Assetmark Inc. Has $895,000 Stock Holdings in Workday, Inc. $WDAY

Assetmark Inc. decreased its position in Workday, Inc. (NASDAQ:WDAY) by 90.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,716 shares of the software maker’s stock after selling 35,897 shares during the period. Assetmark Inc.’s holdings in Workday were worth $895,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. Rakuten Securities Inc. bought a new stake in shares of Workday during the second quarter valued at approximately $25,000. Berbice Capital Management LLC boosted its stake in 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 buying an additional 75 shares in the last quarter. Golden State Wealth Management LLC increased its holdings in Workday by 2,216.7% in the 2nd quarter. Golden State Wealth Management LLC now owns 139 shares of the software maker’s stock valued at $33,000 after buying an additional 133 shares during the period. Root Financial Partners LLC bought a new stake in Workday in the 3rd quarter valued at $40,000. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in shares of Workday in the 2nd quarter valued at $41,000. Institutional investors own 89.81% of the company’s stock.

Trending Headlines about Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Founder returns as CEO, refocusing on the AI roadmap and investor messaging — a leadership move that investors often view as constructive for execution on AI and product strategy. Workday Founder Returns As CEO Refocusing AI Roadmap And Investor Expectations
• Positive Sentiment: Rosenblatt upgraded WDAY to Buy, adding near‑term buying support from an upgrade. Rosenblatt Securities Upgrades Workday (NASDAQ:WDAY) to Buy
• Positive Sentiment: Guggenheim reiterated a Buy rating, providing some stability amid the mixed broker activity. Guggenheim Reiterates Buy Rating for Workday (NASDAQ:WDAY)
• Positive Sentiment: TD Cowen (via TipRanks) kept a Buy stance, highlighting AI‑driven growth and strategic M&A as longer‑term positives even after trimming the price target to $200. Workday: AI-Driven Growth and Strategic Acquisitions Underscore Buy Rating Despite Macro and Leadership Headwinds
• Neutral Sentiment: Analysts and previews are focused on the Feb. 24 Q4 print — Zacks notes growth drivers (AI, cloud launches, sector demand) but says an earnings beat is uncertain, increasing event risk into the print. Workday Set to Report Q4 Results: Will Revenue Growth Boost Earnings?
• Neutral Sentiment: Zacks and other previews dig into key metrics beyond top‑line estimates, suggesting investors should watch subscription revenue mix, billings, margin cadence and AI product adoption. Seeking Clues to Workday (WDAY) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
• Neutral Sentiment: Some market commentary (Seeking Alpha) argues WDAY looks oversold with upside potential, highlighting the stock’s sensitivity to sentiment vs. fundamentals. Workday: Oversold With Material Upside Potential
• Negative Sentiment: Citizens/JMP downgraded WDAY to Market Perform, reducing a chunk of buy‑side conviction and contributing to selling pressure. Workday (NASDAQ:WDAY) Rating Lowered to “Market Perform” at Citizens Jmp
• Negative Sentiment: BMO cut its price target to $204 and Oppenheimer lowered its expectations—these downgrades/target cuts compress upside and raise the bar for positive surprises. BMO Capital Markets Lowers Workday (NASDAQ:WDAY) Price Target to $204.00 Oppenheimer Has Lowered Expectations for Workday (NASDAQ:WDAY) Stock Price
• Negative Sentiment: Recent intraday weakness and Zacks coverage note the stock has been falling more than the broader market, reflecting the combined effect of downgrades, target cuts and pre‑earnings caution. Here’s Why Workday (WDAY) Fell More Than Broader Market

Wall Street Analysts Forecast Growth

WDAY has been the topic of several recent research reports. Evercore set a $200.00 target price on shares of Workday in a research report on Monday, February 9th. UBS Group decreased their price objective on Workday from $240.00 to $170.00 and set a “neutral” rating on the stock in a report on Tuesday, February 10th. Rosenblatt Securities upgraded Workday from a “hold” rating to a “buy” rating and lowered their price objective for the company from $235.00 to $180.00 in a research note on Tuesday. BMO Capital Markets cut their target price on Workday from $285.00 to $204.00 and set an “outperform” rating for the company in a research report on Tuesday. Finally, Oppenheimer lowered their price target on Workday from $270.00 to $200.00 and set an “outperform” rating on the stock in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $253.32.

Insider Activity

In other Workday news, insider Richard Harry Sauer sold 1,130 shares of the firm’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $210.00, for a total value of $237,300.00. Following the completion of the sale, the insider owned 85,398 shares in the company, valued at approximately $17,933,580. This trade represents a 1.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Mark S. Garfield sold 953 shares of the business’s stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of $209.56, for a total transaction of $199,710.68. Following the completion of the transaction, the chief accounting officer directly owned 35,336 shares of the company’s stock, valued at approximately $7,405,012.16. This represents a 2.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 370,321 shares of company stock worth $78,866,401. 19.31% of the stock is currently owned by insiders.

Workday Trading Down 1.6%

WDAY stock opened at $137.81 on Friday. The business has a fifty day moving average price of $187.89 and a 200 day moving average price of $214.98. Workday, Inc. has a fifty-two week low of $136.64 and a fifty-two week high of $281.00. The stock has a market capitalization of $36.24 billion, a price-to-earnings ratio of 57.90, a P/E/G ratio of 1.20 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.

Workday (NASDAQ:WDAY) last posted its quarterly earnings data on Tuesday, November 25th. The software maker reported $2.32 EPS for the quarter, topping analysts’ consensus estimates of $2.17 by $0.15. Workday had a return on equity of 10.50% and a net margin of 6.95%.The company had revenue of $2.43 billion for the quarter, compared to analyst estimates of $2.42 billion. During the same quarter in the previous year, the firm earned $1.89 earnings per share. The business’s revenue was up 12.6% on a year-over-year basis. Analysts expect that Workday, Inc. will post 2.63 EPS for the current fiscal year.

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.