Workday, Inc. $WDAY Shares Sold by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S lowered its position in shares of Workday, Inc. (NASDAQ:WDAY) by 52.2% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,595 shares of the software maker’s stock after selling 6,101 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Workday were worth $727,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in WDAY. Rakuten Securities Inc. acquired a new position in shares of Workday during the 2nd quarter worth approximately $25,000. Measured Wealth Private Client Group LLC acquired a new stake in Workday during the 3rd quarter valued at $26,000. DT Investment Partners LLC purchased a new position in Workday during the fourth quarter worth $27,000. LRI Investments LLC purchased a new stake in shares of Workday in the fourth quarter valued at $29,000. Finally, JPL Wealth Management LLC acquired a new stake in shares of Workday during the third quarter valued at $30,000. Hedge funds and other institutional investors own 89.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Jefferies Financial Group lifted their price target on shares of Workday from $115.00 to $140.00 and gave the stock a “hold” rating in a report on Friday, May 22nd. BMO Capital Markets reissued an “outperform” rating on shares of Workday in a research note on Friday, May 22nd. Sanford C. Bernstein reiterated an “outperform” rating and issued a $216.00 price target on shares of Workday in a report on Friday, May 22nd. HC Wainwright set a $140.00 price objective on Workday in a report on Wednesday, May 27th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Workday in a research report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $184.00.

Insider Buying and Selling

In other Workday news, insider Gerrit S. Kazmaier sold 9,356 shares of the firm’s stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $128.39, for a total value of $1,201,216.84. Following the transaction, the insider directly owned 165,074 shares of the company’s stock, valued at $21,193,850.86. This trade represents a 5.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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. Also, major shareholder David A. Duffield sold 107,500 shares of the business’s stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $114.25, for a total value of $12,281,875.00. Following the transaction, the insider owned 105,049 shares in the company, valued at approximately $12,001,848.25. This represents a 50.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 774,814 shares of company stock valued at $99,846,591. 18.64% of the stock is owned by corporate insiders.

Key Headlines Impacting Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Monness Crespi & Hardt upgraded Workday from neutral to buy and set a $150 price target, implying meaningful upside from recent levels. Finviz
• Positive Sentiment: Several recent commentary pieces continue to argue Workday is attractively valued relative to its AI-driven growth prospects, supporting the long-term bull case. Workday: Valuation Is Cheap, Upside Potential From AI Growth
• Neutral Sentiment: Workday was mentioned in a note about software stocks lagging the broader market, which reflects sector rotation more than a company-specific event. Why software stocks like INTU, ADBE, TTD, WDAY, CRM are trailing the S&P 500
• Neutral Sentiment: The company announced it will return as a partner for the 2026 Jackson T. Stephens Cup, a small branding/relationship update with limited direct impact on earnings. The Jackson T. Stephens Cup Announces Stephens and Workday as Returning Partners for 2026 Tournament at PGA Frisco
• Negative Sentiment: A judge reportedly ruled that Workday must face a lawsuit alleging AI bias in its job-screening tools, adding legal uncertainty around a key product area. Judge says Workday to face lawsuit over AI bias in job screening tools: report
• Negative Sentiment: Major shareholder David Duffield sold 107,500 shares in a pre-arranged trading plan, which can still weigh on sentiment even though it was disclosed as a 10b5-1 sale. Workday (NASDAQ:WDAY) Major Shareholder David Duffield Sells 107,500 Shares

Workday Stock Performance

Shares of NASDAQ:WDAY opened at $113.77 on Friday. The business has a 50-day moving average of $127.46 and a two-hundred day moving average of $153.31. The firm has a market capitalization of $28.10 billion, a PE ratio of 35.55, a P/E/G ratio of 1.26 and a beta of 1.09. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.01 and a quick ratio of 1.01. Workday, Inc. has a 12 month low of $110.36 and a 12 month high of $249.85.

Workday (NASDAQ:WDAY) last issued its earnings results on Thursday, May 21st. The software maker reported $2.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.51 by $0.15. The business had revenue of $2.54 billion during the quarter, compared to analysts’ expectations of $2.52 billion. Workday had a return on equity of 14.75% and a net margin of 8.60%.The company’s revenue for the quarter was up 13.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.23 EPS. As a group, research analysts forecast that Workday, Inc. will post 5.34 earnings per share for the current year.

Workday 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.