Waterfront Wealth Inc. Makes New Investment in Workday, Inc. $WDAY

Posted by Nicole Kennedy on Feb 10th, 2026

Waterfront Wealth Inc. bought a new stake in Workday, Inc. (NASDAQ:WDAY – Free Report) during the third quarter, Holdings Channel reports. The institutional investor bought 3,587 shares of the software maker’s stock, valued at approximately $875,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its stake in shares of Workday by 2.5% in the second quarter. Vanguard Group Inc. now owns 21,114,184 shares of the software maker’s stock worth $5,067,404,000 after acquiring an additional 515,529 shares during the last quarter. State Street Corp raised its holdings in shares of Workday by 3.3% during the 2nd quarter. State Street Corp now owns 9,600,516 shares of the software maker’s stock valued at $2,304,124,000 after purchasing an additional 303,713 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Workday by 2.9% in the second quarter. Geode Capital Management LLC now owns 4,952,938 shares of the software maker’s stock worth $1,183,112,000 after purchasing an additional 140,042 shares in the last quarter. Parnassus Investments LLC raised its holdings in Workday by 13.1% during the third quarter. Parnassus Investments LLC now owns 3,217,205 shares of the software maker’s stock valued at $774,478,000 after buying an additional 371,561 shares in the last quarter. Finally, Invesco Ltd. boosted its stake in shares of Workday by 10.4% during the 2nd quarter. Invesco Ltd. now owns 2,187,137 shares of the software maker’s stock worth $524,913,000 after acquiring an additional 205,403 shares in the last quarter. Institutional investors and hedge funds own 89.81% of the company’s stock.

Workday Price Performance

Workday stock opened at $154.56 on Tuesday. The business has a 50 day simple moving average of $201.59 and a 200 day simple moving average of $220.40. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.83 and a quick ratio of 1.83. The company has a market capitalization of $40.65 billion, a PE ratio of 64.94, a price-to-earnings-growth ratio of 1.39 and a beta of 1.14. Workday, Inc. has a one year low of $147.35 and a one year high of $281.00.

Workday (NASDAQ:WDAY – Get Free Report) last released its quarterly earnings data on Tuesday, November 25th. The software maker reported $2.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.17 by $0.15. The firm had revenue of $2.43 billion during the quarter, compared to analyst estimates of $2.42 billion. Workday had a return on equity of 10.50% and a net margin of 6.95%.The business’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 company posted $1.89 earnings per share. On average, sell-side analysts forecast that Workday, Inc. will post 2.63 EPS for the current fiscal year.

Workday News Roundup

Here are the key news stories impacting Workday this week:

Positive Sentiment: Needham reiterated a Buy and $300 price target, arguing the CEO transition could accelerate AI-driven product innovation and add long‑term upside. Workday: CEO Transition to Co‑Founder Signals AI‑Driven Innovation and Long‑Term Growth Upside
Positive Sentiment: William Blair reiterated a Buy, calling the sell‑off a “buyable dip” given intact fundamentals and a reaffirmed outlook. Workday: CEO Transition Creates a Buyable Dip Amid Intact Fundamentals and Reaffirmed Outlook
Neutral Sentiment: Company press release: co‑founder Aneel Bhusri returns as CEO, Carl Eschenbach steps down but will serve as a strategic advisor; Workday says it reaffirms its fiscal Q4 and full‑year FY26 outlook (management frames the move as positioning the firm for the AI era). Workday Announces CEO Transition as Co-Founder Aneel Bhusri Returns to Lead the Company’s Next Chapter
Neutral Sentiment: Stifel maintained a Hold, flagging execution uncertainty and FY27 guidance risks tied to the timing of the leadership change. Workday: CEO Transition, Execution Uncertainty, and FY27 Guidance Risks Justify Cautious Hold Rating
Negative Sentiment: Market reaction: shares fell sharply on the leadership change as investors worry about timing, lost sales relationships under the departing CEO, and broader weak sentiment for software stocks; several outlets note the stock decline and heavier‑than‑normal volume. Workday’s stock falls as CEO change sounds like ‘really bad news’ to this analyst
Negative Sentiment: Workforce restructuring and related impairment charges announced Feb. 8 could weigh on near‑term profitability and add to investor concern amid the management shakeup. Workday Announces Workforce Restructuring and Related Impairment Charges

Insider Transactions at Workday

In other Workday news, CFO Zane Rowe sold 6,000 shares of the company’s stock in a transaction dated 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 sale, the chief financial officer directly owned 159,158 shares of the company’s stock, valued at approximately $33,224,232.50. This represents a 3.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder David A. Duffield sold 82,884 shares of the business’s stock in a transaction that occurred on Thursday, January 8th. The stock was sold at an average price of $209.75, for a total value of $17,384,919.00. Following the completion of the transaction, the insider directly owned 105,049 shares in the company, valued at $22,034,027.75. The trade was a 44.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 370,321 shares of company stock valued at $78,866,401. 20.00% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Loop Capital set a $280.00 target price on Workday in a research report on Wednesday, December 10th. TD Cowen restated a “buy” rating on shares of Workday in a research note on Wednesday, November 26th. Stifel Nicolaus set a $175.00 price objective on Workday in a research report on Monday. UBS Group set a $260.00 price target on shares of Workday in a report on Wednesday, November 26th. Finally, BTIG Research set a $230.00 target price on shares of Workday in a research note on Monday. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and thirteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $271.18.

Check Out Our Latest Research Report on WDAY

Workday Profile

(Free Report)

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.