ORG Wealth Partners LLC Cuts Position in Workday, Inc. $WDAY

ORG Wealth Partners LLC trimmed its holdings in shares of Workday, Inc. (NASDAQ:WDAY) by 82.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,048 shares of the software maker’s stock after selling 4,896 shares during the period. ORG Wealth Partners LLC’s holdings in Workday were worth $252,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of WDAY. Rakuten Securities Inc. acquired a new position in shares of Workday during the 2nd quarter valued at $25,000. Berbice Capital Management LLC raised its position in Workday by 136.4% in the second quarter. Berbice Capital Management LLC now owns 130 shares of the software maker’s stock valued at $31,000 after purchasing an additional 75 shares during the period. Golden State Wealth Management LLC lifted its stake in shares of Workday by 2,216.7% during the second quarter. Golden State Wealth Management LLC now owns 139 shares of the software maker’s stock worth $33,000 after purchasing an additional 133 shares in the last quarter. Twin Peaks Wealth Advisors LLC acquired a new position in shares of Workday during the second quarter worth about $41,000. Finally, Physician Wealth Advisors Inc. purchased a new stake in shares of Workday in the second quarter worth about $42,000. 89.81% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, CAO Mark S. Garfield sold 953 shares of the company’s stock in a transaction that occurred on Thursday, January 8th. The stock was sold at an average price of $209.56, for a total transaction of $199,710.68. Following the sale, the chief accounting officer directly owned 35,336 shares of the company’s stock, valued at approximately $7,405,012.16. This represents a 2.63% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Gerrit S. Kazmaier sold 3,759 shares of Workday stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $208.73, for a total transaction of $784,616.07. Following the completion of the transaction, the insider directly owned 105,167 shares of the company’s stock, valued at approximately $21,951,507.91. This represents a 3.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 370,321 shares of company stock valued at $78,866,401 over the last three months. Company insiders own 19.31% of the company’s stock.

Trending Headlines about Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Recent results remain supportive: Workday beat Q3 estimates (EPS and revenue grew ~12.6% year-over-year), underlining steady subscription/enterprise demand. Read More.
• Positive Sentiment: Analyst coverage is skewed bullish — consensus is a “Moderate Buy” with an average target (~$281.59), giving upside vs. current levels and supporting longer-term investor interest. Read More.
• Neutral Sentiment: Large institutional ownership (around 90%) and recent institutional moves (e.g., Norges Bank establishing a sizable position) mean changes in fund flows can materially affect shares, but this is a mixed signal depending on whether institutions add or trim. Read More.
• Neutral Sentiment: Media mention: WDAY appeared in recent stock-watch lists, keeping it on investors’ radar but not providing a clear directional trigger. Read More.
• Negative Sentiment: Significant insider selling: co-founder/major shareholder David A. Duffield sold 82,884 shares (~$17.4M), a ~44% reduction in his holding — a large, disclosed block that can amplify downward pressure. Read More.
• Negative Sentiment: Multiple executive-level sales reported this week (CAO Mark Garfield sold 953 shares; CFO and other senior execs also reported multi-thousand-share / multi-million-dollar disposals) — these clustered sales raise short-term liquidity concerns. Read More. Read More.
• Negative Sentiment: Technical/valuation headwinds: shares sit below their 50- and 200-day moving averages and the stock’s P/E is elevated, which can magnify downside when insiders are selling and momentum is weak. Read More.

Workday Trading Down 1.2%

WDAY opened at $207.18 on Friday. Workday, Inc. has a 12-month low of $202.22 and a 12-month high of $283.68. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.83 and a quick ratio of 1.83. The stock has a market capitalization of $54.49 billion, a PE ratio of 87.05, a P/E/G ratio of 2.34 and a beta of 1.14. The firm’s fifty day moving average price is $219.85 and its 200 day moving average price is $228.39.

Workday (NASDAQ:WDAY) last released its earnings results on Tuesday, November 25th. The software maker reported $2.32 earnings per share for the quarter, topping the consensus estimate of $2.17 by $0.15. Workday had a net margin of 6.95% and a return on equity of 10.50%. The company had revenue of $2.43 billion during the quarter, compared to the consensus estimate of $2.42 billion. During the same quarter in the previous year, the firm earned $1.89 EPS. The company’s revenue was up 12.6% on a year-over-year basis. As a group, research analysts expect that Workday, Inc. will post 2.63 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Piper Sandler upgraded Workday from an “underweight” rating to a “neutral” rating and raised their target price for the company from $220.00 to $235.00 in a report on Wednesday, September 17th. Morgan Stanley increased their price objective on shares of Workday from $255.00 to $280.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 26th. Rosenblatt Securities initiated coverage on shares of Workday in a research report on Tuesday, December 2nd. They set a “neutral” rating and a $235.00 target price on the stock. JPMorgan Chase & Co. decreased their target price on shares of Workday from $290.00 to $270.00 and set an “overweight” rating for the company in a research note on Wednesday, November 26th. Finally, Royal Bank Of Canada dropped their price target on shares of Workday from $320.00 to $300.00 and set an “outperform” rating on the stock in a research note on Monday, January 5th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $281.59.

Workday Company 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.