Workday, Inc. $WDAY Stake Lifted by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in Workday, Inc. (NASDAQ:WDAY) by 5.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 449,573 shares of the software maker’s stock after buying an additional 23,518 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.17% of Workday worth $108,226,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. AlphaCore Capital LLC lifted its position in Workday by 26.5% in the 3rd quarter. AlphaCore Capital LLC now owns 1,918 shares of the software maker’s stock valued at $462,000 after purchasing an additional 402 shares during the last quarter. US Bancorp DE raised its holdings in shares of Workday by 36.1% during the third quarter. US Bancorp DE now owns 127,601 shares of the software maker’s stock valued at $30,717,000 after buying an additional 33,858 shares during the last quarter. RWA Wealth Partners LLC grew its holdings in Workday by 6.5% in the 3rd quarter. RWA Wealth Partners LLC now owns 21,114 shares of the software maker’s stock worth $5,083,000 after buying an additional 1,292 shares in the last quarter. TD Asset Management Inc raised its stake in Workday by 42.6% during the 3rd quarter. TD Asset Management Inc now owns 163,034 shares of the software maker’s stock valued at $39,247,000 after acquiring an additional 48,729 shares in the last quarter. Finally, Palumbo Wealth Management LLC increased its holdings in shares of Workday by 27.8% during the third quarter. Palumbo Wealth Management LLC now owns 2,539 shares of the software maker’s stock valued at $591,000 after purchasing an additional 552 shares during the period. Institutional investors and hedge funds own 89.81% of the company’s stock.

Workday News Roundup

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Q4 results beat — Workday reported stronger-than-expected Q4 revenue and EPS with subscription growth and margin expansion, a fundamental positive that supports long?term revenue/unit economics. Workday Q4 Earnings Beat (Zacks)
• Positive Sentiment: Selective analyst support remains — Several firms (Needham, Guggenheim and others) continue Buy/Outperform calls with high price targets, underwriting upside if execution and guidance normalize. Needham Buy Rating (American Banking News)
• Neutral Sentiment: Partnerships and product moves — New offerings such as the Insperity HRScale rollout expand SMB reach but are not game?changing near term. Insperity HRScale (Yahoo)
• Negative Sentiment: Weak FY27 subscription guidance — Management’s below?consensus subscription revenue outlook and comments on longer deal timelines triggered the selloff and renewed AI?disruption concerns. Workday tumbles on dour outlook (Reuters)
• Negative Sentiment: Widespread analyst price?target cuts and downgrades — A cluster of PT reductions (UBS, Piper Sandler, DA Davidson, Goldman and others) has amplified selling pressure and market uncertainty. Analysts cut forecasts (Benzinga)
• Negative Sentiment: Short interest jumped (~34% month over month) — Rising short activity adds downward pressure and increases volatility risk until sentiment stabilizes.
• Negative Sentiment: Public skepticism and investor headlines — High?profile critics (including Jim Cramer) questioning Workday’s transition and AI positioning have contributed to negative sentiment. Jim Cramer comments (Yahoo)
• Negative Sentiment: Recent firm?level downgrades (Citigroup, UBS, Piper Sandler) — New cuts to price targets and neutral/hold stances (including a Citigroup PT reset to $148) sustain selling momentum. Analyst PT changes (Benzinga)

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Morgan Stanley reduced their price objective on shares of Workday from $280.00 to $200.00 and set an “equal weight” rating for the company in a report on Monday. Sanford C. Bernstein decreased their price objective on shares of Workday from $298.00 to $214.00 and set an “outperform” rating for the company in a report on Wednesday. Citigroup lowered their price objective on shares of Workday from $247.00 to $148.00 and set a “neutral” rating on the stock in a research note on Thursday. Jefferies Financial Group lowered Workday from a “buy” rating to a “hold” rating and decreased their price target for the company from $325.00 to $150.00 in a research note on Monday. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $200.00 price target on shares of Workday in a research report on Monday. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and fifteen have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $205.19.

Insiders Place Their Bets

In other Workday news, CFO Zane Rowe sold 6,000 shares of the business’s stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $208.75, for a total transaction of $1,252,500.00. Following the sale, the chief financial officer owned 159,158 shares in the company, valued at approximately $33,224,232.50. The trade was a 3.63% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Robert Enslin sold 22,185 shares of the company’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $210.17, for a total transaction of $4,662,621.45. Following the sale, the insider directly owned 106,330 shares of the company’s stock, valued at $22,347,376.10. This represents a 17.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 370,321 shares of company stock worth $78,866,401 over the last three months. Company insiders own 19.31% of the company’s stock.

Workday Price Performance

NASDAQ WDAY opened at $139.11 on Friday. The stock has a market capitalization of $36.59 billion, a P/E ratio of 53.92, a P/E/G ratio of 1.14 and a beta of 1.13. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.83 and a current ratio of 1.32. The business’s fifty day moving average is $181.23 and its two-hundred day moving average is $212.44. Workday, Inc. has a 1 year low of $117.76 and a 1 year high of $276.00.

Workday (NASDAQ:WDAY) last issued its earnings results on Tuesday, February 24th. The software maker reported $2.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.32 by $0.15. The business had revenue of $2.53 billion for the quarter, compared to analysts’ expectations of $2.52 billion. Workday had a return on equity of 13.37% and a net margin of 7.26%.The company’s quarterly revenue was up 14.5% on a year-over-year basis. During the same period in the previous year, the firm posted $1.92 EPS. On average, research analysts forecast that Workday, Inc. will post 2.63 earnings per share for the current fiscal year.

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.