Insider Selling: Workday (NASDAQ:WDAY) Insider Sells $1,004,938.00 in Stock

Workday, Inc. (NASDAQ:WDAY) insider Robert Enslin sold 5,374 shares of the business’s stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $187.00, for a total transaction of $1,004,938.00. Following the transaction, the insider owned 226,233 shares of the company’s stock, valued at approximately $42,305,571. This trade represents a 2.32% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 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.

Workday Price Performance

Shares of WDAY opened at $186.59 on Friday. The company has a market cap of $44.97 billion, a price-to-earnings ratio of 37.85, a price-to-earnings-growth ratio of 1.88 and a beta of 1.07. Workday, Inc. has a twelve month low of $110.36 and a twelve month high of $247.40. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.31. The company has a 50 day moving average of $189.91 and a two-hundred day moving average of $151.53.

Workday (NASDAQ:WDAY) last announced its earnings results on Thursday, August 27th. The software maker reported $2.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.61 by $0.14. The company had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.64 billion. Workday had a return on equity of 20.95% and a net margin of 12.32%. The firm’s quarterly revenue was up 12.8% compared to the same quarter last year. During the same period in the prior year, the company posted $2.21 EPS. As a group, analysts predict that Workday, Inc. will post 5.33 earnings per share for the current fiscal year.

Workday News Summary

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Workday broadened cash-cycle automation for finance customers and expanded access to credit-related capabilities, supporting the company’s effort to increase the value of its finance platform and deepen customer relationships. Workday broadens cash-cycle automation Workday extends credit access
• Positive Sentiment: Workday was named a Market Shaper in Gartner’s 2026 emerging-market quadrant for AI agents in human resources. The recognition may strengthen confidence in its AI strategy, which the company says is generating meaningful revenue. Workday Gartner AI agents recognition
• Neutral Sentiment: Some coverage argues WDAY is undervalued, with one report suggesting the stock remains substantially below estimated fair value. However, these valuation views have not offset concerns about execution and growth. Workday valuation analysis
• Negative Sentiment: Workday reportedly reduced its 2028 revenue-growth target as subscription momentum slows. Jefferies maintained a Hold rating and a $210 price target, citing the need for subscription growth to exceed 11% and noting that Workday’s projected Rule of 43 trails many large software peers. Workday cuts 2028 growth target
• Negative Sentiment: Reports highlight widening competition from SAP and Oracle, AI-related execution risks and the departure of three senior leaders. These issues raise questions about Workday’s ability to reaccelerate growth despite approximately $600 million in AI revenue. Workday AI and leadership challenges
• Negative Sentiment: Insiders, including CFO Zane Rowe, Gerrit Kazmaier, Robert Enslin and founder David Duffield, disclosed stock sales. Several were pre-arranged transactions for tax withholding, but Duffield’s roughly 99,228-share sale may still weigh on sentiment. A shareholder investigation announced by Kaskela Law adds another near-term overhang, although the notice does not establish wrongdoing. Workday shareholder investigation

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Barclays lifted their target price on Workday from $200.00 to $224.00 and gave the stock an “overweight” rating in a report on Friday, August 28th. Weiss Ratings raised shares of Workday from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, September 18th. Guggenheim restated a “buy” rating and set a $275.00 price objective on shares of Workday in a research note on Friday, August 21st. Cantor Fitzgerald reiterated an “overweight” rating on shares of Workday in a research note on Wednesday, September 30th. Finally, Stifel Nicolaus raised their target price on shares of Workday from $115.00 to $160.00 and gave the stock a “hold” rating in a report on Friday, August 28th. Twenty equities research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Workday presently has a consensus rating of “Hold” and a consensus target price of $205.55.

Institutional Trading of Workday

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Auto Owners Insurance Co lifted its position in shares of Workday by 25,412.8% during 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 buying an additional 10,190,516 shares in the last quarter. Janus Henderson Group PLC increased its holdings in Workday by 101.4% in the 4th quarter. Janus Henderson Group PLC now owns 5,017,905 shares of the software maker’s stock worth $1,077,537,000 after acquiring an additional 2,525,821 shares in the last quarter. Pictet Asset Management Holding SA raised its position in Workday by 8.7% during the first quarter. Pictet Asset Management Holding SA now owns 2,803,568 shares of the software maker’s stock worth $364,217,000 after acquiring an additional 223,493 shares during the period. Brown Advisory Inc. lifted its holdings in Workday by 39.7% during the fourth quarter. Brown Advisory Inc. now owns 1,709,736 shares of the software maker’s stock valued at $367,217,000 after purchasing an additional 486,008 shares in the last quarter. Finally, Van ECK Associates Corp lifted its holdings in Workday by 10.2% during the fourth quarter. Van ECK Associates Corp now owns 1,559,835 shares of the software maker’s stock valued at $335,021,000 after purchasing an additional 144,833 shares in the last quarter. 89.81% of the stock is currently owned by hedge funds and other institutional investors.

Workday Company Profile

Workday, Inc develops cloud-based enterprise software for managing an organization’s people, finances and operations. Its platform is primarily used by businesses, government agencies and educational institutions to support human resources, finance, planning, analytics and related administrative processes.

The company’s offerings include Workday Human Capital Management, Financial Management, Adaptive Planning, Spend Management, payroll, recruiting, talent management, learning and workforce analytics.