Rep. Gilbert Ray Cisneros, Jr. Sells Workday, Inc. (NASDAQ:WDAY) Stock

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Workday, Inc. (NASDAQ:WDAY). In a filing disclosed on June 08th, the Representative disclosed that they had sold between $15,001 and $50,000 in Workday stock on May 29th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of SoftBank Group (OTCMKTS:SFTBF) on 6/2/2026.
• Purchased $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 5/29/2026.
• Sold $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Independent Bank (NASDAQ:INDB) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Arcutis Biotherapeutics (NASDAQ:ARQT) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Perella Weinberg Partners (NASDAQ:PWP) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Cooper Companies (NASDAQ:COO) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Ligand Pharmaceuticals (NASDAQ:LGND) on 5/29/2026.

Workday Stock Down 1.9%

Workday stock traded down $2.69 during midday trading on Wednesday, hitting $137.54. 3,468,988 shares of the stock were exchanged, compared to its average volume of 5,164,230. Workday, Inc. has a 52-week low of $110.36 and a 52-week high of $256.42. The stock has a market capitalization of $33.97 billion, a price-to-earnings ratio of 42.98, a price-to-earnings-growth ratio of 1.52 and a beta of 1.09. The business’s 50-day moving average price is $127.88 and its 200-day moving average price is $161.45. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.30.

Workday (NASDAQ:WDAY) last released its quarterly earnings results on Thursday, May 21st. The software maker reported $2.66 earnings per share for the quarter, topping the consensus estimate of $2.51 by $0.15. Workday had a net margin of 8.60% and a return on equity of 14.75%. The business had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.52 billion. During the same period in the previous year, the company earned $2.23 earnings per share. The firm’s revenue for the quarter was up 13.5% compared to the same quarter last year. On average, research analysts expect that Workday, Inc. will post 5.41 EPS for the current fiscal year.

Trending Headlines about Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Workday is getting attention for its AI-driven push to modernize financial planning and reduce reliance on Excel, which could strengthen its appeal in finance departments and support long-term growth. Finance teams can’t quit Excel. Workday wants to change that with AI
• Positive Sentiment: Workday continues to expand its ecosystem, including a new AvidXchange integration and a new deployment partner, both of which reinforce platform stickiness and may help drive adoption. AvidXchange Completes Workday Integration Syssero Named Workday Deployment Partner
• Positive Sentiment: The company also said it is seeing momentum in Canada’s public sector as governments accelerate AI modernization, which adds another growth avenue for Workday’s HR and finance software. Workday Expands Public Sector Footprint in Canada as Government Accelerates AI Modernization
• Neutral Sentiment: Industry coverage highlighting Workday talent demand and HR innovation awards is supportive of the company’s brand, but it is not a direct financial catalyst. Why Companies Choose to Hire Workday Accounting Talent to Streamline Finance Operations First-Ever Pacesetter Awards Recognize HR Breakthrough Achievements On-Stage at Josh Bersin Company Irresistible 2026
• Negative Sentiment: Recent insider sales by major shareholder David Duffield are weighing on sentiment, even though the trades were filed under a pre-arranged 10b5-1 plan. Workday (NASDAQ:WDAY) Major Shareholder Sells $16,077,700.00 in Stock
• Negative Sentiment: Broader market commentary points to investors still digesting Workday’s post-earnings reset, mixed analyst ratings, and recent downgrade chatter, which can cap near-term upside. Workday slips 3.6% as investors weigh recent guidance, downgrades, and fresh insider-sale disclosures

Insider Buying and Selling

In other news, major shareholder David A. Duffield sold 107,500 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $149.56, for a total value of $16,077,700.00. Following the sale, the insider owned 105,049 shares of the company’s stock, valued at $15,711,128.44. The trade was a 50.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Gerrit S. Kazmaier sold 9,356 shares of the business’s stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $128.39, for a total transaction of $1,201,216.84. Following the completion of the sale, the insider directly owned 165,074 shares in the company, valued at approximately $21,193,850.86. This trade represents a 5.36% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 774,814 shares of company stock valued at $102,101,941. Corporate insiders own 18.64% of the company’s stock.

Analyst Upgrades and Downgrades

WDAY has been the topic of several analyst reports. Morgan Stanley cut their price target on shares of Workday from $280.00 to $200.00 and set an “equal weight” rating on the stock in a report on Monday, February 23rd. Oppenheimer restated an “outperform” rating and set a $165.00 price target on shares of Workday in a report on Friday, May 22nd. Bank of America initiated coverage on shares of Workday in a report on Wednesday, May 27th. They set a “neutral” rating and a $140.00 price target on the stock. Piper Sandler boosted their price target on shares of Workday from $135.00 to $145.00 and gave the stock a “neutral” rating in a report on Friday, May 22nd. Finally, Monness Crespi & Hardt upgraded shares of Workday to a “hold” rating in a research note on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Workday has a consensus rating of “Moderate Buy” and an average target price of $185.03.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Rakuten Securities Inc. purchased a new position in Workday in the second quarter valued at about $25,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Workday in the third quarter valued at approximately $26,000. JPL Wealth Management LLC bought a new stake in shares of Workday in the third quarter valued at approximately $30,000. DT Investment Partners LLC bought a new stake in shares of Workday in the fourth quarter valued at approximately $27,000. Finally, LRI Investments LLC bought a new stake in shares of Workday in the fourth quarter valued at approximately $29,000. 89.81% of the stock is currently owned by hedge funds and other institutional investors.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.