MassMutual Private Wealth & Trust FSB Cuts Stake in Workday, Inc. $WDAY

MassMutual Private Wealth & Trust FSB cut its holdings in Workday, Inc. (NASDAQ:WDAY) by 60.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,566 shares of the software maker’s stock after selling 12,880 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in Workday were worth $2,062,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in WDAY. Rakuten Securities Inc. purchased a new position in shares of Workday in the 2nd quarter worth $25,000. Berbice Capital Management LLC increased its stake in shares of Workday by 136.4% in the second quarter. Berbice Capital Management LLC now owns 130 shares of the software maker’s stock worth $31,000 after purchasing an additional 75 shares in the last quarter. Golden State Wealth Management LLC raised its stake in Workday by 2,216.7% during the 2nd quarter. Golden State Wealth Management LLC now owns 139 shares of the software maker’s stock valued at $33,000 after purchasing an additional 133 shares during the period. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Workday during the second quarter valued at approximately $41,000. Finally, Physician Wealth Advisors Inc. purchased a new stake in Workday in the 2nd quarter worth $42,000. Hedge funds and other institutional investors own 89.81% of the company’s stock.

Insider Transactions at Workday

In other news, insider Gerrit S. Kazmaier sold 3,759 shares of the firm’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $208.73, for a total transaction of $784,616.07. Following the completion of the sale, the insider owned 105,167 shares in the company, valued at $21,951,507.91. This trade represents a 3.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Richard Harry Sauer sold 1,130 shares of the company’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $210.00, for a total value of $237,300.00. Following the completion of the transaction, the insider owned 85,398 shares in the company, valued at $17,933,580. This represents a 1.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 291,877 shares of company stock valued at $62,549,989 in the last three months. 19.31% of the stock is currently owned by corporate insiders.

Trending Headlines about Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: An independent intrinsic‑value writeup argued WDAY could be materially undervalued (~40% upside), highlighting potential longer‑term upside versus current market pricing. An Intrinsic Calculation For Workday, Inc. (NASDAQ:WDAY) Suggests It’s 40% Undervalued
• Positive Sentiment: Workday added a Workday‑certified integration (Euna Marketplace) to its Marketplace, which can incrementally strengthen ecosystem adoption in the public sector and support incremental SaaS purchases and integrations. Euna Solutions’ Marketplace Achieves Workday Certified Integration
• Negative Sentiment: Multiple insiders executed sizeable sales over Jan 5–6, which can be perceived as a near‑term negative signal for sentiment — CEO Carl Eschenbach sold 3,125 shares at ~$210. SEC Filing — Carl M. Eschenbach Form 4
• Negative Sentiment: CFO Zane Rowe sold 6,000 shares at an average of $208.75 (~$1.25M), a ~3.6% reduction in his holding — a sale from the finance chief that can draw investor attention. SEC Filing — Zane Rowe Form 4
• Negative Sentiment: Long‑time insider Robert Enslin sold 22,185 shares (~$4.66M) — a 17.3% cut to his position — the largest of the reported transactions and the most likely to influence investor perception. SEC Filing — Robert Enslin Form 4
• Negative Sentiment: Other insider sales: Gerrit S. Kazmaier sold 3,759 shares (~$785k) and Richard H. Sauer sold 1,130 shares (~$237k), both modest but additive to the overall selling narrative. SEC Filing — Gerrit S. Kazmaier Form 4 SEC Filing — Richard H. Sauer Form 4

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. BTIG Research assumed coverage on Workday in a research report on Tuesday, December 16th. They set a “buy” rating and a $285.00 target price for the company. Citigroup reduced their price objective on shares of Workday from $261.00 to $247.00 and set a “neutral” rating for the company in a research note on Wednesday, November 26th. Barclays decreased their price objective on shares of Workday from $288.00 to $280.00 and set an “overweight” rating for the company in a research report on Wednesday, November 26th. Cowen reaffirmed a “buy” rating on shares of Workday in a research report on Wednesday, November 26th. Finally, Evercore ISI upped their price objective on shares of Workday from $275.00 to $300.00 and gave the company an “outperform” rating in a report on Wednesday, September 17th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $281.59.

Workday Price Performance

Workday stock opened at $211.11 on Thursday. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 0.34. The company has a fifty day simple moving average of $220.97 and a 200-day simple moving average of $228.80. The firm has a market capitalization of $55.52 billion, a price-to-earnings ratio of 88.70, a PEG ratio of 2.37 and a beta of 1.14. Workday, Inc. has a 52-week low of $202.22 and a 52-week high of $283.68.

Workday (NASDAQ:WDAY) last announced its quarterly earnings data on Tuesday, November 25th. The software maker reported $2.32 EPS for the quarter, topping analysts’ consensus estimates of $2.17 by $0.15. The firm had revenue of $2.43 billion for the quarter, compared to the consensus estimate of $2.42 billion. Workday had a return on equity of 10.50% and a net margin of 6.95%.The firm’s revenue was up 12.6% compared to the same quarter last year. During the same quarter last year, the business posted $1.89 earnings per share. On average, equities analysts anticipate that Workday, Inc. will post 2.63 EPS for the current fiscal year.

About Workday

Workday, Inc (NASDAQ: WDAY) is a provider of cloud-based enterprise applications focused on human capital management (HCM) and financial management. Founded in 2005 by Dave Duffield and Aneel Bhusri following their tenure at PeopleSoft, the company develops software-as-a-service solutions that help organizations manage workforce and financial processes in a unified, cloud-native environment. Workday’s platform emphasizes continuous updates, data security, and a configurable architecture aimed at large and mid-sized enterprises.

The company’s product portfolio centers on Workday Human Capital Management and Workday Financial Management, with additional offerings for payroll, talent management, workforce planning and analytics.