Workday, Inc. $WDAY Shares Sold by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. lowered its position in Workday, Inc. (NASDAQ:WDAY) by 7.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 81,356 shares of the software maker’s stock after selling 6,593 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Workday were worth $17,474,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in shares of Workday by 14.7% during the 4th quarter. Vanguard Group Inc. now owns 25,009,288 shares of the software maker’s stock valued at $5,371,495,000 after acquiring an additional 3,210,232 shares during the period. State Street Corp lifted its position in shares of Workday by 0.8% during the 3rd quarter. State Street Corp now owns 9,674,568 shares of the software maker’s stock valued at $2,328,959,000 after acquiring an additional 74,052 shares during the period. Hotchkis & Wiley Capital Management LLC lifted its position in shares of Workday by 47.5% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 5,842,491 shares of the software maker’s stock valued at $1,406,463,000 after acquiring an additional 1,882,391 shares during the period. Geode Capital Management LLC lifted its position in shares of Workday by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 5,091,926 shares of the software maker’s stock valued at $1,089,970,000 after acquiring an additional 75,922 shares during the period. Finally, First Eagle Investment Management LLC lifted its position in shares of Workday by 87.8% during the 4th quarter. First Eagle Investment Management LLC now owns 4,338,773 shares of the software maker’s stock valued at $931,882,000 after acquiring an additional 2,028,085 shares during the period. 89.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Monness Crespi & Hardt upgraded shares of Workday to a “hold” rating in a research report on Friday, May 22nd. Cantor Fitzgerald reduced their price target on shares of Workday from $200.00 to $160.00 and set an “overweight” rating for the company in a research report on Wednesday, May 20th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Workday in a research report on Friday, May 22nd. Raymond James Financial reiterated a “market perform” rating on shares of Workday in a research report on Monday, February 9th. Finally, Wolfe Research reiterated an “outperform” rating and set a $160.00 price target on shares of Workday in a research report on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $185.03.

Workday Trading Down 5.3%

Shares of Workday stock opened at $148.88 on Wednesday. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.01 and a quick ratio of 1.01. Workday, Inc. has a 1 year low of $110.36 and a 1 year high of $257.09. The company has a market capitalization of $36.77 billion, a P/E ratio of 46.53, a P/E/G ratio of 1.73 and a beta of 1.09. The business has a 50 day moving average price of $126.08 and a 200 day moving average price of $164.85.

Workday (NASDAQ:WDAY) last issued its quarterly earnings data on Thursday, May 21st. The software maker reported $2.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.51 by $0.15. Workday had a return on equity of 14.75% and a net margin of 8.60%.The firm had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.52 billion. During the same period in the previous year, the firm posted $2.23 EPS. The company’s quarterly revenue was up 13.5% compared to the same quarter last year. Sell-side analysts anticipate that Workday, Inc. will post 5.19 EPS for the current fiscal year.

Insider Transactions at Workday

In other Workday news, CFO Zane Rowe sold 6,000 shares of Workday stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $128.22, for a total value of $769,320.00. Following the completion of the sale, the chief financial officer directly owned 217,930 shares of the company’s stock, valued at approximately $27,942,984.60. The trade was a 2.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 5,373 shares of Workday stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $129.41, for a total transaction of $695,319.93. Following the completion of the sale, the insider directly owned 165,414 shares of the company’s stock, valued at $21,406,225.74. The trade was a 3.15% 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. Insiders sold 882,314 shares of company stock worth $117,128,291 in the last three months. 18.64% of the stock is currently owned by company insiders.

Key Headlines Impacting Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Workday announced a new integration between Workday Data Cloud and AWS, giving developers bi-directional, zero-copy access to governed HR and finance data. That could strengthen Workday’s AI/data platform story and make its tools more attractive to enterprise customers. Article Title
• Positive Sentiment: The company also unveiled new developer tools for building, connecting, and verifying AI agents in HR, finance, and IT, including Developer Agent, Agent-Ready Tools, and Agent Passport. These launches reinforce Workday’s positioning as an enterprise AI platform and may support longer-term growth. Article Title
• Positive Sentiment: Workday introduced Agent Passport, a security and compliance framework for testing and monitoring AI agents, with Cisco as a launch partner. That could help ease enterprise concerns about deploying AI agents in sensitive workflows. Article Title
• Neutral Sentiment: Broader market news showed software-related stocks attracting retail buying and major indexes trading higher, which may provide some support to sentiment around software names like Workday. Article Title
• Negative Sentiment: A separate article noted that Workday fell despite its DevCon AI announcements, implying the market may be focused more on doubts about near-term monetization or the stock’s rich valuation than on the product news alone. Article Title
• Negative Sentiment: Recent commentary also highlighted Workday’s weaker longer-term stock performance and a debate over valuation multiples, which could be weighing on investor sentiment even as the company expands its AI roadmap. Article Title

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.