Oppenheimer & Co. Inc. Raises Stake in Workday, Inc. $WDAY

Oppenheimer & Co. Inc. raised its stake in Workday, Inc. (NASDAQ:WDAY) by 124.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,556 shares of the software maker’s stock after acquiring an additional 10,293 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Workday were worth $4,467,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of WDAY. Rakuten Securities Inc. purchased a new stake in Workday in the second quarter worth $25,000. Berbice Capital Management LLC lifted its position 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 valued at $31,000 after buying an additional 75 shares during the last quarter. Golden State Wealth Management LLC grew its stake in shares of Workday by 2,216.7% during the 2nd quarter. Golden State Wealth Management LLC now owns 139 shares of the software maker’s stock worth $33,000 after acquiring an additional 133 shares during the period. Root Financial Partners LLC purchased a new stake in Workday in the 3rd quarter worth about $40,000. Finally, Twin Peaks Wealth Advisors LLC bought a new stake in Workday in the 2nd quarter valued at about $41,000. Institutional investors own 89.81% of the company’s stock.

Insider Buying and Selling at Workday

In related news, insider Robert Enslin sold 22,185 shares of the stock in a transaction 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 transaction, the insider owned 106,330 shares of the company’s stock, valued at approximately $22,347,376.10. This trade represents a 17.26% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder David A. Duffield sold 82,884 shares of Workday stock in a transaction on Thursday, January 8th. The stock was sold at an average price of $209.75, for a total transaction of $17,384,919.00. Following the completion of the transaction, the insider owned 105,049 shares in the company, valued at approximately $22,034,027.75. The trade was a 44.10% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 370,321 shares of company stock valued at $78,866,401. 19.31% of the stock is currently owned by corporate insiders.

Workday Trading Down 5.7%

NASDAQ WDAY opened at $144.55 on Thursday. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 0.34. The stock’s 50-day simple moving average is $198.99 and its two-hundred day simple moving average is $219.25. Workday, Inc. has a twelve month low of $142.72 and a twelve month high of $281.00. The company has a market capitalization of $38.02 billion, a price-to-earnings ratio of 60.74, a PEG ratio of 1.31 and a beta of 1.13.

Workday (NASDAQ:WDAY) last posted its quarterly earnings data on Tuesday, November 25th. The software maker reported $2.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.17 by $0.15. The firm had revenue of $2.43 billion during the quarter, compared to analysts’ expectations of $2.42 billion. Workday had a return on equity of 10.50% and a net margin of 6.95%.The company’s revenue for the quarter was up 12.6% compared to the same quarter last year. During the same period in the prior year, the business earned $1.89 EPS. Research analysts forecast that Workday, Inc. will post 2.63 EPS for the current fiscal year.

Trending Headlines about Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Analysts arguing the AI-driven sell-off is overdone and institutions are accumulating WDAY, framing the pullback as a buying opportunity for long-term growth. AI Disruption Overblown! 4 Software Stocks to Buy on the Dip
• Positive Sentiment: Technical/valuation pieces argue WDAY is deeply oversold (down ~25% in weeks) and that exhaustion of selling plus analyst estimate stability supports a near-term bounce. Down 25-7 in 4 Weeks, Here’s Why You Should You Buy the Dip in Workday (WDAY)
• Positive Sentiment: Zacks highlights Workday’s growth characteristics and favorable style scores, suggesting multi‑quarter growth visibility that can support premium multiples if AI execution improves. Here’s Why Workday (WDAY) is a Strong Growth Stock
• Neutral Sentiment: Coverage weighing the company’s recent moves that aim to reshape its AI and growth narrative; useful context but mixed on near-term impact. How Recent Moves Are Rewriting The Growth And AI Story For Workday (WDAY)
• Neutral Sentiment: Articles asking whether the bear-market price is a bargain—balance of valuation appeal vs. execution/AI risk; signals investor debate rather than consensus. Workday stock is stuck in a bear market: Is it a bargain in plain sight?
• Negative Sentiment: Workday announced co‑founder Aneel Bhusri will return as CEO to accelerate an AI pivot—this leadership change spooked investors who wanted clearer execution plans, adding short-term uncertainty. Workday names co-founder Aneel Bhusri as CEO in AI-driven shift
• Negative Sentiment: Wall Street reaction has been negative—coverage notes the stock fell after the CEO return and questions whether leadership reset sufficiently addresses investor concerns about AI disruption and growth visibility. Workday Stock Falls. Wall Street Isn’t Taking Kindly to Co-Founder’s Return as CEO.
• Negative Sentiment: Opinion pieces question whether a CEO change can reverse a broader software tech sell-off tied to AI fears, underscoring headline risk and potential continued volatility. Can a New CEO Save Workday Stock from the Software Apocalypse?

Analysts Set New Price Targets

A number of equities analysts have weighed in on WDAY shares. TD Cowen reiterated a “buy” rating on shares of Workday in a research report on Wednesday, November 26th. Stifel Nicolaus set a $175.00 price objective on shares of Workday in a report on Monday. Raymond James Financial reiterated a “market perform” rating on shares of Workday in a research note on Monday. Piper Sandler dropped their target price on Workday from $235.00 to $200.00 and set a “neutral” rating on the stock in a research report on Monday, February 2nd. Finally, Guggenheim restated a “buy” rating and issued a $285.00 price objective on shares of Workday in a research report on Wednesday, November 26th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and thirteen have assigned a Hold rating to the company. According to MarketBeat, Workday currently has a consensus rating of “Moderate Buy” and an average target price of $269.06.

About Workday

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.