Workday, Inc. $WDAY Shares Sold by Whittier Trust Co.

Whittier Trust Co. lessened its holdings in shares of Workday, Inc. (NASDAQ:WDAY) by 17.7% during the 2nd quarter, Holdings Channel.com reports. The fund owned 1,320 shares of the software maker’s stock after selling 284 shares during the period. Whittier Trust Co.’s holdings in Workday were worth $317,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. DekaBank Deutsche Girozentrale raised its position in shares of Workday by 24.3% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 126,363 shares of the software maker’s stock worth $30,172,000 after acquiring an additional 24,723 shares in the last quarter. Lyell Wealth Management LP raised its position in shares of Workday by 1.0% during the 2nd quarter. Lyell Wealth Management LP now owns 94,187 shares of the software maker’s stock worth $22,605,000 after acquiring an additional 940 shares in the last quarter. Chicago Partners Investment Group LLC raised its position in shares of Workday by 57.8% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 2,443 shares of the software maker’s stock worth $589,000 after acquiring an additional 895 shares in the last quarter. Otter Creek Advisors LLC acquired a new stake in shares of Workday during the 2nd quarter worth about $3,652,000. Finally, Chevy Chase Trust Holdings LLC raised its position in shares of Workday by 2.1% during the 2nd quarter. Chevy Chase Trust Holdings LLC now owns 114,953 shares of the software maker’s stock worth $27,589,000 after acquiring an additional 2,382 shares in the last quarter. Institutional investors and hedge funds own 89.81% of the company’s stock.

Workday Trading Up 0.2%

Shares of WDAY stock opened at $243.28 on Friday. The business’s 50 day moving average is $233.30 and its two-hundred day moving average is $237.28. Workday, Inc. has a twelve month low of $205.33 and a twelve month high of $294.00. The company has a market capitalization of $64.96 billion, a P/E ratio of 112.63, a price-to-earnings-growth ratio of 3.03 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 (NASDAQ:WDAY) last announced its earnings results on Thursday, August 21st. The software maker reported $2.21 earnings per share 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 company had revenue of $2.35 billion for the quarter, compared to the consensus estimate of $2.34 billion. During the same period last year, the business posted $1.75 EPS. The company’s 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 analysts forecast that Workday, Inc. will post 2.63 EPS for the current year.

Insider Buying and Selling

In other Workday news, insider Richard Harry Sauer sold 2,320 shares of Workday stock in a transaction that occurred on Tuesday, October 7th. The stock was sold at an average price of $235.87, for a total value of $547,218.40. Following the transaction, the insider directly owned 90,077 shares in the company, valued at approximately $21,246,461.99. This trade represents a 2.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Zane Rowe sold 6,000 shares of Workday stock in a transaction that occurred on Tuesday, October 7th. The shares were sold at an average price of $232.62, for a total value of $1,395,720.00. Following the completion of the transaction, the chief financial officer owned 168,468 shares in the company, valued at $39,189,026.16. This trade represents a 3.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 264,933 shares of company stock worth $61,475,760. 19.31% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on WDAY. Wells Fargo & Company cut their target price on Workday from $325.00 to $300.00 and set an “overweight” rating on the stock in a research report on Monday, August 18th. KeyCorp dropped their price target on Workday from $325.00 to $285.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. Deutsche Bank Aktiengesellschaft dropped their price target on Workday from $330.00 to $280.00 and set a “buy” rating on the stock in a research note on Friday, August 22nd. Canaccord Genuity Group dropped their price target on Workday from $330.00 to $275.00 and set a “buy” rating on the stock in a research note on Friday, August 22nd. Finally, DA Davidson raised their price target on Workday from $225.00 to $260.00 and gave the stock a “neutral” rating in a research note on Friday, September 19th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $287.83.

Workday 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.