Workday, Inc. $WDAY Shares Sold by Vontobel Holding Ltd.

Vontobel Holding Ltd. lessened its stake in Workday, Inc. (NASDAQ:WDAY) by 12.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,416 shares of the software maker’s stock after selling 3,749 shares during the quarter. Vontobel Holding Ltd.’s holdings in Workday were worth $5,031,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. TD Waterhouse Canada Inc. increased its stake in Workday by 842.9% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 40,941 shares of the software maker’s stock valued at $7,652,000 after purchasing an additional 36,599 shares in the last quarter. Cyndeo Wealth Partners LLC purchased a new position in Workday in the third quarter worth about $1,908,000. Assenagon Asset Management S.A. raised its holdings in Workday by 2.7% in the third quarter. Assenagon Asset Management S.A. now owns 385,790 shares of the software maker’s stock worth $73,478,000 after buying an additional 10,087 shares during the last quarter. Ninety One UK Ltd purchased a new position in Workday in the third quarter worth about $590,000. Finally, WealthPlan Investment Management LLC bought a new position in shares of Workday in the third quarter worth approximately $206,000. Institutional investors own 89.81% of the company’s stock.

Workday Price Performance

NASDAQ WDAY opened at $190.81 on Friday. Workday, Inc. has a one year low of $110.36 and a one year high of $247.40. The stock has a 50-day moving average of $191.78 and a 200 day moving average of $153.66. The company has a market capitalization of $45.99 billion, a price-to-earnings ratio of 38.70, a PEG ratio of 1.91 and a beta of 1.07. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.91 and a current ratio of 0.91.

Workday (NASDAQ:WDAY) last issued its earnings results on Thursday, August 27th. The software maker reported $2.75 earnings per share for the quarter, topping analysts’ consensus estimates of $2.61 by $0.14. The business had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.64 billion. Workday had a return on equity of 20.95% and a net margin of 12.32%. Workday’s revenue was up 12.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.21 EPS. On average, sell-side analysts forecast that Workday, Inc. will post 5.33 EPS for the current year.

Insider Activity

In other news, insider Gerrit Kazmaier sold 2,729 shares of Workday stock in a transaction that occurred on Tuesday, October 6th. The shares were sold at an average price of $187.28, for a total value of $511,087.12. Following the completion of the sale, the insider directly owned 251,314 shares in the company, valued at $47,066,085.92. The trade was a 1.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 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. Also, insider Robert Enslin sold 5,374 shares of the business’s stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $187.00, for a total transaction of $1,004,938.00. Following the transaction, the insider directly owned 226,233 shares of the company’s stock, valued at $42,305,571. The trade was a 2.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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. Over the last 90 days, insiders have sold 988,104 shares of company stock worth $188,811,574. 18.64% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Sanford C. Bernstein increased their price target on shares of Workday from $216.00 to $238.00 and gave the company an “outperform” rating in a report on Friday, August 28th. Barclays raised their price target on shares of Workday from $200.00 to $224.00 and gave the company an “overweight” rating in a research report on Friday, August 28th. William Blair restated an “outperform” rating on shares of Workday in a report on Friday, August 28th. Freedom Broker lowered shares of Workday from a “buy” rating to a “hold” rating and boosted their price objective for the stock from $180.00 to $200.00 in a report on Friday, August 28th. Finally, TD Cowen lowered their price objective on Workday from $220.00 to $210.00 and set a “hold” rating on the stock in a research report on Friday, August 28th. Nineteen equities research analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $205.03.

Workday News Roundup

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Workday’s agentic-AI strategy remains a potential long-term growth driver. BTIG said the company’s investor-day presentation showed progress with Sana, Decision Intelligence and other AI products that could support customer adoption and future monetization. BTIG Workday AI analysis
• Positive Sentiment: Workday’s agreement to acquire C1.ai could strengthen identity, security and governance capabilities for employees and AI agents, although financial terms and the earnings impact were not disclosed. Workday C1.ai acquisition coverage
• Neutral Sentiment: BTIG maintained a Hold rating, saying AI monetization is still at an early stage and the stock’s valuation appears broadly fair. BTIG Hold rating
• Negative Sentiment: Stifel raised its price target to $175 but kept a Hold rating, leaving the target below the recent trading level and reinforcing valuation concerns. Stifel price target update
• Negative Sentiment: Multiple cautious analyst notes are offsetting the bullish AI narrative. Investors are questioning whether slowing growth and tighter HR spending will delay returns on Workday’s AI investments, while insider sales—including a Rule 10b5-1 sale of 918 shares by Chief Accounting Officer Mark Garfield—add modestly negative sentiment. Workday insider sale

Workday Company Profile

Workday, Inc develops cloud-based enterprise software for managing an organization’s people, finances and operations. Its platform is primarily used by businesses, government agencies and educational institutions to support human resources, finance, planning, analytics and related administrative processes.

The company’s offerings include Workday Human Capital Management, Financial Management, Adaptive Planning, Spend Management, payroll, recruiting, talent management, learning and workforce analytics.