Workday, Inc. $WDAY Shares Sold by Inspirion Wealth Advisors LLC

Inspirion Wealth Advisors LLC trimmed its position in Workday, Inc. (NASDAQ:WDAY) by 23.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,205 shares of the software maker’s stock after selling 7,710 shares during the period. Workday makes up approximately 0.5% of Inspirion Wealth Advisors LLC’s portfolio, making the stock its 26th biggest position. Inspirion Wealth Advisors LLC’s holdings in Workday were worth $4,801,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC raised its holdings in Workday by 41.0% during the third quarter. GAMMA Investing LLC now owns 6,144 shares of the software maker’s stock worth $1,170,000 after buying an additional 1,788 shares during the last quarter. Farther Finance Advisors LLC boosted its position in shares of Workday by 13.8% during the third quarter. Farther Finance Advisors LLC now owns 7,757 shares of the software maker’s stock valued at $1,477,000 after buying an additional 943 shares during the last quarter. CoreCap Advisors LLC increased its holdings in Workday by 55.9% during the third quarter. CoreCap Advisors LLC now owns 173 shares of the software maker’s stock worth $33,000 after buying an additional 62 shares during the last quarter. Avidian Wealth Enterprises LLC bought a new position in Workday during the third quarter worth about $203,000. Finally, Elevation Wealth Partners LLC lifted its holdings in Workday by 21.8% during the 3rd quarter. Elevation Wealth Partners LLC now owns 481 shares of the software maker’s stock worth $92,000 after purchasing an additional 86 shares in the last quarter. Institutional investors and hedge funds own 89.81% of the company’s stock.

Insider Activity at Workday

In other Workday news, major shareholder David Duffield sold 100,780 shares of the stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $185.64, for a total transaction of $18,708,799.20. Following the sale, the insider directly owned 105,049 shares in the company, valued at approximately $19,501,296.36. This trade represents a 48.96% decrease in their position. The sale 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. Also, CFO Zane Rowe sold 6,000 shares of the stock in a transaction on Tuesday, October 6th. The shares were sold at an average price of $187.23, for a total value of $1,123,380.00. Following the sale, the chief financial officer directly owned 269,642 shares in the company, valued at $50,485,071.66. This trade represents a 2.18% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 887,351 shares of company stock worth $169,913,604 over the last ninety days. 18.64% of the stock is currently owned by insiders.

Workday Stock Up 1.9%

Shares of NASDAQ:WDAY opened at $187.81 on Friday. The stock has a fifty day simple moving average of $189.38 and a two-hundred day simple moving average of $151.28. The stock has a market capitalization of $45.26 billion, a price-to-earnings ratio of 38.10, a PEG ratio of 1.85 and a beta of 1.07. Workday, Inc. has a 12-month low of $110.36 and a 12-month high of $247.40. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.31.

Workday (NASDAQ:WDAY) last released its earnings results on Thursday, August 27th. The software maker reported $2.75 EPS for the quarter, topping analysts’ consensus estimates of $2.61 by $0.14. Workday had a return on equity of 20.95% and a net margin of 12.32%.The firm had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $2.64 billion. During the same period in the prior year, the firm posted $2.21 earnings per share. The company’s quarterly revenue was up 12.8% on a year-over-year basis. On average, research analysts anticipate that Workday, Inc. will post 5.33 earnings per share for the current fiscal year.

Key Workday News

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Workday was named a “Market Shaper” in Gartner’s 2026 Emerging Market Quadrant for AI agents in human resources. The recognition supports the company’s positioning in the expanding market for AI-powered HR software and could help strengthen its competitive profile. Workday Named a Market Shaper by Gartner
• Positive Sentiment: Workday’s AI business is reportedly generating approximately $600 million in revenue, highlighting progress in expanding beyond its core cloud applications. Investors may view AI agents as a potential catalyst for renewed growth, although monetization and scale remain important execution tests. Workday AI and Leadership Challenges
• Neutral Sentiment: Jefferies maintained a Hold rating and a $210 price target. The firm is waiting for subscription-revenue growth to exceed 11% and estimates Workday will reach a 2027 Rule of 43 score, below many large software peers. This signals limited near-term conviction despite the target remaining above recent trading levels. Jefferies Workday Analysis
• Negative Sentiment: Workday reportedly cut its 2028 revenue-growth target as subscription momentum slows. The downgrade raises concerns about the company’s ability to sustain premium software-sector growth and may weigh on valuation, particularly with SAP and Oracle increasing competitive pressure. Workday Cuts 2028 Revenue Growth Target
• Negative Sentiment: Reports also cited three senior leadership departures, adding execution risk as Workday attempts to accelerate its AI strategy and restore subscription growth. Recent insider and major-shareholder sales may further affect sentiment, although several transactions were conducted under pre-arranged plans for tax withholding. Workday Leadership Challenges

Wall Street Analyst Weigh In

WDAY has been the subject of several recent analyst reports. Jefferies Financial Group cut their price objective on Workday from $220.00 to $210.00 and set a “hold” rating for the company in a report on Thursday. Barclays upped their price objective on Workday from $200.00 to $224.00 and gave the stock an “overweight” rating in a report on Friday, August 28th. Wells Fargo & Company increased their price target on shares of Workday from $215.00 to $225.00 and gave the company an “overweight” rating in a research report on Friday, August 28th. Sanford C. Bernstein increased their target price on shares of Workday from $216.00 to $238.00 and gave the company an “outperform” rating in a report on Friday, August 28th. Finally, Royal Bank Of Canada increased their target price on Workday from $220.00 to $240.00 and gave the company an “outperform” rating in a report on Friday, August 28th. Twenty equities research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $205.55.

Workday Company Profile

Workday, Inc develops cloud-based enterprise software for managing an organization’s people, finances and operations. Its platform is primarily used by businesses, government agencies and educational institutions to support human resources, finance, planning, analytics and related administrative processes.

The company’s offerings include Workday Human Capital Management, Financial Management, Adaptive Planning, Spend Management, payroll, recruiting, talent management, learning and workforce analytics.