Andra AP fonden Lowers Stake in Workday, Inc. $WDAY

Andra AP fonden reduced its position in Workday, Inc. (NASDAQ:WDAY) by 66.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,714 shares of the software maker’s stock after selling 31,476 shares during the quarter. Andra AP fonden’s holdings in Workday were worth $3,783,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of WDAY. Vanguard Group Inc. boosted its holdings in Workday by 3.2% in the 3rd quarter. Vanguard Group Inc. now owns 21,799,056 shares of the software maker’s stock worth $5,247,687,000 after buying an additional 684,872 shares during the period. State Street Corp lifted its position in shares of Workday by 3.3% in the second quarter. State Street Corp now owns 9,600,516 shares of the software maker’s stock valued at $2,304,124,000 after acquiring an additional 303,713 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Workday by 2.9% in the second quarter. Geode Capital Management LLC now owns 4,952,938 shares of the software maker’s stock valued at $1,183,112,000 after acquiring an additional 140,042 shares in the last quarter. Parnassus Investments LLC boosted its stake in shares of Workday by 13.1% in the third quarter. Parnassus Investments LLC now owns 3,217,205 shares of the software maker’s stock worth $774,478,000 after acquiring an additional 371,561 shares during the period. Finally, Generation Investment Management LLP grew its position in shares of Workday by 50.4% during the third quarter. Generation Investment Management LLP now owns 3,087,395 shares of the software maker’s stock worth $743,229,000 after purchasing an additional 1,034,589 shares in the last quarter. 89.81% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. TD Cowen cut Workday from a “buy” rating to a “hold” rating and set a $155.00 price target on the stock. in a report on Wednesday. Rosenblatt Securities reduced their price objective on shares of Workday from $180.00 to $150.00 and set a “buy” rating on the stock in a research report on Wednesday. Citigroup lowered their target price on shares of Workday from $247.00 to $148.00 and set a “neutral” rating on the stock in a report on Thursday. UBS Group cut their target price on shares of Workday from $170.00 to $130.00 and set a “neutral” rating for the company in a research note on Wednesday. Finally, Mizuho reduced their price target on shares of Workday from $275.00 to $210.00 and set an “outperform” rating on the stock in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and fifteen have assigned a Hold rating to the company. Based on data from MarketBeat.com, Workday currently has an average rating of “Moderate Buy” and an average price target of $205.19.

Workday Stock Down 3.8%

NASDAQ:WDAY opened at $133.76 on Friday. The company has a market cap of $35.18 billion, a price-to-earnings ratio of 51.85, a price-to-earnings-growth ratio of 1.23 and a beta of 1.13. Workday, Inc. has a twelve month low of $117.76 and a twelve month high of $276.00. 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 stock has a fifty day simple moving average of $179.53 and a 200-day simple moving average of $211.86.

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

Trending Headlines about Workday

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

Insiders Place Their Bets

In related news, CFO Zane Rowe sold 6,000 shares of Workday stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $208.75, for a total transaction of $1,252,500.00. Following the transaction, the chief financial officer directly owned 159,158 shares of the company’s stock, valued at $33,224,232.50. This trade represents a 3.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CAO Mark S. Garfield sold 953 shares of the company’s stock in a transaction on Thursday, January 8th. The stock was sold at an average price of $209.56, for a total value of $199,710.68. Following the sale, the chief accounting officer owned 35,336 shares of the company’s stock, valued at approximately $7,405,012.16. This represents a 2.63% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 370,321 shares of company stock worth $78,866,401. 19.31% of the stock is owned by corporate insiders.

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.