Rathbones Group PLC Trims Stake in Workday, Inc. $WDAY

Rathbones Group PLC reduced its position in shares of Workday, Inc. (NASDAQ:WDAY) by 41.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,010 shares of the software maker’s stock after selling 10,418 shares during the quarter. Rathbones Group PLC’s holdings in Workday were worth $3,224,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. First Eagle Investment Management LLC purchased a new position in shares of Workday in the 3rd quarter valued at $556,252,000. PKO Investment Management Joint Stock Co purchased a new position in shares of Workday in the 3rd quarter valued at $1,805,000. Phoenix Financial Ltd. purchased a new position in shares of Workday in the 3rd quarter valued at $2,000,000. Rakuten Investment Management Inc. purchased a new position in shares of Workday in the 3rd quarter valued at $124,718,000. Finally, EULAV Asset Management increased its holdings in shares of Workday by 69.4% in the 3rd quarter. EULAV Asset Management now owns 61,000 shares of the software maker’s stock valued at $14,685,000 after acquiring an additional 25,000 shares during the period. 89.81% of the stock is currently owned by hedge funds and other institutional investors.

Workday Stock Down 1.7%

Shares of WDAY stock opened at $127.51 on Wednesday. Workday, Inc. has a 1-year low of $117.76 and a 1-year high of $276.00. The stock’s fifty day moving average price is $142.40 and its 200 day moving average price is $194.04. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.32 and a quick ratio of 1.32. The company has a market cap of $32.77 billion, a price-to-earnings ratio of 49.42, a price-to-earnings-growth ratio of 1.28 and a beta of 1.14.

Workday (NASDAQ:WDAY) last announced its earnings results on Tuesday, February 24th. The software maker reported $2.47 earnings per share 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 period in the previous year, the business earned $1.92 EPS. The firm’s revenue for the quarter was up 14.5% on a year-over-year basis. On average, research analysts expect that Workday, Inc. will post 2.63 earnings per share for the current fiscal year.

Workday News Roundup

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Workday was named a Leader in the 2026 Gartner Magic Quadrant for Higher Education Student Information Systems — a product endorsement that supports long‑term adoption at colleges and universities and underpins recurring revenue growth. Workday Named a Leader in 2026 Gartner® Magic Quadrant™ for Higher Education Student Information Systems
• Positive Sentiment: UST acquired Intecrowd, an award‑winning Workday partner that specializes in deployments and lifecycle support — consolidation among partners can expand implementation capacity and channel reach for Workday. UST Acquires Award‑Winning Workday Partner Intecrowd
• Neutral Sentiment: Market recaps note WDAY’s recent price pullback (mid‑$120s) versus broader market gains; these stories summarize price action but add little new company‑specific information. Workday (WDAY) Stock Sinks As Market Gains: Here’s Why
• Negative Sentiment: Major shareholder David A. Duffield sold 107,500 shares (~$13.9M) under a pre‑arranged Rule 10b5‑1 plan, lowering his holding by ~50% — the size of the sale is notable and can pressure sentiment despite being pre‑planned. SEC filing: Duffield Form 4
• Negative Sentiment: Several insiders (CFO Zane Rowe, Robert Enslin, Gerrit Kazmaier) sold modest blocks of shares — reported as 10b5‑1 trades or sales to cover tax withholding on vested awards. These are typically less alarming but add to near‑term selling supply. Rowe Form 4 Enslin Form 4 Kazmaier Form 4
• Negative Sentiment: Media commentary (e.g., Jim Cramer) flagged Workday as a relative laggard in the Nasdaq 100 and advised caution — negative headlines from high‑profile commentators can amplify selling pressure even if they are opinion‑based. Jim Cramer on Workday

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on WDAY. Piper Sandler cut their price target on Workday from $200.00 to $135.00 and set a “neutral” rating on the stock in a report on Wednesday, February 25th. Stifel Nicolaus set a $175.00 price target on Workday in a report on Monday, February 9th. TD Cowen downgraded Workday from a “buy” rating to a “hold” rating and set a $155.00 price target on the stock. in a report on Wednesday, February 25th. Weiss Ratings downgraded Workday from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, March 20th. Finally, Oppenheimer cut their price target on Workday from $200.00 to $165.00 and set an “outperform” rating on the stock in a report on Wednesday, February 25th. Nineteen equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $199.71.

Insider Buying and Selling at Workday

In related news, major shareholder David A. Duffield sold 107,500 shares of the business’s stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of $129.76, for a total transaction of $13,949,200.00. Following the transaction, the insider directly owned 105,049 shares in the company, valued at $13,631,158.24. The trade was a 50.58% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 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 on Tuesday, April 7th. The stock was sold at an average price of $128.39, for a total value of $1,201,216.84. Following the transaction, the insider owned 165,074 shares in the company, valued at approximately $21,193,850.86. This trade represents a 5.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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 90 days, insiders have sold 964,566 shares of company stock worth $136,906,261. 20.00% of the stock is owned by company insiders.

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.