Workday (NASDAQ:WDAY) Major Shareholder Sells $14,262,025.00 in Stock

Workday, Inc. (NASDAQ:WDAY) major shareholder David Duffield sold 107,500 shares of the stock in a transaction on Friday, March 13th. The shares were sold at an average price of $132.67, for a total transaction of $14,262,025.00. Following the transaction, the insider directly owned 105,049 shares in the company, valued at approximately $13,936,850.83. This represents a 50.58% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Workday Trading Up 1.2%

Workday stock traded up $1.54 during mid-day trading on Tuesday, hitting $135.17. The company’s stock had a trading volume of 3,477,518 shares, compared to its average volume of 5,213,753. The business has a 50 day moving average price of $163.16 and a 200-day moving average price of $205.15. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.32 and a quick ratio of 1.32. Workday, Inc. has a 12 month low of $117.76 and a 12 month high of $276.00. The stock has a market cap of $34.74 billion, a price-to-earnings ratio of 52.39, a price-to-earnings-growth ratio of 1.29 and a beta of 1.17.

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

Workday News Roundup

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Workday launched “Sana” — a conversational AI platform and self‑service agent with 300+ prebuilt skills and integrations to Gmail, Outlook, Salesforce and SharePoint — positioning WDAY to monetize AI through workflow automation and cross‑system actions, which can deepen customer stickiness and create new revenue streams. Introducing Sana from Workday
• Positive Sentiment: Workday rolled out new AI agent control tools aimed at enterprises, signaling continued investment in agent management and governance — features that appeal to large customers worried about reliability and compliance of AI automation. Workday Rolls Out New AI Agent Control Tools For Enterprise Market
• Positive Sentiment: Workday won a sizable healthcare engagement with Fairview Health Services and formed a partnership with MRI Software to connect Workday data to facilities/property systems — moves that expand WDAY’s addressable market in healthcare and demonstrate cross‑domain use of its platform (HR, finance, supply chain, assets). Workday Targets Deeper Healthcare Role
• Neutral Sentiment: Analyst comparisons put Workday against larger players like IBM; some argue IBM’s cloud/AI moves and estimate momentum make it a preferable pick despite Workday’s faster growth — a reminder that relative valuation and execution will guide reallocations within enterprise software. WDAY vs. IBM
• Neutral Sentiment: Broader investor impatience with software CEOs (highlighted by recent high‑profile departures elsewhere) increases performance scrutiny for software leaders; Workday must show its AI strategy converts to durable revenue growth. Adobe’s CEO Departure Turns Up the Heat
• Negative Sentiment: Critical commentary argues AI agents could undermine Workday’s seat‑based licensing model (“AI agents don’t buy seats”), contributing to heavy YTD and 1‑year stock declines and fueling investor concern that product innovation could shorten monetization cycles. That macro question remains a key downside risk until WDAY proves new AI offerings drive comparable or new monetization paths. AI Agents Don’t Buy Seats

Wall Street Analysts Forecast Growth

WDAY has been the topic of several recent analyst reports. Macquarie Infrastructure restated a “buy” rating on shares of Workday in a report on Wednesday, November 26th. UBS Group cut their price target on shares of Workday from $170.00 to $130.00 and set a “neutral” rating on the stock in a report on Wednesday, February 25th. Royal Bank Of Canada lowered their price objective on shares of Workday from $220.00 to $180.00 and set an “outperform” rating for the company in a research note on Wednesday, February 25th. Cantor Fitzgerald reissued an “overweight” rating and issued a $200.00 target price on shares of Workday in a research note on Monday, February 23rd. Finally, JPMorgan Chase & Co. reduced their price target on Workday from $270.00 to $230.00 and set an “overweight” rating on the stock in a report on Tuesday, February 24th. Nineteen investment analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $199.71.

Hedge Funds Weigh In On Workday

A number of institutional investors have recently bought and sold shares of the stock. Auto Owners Insurance Co lifted its stake in shares of Workday by 25,412.8% in the 4th quarter. Auto Owners Insurance Co now owns 10,230,616 shares of the software maker’s stock valued at $2,197,332,000 after purchasing an additional 10,190,516 shares during the period. Vanguard Group Inc. grew its stake in Workday by 14.7% in the fourth quarter. Vanguard Group Inc. now owns 25,009,288 shares of the software maker’s stock worth $5,371,495,000 after purchasing an additional 3,210,232 shares during the period. Janus Henderson Group PLC raised its holdings in Workday by 101.4% in the fourth quarter. Janus Henderson Group PLC now owns 5,017,905 shares of the software maker’s stock worth $1,077,537,000 after purchasing an additional 2,525,821 shares in the last quarter. First Eagle Investment Management LLC bought a new position in Workday in the third quarter worth $556,252,000. Finally, Norges Bank purchased a new position in Workday during the fourth quarter valued at $448,804,000. 89.81% of the stock is owned by institutional investors.

About Workday

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.