Sapient Capital LLC Purchases 343 Shares of Workday, Inc. $WDAY

Sapient Capital LLC boosted its position in shares of Workday, Inc. (NASDAQ:WDAY) by 0.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 77,804 shares of the software maker’s stock after buying an additional 343 shares during the quarter. Sapient Capital LLC’s holdings in Workday were worth $18,673,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC raised its holdings in Workday by 76.1% during the 1st quarter. Cornerstone Planning Group LLC now owns 125 shares of the software maker’s stock valued at $28,000 after buying an additional 54 shares during the last quarter. Dagco Inc. bought a new position in Workday in the 1st quarter worth $31,000. Farmers & Merchants Investments Inc. bought a new position in Workday in the 1st quarter worth $32,000. Financial Management Professionals Inc. raised its holdings in Workday by 54.0% in the 1st quarter. Financial Management Professionals Inc. now owns 154 shares of the software maker’s stock worth $36,000 after purchasing an additional 54 shares in the last quarter. Finally, Pinnacle Bancorp Inc. bought a new position in Workday in the 1st quarter worth $40,000. 89.81% of the stock is currently owned by institutional investors.

Insider Activity at Workday

In other Workday news, insider Richard Harry Sauer sold 1,160 shares of the firm’s stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $226.63, for a total transaction of $262,890.80. Following the sale, the insider owned 96,916 shares in the company, valued at approximately $21,964,073.08. This trade represents a 1.18% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Zane Rowe sold 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 8th. The stock was sold at an average price of $239.59, for a total transaction of $1,437,540.00. Following the sale, the chief financial officer owned 178,418 shares in the company, valued at approximately $42,747,168.62. The trade was a 3.25% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 233,300 shares of company stock worth $55,764,900 in the last 90 days. Insiders own 20.00% of the company’s stock.

Workday Price Performance

Shares of NASDAQ:WDAY opened at $219.01 on Wednesday. The firm’s 50 day moving average price is $228.48 and its 200-day moving average price is $238.30. Workday, Inc. has a twelve month low of $205.33 and a twelve month high of $294.00. The company has a quick ratio of 2.10, a current ratio of 2.10 and a debt-to-equity ratio of 0.33. The stock has a market capitalization of $58.48 billion, a PE ratio of 101.39, a price-to-earnings-growth ratio of 3.10 and a beta of 1.12.

Workday (NASDAQ:WDAY) last issued its quarterly earnings data on Thursday, August 21st. The software maker reported $2.21 earnings per share for the quarter, topping the consensus estimate of $2.09 by $0.12. Workday had a net margin of 6.51% and a return on equity of 9.74%. The firm had revenue of $2.35 billion for the quarter, compared to analysts’ expectations of $2.34 billion. During the same quarter in the prior year, the business earned $1.75 EPS. The business’s quarterly revenue was up 12.6% on a year-over-year basis. Workday has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. Equities research analysts expect that Workday, Inc. will post 2.63 EPS for the current year.

Analyst Ratings Changes

Several brokerages have commented on WDAY. Royal Bank Of Canada restated an “outperform” rating and issued a $340.00 price objective on shares of Workday in a report on Friday, August 22nd. DA Davidson upped their price objective on shares of Workday from $230.00 to $250.00 and gave the stock a “neutral” rating in a report on Friday, May 23rd. Wells Fargo & Company decreased their price objective on shares of Workday from $325.00 to $300.00 and set an “overweight” rating for the company in a report on Monday, August 18th. Citigroup decreased their price objective on shares of Workday from $279.00 to $260.00 and set a “neutral” rating for the company in a report on Friday, August 22nd. Finally, KeyCorp decreased their price objective on shares of Workday from $325.00 to $285.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. Three investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $286.81.

Workday Profile

Workday, Inc provides enterprise cloud applications in the United States and internationally. Its applications help its customers to plan, execute, analyze, and extend to other applications and environments to manage their business and operations. The company offers a suite of financial management applications to maintain accounting information in the general ledger; manage financial processes, such as payables and receivables; identify real-time financial, operational, and management insights; enhance financial consolidation; reduce time-to-close; promote internal control and auditability; and achieve consistency across finance operations.