Workday (NASDAQ:WDAY) Insider Gerrit Kazmaier Sells 9,356 Shares

Workday, Inc. (NASDAQ:WDAY) insider Gerrit Kazmaier sold 9,356 shares of the business’s stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $128.39, for a total value of $1,201,216.84. Following the sale, the insider owned 165,074 shares of the company’s stock, valued at approximately $21,193,850.86. This represents a 5.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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.

Workday Stock Performance

Shares of Workday stock traded down $2.21 during trading hours on Tuesday, reaching $127.51. 2,572,215 shares of the stock traded hands, compared to its average volume of 5,018,963. The company has a 50 day moving average price of $143.62 and a 200 day moving average price of $194.79. The firm has a market capitalization of $32.77 billion, a price-to-earnings ratio of 49.42, a P/E/G ratio of 1.28 and a beta of 1.14. Workday, Inc. has a one year low of $117.76 and a one year high of $276.00. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.38.

Workday (NASDAQ:WDAY) last released its quarterly earnings results on Tuesday, February 24th. The software maker reported $2.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.32 by $0.15. The business had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.52 billion. Workday had a return on equity of 13.37% and a net margin of 7.26%.The business’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.92 EPS. On average, equities research analysts expect that Workday, Inc. will post 2.63 earnings per share for the current fiscal year.

Trending Headlines about Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Workday was named a Leader in the 2026 Gartner Magic Quadrant for Higher Education Student Information Systems — a product endorsement that supports long‑term adoption at colleges and universities and underpins recurring revenue growth. Workday Named a Leader in 2026 Gartner® Magic Quadrant™ for Higher Education Student Information Systems
• Positive Sentiment: UST acquired Intecrowd, an award‑winning Workday partner that specializes in deployments and lifecycle support — consolidation among partners can expand implementation capacity and channel reach for Workday. UST Acquires Award‑Winning Workday Partner Intecrowd
• Neutral Sentiment: Market recaps note WDAY’s recent price pullback (mid‑$120s) versus broader market gains; these stories summarize price action but add little new company‑specific information. Workday (WDAY) Stock Sinks As Market Gains: Here’s Why
• Negative Sentiment: Major shareholder David A. Duffield sold 107,500 shares (~$13.9M) under a pre‑arranged Rule 10b5‑1 plan, lowering his holding by ~50% — the size of the sale is notable and can pressure sentiment despite being pre‑planned. SEC filing: Duffield Form 4
• Negative Sentiment: Several insiders (CFO Zane Rowe, Robert Enslin, Gerrit Kazmaier) sold modest blocks of shares — reported as 10b5‑1 trades or sales to cover tax withholding on vested awards. These are typically less alarming but add to near‑term selling supply. Rowe Form 4 Enslin Form 4 Kazmaier Form 4
• Negative Sentiment: Media commentary (e.g., Jim Cramer) flagged Workday as a relative laggard in the Nasdaq 100 and advised caution — negative headlines from high‑profile commentators can amplify selling pressure even if they are opinion‑based. Jim Cramer on Workday

Institutional Investors Weigh In On Workday

Institutional investors have recently added to or reduced their stakes in the stock. Rakuten Securities Inc. purchased a new stake in Workday during the 2nd quarter valued at approximately $25,000. Measured Wealth Private Client Group LLC purchased a new stake in Workday during the 3rd quarter valued at approximately $26,000. DT Investment Partners LLC purchased a new stake in Workday during the 4th quarter valued at approximately $27,000. LRI Investments LLC purchased a new stake in Workday during the 4th quarter valued at approximately $29,000. Finally, JPL Wealth Management LLC purchased a new stake in Workday during the 3rd quarter valued at approximately $30,000. 89.81% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Cantor Fitzgerald reiterated an “overweight” rating and set a $200.00 price objective on shares of Workday in a research note on Monday, February 23rd. Raymond James Financial reiterated a “market perform” rating on shares of Workday in a research note on Monday, February 9th. Sanford C. Bernstein cut their price objective on Workday from $298.00 to $214.00 and set an “outperform” rating for the company in a research note on Wednesday, February 25th. UBS Group cut their price objective on Workday from $170.00 to $130.00 and set a “neutral” rating for the company in a research note on Wednesday, February 25th. Finally, Weiss Ratings downgraded Workday from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, March 20th. Nineteen analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $199.71.

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.