37,714 Shares in Workday, Inc. $WDAY Acquired by Clarkston Capital Partners LLC

Clarkston Capital Partners LLC acquired a new position in shares of Workday, Inc. (NASDAQ:WDAY) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 37,714 shares of the software maker’s stock, valued at approximately $9,079,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Rakuten Securities Inc. bought a new stake in shares of Workday during the 2nd quarter valued at $25,000. Berbice Capital Management LLC grew its holdings in shares of Workday by 136.4% during the 2nd quarter. Berbice Capital Management LLC now owns 130 shares of the software maker’s stock worth $31,000 after purchasing an additional 75 shares in the last quarter. Golden State Wealth Management LLC increased its position in shares of Workday by 2,216.7% in 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 during the period. Root Financial Partners LLC bought a new position in shares of Workday in the third quarter worth $40,000. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in Workday in the second quarter valued at about $41,000. 89.81% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CEO Carl M. Eschenbach sold 3,125 shares of the stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $210.00, for a total value of $656,250.00. Following the completion of the transaction, the chief executive officer owned 17,097 shares of the company’s stock, valued at $3,590,370. This represents a 15.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Robert Enslin sold 22,185 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $210.17, for a total transaction of $4,662,621.45. Following the completion of the sale, the insider owned 106,330 shares in the company, valued at $22,347,376.10. This represents a 17.26% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 395,796 shares of company stock worth $75,909,516 over the last 90 days. Insiders own 20.00% of the company’s stock.

Key Stories Impacting Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: High‑profile endorsement for new leadership: TV host Jim Cramer called Workday’s new CEO “terrific,” which can boost investor sentiment and short‑term demand. Jim Cramer Considers Workday’s New CEO “Terrific”
• Positive Sentiment: Technical/flow support: recent bargain‑hunting and a short‑covering rally have driven quick gains after February’s pullback, attracting momentum traders. Workday (WDAY) Climbs 7.2% on Bargain-Hunting
• Positive Sentiment: Founder returns to CEO role with stronger AI emphasis — investors view this as a signal of strategic focus on AI product development, which could support longer‑term revenue expansion if execution succeeds. Workday Founder Returns As CEO While AI Focus Shapes Valuation Outlook
• Neutral Sentiment: Board granted CEO Aneel Bhusri a new equity package; this aligns leadership with shareholders but can raise dilution questions depending on structure. Workday Grants CEO Aneel Bhusri New Equity Package
• Neutral Sentiment: Macro backdrop remains a headwind for growth software names (inflation/higher rates), which can cap upside even during sector‑specific rallies. US Stock Market Today S&P 500 Futures Edge Lower On Stubborn Inflation Jitters
• Neutral Sentiment: Competitive landscape: emerging AI/analytics startups (e.g., Pigment) are targeting planning/analytics customers — something to monitor but not an immediate earnings threat. The French AI startup gunning for Workday, Oracle, and SAP
• Negative Sentiment: Analysts trimming targets: Citi cut its price target to $148 (from $247) and Morgan Stanley and others have reduced targets — a clear near‑term drag on sentiment and potential selling pressure. Workday, Inc. (WDAY) Price Target Lowered to $148 at Citi
• Negative Sentiment: Large insider sale: co‑founder David Duffield sold 107,500 shares (~$14.4M) and cut his stake roughly in half — markets can interpret this as a negative signal on insider conviction or simply liquidity‑driven. SEC Filing — Duffield Sale
• Negative Sentiment: Estimate‑revision risk: analyst commentary highlights slowing growth, margin pressure and falling EPS revisions as Workday invests in AI and new markets — a potential medium‑term headwind for valuations. Should You Avoid WDAY Stock Amid Declining Estimate Revisions?

Workday Stock Up 2.6%

Shares of NASDAQ WDAY opened at $151.04 on Monday. The company has a market cap of $39.72 billion, a price-to-earnings ratio of 58.54, a PEG ratio of 1.47 and a beta of 1.17. The company has a current ratio of 1.32, a quick ratio of 1.83 and a debt-to-equity ratio of 0.38. Workday, Inc. has a 12 month low of $117.76 and a 12 month high of $276.00. The stock has a 50-day moving average price of $172.17 and a two-hundred day moving average price of $208.84.

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

Wall Street Analyst Weigh In

WDAY has been the topic of a number of analyst reports. Citizens Jmp downgraded shares of Workday from an “outperform” rating to a “market perform” rating in a research note on Wednesday, February 18th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Workday from $265.00 to $190.00 and set a “buy” rating for the company in a research report on Wednesday, February 18th. Macquarie Infrastructure restated a “buy” rating on shares of Workday in a research report on Wednesday, November 26th. Barclays reduced their price target on shares of Workday from $230.00 to $200.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 25th. Finally, Evercore cut shares of Workday from an “outperform” rating to an “in-line” rating and set a $160.00 price objective on the stock. in a research note on Wednesday, February 25th. Twenty analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the stock. Based on data from MarketBeat.com, Workday currently has a consensus rating of “Moderate Buy” and an average target price of $205.19.

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.