Oppenheimer & Co. Inc. Raises Holdings in Workday, Inc. $WDAY

Oppenheimer & Co. Inc. increased its stake in shares of Workday, Inc. (NASDAQ:WDAY) by 124.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,556 shares of the software maker’s stock after acquiring an additional 10,293 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Workday were worth $4,467,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Linden Thomas Advisory Services LLC grew its holdings in shares of Workday by 5.2% in the third quarter. Linden Thomas Advisory Services LLC now owns 9,316 shares of the software maker’s stock worth $2,243,000 after purchasing an additional 461 shares during the last quarter. Waterfront Wealth Inc. purchased a new stake in Workday during the 3rd quarter valued at $875,000. Quaker Wealth Management LLC grew its holdings in Workday by 10.4% in the 3rd quarter. Quaker Wealth Management LLC now owns 766 shares of the software maker’s stock worth $184,000 after acquiring an additional 72 shares during the last quarter. Azzad Asset Management Inc. ADV increased its position in shares of Workday by 39.4% in the third quarter. Azzad Asset Management Inc. ADV now owns 12,998 shares of the software maker’s stock valued at $3,129,000 after acquiring an additional 3,674 shares during the period. Finally, Smartleaf Asset Management LLC raised its stake in shares of Workday by 124.8% during the third quarter. Smartleaf Asset Management LLC now owns 1,875 shares of the software maker’s stock valued at $464,000 after acquiring an additional 1,041 shares during the last quarter. Institutional investors own 89.81% of the company’s stock.

Workday Stock Performance

Shares of WDAY opened at $144.55 on Thursday. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 0.34. The stock has a market cap of $38.02 billion, a P/E ratio of 60.74, a P/E/G ratio of 1.31 and a beta of 1.13. The business’s 50 day moving average price is $198.99 and its 200-day moving average price is $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 data on Tuesday, November 25th. The software maker reported $2.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.17 by $0.15. Workday had a return on equity of 10.50% and a net margin of 6.95%.The business had revenue of $2.43 billion during the quarter, compared to analysts’ expectations of $2.42 billion. During the same quarter in the previous year, the business earned $1.89 earnings per share. The firm’s quarterly revenue was up 12.6% compared to the same quarter last year. Equities research analysts anticipate that Workday, Inc. will post 2.63 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Zacks Research downgraded Workday from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 30th. Sanford C. Bernstein dropped their price target on Workday from $304.00 to $298.00 and set an “outperform” rating for the company in a research note on Wednesday, November 26th. Cantor Fitzgerald reissued an “overweight” rating on shares of Workday in a research report on Wednesday, November 26th. JPMorgan Chase & Co. dropped their target price on shares of Workday from $290.00 to $270.00 and set an “overweight” rating for the company in a research report on Wednesday, November 26th. Finally, Barclays cut their price objective on Workday from $280.00 to $275.00 and set an “overweight” rating on the stock in a research report on Monday, January 12th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and thirteen have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $269.06.

More Workday News

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?

Insider Transactions at Workday

In other news, CEO Carl M. Eschenbach sold 3,125 shares of the business’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $210.00, for a total value of $656,250.00. Following the completion of the transaction, the chief executive officer owned 17,097 shares in the company, valued at $3,590,370. The trade was a 15.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Gerrit S. Kazmaier sold 6,547 shares of the company’s stock in a transaction on 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 transaction, the insider directly owned 111,353 shares in the company, valued at approximately $24,360,695.81. The trade was a 5.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 370,321 shares of company stock worth $78,866,401 over the last quarter. Corporate insiders own 19.31% of the company’s stock.

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.