Vestmark Advisory Solutions Inc. Sells 5,327 Shares of Workday, Inc. $WDAY

Vestmark Advisory Solutions Inc. reduced its stake in Workday, Inc. (NASDAQ:WDAY) by 62.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,266 shares of the software maker’s stock after selling 5,327 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Workday were worth $786,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. increased its holdings in shares of Workday by 3.2% in the third quarter. Vanguard Group Inc. now owns 21,799,056 shares of the software maker’s stock worth $5,247,687,000 after purchasing an additional 684,872 shares during the last quarter. State Street Corp boosted its stake in Workday by 3.3% during 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 buying an additional 303,713 shares during the last quarter. Geode Capital Management LLC grew its holdings in 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 buying an additional 140,042 shares in the last quarter. Parnassus Investments LLC increased its stake in Workday by 13.1% in the 3rd 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 last quarter. Finally, Invesco Ltd. increased its stake in 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 acquiring an additional 205,403 shares during the last quarter. Hedge funds and other institutional investors own 89.81% of the company’s stock.

Workday Price Performance

Shares of WDAY stock opened at $139.11 on Friday. The stock has a 50 day moving average price of $181.23 and a 200 day moving average price of $212.44. Workday, Inc. has a 52-week low of $117.76 and a 52-week high of $276.00. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.83 and a current ratio of 1.32. The firm has a market capitalization of $36.59 billion, a P/E ratio of 53.92, a P/E/G ratio of 1.14 and a beta of 1.13.

Workday (NASDAQ:WDAY) last released its earnings results on Tuesday, February 24th. The software maker reported $2.47 earnings per share for the quarter, topping 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 business had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.52 billion. During the same quarter last year, the firm posted $1.92 earnings per share. The business’s revenue was up 14.5% compared to the same quarter last year. As a group, sell-side analysts predict that Workday, Inc. will post 2.63 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Richard Harry Sauer sold 1,130 shares of the firm’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $210.00, for a total transaction of $237,300.00. Following the transaction, the insider directly owned 85,398 shares of the company’s stock, valued at approximately $17,933,580. This trade represents a 1.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, major shareholder David A. Duffield sold 82,884 shares of the business’s stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $209.75, for a total value of $17,384,919.00. Following the completion of the sale, the insider owned 105,049 shares of the company’s stock, valued at $22,034,027.75. The trade was a 44.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 370,321 shares of company stock worth $78,866,401 over the last 90 days. Corporate 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: Workday expanded its addressable market by launching Insperity HRScale to sell Workday HCM paired with Insperity’s outsourced HR services to small and midsized businesses — a clear growth lever outside its large‑enterprise base. Workday And Insperity Target SMB Growth With New HRScale Partnership
• Positive Sentiment: Some bullish commentaries argue the pullback creates a buying opportunity — investors pointing to strong Q4 revenue/earnings beats, improving margins and buyback/institutional support as potential catalysts for a rebound. Workday, Seriously, It’s Time to Buy This SaaS Leader
• Neutral Sentiment: Leadership change: co‑founder/executive chairman Aneel Bhusri is returning to a more active role — this reduces execution risk long term but creates near‑term uncertainty as management navigates the revised guidance and AI strategy. Workday Retreats As Fiscal 2027 Guidance Falls Short Amid CEO’s Return
• Negative Sentiment: Analysts are cutting targets and ratings en masse after the softer FY27 subscription/revenue outlook — BMO lowered its price target to $182. BMO Capital Markets Lowers Workday (NASDAQ:WDAY) Price Target to $182.00
• Negative Sentiment: Additional downgrades: TD Cowen cut its rating to Hold and Evercore moved WDAY to In‑Line — these sell‑side actions amplify selling pressure and reduce near‑term demand. Workday (NASDAQ:WDAY) Stock Rating Lowered by TD Cowen Workday (NASDAQ:WDAY) Rating Lowered to “In-Line” at Evercore
• Negative Sentiment: Large price‑target cuts from multiple firms (Citigroup to $148, UBS/Piper/DA Davidson and others lowered targets) reflect lower near‑term expectations and are pressuring the stock. Citigroup price target cut coverage
• Negative Sentiment: Fundamental concern: despite the Q4 beat, Workday issued softer FY27 guidance and said some large deals are taking longer to close; investors are also wrestling with AI disruption narratives. That combination is driving elevated short interest and the current selloff. Workday (WDAY) Is Down After Softer Outlook and CEO Comments

Analyst Ratings Changes

Several equities research analysts recently weighed in on WDAY shares. Cantor Fitzgerald restated an “overweight” rating and issued a $200.00 price target on shares of Workday in a research report on Monday. The Goldman Sachs Group dropped their price objective on shares of Workday from $238.00 to $206.00 and set a “neutral” rating for the company in a research note on Wednesday. Macquarie Infrastructure restated a “buy” rating on shares of Workday in a research report on Wednesday, November 26th. BTIG Research dropped their price target on Workday from $230.00 to $175.00 and set a “buy” rating for the company in a research report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on Workday from $265.00 to $190.00 and set a “buy” rating on the stock in a research note on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and fifteen have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $205.19.

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.