
• Negative Sentiment: Analyst notes and market commentary on the drop — Coverage explains why WDAY fell more than the broader market, reinforcing negative sentiment and momentum‑based selling. Here’s Why Workday (WDAY) Fell More Than Broader Market

Insider Buying and Selling

In related news, major shareholder David A. Duffield sold 82,884 shares of the company’s stock in a transaction on Thursday, January 8th. The shares were sold at an average price of $209.75, for a total value of $17,384,919.00. Following the completion of the transaction, the insider directly owned 105,049 shares of the company’s stock, valued at approximately $22,034,027.75. This represents a 44.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Zane Rowe sold 6,000 shares of the 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 transaction, 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 position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 370,321 shares of company stock valued at $78,866,401. 19.31% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. UBS Group dropped their price objective on Workday from $240.00 to $170.00 and set a “neutral” rating for the company in a report on Tuesday, February 10th. Loop Capital set a $280.00 price target on shares of Workday in a research note on Wednesday, December 10th. JPMorgan Chase & Co. cut their price objective on shares of Workday from $290.00 to $270.00 and set an “overweight” rating on the stock in a report on Wednesday, November 26th. Citigroup lowered their target price on shares of Workday from $261.00 to $247.00 and set a “neutral” rating for the company in a report on Wednesday, November 26th. Finally, Royal Bank Of Canada dropped their target price on shares of Workday from $320.00 to $300.00 and set an “outperform” rating for the company in a research report on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and twelve have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $255.90.

Workday Stock Down 1.8%

Shares of Workday stock opened at $140.02 on Friday. The company has a market capitalization of $36.83 billion, a P/E ratio of 58.83, a price-to-earnings-growth ratio of 1.22 and a beta of 1.13. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.83 and a quick ratio of 1.83. The business has a 50-day moving average of $189.63 and a two-hundred day moving average of $215.58. Workday, Inc. has a 1 year low of $139.38 and a 1 year high of $281.00.

Workday (NASDAQ:WDAY) last issued its quarterly earnings data on Tuesday, November 25th. The software maker reported $2.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.17 by $0.15. Workday had a return on equity of 10.50% and a net margin of 6.95%.The business had revenue of $2.43 billion during the quarter, compared to analyst estimates of $2.42 billion. During the same period in the previous year, the firm 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.

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.