CreativeOne Wealth LLC Increases Stock Position in Workday, Inc. $WDAY

CreativeOne Wealth LLC boosted its stake in shares of Workday, Inc. (NASDAQ:WDAY) by 41.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,099 shares of the software maker’s stock after buying an additional 1,210 shares during the quarter. CreativeOne Wealth LLC’s holdings in Workday were worth $957,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of WDAY. Brighton Jones LLC boosted its stake in Workday by 230.2% during the fourth quarter. Brighton Jones LLC now owns 4,005 shares of the software maker’s stock worth $1,033,000 after buying an additional 2,792 shares during the period. Bank Pictet & Cie Europe AG boosted its stake in Workday by 24.0% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 3,075 shares of the software maker’s stock worth $793,000 after buying an additional 595 shares during the period. Integrated Wealth Concepts LLC boosted its stake in Workday by 23.6% during the fourth quarter. Integrated Wealth Concepts LLC now owns 2,034 shares of the software maker’s stock worth $525,000 after buying an additional 388 shares during the period. Lido Advisors LLC boosted its stake in Workday by 208.3% during the fourth quarter. Lido Advisors LLC now owns 4,134 shares of the software maker’s stock worth $1,067,000 after buying an additional 2,793 shares during the period. Finally, Meiji Yasuda Life Insurance Co boosted its stake in shares of Workday by 13.1% in the fourth quarter. Meiji Yasuda Life Insurance Co now owns 1,123 shares of the software maker’s stock valued at $290,000 after purchasing an additional 130 shares during the period. Hedge funds and other institutional investors own 89.81% of the company’s stock.

Workday Stock Up 1.0%

Shares of NASDAQ:WDAY opened at $230.82 on Friday. The firm’s 50 day moving average price is $231.09 and its 200 day moving average price is $241.05. The stock has a market cap of $61.63 billion, a price-to-earnings ratio of 106.86, a price-to-earnings-growth ratio of 3.41 and a beta of 1.24. Workday, Inc. has a fifty-two week low of $205.33 and a fifty-two week high of $294.00. The company has a quick ratio of 2.07, a current ratio of 2.10 and a debt-to-equity ratio of 0.33.

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

Insider Transactions at Workday

In related news, CEO Carl M. Eschenbach sold 6,250 shares of the firm’s stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $239.43, for a total value of $1,496,437.50. Following the sale, the chief executive officer owned 1,472 shares of the company’s stock, valued at $352,440.96. This trade represents a 80.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 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 directly 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 325,880 shares of company stock valued at $78,449,679 over the last quarter. Insiders own 19.31% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on WDAY. JPMorgan Chase & Co. lowered their price objective on shares of Workday from $295.00 to $290.00 and set an “overweight” rating for the company in a research note on Friday, August 22nd. Wells Fargo & Company lowered their price objective on shares of Workday from $325.00 to $300.00 and set an “overweight” rating for the company in a research note on Monday, August 18th. Westpark Capital raised their price objective on shares of Workday from $315.00 to $328.00 and gave the company a “buy” rating in a research note on Friday, May 23rd. Stifel Nicolaus lowered their price objective on shares of Workday from $275.00 to $255.00 and set a “hold” rating for the company in a research note on Friday, August 22nd. Finally, Cantor Fitzgerald set a $265.00 price objective on shares of Workday in a research note on Thursday, August 14th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $286.81.

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.