ASR Vermogensbeheer N.V. Sells 107 Shares of Workday, Inc. $WDAY

ASR Vermogensbeheer N.V. trimmed its holdings in shares of Workday, Inc. (NASDAQ:WDAY) by 0.4% in the second quarter, HoldingsChannel reports. The institutional investor owned 28,253 shares of the software maker’s stock after selling 107 shares during the period. ASR Vermogensbeheer N.V.’s holdings in Workday were worth $6,780,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Nuveen LLC acquired a new position in Workday during the first quarter valued at approximately $456,341,000. T. Rowe Price Investment Management Inc. increased its position in shares of Workday by 47.5% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 3,764,598 shares of the software maker’s stock worth $879,147,000 after purchasing an additional 1,211,659 shares during the last quarter. Hotchkis & Wiley Capital Management LLC raised its stake in shares of Workday by 35.6% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 3,479,105 shares of the software maker’s stock worth $812,475,000 after purchasing an additional 913,613 shares in the last quarter. Generation Investment Management LLP boosted its holdings in shares of Workday by 36.6% in the 1st quarter. Generation Investment Management LLP now owns 2,903,767 shares of the software maker’s stock valued at $678,117,000 after buying an additional 778,301 shares during the last quarter. Finally, Parnassus Investments LLC boosted its holdings in shares of Workday by 22.4% in the 1st quarter. Parnassus Investments LLC now owns 2,996,429 shares of the software maker’s stock valued at $699,756,000 after buying an additional 548,694 shares during the last quarter. Institutional investors and hedge funds own 89.81% of the company’s stock.

Workday Price Performance

Shares of NASDAQ WDAY opened at $232.10 on Friday. The firm has a market cap of $61.97 billion, a P/E ratio of 107.45, a price-to-earnings-growth ratio of 2.90 and a beta of 1.10. The company has a current ratio of 2.10, a quick ratio of 2.10 and a debt-to-equity ratio of 0.33. Workday, Inc. has a 1-year low of $205.33 and a 1-year high of $294.00. The business’s 50 day moving average is $230.17 and its 200-day moving average is $237.59.

Workday (NASDAQ:WDAY) last released its quarterly earnings results on Thursday, August 21st. The software maker reported $2.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.09 by $0.12. Workday had a return on equity of 9.74% and a net margin of 6.51%.The business had revenue of $2.35 billion during the quarter, compared to the consensus estimate of $2.34 billion. During the same period in the previous year, the company posted $1.75 EPS. The firm’s quarterly revenue was up 12.6% on a year-over-year basis. Workday has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. Equities research analysts predict that Workday, Inc. will post 2.63 earnings per share for the current year.

Insider Buying and Selling at Workday

In other Workday news, major shareholder David A. Duffield sold 72,118 shares of Workday stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $241.57, for a total value of $17,421,545.26. Following the completion of the sale, the insider owned 102,997 shares in the company, valued at $24,880,985.29. The trade was a 41.18% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Mark S. Garfield sold 451 shares of the business’s stock in a transaction dated Thursday, July 10th. The shares were sold at an average price of $234.86, for a total transaction of $105,921.86. Following the completion of the sale, the chief accounting officer directly owned 42,977 shares of the company’s stock, valued at $10,093,578.22. This represents a 1.04% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 247,004 shares of company stock worth $57,511,876. Insiders own 19.31% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Sanford C. Bernstein restated an “outperform” rating and set a $304.00 target price on shares of Workday in a report on Friday, August 22nd. Citigroup decreased their price objective on shares of Workday from $279.00 to $260.00 and set a “neutral” rating for the company in a research report on Friday, August 22nd. Cowen reaffirmed a “buy” rating on shares of Workday in a report on Wednesday, September 17th. Wall Street Zen upgraded shares of Workday from a “hold” rating to a “buy” rating in a research note on Sunday, July 13th. Finally, Wells Fargo & Company reduced their price target on Workday from $325.00 to $300.00 and set an “overweight” rating for the company in a report on Monday, August 18th. Three analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $287.83.

Workday Company Profile

Workday, Inc provides enterprise cloud applications in the United States and internationally. Its applications help its customers to plan, execute, analyze, and extend to other applications and environments to manage their business and operations. The company offers a suite of financial management applications to maintain accounting information in the general ledger; manage financial processes, such as payables and receivables; identify real-time financial, operational, and management insights; enhance financial consolidation; reduce time-to-close; promote internal control and auditability; and achieve consistency across finance operations.