Legal & General Group Plc Grows Holdings in Workday, Inc. $WDAY

Legal & General Group Plc lifted its position in shares of Workday, Inc. (NASDAQ:WDAY) by 1.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,525,633 shares of the software maker’s stock after buying an additional 21,394 shares during the quarter. Legal & General Group Plc’s holdings in Workday were worth $367,266,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Rakuten Securities Inc. purchased a new position in shares of Workday during the second quarter valued at approximately $25,000. Berbice Capital Management LLC grew its stake in Workday by 136.4% in the 2nd quarter. Berbice Capital Management LLC now owns 130 shares of the software maker’s stock worth $31,000 after acquiring an additional 75 shares during the period. Root Financial Partners LLC purchased a new stake in Workday in the 3rd quarter worth approximately $40,000. Twin Peaks Wealth Advisors LLC acquired a new position in Workday in the 2nd quarter valued at $41,000. Finally, Geneos Wealth Management Inc. raised its holdings in Workday by 211.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 187 shares of the software maker’s stock valued at $44,000 after acquiring an additional 127 shares during the last quarter. Institutional investors and hedge funds own 89.81% of the company’s stock.

Workday Trading Down 3.3%

Shares of WDAY opened at $137.84 on Thursday. Workday, Inc. has a twelve month low of $117.76 and a twelve month high of $276.00. The firm has a market capitalization of $36.25 billion, a P/E ratio of 53.43, a price-to-earnings-growth ratio of 1.38 and a beta of 1.16. The company has a current ratio of 1.32, a quick ratio of 1.83 and a debt-to-equity ratio of 0.38. The stock’s fifty day simple moving average is $167.73 and its 200 day simple moving average is $207.24.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Royal Bank Of Canada decreased their price objective on Workday from $220.00 to $180.00 and set an “outperform” rating on the stock in a report on Wednesday, February 25th. Robert W. Baird set a $195.00 target price on Workday in a research report on Tuesday, February 24th. Stifel Nicolaus set a $175.00 price target on Workday in a research note on Monday, February 9th. Oppenheimer lowered their price target on Workday from $200.00 to $165.00 and set an “outperform” rating for the company in a report on Wednesday, February 25th. Finally, UBS Group dropped their price objective on shares of Workday from $170.00 to $130.00 and set a “neutral” rating for the company in a research note on Wednesday, February 25th. Twenty investment analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $205.19.

Workday News Summary

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Workday named Lyra Health its preferred mental‑health partner for Workday Wellness — deepens the company’s employee‑wellness offering, increases stickiness for HCM customers and supports cross‑sell opportunities. Lyra Health Joins Workday Wellness Program
• Positive Sentiment: Workday and Insperity launched Insperity HRScale for SMBs — expands Workday’s route into small and midsize businesses, which can help diversify growth beyond large enterprise deals. Workday Expands HCM Reach With Lyra Partnership And Insperity HRScale Launch
• Positive Sentiment: Workday services partner Kognitiv teamed with Syndio to support EU pay‑transparency compliance — strengthens Workday’s partner ecosystem and compliance‑adjacent capabilities that customers may pay to adopt. Kognitiv and Syndio Partner to Support EU Pay Transparency Directive Compliance
• Neutral Sentiment: Persona launched a Candidate Verification product integrated with Workday — a functional integration that reduces hiring fraud and improves HR workflow, but likely limited near‑term revenue impact. Persona Launches Candidate Verification
• Neutral Sentiment: A Seeking Alpha piece highlights Workday’s poor perception among job seekers — reputational noise that could complicate talent acquisition but is not an immediate revenue driver for enterprise customers. Workday: Hated By Job Seekers, Impossible To Leave For Everyone Else
• Negative Sentiment: Valuation and expectations have been reset after Q4: an updated valuation model and several analysts cut fair value/targets (example: fair value estimate lowered ~20% in one note), citing softer subscription guidance, CEO/target changes and heavier near‑term AI investment — the main driver of today’s downside pressure. How Workday (WDAY) Story Is Shifting As AI Spend Rises And Growth Expectations Reset
• Negative Sentiment: Broader post‑earnings fallout: several analyst downgrades/price‑target cuts and increased short interest (February short interest rose ~20% vs. mid‑February) reflect concern about deal timing, softer FY27 subscription revenue and higher planned spending; insider selling by major shareholder David Duffield adds to near‑term sentiment pressure. Workday slides as post-earnings guidance concerns and analyst downgrades weigh on shares David Duffield Sells 107,500 Shares of Workday

Insider Buying and Selling at Workday

In related news, CAO Mark S. Garfield sold 953 shares of the firm’s stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $209.56, for a total value of $199,710.68. Following the transaction, the chief accounting officer owned 35,336 shares in the company, valued at approximately $7,405,012.16. This trade represents a 2.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Zane Rowe sold 6,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $208.75, for a total transaction of $1,252,500.00. Following the sale, the chief financial officer owned 159,158 shares of the company’s stock, valued at approximately $33,224,232.50. This represents a 3.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 503,296 shares of company stock worth $91,729,216. Company insiders own 19.31% of the company’s stock.

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.