Bristol John W & Co. Inc. NY Sells 10,323 Shares of Workday, Inc. $WDAY

Bristol John W & Co. Inc. NY cut its position in shares of Workday, Inc. (NASDAQ:WDAY) by 1.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 570,752 shares of the software maker’s stock after selling 10,323 shares during the period. Workday makes up about 2.2% of Bristol John W & Co. Inc. NY’s portfolio, making the stock its 14th biggest holding. Bristol John W & Co. Inc. NY owned about 0.21% of Workday worth $137,397,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Rakuten Securities Inc. purchased a new stake in shares of Workday during the 2nd quarter worth approximately $25,000. Berbice Capital Management LLC grew its holdings in shares of 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 in the last quarter. Root Financial Partners LLC purchased a new position in shares of Workday in the third quarter valued at $40,000. Twin Peaks Wealth Advisors LLC bought a new stake in Workday in the second quarter worth $41,000. Finally, Geneos Wealth Management Inc. increased its position in Workday by 211.7% in the first quarter. Geneos Wealth Management Inc. now owns 187 shares of the software maker’s stock worth $44,000 after purchasing an additional 127 shares during the last quarter. Hedge funds and other institutional investors own 89.81% of the company’s stock.

Workday Price Performance

Workday stock opened at $134.14 on Friday. Workday, Inc. has a 12-month low of $117.76 and a 12-month high of $276.00. The company has a current ratio of 1.32, a quick ratio of 1.83 and a debt-to-equity ratio of 0.38. The firm has a 50-day moving average price of $166.12 and a 200-day moving average price of $206.73. The firm has a market capitalization of $35.28 billion, a PE ratio of 51.99, a price-to-earnings-growth ratio of 1.34 and a beta of 1.16.

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

Key Stories Impacting Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Fairview Health Services selected Workday’s AI‑powered HR, finance and supply‑chain suite — a notable enterprise customer win that validates Workday’s platform strategy and could contribute recurring subscription revenue over time. Read More.
• Positive Sentiment: Partnerships with Lyra Health (mental‑health integration) and Insperity (HRScale for SMBs) expand Workday’s HCM ecosystem and open cross‑sell/up‑sell opportunities in wellness and mid‑market segments. Read More.
• Positive Sentiment: Industry recognition — named a strategic partner of the year — helps channel credibility and partner momentum for services/implementations. Read More.
• Neutral Sentiment: Third‑party integrations and partnerships (Persona candidate verification; Kognitiv + Syndio for EU pay transparency) increase Workday’s ecosystem stickiness but are incremental and not immediate revenue catalysts. Read More.
• Neutral Sentiment: Broader software‑industry commentary around AI automation frames a favorable narrative for platform vendors like Workday, but it’s high level and doesn’t change near‑term revenue/earnings. Read More.
• Negative Sentiment: Major insider selling: co‑founder David A. Duffield sold 107,500 shares (~$15.3M at ~$142.18), cutting his stake roughly in half — a headline that can weigh on investor confidence even if for personal/liquidity reasons. Read More.
• Negative Sentiment: Analyst/valuation and guidance pressure: recent commentary has trimmed fair‑value estimates (~20% cut cited) and flagged softer subscription guidance plus higher planned investment — a combination that has pressured sentiment and the stock multiple. Read More.
• Negative Sentiment: Negative narratives on user experience/recruiting friction surfaced in commentary pieces, which can amplify short‑term sentiment risk though they are less directly tied to revenue. Read More.

Analyst Ratings Changes

WDAY has been the subject of several research reports. Macquarie Infrastructure reiterated a “buy” rating on shares of Workday in a research report on Wednesday, November 26th. The Goldman Sachs Group decreased their target price on shares of Workday from $238.00 to $206.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Workday from $265.00 to $190.00 and set a “buy” rating for the company in a report on Wednesday, February 18th. Stifel Nicolaus set a $175.00 price target on Workday in a research report on Monday, February 9th. Finally, Royal Bank Of Canada reduced their price objective on Workday from $220.00 to $180.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 25th. Twenty research analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company. Based on data from MarketBeat.com, Workday currently has an average rating of “Moderate Buy” and a consensus target price of $203.00.

Insider Buying and Selling at Workday

In other news, CFO Zane Rowe sold 6,000 shares of the business’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $208.75, for a total transaction of $1,252,500.00. Following the completion of the sale, the chief financial officer directly owned 159,158 shares of the company’s stock, valued at approximately $33,224,232.50. The trade was a 3.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Richard Harry Sauer sold 1,130 shares of the business’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $210.00, for a total transaction of $237,300.00. Following the completion of the sale, the insider directly owned 85,398 shares of the company’s stock, valued at approximately $17,933,580. This trade represents a 1.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 610,796 shares of company stock valued at $107,013,566. 19.31% of the stock is owned by company insiders.

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.