Amundi Has $204.81 Million Stake in Workday, Inc. $WDAY

Amundi boosted its position in shares of Workday, Inc. (NASDAQ:WDAY) by 5.9% in the first quarter, Holdings Channel reports. The fund owned 896,978 shares of the software maker’s stock after acquiring an additional 49,605 shares during the period. Amundi’s holdings in Workday were worth $204,807,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position 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 during the last quarter. T. Rowe Price Investment Management Inc. lifted its position 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 during the last quarter. The Manufacturers Life Insurance Company lifted its position 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 during the last quarter. Hotchkis & Wiley Capital Management LLC lifted its position 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 during the last quarter. Finally, Parnassus Investments LLC lifted its position 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 during the last quarter. Institutional investors and hedge funds own 89.81% of the company’s stock.

Insider Activity at Workday

In other news, major shareholder David A. Duffield sold 73,971 shares of the company’s stock in a transaction that occurred on Tuesday, June 24th. The shares were sold at an average price of $238.66, for a total transaction of $17,653,918.86. Following the transaction, the insider directly owned 102,997 shares in the company, valued at approximately $24,581,264.02. This represents a 41.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Zane Rowe sold 6,000 shares of the company’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 transaction, the chief financial officer owned 178,418 shares in the company, valued at $42,747,168.62. The trade was a 3.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 318,380 shares of company stock valued at $76,586,604 over the last ninety days. Company insiders own 19.31% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on WDAY. Westpark Capital boosted their price objective on shares of Workday from $315.00 to $328.00 and gave the stock a “buy” rating in a report on Friday, May 23rd. Cantor Fitzgerald set a $265.00 price objective on shares of Workday in a report on Thursday, August 14th. Morgan Stanley set a $255.00 price objective on shares of Workday and gave the stock an “equal weight” rating in a report on Friday, May 23rd. Needham & Company LLC restated a “buy” rating and set a $300.00 price objective on shares of Workday in a report on Friday, August 22nd. Finally, Canaccord Genuity Group dropped their price objective on shares of Workday from $330.00 to $275.00 and set a “buy” rating on the stock in a report on Friday, August 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $286.81.

Workday Price Performance

NASDAQ:WDAY opened at $231.13 on Friday. The firm has a market cap of $61.71 billion, a PE ratio of 107.01, a price-to-earnings-growth ratio of 3.25 and a beta of 1.12. Workday, Inc. has a 12 month low of $205.33 and a 12 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 company’s 50-day moving average price is $230.64 and its two-hundred day moving average price is $240.41.

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

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.