Workday, Inc. $WDAY Shares Purchased by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH raised its holdings in shares of Workday, Inc. (NASDAQ:WDAY) by 8.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 245,793 shares of the software maker’s stock after purchasing an additional 19,458 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.09% of Workday worth $58,990,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of WDAY. Nuveen LLC bought a new stake in shares of Workday during the 1st quarter valued at about $456,341,000. T. Rowe Price Investment Management Inc. boosted its stake in Workday by 47.5% in the first quarter. T. Rowe Price Investment Management Inc. now owns 3,764,598 shares of the software maker’s stock valued at $879,147,000 after acquiring an additional 1,211,659 shares during the period. Hotchkis & Wiley Capital Management LLC grew its holdings in shares of Workday by 35.6% during the first quarter. Hotchkis & Wiley Capital Management LLC now owns 3,479,105 shares of the software maker’s stock valued at $812,475,000 after purchasing an additional 913,613 shares during the last quarter. Generation Investment Management LLP raised its position in shares of Workday by 36.6% during the 1st quarter. Generation Investment Management LLP now owns 2,903,767 shares of the software maker’s stock worth $678,117,000 after purchasing an additional 778,301 shares during the period. Finally, Parnassus Investments LLC raised its position in shares of 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 purchasing an additional 548,694 shares during the period. 89.81% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Guggenheim upgraded Workday from a “neutral” rating to a “buy” rating and set a $285.00 price objective for the company in a research report on Wednesday, September 17th. Bank of America reduced their price target on shares of Workday from $295.00 to $278.00 and set a “buy” rating for the company in a report on Tuesday, August 19th. Zacks Research lowered shares of Workday from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 30th. Needham & Company LLC reiterated a “buy” rating and issued a $300.00 price objective on shares of Workday in a research report on Wednesday, September 17th. Finally, JMP Securities reissued a “market outperform” rating and set a $315.00 target price on shares of Workday in a research note on Wednesday, September 17th. Two analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $287.86.

Insider Transactions at Workday

In other news, CAO Mark S. Garfield sold 1,915 shares of the firm’s stock in a transaction dated Thursday, October 9th. The shares were sold at an average price of $238.96, for a total transaction of $457,608.40. Following the completion of the transaction, the chief accounting officer owned 37,351 shares in the company, valued at approximately $8,925,394.96. This trade represents a 4.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Zane Rowe sold 6,000 shares of the stock in a transaction that occurred on Tuesday, October 7th. The shares were sold at an average price of $232.62, for a total transaction of $1,395,720.00. Following the sale, the chief financial officer directly owned 168,468 shares of the company’s stock, valued at approximately $39,189,026.16. This represents a 3.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 264,933 shares of company stock valued at $61,475,760 over the last three months. 20.00% of the stock is owned by company insiders.

Workday Price Performance

WDAY traded down $1.59 on Monday, reaching $229.24. The company had a trading volume of 123,362 shares, compared to its average volume of 2,546,638. The company has a market capitalization of $61.21 billion, a P/E ratio of 106.29, a PEG ratio of 2.88 and a beta of 1.11. The company has a current ratio of 2.10, a quick ratio of 2.10 and a debt-to-equity ratio of 0.33. The company has a fifty day moving average of $234.43 and a 200-day moving average of $237.90. Workday, Inc. has a one year low of $205.33 and a one year high of $294.00.

Workday (NASDAQ:WDAY) last issued its quarterly earnings results on Thursday, August 21st. The software maker reported $2.21 earnings per share for the quarter, topping analysts’ consensus estimates of $2.09 by $0.12. The company had revenue of $2.35 billion during 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 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 business posted $1.75 EPS. Workday has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. As a group, equities research analysts anticipate that Workday, Inc. will post 2.63 earnings per share for the current year.

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.