Yarbrough Capital LLC Sells 13,672 Shares of Workday, Inc. $WDAY

Yarbrough Capital LLC lessened its holdings in shares of Workday, Inc. (NASDAQ:WDAY) by 59.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,508 shares of the software maker’s stock after selling 13,672 shares during the quarter. Yarbrough Capital LLC’s holdings in Workday were worth $2,042,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Vanguard Group Inc. increased its position in 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 buying an additional 684,872 shares in the last quarter. State Street Corp lifted its position in shares of Workday by 0.8% during the 3rd quarter. State Street Corp now owns 9,674,568 shares of the software maker’s stock valued at $2,328,959,000 after buying an additional 74,052 shares in the last quarter. Hotchkis & Wiley Capital Management LLC lifted its position in shares of Workday by 47.5% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 5,842,491 shares of the software maker’s stock valued at $1,406,463,000 after buying an additional 1,882,391 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Workday by 41.5% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,761,599 shares of the software maker’s stock valued at $905,530,000 after acquiring an additional 1,103,421 shares during the period. Finally, Parnassus Investments LLC increased its holdings 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 in the last quarter. 89.81% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, major shareholder David A. Duffield sold 107,500 shares of the business’s 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 completion of the transaction, the insider owned 105,049 shares in the company, valued at approximately $13,936,850.83. The trade was a 50.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Robert Enslin sold 22,185 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $210.17, for a total value of $4,662,621.45. Following the transaction, the insider owned 106,330 shares in the company, valued at $22,347,376.10. This represents a 17.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 765,036 shares of company stock valued at $113,952,492. Corporate insiders own 20.00% of the company’s stock.

Wall Street Analyst Weigh In

WDAY has been the topic of several analyst reports. Wells Fargo & Company lowered their price target on shares of Workday from $255.00 to $180.00 and set an “overweight” rating on the stock in a report on Wednesday, February 25th. Raymond James Financial reaffirmed a “market perform” rating on shares of Workday in a research note on Monday, February 9th. Cantor Fitzgerald reissued an “overweight” rating and issued a $200.00 price objective on shares of Workday in a research report on Monday, February 23rd. Stifel Nicolaus set a $175.00 price objective on Workday in a research note on Monday, February 9th. Finally, BMO Capital Markets cut their price target on Workday from $204.00 to $182.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 25th. Nineteen analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $199.71.

Workday Stock Performance

Workday stock opened at $124.18 on Monday. The stock has a 50-day moving average price of $150.42 and a 200 day moving average price of $198.86. The company has a market capitalization of $31.91 billion, a price-to-earnings ratio of 48.13, a price-to-earnings-growth ratio of 1.21 and a beta of 1.17. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.38. Workday, Inc. has a 52 week low of $117.76 and a 52 week high of $276.00.

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

Key Stories Impacting Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Analysts remain broadly bullish on Workday, citing strong AI momentum and placement on lists of undervalued cloud names; roughly 60% of analysts keep bullish ratings and the consensus price target (~$180) implies meaningful upside versus current levels. This underpins a constructive medium‑term thesis if AI adoption accelerates. Analysts Remain Confident in Workday (WDAY)’s Outlook Amid Strong AI Momentum
• Neutral Sentiment: Workday set its 2026 annual stockholder meeting for June 16 (virtual) — a routine corporate governance event that gives investors a forum for Q&A but is unlikely to move the stock by itself. Workday Announces Date of Annual Stockholder Meeting on June 16, 2026
• Neutral Sentiment: Street narrative is shifting: firms note increased AI investment but trim near‑term growth/margin forecasts, producing modest fair‑value resets (e.g., ~$184→$181 range). Investors are debating how much to value AI investments versus near‑term earnings trade‑offs. How The Workday (WDAY) Story Is Shifting Toward AI Investment And Slower Growth Expectations
• Negative Sentiment: At least one published price target was cut substantially (reported ~22.8% cut to $186.30), signaling analysts are lowering near‑term expectations and putting downward pressure on sentiment and multiple. Workday (WDAY) price target decreased by 22.83% to 186.30
• Negative Sentiment: Major shareholder David A. Duffield sold 107,500 shares (a reported ~50% reduction in his disclosed holdings), a large insider sale that can spook investors and suggest near‑term liquidity taking by insiders. SEC Form 4: Duffield sale
• Negative Sentiment: Coverage pieces highlight a prolonged share‑price slide (~40–48% over the past year in some pieces) and ongoing valuation reassessment; that backdrop increases sensitivity to any bearish data (cuts, insider sales, slower guidance). Is Workday (WDAY) Now Offering Value After A 48% One-Year Share Price Slide?

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.