PUREfi Wealth LLC Has $355,000 Stock Holdings in Workday, Inc. $WDAY

PUREfi Wealth LLC lessened its stake in Workday, Inc. (NASDAQ:WDAY) by 12.9% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,479 shares of the software maker’s stock after selling 219 shares during the quarter. PUREfi Wealth LLC’s holdings in Workday were worth $355,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in WDAY. Nuveen LLC acquired a new position in Workday in the 1st quarter valued at approximately $456,341,000. T. Rowe Price Investment Management Inc. increased its stake in Workday by 47.5% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 3,764,598 shares of the software maker’s stock valued at $879,147,000 after buying an additional 1,211,659 shares during the period. Hotchkis & Wiley Capital Management LLC grew its position in Workday by 35.6% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 3,479,105 shares of the software maker’s stock worth $812,475,000 after acquiring an additional 913,613 shares in the last quarter. Generation Investment Management LLP grew its position in Workday by 36.6% in the first quarter. Generation Investment Management LLP now owns 2,903,767 shares of the software maker’s stock worth $678,117,000 after acquiring an additional 778,301 shares in the last quarter. Finally, Parnassus Investments LLC grew its position in Workday by 22.4% in the first quarter. Parnassus Investments LLC now owns 2,996,429 shares of the software maker’s stock worth $699,756,000 after acquiring an additional 548,694 shares in the last quarter. Institutional investors and hedge funds own 89.81% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on the stock. Wall Street Zen raised shares of Workday from a “hold” rating to a “buy” rating in a research report on Sunday, July 13th. DA Davidson boosted their target price on shares of Workday from $225.00 to $260.00 and gave the stock a “neutral” rating in a research report on Friday, September 19th. BMO Capital Markets decreased their target price on shares of Workday from $314.00 to $285.00 and set an “outperform” rating for the company in a research report on Friday, August 22nd. JMP Securities reissued a “market outperform” rating and issued a $315.00 target price on shares of Workday in a research report on Wednesday, September 17th. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $265.00 target price on shares of Workday in a research report on Wednesday, September 17th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $287.83.

Workday Trading Up 1.9%

Shares of Workday stock opened at $236.48 on Monday. The stock has a market capitalization of $63.14 billion, a P/E ratio of 109.48, a price-to-earnings-growth ratio of 2.95 and a beta of 1.10. The company has a quick ratio of 2.10, a current ratio of 2.10 and a debt-to-equity ratio of 0.33. The company has a 50-day simple moving average of $230.06 and a 200 day simple moving average of $237.28. Workday, Inc. has a 12-month low of $205.33 and a 12-month high of $294.00.

Workday (NASDAQ:WDAY) last issued its quarterly earnings data on Thursday, August 21st. The software maker reported $2.21 EPS for the quarter, topping analysts’ consensus estimates of $2.09 by $0.12. Workday had a net margin of 6.51% and a return on equity of 9.74%. The firm had revenue of $2.35 billion for the quarter, compared to analyst estimates of $2.34 billion. During the same quarter in the prior year, the firm earned $1.75 EPS. The company’s revenue was up 12.6% on a year-over-year basis. Workday has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. Research analysts expect that Workday, Inc. will post 2.63 earnings per share for the current fiscal year.

Insider Activity

In other Workday news, CEO Carl M. Eschenbach sold 6,250 shares of the stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $237.52, for a total transaction of $1,484,500.00. Following the sale, the chief executive officer owned 20,222 shares of the company’s stock, valued at $4,803,129.44. This represents a 23.61% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Mark S. Garfield sold 451 shares of the stock in a transaction dated Thursday, July 10th. The stock was sold at an average price of $234.86, for a total transaction of $105,921.86. Following the sale, the chief accounting officer directly owned 42,977 shares in the company, valued at approximately $10,093,578.22. This represents a 1.04% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 253,254 shares of company stock worth $58,996,376. 20.00% of the stock is currently owned by insiders.

Workday Profile

Workday, Inc provides enterprise cloud applications in the United States and internationally. Its applications help its customers to plan, execute, analyze, and extend to other applications and environments to manage their business and operations. The company offers a suite of financial management applications to maintain accounting information in the general ledger; manage financial processes, such as payables and receivables; identify real-time financial, operational, and management insights; enhance financial consolidation; reduce time-to-close; promote internal control and auditability; and achieve consistency across finance operations.