Zane Rowe Sells 6,000 Shares of Workday (NASDAQ:WDAY) Stock

Workday, Inc. (NASDAQ:WDAY) CFO Zane Rowe sold 6,000 shares of the company’s stock in a transaction dated 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. This trade represents a 2.68% decrease in their ownership of the stock. The sale was disclosed in a document filed 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.

Workday Stock Performance

Shares of NASDAQ WDAY traded down $2.21 during trading hours on Tuesday, reaching $127.51. The stock had a trading volume of 2,572,215 shares, compared to its average volume of 5,018,963. The firm has a market cap of $32.77 billion, a price-to-earnings ratio of 49.42, a PEG ratio of 1.28 and a beta of 1.14. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.38. Workday, Inc. has a fifty-two week low of $117.76 and a fifty-two week high of $276.00. The firm has a 50-day moving average of $143.62 and a 200-day moving average of $194.79.

Workday (NASDAQ:WDAY) last announced its earnings results on Tuesday, February 24th. The software maker reported $2.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.32 by $0.15. The firm had revenue of $2.53 billion during 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 business’s revenue was up 14.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.92 EPS. Equities research analysts predict that Workday, Inc. will post 2.63 earnings per share for the current year.

Trending Headlines about Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Workday was named a Leader in the 2026 Gartner Magic Quadrant for Higher Education Student Information Systems — a product endorsement that supports long?term adoption at colleges and universities and underpins recurring revenue growth. Workday Named a Leader in 2026 Gartner® Magic Quadrant™ for Higher Education Student Information Systems
• Positive Sentiment: UST acquired Intecrowd, an award?winning Workday partner that specializes in deployments and lifecycle support — consolidation among partners can expand implementation capacity and channel reach for Workday. UST Acquires Award?Winning Workday Partner Intecrowd
• Neutral Sentiment: Market recaps note WDAY’s recent price pullback (mid?$120s) versus broader market gains; these stories summarize price action but add little new company?specific information. Workday (WDAY) Stock Sinks As Market Gains: Here’s Why
• Negative Sentiment: Major shareholder David A. Duffield sold 107,500 shares (~$13.9M) under a pre?arranged Rule 10b5?1 plan, lowering his holding by ~50% — the size of the sale is notable and can pressure sentiment despite being pre?planned. SEC filing: Duffield Form 4
• Negative Sentiment: Several insiders (CFO Zane Rowe, Robert Enslin, Gerrit Kazmaier) sold modest blocks of shares — reported as 10b5?1 trades or sales to cover tax withholding on vested awards. These are typically less alarming but add to near?term selling supply. Rowe Form 4 Enslin Form 4 Kazmaier Form 4
• Negative Sentiment: Media commentary (e.g., Jim Cramer) flagged Workday as a relative laggard in the Nasdaq 100 and advised caution — negative headlines from high?profile commentators can amplify selling pressure even if they are opinion?based. Jim Cramer on Workday

Analysts Set New Price Targets

Several analysts have commented on WDAY shares. Rosenblatt Securities reduced their price objective on Workday from $180.00 to $150.00 and set a “buy” rating for the company in a research note on Wednesday, February 25th. Morgan Stanley reduced their price objective on Workday from $280.00 to $200.00 and set an “equal weight” rating for the company in a research note on Monday, February 23rd. UBS Group reduced their price objective on Workday from $170.00 to $130.00 and set a “neutral” rating for the company in a research note on Wednesday, February 25th. Wall Street Zen raised Workday from a “hold” rating to a “buy” rating in a research note on Saturday, March 28th. Finally, Citizens Jmp downgraded Workday from an “outperform” rating to a “market perform” rating in a research note on Wednesday, February 18th. Nineteen research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $199.71.

Hedge Funds Weigh In On Workday

Large investors have recently modified their holdings of the business. First Eagle Investment Management LLC purchased a new position in shares of Workday during the 3rd quarter worth approximately $556,252,000. PKO Investment Management Joint Stock Co acquired a new stake in Workday in the third quarter valued at $1,805,000. Phoenix Financial Ltd. acquired a new stake in Workday in the third quarter valued at $2,000,000. Rakuten Investment Management Inc. acquired a new stake in Workday in the third quarter valued at $124,718,000. Finally, EULAV Asset Management grew its holdings in Workday by 69.4% in the third quarter. EULAV Asset Management now owns 61,000 shares of the software maker’s stock valued at $14,685,000 after purchasing an additional 25,000 shares during the last quarter. 89.81% of the stock is owned by hedge funds and other institutional investors.

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.