Workday, Inc. $WDAY Shares Bought by Motley Fool Asset Management LLC

Motley Fool Asset Management LLC boosted its stake in shares of Workday, Inc. (NASDAQ:WDAY) by 28.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 27,342 shares of the software maker’s stock after buying an additional 5,995 shares during the quarter. Motley Fool Asset Management LLC’s holdings in Workday were worth $5,873,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Finivi Inc. grew its position in Workday by 3.3% during the third quarter. Finivi Inc. now owns 1,516 shares of the software maker’s stock worth $365,000 after buying an additional 48 shares during the period. Strategic Investment Advisors MI grew its position in Workday by 1.6% during the second quarter. Strategic Investment Advisors MI now owns 3,263 shares of the software maker’s stock worth $777,000 after buying an additional 50 shares during the period. Legacy Financial Advisors Inc. grew its position in Workday by 5.1% during the third quarter. Legacy Financial Advisors Inc. now owns 1,113 shares of the software maker’s stock worth $268,000 after buying an additional 54 shares during the period. Sagespring Wealth Partners LLC grew its position in Workday by 3.0% during the fourth quarter. Sagespring Wealth Partners LLC now owns 2,052 shares of the software maker’s stock worth $441,000 after buying an additional 59 shares during the period. Finally, CVA Family Office LLC grew its position in Workday by 35.3% during the fourth quarter. CVA Family Office LLC now owns 249 shares of the software maker’s stock worth $53,000 after buying an additional 65 shares during the period. 89.81% of the stock is currently owned by institutional investors and hedge funds.

Workday Stock Performance

Shares of WDAY opened at $140.23 on Wednesday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.01 and a current ratio of 1.01. The company has a market capitalization of $34.64 billion, a price-to-earnings ratio of 43.82, a PEG ratio of 1.52 and a beta of 1.09. The company’s 50 day simple moving average is $127.88 and its 200 day simple moving average is $161.45. Workday, Inc. has a 1 year low of $110.36 and a 1 year high of $257.09.

Workday (NASDAQ:WDAY) last posted its quarterly earnings results on Thursday, May 21st. The software maker reported $2.66 earnings per share for the quarter, topping analysts’ consensus estimates of $2.51 by $0.15. The company had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.52 billion. Workday had a net margin of 8.60% and a return on equity of 14.75%. Workday’s revenue was up 13.5% on a year-over-year basis. During the same quarter last year, the firm posted $2.23 earnings per share. On average, sell-side analysts predict that Workday, Inc. will post 5.41 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have recently commented on WDAY. Oppenheimer reiterated an “outperform” rating and issued a $165.00 price target on shares of Workday in a research report on Friday, May 22nd. HC Wainwright set a $140.00 price target on shares of Workday in a research report on Wednesday, May 27th. Wells Fargo & Company increased their price target on shares of Workday from $180.00 to $185.00 and gave the company an “overweight” rating in a research report on Friday, May 22nd. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Workday from $265.00 to $190.00 and set a “buy” rating on the stock in a research report on Wednesday, February 18th. Finally, Needham & Company LLC lowered their price target on shares of Workday from $300.00 to $180.00 and set a “buy” rating on the stock in a research report on Friday, May 22nd. One investment 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 issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $185.03.

Insider Activity at Workday

In other Workday news, insider Gerrit S. Kazmaier sold 9,356 shares of the stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $128.39, for a total transaction of $1,201,216.84. Following the transaction, the insider owned 165,074 shares of the company’s stock, valued at $21,193,850.86. This trade represents a 5.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, 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 the 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 transaction, the insider directly owned 165,414 shares in the company, valued at approximately $21,406,225.74. This represents a 3.15% decrease in their position. The SEC filing for this sale provides additional information. 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. In the last ninety days, insiders sold 774,814 shares of company stock worth $102,101,941. Company insiders own 18.64% of the company’s stock.

Key Headlines Impacting Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Workday reported solid fiscal Q1 results in late May, beating EPS and revenue estimates and raising operating margin guidance, which supports the longer-term bull case. Workday slips 3.6% as investors weigh recent guidance, downgrades, and fresh insider-sale disclosures
• Positive Sentiment: AvidXchange launched its payment automation integration for Workday Marketplace, adding to Workday’s ecosystem and potentially strengthening platform value. AvidXchange Completes Workday Integration
• Positive Sentiment: Workday announced expanding momentum in Canada’s public sector, which points to continued customer wins and broader AI-driven modernization demand. Workday Expands Public Sector Footprint in Canada as Government Accelerates AI Modernization
• Neutral Sentiment: Syssero was named a Workday deployment partner, a modest ecosystem-positive update that is unlikely to move the stock on its own. Syssero Named Workday Deployment Partner
• Negative Sentiment: Shares are under pressure from continued concerns about valuation, analyst caution after earnings, and fresh insider-sale disclosures tied to major shareholder David Duffield, which can weigh on near-term sentiment. Workday (NASDAQ:WDAY) Major Shareholder Sells $16,077,700.00 in Stock
• Negative Sentiment: Broader market commentary also highlighted Workday among stocks “plunging,” reinforcing a risk-off tone around the name. Workday, Oracle, and Palantir Technologies shares plummet, what you need to know

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.