Capstone Capital Management Ltd Buys 5,220 Shares of Workday, Inc. $WDAY

Capstone Capital Management Ltd purchased a new stake in Workday, Inc. (NASDAQ:WDAY) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,220 shares of the software maker’s stock, valued at approximately $994,000.

Several other hedge funds and other institutional investors have also made changes to their positions in WDAY. Lakehouse Capital Pty Ltd boosted its stake in Workday by 77.9% in the 3rd quarter. Lakehouse Capital Pty Ltd now owns 43,773 shares of the software maker’s stock worth $8,337,000 after buying an additional 19,174 shares during the last quarter. Plato Investment Management Ltd purchased a new stake in Workday in the 2nd quarter valued at about $1,115,000. S&CO Inc. purchased a new stake in Workday in the 2nd quarter valued at about $2,284,000. Sapient Capital LLC purchased a new stake in Workday in the 2nd quarter valued at about $13,045,000. Finally, Fluent Financial LLC acquired a new position in shares of Workday during the 2nd quarter valued at about $2,249,000. Institutional investors and hedge funds own 89.81% of the company’s stock.

More Workday News

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Investor enthusiasm centered on Workday’s AI push, including its partnership with Anthropic to connect Claude with Workday Sana and its HR and finance business-rule framework. The company also introduced infrastructure for building and governing AI agents and plans to acquire C1.ai, an identity platform intended to secure access for employees and AI agents. Management reiterated long-term targets of approximately 11% subscription growth and a non-GAAP operating margin above 33%. Workday rises on AI product push, Anthropic partnership, and C1.ai deal
• Positive Sentiment: Workday was named a Leader in Gartner’s 2026 Magic Quadrant for Cloud ERP Finance. The recognition may strengthen the company’s credibility with enterprise customers and support its positioning in cloud finance software. Workday Named a Leader in 2026 Gartner Magic Quadrant for Cloud ERP Finance
• Positive Sentiment: A valuation analysis from GuruFocus described WDAY as undervalued based on its GF Value, suggesting potential upside despite the recent advance. Is It Too Late to Buy Workday After Rally?
• Neutral Sentiment: KeyCorp maintained a “Sector Weight” rating while publishing 2028 quarterly EPS estimates ranging from $1.71 to $2.27. The estimates indicate expected earnings growth but do not represent a bullish rating change.
• Negative Sentiment: KeyBanc downgraded Workday to “Sector Weight,” adding pressure to the investment case. Separately, 10 analyst price targets carried a median of $154.50, well below the current trading level, implying valuation concerns. Workday Shares Fall on KeyBanc Downgrade
• Negative Sentiment: Insider activity was heavily skewed toward selling: company insiders made 149 sales and no purchases over the past six months. Institutional positioning was mixed, with 476 investors adding shares and 481 reducing positions.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Weiss Ratings upgraded shares of Workday from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, September 18th. Lake Street Capital set a $205.00 target price on shares of Workday in a report on Friday, August 14th. BTIG Research reaffirmed a “neutral” rating on shares of Workday in a research report on Friday. Piper Sandler increased their price target on shares of Workday from $145.00 to $190.00 and gave the stock a “neutral” rating in a research note on Friday, August 28th. Finally, Capital One Financial set a $219.00 price target on shares of Workday and gave the stock an “equal weight” rating in a research note 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $205.03.

Insider Buying and Selling at Workday

In related news, major shareholder David Duffield sold 100,780 shares of the company’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $185.64, for a total transaction of $18,708,799.20. Following the completion of the sale, the insider directly owned 105,049 shares of the company’s stock, valued at approximately $19,501,296.36. This represents a 48.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 988,104 shares of company stock worth $188,811,574. Insiders own 18.64% of the company’s stock.

Workday Trading Up 4.5%

Shares of WDAY stock opened at $203.98 on Wednesday. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.31. Workday, Inc. has a fifty-two week low of $110.36 and a fifty-two week high of $247.40. The firm’s 50 day moving average price is $192.45 and its two-hundred day moving average price is $154.82. The stock has a market cap of $49.16 billion, a price-to-earnings ratio of 41.38, a price-to-earnings-growth ratio of 1.96 and a beta of 1.07.

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

About Workday

Workday, Inc is an enterprise software company that provides cloud-based applications for managing human resources, finance and business operations. Its platform is designed to help organizations manage workforce information, accounting, financial reporting, procurement, expenses and other core business processes through a unified software environment.

The company’s products include human capital management, financial management, financial planning, spend management, payroll, recruiting, talent management, workforce planning, analytics and reporting solutions.