Workday (NASDAQ:WDAY) CAO Sells 918 Shares of Company Stock

Workday, Inc. (NASDAQ:WDAY) CAO Mark Garfield sold 918 shares of Workday stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $189.45, for a total value of $173,915.10. Following the completion of the sale, the chief accounting officer directly owned 69,309 shares in the company, valued at $13,130,590.05. This represents a 1.31% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Workday Stock Performance

NASDAQ WDAY traded up $2.75 on Wednesday, hitting $188.77. 2,756,594 shares of the company’s stock were exchanged, compared to its average volume of 4,692,326. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.91 and a quick ratio of 0.91. The firm’s 50-day moving average price is $190.66 and its two-hundred day moving average price is $152.46. Workday, Inc. has a fifty-two week low of $110.36 and a fifty-two week high of $247.40. The firm has a market cap of $45.49 billion, a price-to-earnings ratio of 38.29, a P/E/G ratio of 1.89 and a beta of 1.07.

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

Trending Headlines about Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Workday announced a partnership with Anthropic that will connect Claude’s reasoning capabilities with Workday’s Sana agents, data, permissions and business rules. Customers will be able to access information, take actions and approve work through Claude or Sana, strengthening Workday’s enterprise AI positioning and potential growth prospects. Workday and Anthropic partnership
• Positive Sentiment: At its investor event, Workday introduced expanded AI offerings including Sana, Decision Intelligence, Work Intelligence and a headless Trusted Agent Platform. The tools are designed to automate HR, finance and IT workflows while retaining governance, approvals and audit trails, potentially improving customer adoption and retention. Workday AI product announcements
• Positive Sentiment: Workday agreed to acquire C1.ai, an agentic identity platform that manages access for employees and AI agents across enterprise systems. The deal could broaden Workday’s security and AI-governance capabilities, though financial terms and the earnings impact were not disclosed. Workday C1.ai acquisition
• Neutral Sentiment: Workday continues to forecast double-digit revenue growth and reported its AI strategy at Analyst/Investor Day, but investors remain focused on the pace of sales growth and how quickly new AI products translate into revenue. Workday revenue-growth outlook
• Negative Sentiment: UBS lowered its Workday price target from $220 to $210 and assigned a neutral rating. The revised target still implies upside, but the reduction signals limited near-term conviction. UBS Workday price-target update
• Negative Sentiment: Major shareholder David Duffield sold 99,835 shares valued at approximately $18.7 million, cutting his direct holdings by 48.7%. The Rule 10b5-1 plan reduces the signaling value, but the sizable sale may still weigh on sentiment. SEC insider-sale filing

Analysts Set New Price Targets

WDAY has been the topic of a number of recent analyst reports. Canaccord Genuity Group upped their price target on shares of Workday from $200.00 to $225.00 and gave the stock a “buy” rating in a research note on Tuesday, August 25th. BTIG Research cut shares of Workday from a “buy” rating to a “neutral” rating in a research note on Monday, August 17th. Mizuho set a $210.00 price objective on shares of Workday in a research note on Wednesday. Jefferies Financial Group decreased their price objective on shares of Workday from $220.00 to $210.00 and set a “hold” rating on the stock in a report on Thursday, October 8th. Finally, William Blair restated an “outperform” rating on shares of Workday in a research report on Friday, August 28th. Twenty investment 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’s stock. According to data from MarketBeat.com, Workday currently has an average rating of “Hold” and a consensus price target of $205.55.

Institutional Trading of Workday

Large investors have recently bought and sold shares of the company. Lakehouse Capital Pty Ltd lifted its stake in shares of Workday by 77.9% during the third quarter. Lakehouse Capital Pty Ltd now owns 43,773 shares of the software maker’s stock valued at $8,337,000 after buying an additional 19,174 shares during the period. Plato Investment Management Ltd purchased a new stake in Workday in the 2nd quarter worth approximately $1,115,000. S&CO Inc. purchased a new stake in Workday in the 2nd quarter worth approximately $2,284,000. Sapient Capital LLC acquired a new position in Workday in the 2nd quarter valued at $13,045,000. Finally, Fluent Financial LLC acquired a new position in Workday in the 2nd quarter valued at $2,249,000. Institutional investors and hedge funds own 89.81% of the company’s stock.

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.