Banque Cantonale Vaudoise Sells 4,892 Shares of Workday, Inc. $WDAY

Banque Cantonale Vaudoise lowered its position in Workday, Inc. (NASDAQ:WDAY) by 60.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,265 shares of the software maker’s stock after selling 4,892 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Workday were worth $701,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in shares of Workday in the fourth quarter valued at approximately $278,000. Handelsbanken Fonder AB increased its stake in shares of Workday by 25.4% in the fourth quarter. Handelsbanken Fonder AB now owns 81,155 shares of the software maker’s stock valued at $17,430,000 after buying an additional 16,456 shares during the period. Profund Advisors LLC increased its stake in shares of Workday by 0.8% in the fourth quarter. Profund Advisors LLC now owns 28,072 shares of the software maker’s stock valued at $6,029,000 after buying an additional 220 shares during the period. ProShare Advisors LLC increased its stake in shares of Workday by 34.5% in the fourth quarter. ProShare Advisors LLC now owns 384,198 shares of the software maker’s stock valued at $82,518,000 after buying an additional 98,607 shares during the period. Finally, Ironwood Investment Counsel LLC increased its stake in shares of Workday by 15.6% in the fourth quarter. Ironwood Investment Counsel LLC now owns 29,222 shares of the software maker’s stock valued at $6,276,000 after buying an additional 3,953 shares during the period. Institutional investors and hedge funds own 89.81% of the company’s stock.

Insider Buying and Selling

In other Workday news, major shareholder David A. Duffield sold 107,500 shares of the stock in a transaction that occurred on Tuesday, March 31st. The stock was sold at an average price of $129.76, for a total transaction of $13,949,200.00. Following the transaction, the insider directly owned 105,049 shares in the company, valued at approximately $13,631,158.24. This represents a 50.58% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Gerrit S. Kazmaier sold 9,356 shares of the stock in a transaction on Tuesday, April 7th. The stock was sold at an average price of $128.39, for a total value of $1,201,216.84. Following the completion of the transaction, the insider owned 165,074 shares in the company, valued at approximately $21,193,850.86. This represents a 5.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 989,814 shares of company stock worth $131,576,291 over the last 90 days. Company insiders own 18.64% of the company’s stock.

More Workday News

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Workday posted Q1 adjusted EPS of $2.66 versus estimates of $2.49, while revenue rose 13.5% year over year to $2.54 billion, topping forecasts. Workday Announces Fiscal 2027 First Quarter Financial Results
• Positive Sentiment: Management raised its full-year non-GAAP operating margin guidance to 30.5%, signaling stronger profitability and helping fuel the stock’s rebound. Workday pops as Q1 results guidance top estimates
• Positive Sentiment: Analysts highlighted growing AI monetization, noting that Workday’s AI features and agentic roadmap are starting to show up in contract value and customer adoption. Workday’s AI Momentum Continues as Solid Q1 Results Posted, RBC Says
• Positive Sentiment: Several Wall Street firms responded with constructive commentary and price-target updates after the beat, reinforcing sentiment that the quarter was solid and the setup remains favorable. These Analysts Revise Their Forecasts On Workday Following Q1 Results
• Neutral Sentiment: Some analysts remain cautious, calling the post-earnings move more of a relief rally and noting that the stock is still expensive relative to fundamentals. WDAY Stock’s Gains Following Q1 Beat Fails to Unite Wall Street – This Analyst Believes Post-Earnings Rise Feels More Like Relief Rally
• Negative Sentiment: Citi and other firms trimmed price targets, reflecting lingering concerns about valuation and execution even after the strong quarter. Workday Rallies On ‘Low Bar’ Beat As AI Starts To Show Up In Contract Value

Workday Price Performance

Workday stock opened at $128.14 on Friday. The stock has a market capitalization of $32.93 billion, a price-to-earnings ratio of 40.04, a PEG ratio of 1.18 and a beta of 1.04. Workday, Inc. has a 52-week low of $110.36 and a 52-week high of $257.09. The stock’s 50 day moving average price is $125.91 and its two-hundred day moving average price is $169.28. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.32 and a current ratio of 1.32.

Workday (NASDAQ:WDAY) last posted its quarterly earnings results on Thursday, May 21st. The software maker reported $2.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.51 by $0.15. The firm had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.52 billion. Workday had a return on equity of 13.92% and a net margin of 8.60%.The company’s revenue for the quarter was up 13.5% compared to the same quarter last year. During the same period in the prior year, the business earned $2.23 EPS. On average, equities analysts predict that Workday, Inc. will post 5.11 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Citigroup reissued a “market perform” rating on shares of Workday in a research report on Friday. Wall Street Zen raised shares of Workday from a “hold” rating to a “buy” rating in a research report on Saturday, March 28th. Mizuho decreased their target price on shares of Workday from $275.00 to $210.00 and set an “outperform” rating for the company in a research report on Wednesday, February 25th. UBS Group increased their target price on shares of Workday from $130.00 to $140.00 and gave the company a “neutral” rating in a research report on Friday. Finally, Raymond James Financial reissued a “market perform” rating on shares of Workday in a research report on Monday, February 9th. Nineteen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $189.48.

Workday Company Profile

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.