Workday, Inc. $WDAY Shares Purchased by World Investment Advisors

World Investment Advisors increased its position in shares of Workday, Inc. (NASDAQ:WDAY) by 43.2% during the 2nd quarter, Holdings Channel.com reports. The fund owned 2,958 shares of the software maker’s stock after acquiring an additional 892 shares during the period. World Investment Advisors’ holdings in Workday were worth $710,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in Workday by 2.3% during the 1st quarter. Vanguard Group Inc. now owns 20,598,655 shares of the software maker’s stock worth $4,810,404,000 after acquiring an additional 455,855 shares in the last quarter. T. Rowe Price Investment Management Inc. lifted its stake in Workday by 47.5% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 3,764,598 shares of the software maker’s stock worth $879,147,000 after acquiring an additional 1,211,659 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in Workday by 0.4% during the 1st quarter. The Manufacturers Life Insurance Company now owns 3,736,609 shares of the software maker’s stock worth $872,610,000 after acquiring an additional 14,354 shares in the last quarter. Hotchkis & Wiley Capital Management LLC lifted its stake in Workday by 35.6% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 3,479,105 shares of the software maker’s stock worth $812,475,000 after acquiring an additional 913,613 shares in the last quarter. Finally, Parnassus Investments LLC lifted its stake in Workday by 22.4% during the 1st quarter. Parnassus Investments LLC now owns 2,996,429 shares of the software maker’s stock worth $699,756,000 after acquiring an additional 548,694 shares in the last quarter. Institutional investors and hedge funds own 89.81% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Weiss Ratings restated a “hold (c)” rating on shares of Workday in a report on Wednesday, October 8th. Sanford C. Bernstein restated an “outperform” rating and set a $304.00 price target on shares of Workday in a report on Friday, August 22nd. Stifel Nicolaus cut their price target on Workday from $275.00 to $255.00 and set a “hold” rating on the stock in a report on Friday, August 22nd. Bank of America cut their price target on Workday from $295.00 to $278.00 and set a “buy” rating on the stock in a report on Tuesday, August 19th. Finally, DA Davidson upped their price target on Workday from $225.00 to $260.00 and gave the stock a “neutral” rating in a report on Friday, September 19th. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, Workday currently has a consensus rating of “Moderate Buy” and an average target price of $287.83.

Workday Trading Up 3.0%

WDAY opened at $239.92 on Monday. Workday, Inc. has a one year low of $205.33 and a one year high of $294.00. The company has a market cap of $64.06 billion, a P/E ratio of 111.07, a PEG ratio of 2.99 and a beta of 1.10. The company has a debt-to-equity ratio of 0.33, a quick ratio of 2.10 and a current ratio of 2.10. The business’s 50-day simple moving average is $234.48 and its 200-day simple moving average is $238.03.

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

Insider Activity

In related news, insider Richard Harry Sauer sold 2,320 shares of the firm’s stock in a transaction that occurred on Tuesday, October 7th. The stock was sold at an average price of $235.87, for a total transaction of $547,218.40. Following the transaction, the insider owned 90,077 shares in the company, valued at $21,246,461.99. This trade represents a 2.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Zane Rowe sold 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, October 7th. The stock was sold at an average price of $232.62, for a total value of $1,395,720.00. Following the transaction, the chief financial officer owned 168,468 shares in the company, valued at $39,189,026.16. This represents a 3.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 264,933 shares of company stock worth $61,475,760 over the last ninety days. 19.31% of the stock is owned by corporate insiders.

Workday Company 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.