HighTower Advisors LLC Sells 3,734 Shares of Workday, Inc. $WDAY

HighTower Advisors LLC decreased its stake in Workday, Inc. (NASDAQ:WDAY) by 9.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 36,003 shares of the software maker’s stock after selling 3,734 shares during the period. HighTower Advisors LLC’s holdings in Workday were worth $8,667,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in Workday by 2.5% in the 2nd quarter. Vanguard Group Inc. now owns 21,114,184 shares of the software maker’s stock worth $5,067,404,000 after purchasing an additional 515,529 shares during the last quarter. State Street Corp grew its position in Workday by 3.3% during the second quarter. State Street Corp now owns 9,600,516 shares of the software maker’s stock worth $2,304,124,000 after buying an additional 303,713 shares in the last quarter. Geode Capital Management LLC grew its position in Workday by 2.9% during the second quarter. Geode Capital Management LLC now owns 4,952,938 shares of the software maker’s stock worth $1,183,112,000 after buying an additional 140,042 shares in the last quarter. Parnassus Investments LLC increased its stake in Workday by 13.1% during the third quarter. Parnassus Investments LLC now owns 3,217,205 shares of the software maker’s stock valued at $774,478,000 after acquiring an additional 371,561 shares during the period. Finally, Invesco Ltd. raised its holdings in Workday by 10.4% in the 2nd quarter. Invesco Ltd. now owns 2,187,137 shares of the software maker’s stock valued at $524,913,000 after acquiring an additional 205,403 shares in the last quarter. 89.81% of the stock is currently owned by institutional investors and hedge funds.

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

Workday Price Performance

Shares of WDAY stock opened at $137.81 on Monday. Workday, Inc. has a 1 year low of $136.64 and a 1 year high of $281.00. The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 0.34. The firm’s 50 day moving average is $187.89 and its 200-day moving average is $214.81. The firm has a market capitalization of $36.24 billion, a price-to-earnings ratio of 57.90, a PEG ratio of 1.18 and a beta of 1.14.

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

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Sanford C. Bernstein decreased their price objective on Workday from $304.00 to $298.00 and set an “outperform” rating on the stock in a report on Wednesday, November 26th. UBS Group decreased their price target on shares of Workday from $240.00 to $170.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 10th. Macquarie Infrastructure reissued a “buy” rating on shares of Workday in a report on Wednesday, November 26th. Morgan Stanley raised their price objective on shares of Workday from $255.00 to $280.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 26th. Finally, Raymond James Financial reiterated a “market perform” rating on shares of Workday in a research report on Monday, February 9th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and twelve have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $253.32.

Insider Buying and Selling at Workday

In related news, insider Robert Enslin sold 22,185 shares of the firm’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $210.17, for a total value of $4,662,621.45. Following the transaction, the insider owned 106,330 shares in the company, valued at $22,347,376.10. This trade represents a 17.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder David A. Duffield sold 82,884 shares of the business’s stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of $209.75, for a total value of $17,384,919.00. Following the sale, the insider directly owned 105,049 shares of the company’s stock, valued at $22,034,027.75. This represents a 44.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 370,321 shares of company stock valued at $78,866,401 over the last ninety days. Company insiders own 20.00% of the company’s stock.

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.