Workday, Inc. $WDAY Shares Purchased by Three Bridge Wealth Advisors LLC

Three Bridge Wealth Advisors LLC raised its holdings in shares of Workday, Inc. (NASDAQ:WDAY) by 8.9% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,017 shares of the software maker’s stock after purchasing an additional 165 shares during the quarter. Three Bridge Wealth Advisors LLC’s holdings in Workday were worth $484,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Private Trust Co. NA grew its position in shares of Workday by 15.2% in the 1st quarter. Private Trust Co. NA now owns 318 shares of the software maker’s stock worth $74,000 after acquiring an additional 42 shares in the last quarter. Whittier Trust Co. of Nevada Inc. raised its stake in shares of Workday by 15.0% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 353 shares of the software maker’s stock worth $82,000 after buying an additional 46 shares in the last quarter. AE Wealth Management LLC raised its stake in shares of Workday by 0.4% in the 1st quarter. AE Wealth Management LLC now owns 11,896 shares of the software maker’s stock worth $2,778,000 after buying an additional 46 shares in the last quarter. Bristlecone Advisors LLC raised its stake in shares of Workday by 1.6% in the 1st quarter. Bristlecone Advisors LLC now owns 2,968 shares of the software maker’s stock worth $693,000 after buying an additional 47 shares in the last quarter. Finally, Equitable Trust Co. raised its stake in shares of Workday by 4.0% in the 1st quarter. Equitable Trust Co. now owns 1,257 shares of the software maker’s stock worth $294,000 after buying an additional 48 shares in the last quarter. Institutional investors and hedge funds own 89.81% of the company’s stock.

Workday Price Performance

NASDAQ WDAY opened at $236.48 on Friday. Workday, Inc. has a twelve month low of $205.33 and a twelve month high of $294.00. 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 stock has a market capitalization of $63.14 billion, a PE ratio of 109.48, a P/E/G ratio of 2.95 and a beta of 1.10. The stock has a 50-day simple moving average of $230.06 and a 200 day simple moving average of $237.38.

Workday (NASDAQ:WDAY) last posted 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 return on equity of 9.74% and a net margin of 6.51%.The business had revenue of $2.35 billion during the quarter, compared to analysts’ expectations of $2.34 billion. During the same quarter in the previous year, the firm earned $1.75 EPS. The firm’s revenue was up 12.6% compared to the same quarter last year. Workday has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. Research analysts anticipate that Workday, Inc. will post 2.63 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on WDAY. Wall Street Zen upgraded Workday from a “hold” rating to a “buy” rating in a report on Sunday, July 13th. JPMorgan Chase & Co. decreased their target price on Workday from $295.00 to $290.00 and set an “overweight” rating on the stock in a report on Friday, August 22nd. KeyCorp decreased their target price on Workday from $325.00 to $285.00 and set an “overweight” rating on the stock in a report on Friday, August 22nd. UBS Group set a $304.00 target price on Workday in a report on Friday, August 22nd. Finally, Stifel Nicolaus decreased their target price on Workday from $275.00 to $255.00 and set a “hold” rating on the stock in a report on Friday, August 22nd. Three research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $287.83.

Insider Buying and Selling at Workday

In other Workday news, CEO Carl M. Eschenbach sold 6,250 shares of the company’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $237.52, for a total value of $1,484,500.00. Following the completion of the transaction, the chief executive officer owned 20,222 shares of the company’s stock, valued at $4,803,129.44. This represents a 23.61% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, major shareholder David A. Duffield sold 78,564 shares of the company’s stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $220.12, for a total value of $17,293,507.68. Following the completion of the transaction, the insider directly owned 102,997 shares of the company’s stock, valued at approximately $22,671,699.64. This trade represents a 43.27% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 253,254 shares of company stock worth $58,996,376 in the last ninety days. 19.31% of the stock is owned by insiders.

About Workday

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.