Danica Pension Livsforsikringsaktieselskab Takes Position in Workday, Inc. $WDAY

Danica Pension Livsforsikringsaktieselskab purchased a new stake in Workday, Inc. (NASDAQ:WDAY) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 13,060 shares of the software maker’s stock, valued at approximately $3,144,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in WDAY. First Eagle Investment Management LLC bought a new stake in Workday in the third quarter worth $556,252,000. PKO Investment Management Joint Stock Co purchased a new position in Workday during the third quarter worth $1,805,000. Phoenix Financial Ltd. bought a new position in Workday during the third quarter valued at $2,000,000. Rakuten Investment Management Inc. purchased a new stake in shares of Workday in the third quarter valued at $124,718,000. Finally, Norges Bank purchased a new stake in shares of Workday in the second quarter valued at $442,702,000. Hedge funds and other institutional investors own 89.81% of the company’s stock.

Workday Trading Up 1.2%

Shares of WDAY opened at $135.17 on Wednesday. The firm has a market capitalization of $34.74 billion, a price-to-earnings ratio of 52.39, a PEG ratio of 1.30 and a beta of 1.16. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.32 and a quick ratio of 1.32. Workday, Inc. has a 1-year low of $117.76 and a 1-year high of $276.00. The company has a 50-day moving average of $161.65 and a 200 day moving average of $204.48.

Workday (NASDAQ:WDAY) last issued its earnings results on Tuesday, February 24th. The software maker reported $2.47 EPS for the quarter, topping analysts’ consensus estimates of $2.32 by $0.15. Workday had a net margin of 7.26% and a return on equity of 13.37%. The business had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.52 billion. During the same period in the prior year, the firm earned $1.92 EPS. The company’s revenue for the quarter was up 14.5% compared to the same quarter last year. On average, research analysts expect that Workday, Inc. will post 2.63 EPS for the current year.

Workday News Summary

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Workday announced “Sana” — a global rollout of its conversational superintelligence (Sana for Workday, Sana Self‑Service Agent, and Sana Enterprise) aimed at automating HR/finance workflows and connecting Workday to apps like Gmail, Outlook and Salesforce; this product push could accelerate adoption and expand addressable spend. Read More.
• Positive Sentiment: Workday rolled out new AI agent control tools for enterprise customers, addressing governance and control concerns that often slow AI deployments — a practical move to help CIOs and procurement teams approve deployments. Read More.
• Positive Sentiment: Workday won a significant healthcare engagement: Fairview Health Services selected Workday as its core HR/finance platform for a multi‑year transformation (and Workday partnered with MRI Software to link facilities data) — a material enterprise win in a large vertical. Read More.
• Positive Sentiment: AppZen completed a Workday Design Approved integration for autonomous expense auditing, expanding Workday’s Marketplace ecosystem and making it easier for customers to adopt AI expense controls inside Workday. Read More.
• Neutral Sentiment: Workday is listed among Western U.S. companies expanding operations in Ireland alongside other tech names — a positive sign for international footprint but not an immediate revenue driver. Read More.
• Neutral Sentiment: Analyst/industry comparisons (WDAY vs. IBM) and coverage highlight mixed positioning: Workday’s growth is noted, but competitors’ cloud/AI strategies and estimate revisions create a mixed analyst backdrop. Read More.
• Negative Sentiment: Major shareholder David A. Duffield sold 107,500 shares (about $14.3M at the sale price), reducing his direct holding by ~50.6% — a large insider sale that can spook investors even if not tied to company fundamentals. Read More.
• Negative Sentiment: Critical commentary questions Workday’s seat‑based model in an era of autonomous AI agents (“AI agents don’t buy seats”) and notes the stock’s steep YTD decline, feeding skepticism about long‑term revenue implications of agent automation. Read More.

Insider Transactions at Workday

In other Workday news, CFO Zane Rowe sold 6,000 shares of the company’s stock in a transaction on 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 completion of the sale, the chief financial officer directly owned 159,158 shares in the company, valued at approximately $33,224,232.50. This represents a 3.63% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Gerrit S. Kazmaier sold 6,547 shares of Workday stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $218.77, for a total value of $1,432,287.19. Following the completion of the sale, the insider owned 111,353 shares of the company’s stock, valued at $24,360,695.81. The trade was a 5.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 636,862 shares of company stock valued at $103,687,476. Company insiders own 20.00% of the company’s stock.

Analyst Upgrades and Downgrades

WDAY has been the subject of a number of recent analyst reports. Piper Sandler dropped their price target on shares of Workday from $200.00 to $135.00 and set a “neutral” rating for the company in a research note on Wednesday, February 25th. KeyCorp decreased their price objective on shares of Workday from $260.00 to $155.00 and set an “overweight” rating for the company in a research note on Wednesday, February 25th. BMO Capital Markets dropped their target price on Workday from $204.00 to $182.00 and set an “outperform” rating for the company in a research report on Wednesday, February 25th. Rosenblatt Securities cut their target price on Workday from $180.00 to $150.00 and set a “buy” rating on the stock in a research note on Wednesday, February 25th. Finally, Mizuho reduced their price target on Workday from $275.00 to $210.00 and set an “outperform” rating on the stock in a report on Wednesday, February 25th. Nineteen investment analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $199.71.

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.