Rep. Gilbert Ray Cisneros, Jr. Sells Off Workday, Inc. (NASDAQ:WDAY) Stock

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Workday, Inc. (NASDAQ:WDAY). In a filing disclosed on July 02nd, the Representative disclosed that they had sold between $15,001 and $50,000 in Workday stock on June 5th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of The Descartes Systems Group (NASDAQ:DSGX) on 6/30/2026.
• Purchased $1,001 – $15,000 in shares of Texas Roadhouse (NASDAQ:TXRH) on 6/30/2026.
• Purchased $1,001 – $15,000 in shares of Texas Capital Bancshares (NASDAQ:TCBI) on 6/30/2026.
• Sold $1,001 – $15,000 in shares of SoftBank Group (OTCMKTS:SFTBF) on 6/30/2026.
• Sold $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 6/30/2026.
• Sold $1,001 – $15,000 in shares of RBC Bearings (NYSE:RBC) on 6/30/2026.
• Purchased $1,001 – $15,000 in shares of Microchip Technology (NASDAQ:MCHP) on 6/30/2026.
• Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 6/30/2026.
• Purchased $1,001 – $15,000 in shares of Cytokinetics (NASDAQ:CYTK) on 6/30/2026.
• Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 6/30/2026.

Workday Stock Performance

Shares of NASDAQ:WDAY remained flat at $135.40 during trading on Friday. The stock had a trading volume of 4,285,320 shares, compared to its average volume of 4,913,763. Workday, Inc. has a fifty-two week low of $110.36 and a fifty-two week high of $249.85. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.30. The firm has a market cap of $33.44 billion, a P/E ratio of 42.31, a price-to-earnings-growth ratio of 1.45 and a beta of 1.11. The firm has a 50 day simple moving average of $127.76 and a 200-day simple moving average of $149.84.

Workday (NASDAQ:WDAY) last announced its earnings results on Thursday, May 21st. The software maker reported $2.66 EPS for the quarter, topping the consensus estimate of $2.51 by $0.15. Workday had a net margin of 8.60% and a return on equity of 14.75%. The firm had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.52 billion. During the same period last year, the company posted $2.23 EPS. The business’s quarterly revenue was up 13.5% on a year-over-year basis. On average, analysts predict that Workday, Inc. will post 5.34 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Workday

Large investors have recently bought and sold shares of the company. Norges Bank bought a new position in shares of Workday in the 4th quarter valued at about $448,804,000. Harvest Fund Management Co. Ltd increased its position in shares of Workday by 40.1% during the 4th quarter. Harvest Fund Management Co. Ltd now owns 55,605 shares of the software maker’s stock worth $11,943,000 after purchasing an additional 15,903 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its stake in shares of Workday by 18.3% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 571,766 shares of the software maker’s stock worth $122,804,000 after purchasing an additional 88,384 shares in the last quarter. Morningstar Investment Management LLC raised its stake in shares of Workday by 127.2% during the 4th quarter. Morningstar Investment Management LLC now owns 27,043 shares of the software maker’s stock worth $5,808,000 after purchasing an additional 15,138 shares in the last quarter. Finally, Aurora Investment Counsel acquired a new stake in shares of Workday in the 4th quarter valued at approximately $2,357,000. Institutional investors own 89.81% of the company’s stock.

Insider Buying and Selling

In other news, CFO Zane Rowe sold 6,000 shares of Workday 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 transaction, the chief financial officer owned 217,930 shares of the company’s stock, valued at $27,942,984.60. This trade represents a 2.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 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, major shareholder David A. Duffield sold 107,500 shares of the business’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $115.60, for a total transaction of $12,427,000.00. Following the transaction, the insider owned 105,049 shares in the company, valued at $12,143,664.40. This represents a 50.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 882,314 shares of company stock worth $111,443,691. Insiders own 18.64% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Needham & Company LLC reduced their target price on shares of Workday from $300.00 to $180.00 and set a “buy” rating for the company in a research note on Friday, May 22nd. Bank of America assumed coverage on Workday in a report on Wednesday, May 27th. They issued a “neutral” rating and a $140.00 price target on the stock. Loop Capital set a $210.00 price objective on Workday in a research report on Thursday, March 12th. Royal Bank Of Canada reissued an “outperform” rating on shares of Workday in a research report on Friday, May 22nd. Finally, Cantor Fitzgerald restated an “overweight” rating on shares of Workday in a research note on Wednesday, June 17th. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Workday currently has an average rating of “Moderate Buy” and an average target price of $184.00.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.