Inspirion Wealth Advisors LLC Cuts Stock Holdings in Workday, Inc. $WDAY

Inspirion Wealth Advisors LLC decreased its holdings in Workday, Inc. (NASDAQ:WDAY) by 23.4% during the third quarter, HoldingsChannel.com reports. The firm owned 25,205 shares of the software maker’s stock after selling 7,710 shares during the quarter. Workday makes up about 0.5% of Inspirion Wealth Advisors LLC’s holdings, making the stock its 26th biggest holding. Inspirion Wealth Advisors LLC’s holdings in Workday were worth $4,801,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in WDAY. GAMMA Investing LLC grew its stake in Workday by 41.0% in the 3rd quarter. GAMMA Investing LLC now owns 6,144 shares of the software maker’s stock worth $1,170,000 after acquiring an additional 1,788 shares in the last quarter. Farther Finance Advisors LLC raised its stake in shares of Workday by 13.8% during the third quarter. Farther Finance Advisors LLC now owns 7,757 shares of the software maker’s stock valued at $1,477,000 after acquiring an additional 943 shares in the last quarter. CoreCap Advisors LLC raised its stake in shares of Workday by 55.9% during the third quarter. CoreCap Advisors LLC now owns 173 shares of the software maker’s stock valued at $33,000 after acquiring an additional 62 shares in the last quarter. Avidian Wealth Enterprises LLC purchased a new stake in shares of Workday in the third quarter valued at approximately $203,000. Finally, Elevation Wealth Partners LLC boosted its holdings in shares of Workday by 21.8% in the third quarter. Elevation Wealth Partners LLC now owns 481 shares of the software maker’s stock valued at $92,000 after purchasing an additional 86 shares during the period. 89.81% of the stock is owned by hedge funds and other institutional investors.

Key Workday News

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Workday was named a “Market Shaper” in Gartner’s 2026 Emerging Market Quadrant for AI agents in human resources. The recognition supports the company’s positioning in the expanding market for AI-powered HR software and could help strengthen its competitive profile. Workday Named a Market Shaper by Gartner
• Positive Sentiment: Workday’s AI business is reportedly generating approximately $600 million in revenue, highlighting progress in expanding beyond its core cloud applications. Investors may view AI agents as a potential catalyst for renewed growth, although monetization and scale remain important execution tests. Workday AI and Leadership Challenges
• Neutral Sentiment: Jefferies maintained a Hold rating and a $210 price target. The firm is waiting for subscription-revenue growth to exceed 11% and estimates Workday will reach a 2027 Rule of 43 score, below many large software peers. This signals limited near-term conviction despite the target remaining above recent trading levels. Jefferies Workday Analysis
• Negative Sentiment: Workday reportedly cut its 2028 revenue-growth target as subscription momentum slows. The downgrade raises concerns about the company’s ability to sustain premium software-sector growth and may weigh on valuation, particularly with SAP and Oracle increasing competitive pressure. Workday Cuts 2028 Revenue Growth Target
• Negative Sentiment: Reports also cited three senior leadership departures, adding execution risk as Workday attempts to accelerate its AI strategy and restore subscription growth. Recent insider and major-shareholder sales may further affect sentiment, although several transactions were conducted under pre-arranged plans for tax withholding. Workday Leadership Challenges

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. William Blair restated an “outperform” rating on shares of Workday in a report on Friday, August 28th. BTIG Research cut Workday from a “buy” rating to a “neutral” rating in a report on Monday, August 17th. Piper Sandler raised their price target on Workday from $145.00 to $190.00 and gave the company a “neutral” rating in a research note on Friday, August 28th. Wells Fargo & Company lifted their price objective on Workday from $215.00 to $225.00 and gave the company an “overweight” rating in a report on Friday, August 28th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Workday in a research note on Wednesday, September 30th. Twenty equities research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $205.55.

Workday Stock Up 1.9%

NASDAQ:WDAY opened at $187.81 on Friday. The company’s 50-day simple moving average is $189.38 and its 200-day simple moving average is $151.28. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.91 and a current ratio of 0.91. Workday, Inc. has a fifty-two week low of $110.36 and a fifty-two week high of $247.40. The stock has a market capitalization of $45.26 billion, a P/E ratio of 38.10, a P/E/G ratio of 1.85 and a beta of 1.07.

Workday (NASDAQ:WDAY) last posted its quarterly earnings data on Thursday, August 27th. The software maker reported $2.75 EPS for the quarter, topping the consensus estimate of $2.61 by $0.14. The firm had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.64 billion. Workday had a net margin of 12.32% and a return on equity of 20.95%. Workday’s revenue was up 12.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.21 EPS. On average, equities analysts anticipate that Workday, Inc. will post 5.33 earnings per share for the current fiscal year.

Insider Transactions at Workday

In other Workday news, insider Gerrit Kazmaier sold 2,729 shares of the business’s stock in a transaction dated Tuesday, October 6th. The stock was sold at an average price of $187.28, for a total transaction of $511,087.12. Following the sale, the insider owned 251,314 shares in the company, valued at approximately $47,066,085.92. The trade was a 1.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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, insider Robert Enslin sold 5,374 shares of the stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $187.00, for a total value of $1,004,938.00. Following the completion of the transaction, the insider directly owned 226,233 shares in the company, valued at $42,305,571. This represents a 2.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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. In the last quarter, insiders sold 887,351 shares of company stock worth $169,913,604. 18.64% of the stock is owned by insiders.

Workday Profile

Workday, Inc develops cloud-based enterprise software for managing an organization’s people, finances and operations. Its platform is primarily used by businesses, government agencies and educational institutions to support human resources, finance, planning, analytics and related administrative processes.

The company’s offerings include Workday Human Capital Management, Financial Management, Adaptive Planning, Spend Management, payroll, recruiting, talent management, learning and workforce analytics.