Krilogy Financial LLC Makes New $1.92 Million Investment in Workday, Inc. $WDAY

Krilogy Financial LLC bought a new stake in shares of Workday, Inc. (NASDAQ:WDAY) during the third quarter, HoldingsChannel reports. The institutional investor bought 8,254 shares of the software maker’s stock, valued at approximately $1,916,000.

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

Wall Street Analysts Forecast Growth

WDAY has been the subject of a number of recent analyst reports. Citigroup dropped their price objective on Workday from $261.00 to $247.00 and set a “neutral” rating for the company in a report on Wednesday, November 26th. The Goldman Sachs Group initiated coverage on Workday in a research report on Monday, January 12th. They set a “neutral” rating and a $238.00 target price for the company. TD Cowen reiterated a “buy” rating on shares of Workday in a research report on Wednesday, November 26th. Needham & Company LLC restated a “buy” rating and set a $300.00 price objective on shares of Workday in a report on Thursday, February 5th. Finally, BTIG Research lowered their target price on shares of Workday from $285.00 to $230.00 and set a “buy” rating for the company in a research note on Monday. Two analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and thirteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $269.06.

Insider Transactions at Workday

In other news, insider Robert Enslin sold 22,185 shares of the company’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $210.17, for a total transaction of $4,662,621.45. Following the completion of the transaction, the insider directly owned 106,330 shares of the company’s stock, valued at $22,347,376.10. This represents a 17.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Carl M. Eschenbach sold 3,125 shares of the stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $210.00, for a total value of $656,250.00. Following the transaction, the chief executive officer owned 17,097 shares of the company’s stock, valued at approximately $3,590,370. The trade was a 15.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 370,321 shares of company stock worth $78,866,401. Company insiders own 19.31% of the company’s stock.

Trending Headlines about Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Analysts arguing the AI-driven sell-off is overdone and institutions are accumulating WDAY, framing the pullback as a buying opportunity for long-term growth. AI Disruption Overblown! 4 Software Stocks to Buy on the Dip
• Positive Sentiment: Technical/valuation pieces argue WDAY is deeply oversold (down ~25% in weeks) and that exhaustion of selling plus analyst estimate stability supports a near-term bounce. Down 25-7 in 4 Weeks, Here’s Why You Should You Buy the Dip in Workday (WDAY)
• Positive Sentiment: Zacks highlights Workday’s growth characteristics and favorable style scores, suggesting multi‑quarter growth visibility that can support premium multiples if AI execution improves. Here’s Why Workday (WDAY) is a Strong Growth Stock
• Neutral Sentiment: Coverage weighing the company’s recent moves that aim to reshape its AI and growth narrative; useful context but mixed on near-term impact. How Recent Moves Are Rewriting The Growth And AI Story For Workday (WDAY)
• Neutral Sentiment: Articles asking whether the bear-market price is a bargain—balance of valuation appeal vs. execution/AI risk; signals investor debate rather than consensus. Workday stock is stuck in a bear market: Is it a bargain in plain sight?
• Negative Sentiment: Workday announced co‑founder Aneel Bhusri will return as CEO to accelerate an AI pivot—this leadership change spooked investors who wanted clearer execution plans, adding short-term uncertainty. Workday names co-founder Aneel Bhusri as CEO in AI-driven shift
• Negative Sentiment: Wall Street reaction has been negative—coverage notes the stock fell after the CEO return and questions whether leadership reset sufficiently addresses investor concerns about AI disruption and growth visibility. Workday Stock Falls. Wall Street Isn’t Taking Kindly to Co-Founder’s Return as CEO.
• Negative Sentiment: Opinion pieces question whether a CEO change can reverse a broader software tech sell-off tied to AI fears, underscoring headline risk and potential continued volatility. Can a New CEO Save Workday Stock from the Software Apocalypse?

Workday Price Performance

NASDAQ WDAY opened at $144.55 on Thursday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.83 and a current ratio of 1.83. The stock has a market cap of $38.02 billion, a price-to-earnings ratio of 60.74, a PEG ratio of 1.31 and a beta of 1.13. The business has a 50 day simple moving average of $198.99 and a 200 day simple moving average of $219.25. Workday, Inc. has a 52-week low of $142.72 and a 52-week high of $281.00.

Workday (NASDAQ:WDAY) last announced its quarterly earnings results on Tuesday, November 25th. The software maker reported $2.32 earnings per share for the quarter, beating analysts’ consensus estimates of $2.17 by $0.15. Workday had a net margin of 6.95% and a return on equity of 10.50%. The firm 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 posted $1.89 earnings per share. The business’s revenue was up 12.6% on a year-over-year basis. Analysts anticipate that Workday, Inc. will post 2.63 earnings per share for the current fiscal year.

Workday 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.