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Workday, Inc. (NASDAQ:WDAY – Get Free Report) major shareholder David Duffield sold 15,000 shares of Workday stock in a transaction on Monday, September 15th. The stock was sold at an average price of $222.23, for a total value of $3,333,450.00. Following the completion of the sale, the insider directly owned 15,000 shares of the company’s stock, valued at $3,333,450. The trade was a 50.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
Workday Price Performance
NASDAQ WDAY opened at $234.88 on Thursday. Workday, Inc. has a fifty-two week low of $205.33 and a fifty-two week high of $294.00. The company has a debt-to-equity ratio of 0.33, a quick ratio of 2.10 and a current ratio of 2.10. The company has a market capitalization of $62.71 billion, a PE ratio of 108.74, a price-to-earnings-growth ratio of 3.03 and a beta of 1.12. The business’s fifty day moving average is $228.37 and its 200 day moving average is $238.27.
Workday (NASDAQ:WDAY – Get Free Report) last issued its earnings results on Thursday, August 21st. The software maker reported $2.21 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $2.35 billion for the quarter, compared to analysts’ expectations of $2.34 billion. During the same period in the previous year, the firm posted $1.75 earnings per share. The business’s revenue was up 12.6% compared to the same quarter last year. Workday has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. Sell-side analysts predict that Workday, Inc. will post 2.63 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Several research firms have issued reports on WDAY. Westpark Capital boosted their price objective on shares of Workday from $315.00 to $328.00 and gave the company a “buy” rating in a research report on Friday, May 23rd. Wells Fargo & Company lowered their price target on shares of Workday from $325.00 to $300.00 and set an “overweight” rating on the stock in a report on Monday, August 18th. UBS Group set a $304.00 price objective on shares of Workday in a research note on Friday, August 22nd. TD Cowen lowered their target price on shares of Workday from $310.00 to $290.00 and set a “buy” rating for the company in a research note on Wednesday. Finally, KeyCorp reduced their price target on Workday from $325.00 to $285.00 and set an “overweight” rating on the stock in a research report on Friday, August 22nd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Workday has an average rating of “Moderate Buy” and an average target price of $287.83.
View Our Latest Research Report on Workday
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the stock. Brighton Jones LLC boosted its position in shares of Workday by 230.2% during the 4th quarter. Brighton Jones LLC now owns 4,005 shares of the software maker’s stock worth $1,033,000 after purchasing an additional 2,792 shares during the period. Bank Pictet & Cie Europe AG grew its stake in shares of Workday by 24.0% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 3,075 shares of the software maker’s stock valued at $793,000 after buying an additional 595 shares in the last quarter. Tidal Investments LLC raised its holdings in shares of Workday by 21.4% in the 4th quarter. Tidal Investments LLC now owns 16,442 shares of the software maker’s stock valued at $4,243,000 after buying an additional 2,896 shares during the period. Woodline Partners LP acquired a new position in Workday during the 4th quarter worth about $17,828,000. Finally, Waverly Advisors LLC purchased a new position in Workday during the 4th quarter valued at about $432,000. Institutional investors and hedge funds own 89.81% of the company’s stock.
About Workday
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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