Workday, Inc. $WDAY Shares Sold by Raiffeisen Bank International AG

Raiffeisen Bank International AG lessened its position in Workday, Inc. (NASDAQ:WDAY) by 3.3% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 150,121 shares of the software maker’s stock after selling 5,068 shares during the period. Raiffeisen Bank International AG’s holdings in Workday were worth $35,047,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of WDAY. AlphaQuest LLC grew its position in Workday by 636.7% in the second quarter. AlphaQuest LLC now owns 1,886 shares of the software maker’s stock worth $453,000 after buying an additional 1,630 shares during the last quarter. Chicago Capital LLC raised its position in shares of Workday by 2.2% during the second quarter. Chicago Capital LLC now owns 175,802 shares of the software maker’s stock worth $42,193,000 after purchasing an additional 3,824 shares during the period. State of Alaska Department of Revenue boosted its position in shares of Workday by 21.1% in the 2nd quarter. State of Alaska Department of Revenue now owns 30,370 shares of the software maker’s stock valued at $7,288,000 after purchasing an additional 5,300 shares during the period. One Degree Advisors Inc purchased a new position in Workday in the 2nd quarter worth about $369,000. Finally, LBP AM SA raised its holdings in Workday by 23.4% during the 2nd quarter. LBP AM SA now owns 50,676 shares of the software maker’s stock worth $12,162,000 after buying an additional 9,606 shares during the period. 89.81% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Workday

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

Analyst Ratings Changes

A number of research firms have recently issued reports on WDAY. Citigroup boosted their price target on shares of Workday from $260.00 to $261.00 and gave the company a “neutral” rating in a report on Monday, November 3rd. BMO Capital Markets reduced their target price on Workday from $314.00 to $285.00 and set an “outperform” rating for the company in a report on Friday, August 22nd. Barclays lifted their price target on Workday from $285.00 to $288.00 and gave the company an “overweight” rating in a report on Thursday, September 18th. Piper Sandler upgraded Workday from an “underweight” rating to a “neutral” rating and raised their price objective for the stock from $220.00 to $235.00 in a research report on Wednesday, September 17th. Finally, DA Davidson increased their price target on shares of Workday from $225.00 to $260.00 and gave the stock a “neutral” rating in a research report on Friday, September 19th. Two analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $287.86.

Workday Price Performance

NASDAQ WDAY opened at $230.82 on Monday. The company has a 50 day moving average price of $234.43 and a two-hundred day moving average price of $237.90. Workday, Inc. has a 12-month low of $205.33 and a 12-month high of $294.00. The stock has a market capitalization of $61.63 billion, a PE ratio of 106.86, a price-to-earnings-growth ratio of 2.88 and a beta of 1.11. The company has a quick ratio of 2.10, a current ratio of 2.10 and a debt-to-equity ratio of 0.33.

Workday (NASDAQ:WDAY) last released its quarterly earnings data on Thursday, August 21st. The software maker reported $2.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.09 by $0.12. Workday had a net margin of 6.51% and a return on equity of 9.74%. The business had revenue of $2.35 billion during the quarter, compared to analyst estimates of $2.34 billion. During the same quarter in the previous year, the business earned $1.75 EPS. Workday’s quarterly 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. As a group, equities analysts predict that Workday, Inc. will post 2.63 earnings per share for the current fiscal year.

Workday 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.