180 Wealth Advisors LLC boosted its stake in Workday, Inc. (NASDAQ:WDAY – Free Report) by 7.2% in the second quarter, HoldingsChannel.com reports. The firm owned 1,568 shares of the software maker’s stock after buying an additional 105 shares during the period. 180 Wealth Advisors LLC’s holdings in Workday were worth $376,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also bought and sold shares of WDAY. Brighton Jones LLC increased its holdings in Workday by 230.2% in the fourth quarter. Brighton Jones LLC now owns 4,005 shares of the software maker’s stock valued at $1,033,000 after purchasing an additional 2,792 shares during the period. GAMMA Investing LLC increased its holdings in Workday by 128.5% in the first quarter. GAMMA Investing LLC now owns 2,820 shares of the software maker’s stock valued at $659,000 after purchasing an additional 1,586 shares during the period. Oppenheimer & Co. Inc. grew its holdings in Workday by 3.6% during the 1st quarter. Oppenheimer & Co. Inc. now owns 6,318 shares of the software maker’s stock worth $1,475,000 after acquiring an additional 218 shares during the period. Spire Wealth Management grew its holdings in Workday by 4.8% during the 1st quarter. Spire Wealth Management now owns 2,056 shares of the software maker’s stock worth $480,000 after acquiring an additional 95 shares during the period. Finally, Bessemer Group Inc. grew its holdings in Workday by 13.8% during the 1st quarter. Bessemer Group Inc. now owns 3,732 shares of the software maker’s stock worth $872,000 after acquiring an additional 453 shares during the period. 89.81% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Workday
In other news, CEO Carl M. Eschenbach sold 6,250 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $237.52, for a total value of $1,484,500.00. Following the transaction, the chief executive officer owned 20,222 shares in the company, valued at $4,803,129.44. This trade represents a 23.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Michael M. Mcnamara sold 5,393 shares of the firm’s stock in a transaction that occurred on Friday, October 10th. The shares were sold at an average price of $235.16, for a total value of $1,268,217.88. Following the completion of the transaction, the director owned 24,078 shares in the company, valued at $5,662,182.48. This represents a 18.30% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 264,933 shares of company stock worth $61,475,760. 19.31% of the stock is currently owned by corporate insiders.
Workday Stock Performance
Workday (NASDAQ:WDAY – Get Free Report) last issued its earnings results on Thursday, August 21st. The software maker reported $2.21 EPS for the quarter, beating the consensus estimate of $2.09 by $0.12. The company had revenue of $2.35 billion during the quarter, compared to the consensus estimate of $2.34 billion. Workday had a return on equity of 9.74% and a net margin of 6.51%.The firm’s revenue for the quarter was up 12.6% compared to the same quarter last year. During the same period last year, the business posted $1.75 EPS. Workday has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. On average, equities research analysts predict that Workday, Inc. will post 2.63 EPS for the current fiscal year.
Wall Street Analyst Weigh In
WDAY has been the subject of a number of recent analyst reports. Guggenheim upgraded Workday from a “neutral” rating to a “buy” rating and set a $285.00 price target for the company in a report on Wednesday, September 17th. JPMorgan Chase & Co. decreased their price target on Workday from $295.00 to $290.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. JMP Securities reiterated a “market outperform” rating and set a $315.00 price target on shares of Workday in a report on Wednesday, September 17th. Stifel Nicolaus decreased their price target on Workday from $275.00 to $255.00 and set a “hold” rating for the company in a report on Friday, August 22nd. Finally, Piper Sandler upgraded Workday from an “underweight” rating to a “neutral” rating and increased their price target for the stock from $220.00 to $235.00 in a report on Wednesday, September 17th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $287.83.
Read Our Latest Analysis on WDAY
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.
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