Danske Bank A S Decreases Holdings in Workday, Inc. $WDAY

Danske Bank A S cut its stake in shares of Workday, Inc. (NASDAQ:WDAY) by 28.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 130,996 shares of the software maker’s stock after selling 51,939 shares during the period. Danske Bank A S’s holdings in Workday were worth $28,135,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Rakuten Securities Inc. bought a new position in shares of Workday during the 2nd quarter valued at about $25,000. Measured Wealth Private Client Group LLC bought a new position in shares of Workday during the 3rd quarter valued at about $26,000. JPL Wealth Management LLC purchased a new stake in shares of Workday during the 3rd quarter valued at about $30,000. eCIO Inc. purchased a new stake in shares of Workday during the 4th quarter valued at about $36,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Workday during the 4th quarter valued at about $36,000. 89.81% of the stock is currently owned by hedge funds and other institutional investors.

Workday Stock Up 3.7%

Shares of NASDAQ WDAY opened at $126.96 on Friday. The company’s 50-day simple moving average is $130.01 and its 200-day simple moving average is $180.35. Workday, Inc. has a 52-week low of $110.36 and a 52-week high of $276.00. The firm has a market cap of $32.63 billion, a price-to-earnings ratio of 49.21, a price-to-earnings-growth ratio of 1.23 and a beta of 1.04. 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 announced its earnings results on Tuesday, February 24th. The software maker reported $2.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.32 by $0.15. Workday had a net margin of 7.26% and a return on equity of 13.37%. The business had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.52 billion. During the same quarter last year, the business earned $1.92 earnings per share. The company’s revenue for the quarter was up 14.5% compared to the same quarter last year. Equities analysts predict that Workday, Inc. will post 5.11 EPS for the current fiscal year.

Key Headlines Impacting Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Jade Global signed as a Workday deployment partner, expanding Workday’s services channel and industry coverage (manufacturing, high-tech, healthcare, retail). This can help accelerate implementations and bookings growth. Jade Global Named Workday Partner
• Positive Sentiment: Workday is featured in recent lists of high-growth tech stocks and growth stocks with notable insider ownership, which can attract investor inflows and sentiment momentum. High Growth Tech Stocks in the US Market to Watch
• Neutral Sentiment: Workday will report fiscal 2027 Q1 results after the close on May 21 and host a conference call; the scheduled report is a near-term catalyst that can increase volatility and reprice expectations. Workday to Announce Fiscal 2027 First Quarter Financial Results on May 21, 2026
• Neutral Sentiment: Media coverage shows elevated investor searches and attention on WDAY (Zacks summary), which can increase short-term trading volume but is not a fundamental read on business performance. Investors Heavily Search Workday, Inc. (WDAY): Here is What You Need to Know
• Neutral Sentiment: Former Workday CEO Carl Eschenbach rejoined the board of Cresta (an AI customer-experience company); this highlights management alumni activity and industry ties but has limited direct impact on Workday’s near-term financials. Cresta Names Sequoia’s Doug Leone as Board Chair, Carl Eschenbach Rejoins Board as Growth Accelerates

Insiders Place Their Bets

In other news, insider Gerrit S. Kazmaier sold 9,356 shares of Workday 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 in the company, valued at $21,193,850.86. This trade represents a 5.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available 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. Also, CFO Zane Rowe sold 6,000 shares of the business’s stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $128.22, for a total transaction of $769,320.00. Following the transaction, the chief financial officer owned 217,930 shares in the company, valued at $27,942,984.60. The trade was a 2.68% decrease in their ownership of the stock. 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 989,814 shares of company stock valued at $131,576,291. 19.31% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. Barclays lowered their target price on shares of Workday from $230.00 to $200.00 and set an “overweight” rating for the company in a research note on Wednesday, February 25th. Raymond James Financial restated a “market perform” rating on shares of Workday in a research note on Monday, February 9th. DA Davidson decreased their price target on shares of Workday from $250.00 to $125.00 and set a “neutral” rating for the company in a report on Wednesday, February 25th. Jefferies Financial Group cut shares of Workday from a “buy” rating to a “hold” rating and decreased their price target for the stock from $325.00 to $150.00 in a report on Monday, February 23rd. Finally, Deutsche Bank Aktiengesellschaft reduced their target price 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. Nineteen equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average 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.