Rathbones Group PLC Sells 10,418 Shares of Workday, Inc. $WDAY

Rathbones Group PLC trimmed its holdings in Workday, Inc. (NASDAQ:WDAY) by 41.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor 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 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Rakuten Securities Inc. bought a new stake in Workday during the 2nd quarter worth about $25,000. Measured Wealth Private Client Group LLC bought a new stake in Workday during the 3rd quarter worth about $26,000. JPL Wealth Management LLC bought a new stake in Workday during the 3rd quarter worth about $30,000. LRI Investments LLC bought a new stake in Workday during the 4th quarter worth about $29,000. Finally, eCIO Inc. bought a new stake in Workday during the 4th quarter worth about $36,000. 89.81% of the stock is owned by institutional investors.

Workday Price Performance

Workday stock opened at $128.14 on Friday. The firm has a market capitalization of $32.93 billion, a P/E ratio of 40.04, a PEG ratio of 1.18 and a beta of 1.04. Workday, Inc. has a 1 year low of $110.36 and a 1 year high of $257.09. The business has a 50-day moving average of $125.91 and a 200-day moving average of $169.28. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.38.

Workday (NASDAQ:WDAY) last posted its earnings results on Thursday, May 21st. The software maker reported $2.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.51 by $0.15. The company had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.52 billion. Workday had a return on equity of 13.92% and a net margin of 8.60%.The company’s revenue for the quarter was up 13.5% compared to the same quarter last year. During the same period in the previous year, the company earned $2.23 EPS. On average, equities analysts anticipate that Workday, Inc. will post 5.11 EPS for the current year.

Key Workday News

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Workday posted Q1 adjusted EPS of $2.66 versus estimates of $2.49, while revenue rose 13.5% year over year to $2.54 billion, topping forecasts. Workday Announces Fiscal 2027 First Quarter Financial Results
• Positive Sentiment: Management raised its full-year non-GAAP operating margin guidance to 30.5%, signaling stronger profitability and helping fuel the stock’s rebound. Workday pops as Q1 results guidance top estimates
• Positive Sentiment: Analysts highlighted growing AI monetization, noting that Workday’s AI features and agentic roadmap are starting to show up in contract value and customer adoption. Workday’s AI Momentum Continues as Solid Q1 Results Posted, RBC Says
• Positive Sentiment: Several Wall Street firms responded with constructive commentary and price-target updates after the beat, reinforcing sentiment that the quarter was solid and the setup remains favorable. These Analysts Revise Their Forecasts On Workday Following Q1 Results
• Neutral Sentiment: Some analysts remain cautious, calling the post-earnings move more of a relief rally and noting that the stock is still expensive relative to fundamentals. WDAY Stock’s Gains Following Q1 Beat Fails to Unite Wall Street – This Analyst Believes Post-Earnings Rise Feels More Like Relief Rally
• Negative Sentiment: Citi and other firms trimmed price targets, reflecting lingering concerns about valuation and execution even after the strong quarter. Workday Rallies On ‘Low Bar’ Beat As AI Starts To Show Up In Contract Value

Insider Activity

In other news, insider Gerrit S. Kazmaier sold 9,356 shares of the business’s stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $128.39, for a total transaction of $1,201,216.84. Following the completion of the transaction, the insider directly owned 165,074 shares in the company, valued at approximately $21,193,850.86. The trade was a 5.36% 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. Also, major shareholder David A. Duffield sold 107,500 shares of the business’s stock in a transaction that occurred on Tuesday, March 31st. The shares were sold at an average price of $129.76, for a total value of $13,949,200.00. Following the completion of the transaction, the insider owned 105,049 shares of the company’s stock, valued at $13,631,158.24. This represents a 50.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 989,814 shares of company stock valued at $131,576,291 over the last 90 days. Corporate insiders own 18.64% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on WDAY shares. Evercore cut Workday from an “outperform” rating to an “in-line” rating and set a $160.00 price objective for the company. in a report on Wednesday, February 25th. KeyCorp boosted their price objective on Workday from $155.00 to $158.00 and gave the stock an “overweight” rating in a report on Friday. Oppenheimer reissued an “outperform” rating and set a $165.00 price objective on shares of Workday in a report on Friday. Citizens Jmp cut Workday from an “outperform” rating to a “market perform” rating in a report on Wednesday, February 18th. Finally, William Blair raised Workday to a “strong-buy” rating in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Workday currently has an average rating of “Moderate Buy” and an average price target of $189.48.

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.