Strs Ohio Has $17.95 Million Position in Workday, Inc. $WDAY

Strs Ohio lowered its stake in shares of Workday, Inc. (NASDAQ:WDAY) by 11.8% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 83,558 shares of the software maker’s stock after selling 11,164 shares during the period. Strs Ohio’s holdings in Workday were worth $17,947,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Rakuten Securities Inc. acquired a new position in shares of Workday during the second quarter valued at about $25,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Workday during the third quarter valued at about $26,000. JPL Wealth Management LLC acquired a new position in shares of Workday during the third quarter valued at about $30,000. eCIO Inc. acquired a new position in shares of Workday during the fourth quarter valued at about $36,000. Finally, Root Financial Partners LLC acquired a new position in shares of Workday during the third quarter valued at about $40,000. Institutional investors and hedge funds own 89.81% of the company’s stock.

Insider Buying and Selling at Workday

In other Workday news, CFO Zane Rowe sold 6,000 shares of the stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $128.22, for a total transaction of $769,320.00. Following the sale, the chief financial officer owned 217,930 shares of the company’s stock, valued at $27,942,984.60. This represents a 2.68% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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, major shareholder David A. Duffield sold 107,500 shares of the stock in a transaction dated Thursday, April 9th. The stock was sold at an average price of $112.33, for a total transaction of $12,075,475.00. Following the sale, the insider directly owned 105,049 shares in the company, valued at approximately $11,800,154.17. This represents a 50.58% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 989,814 shares of company stock worth $131,576,291 over the last ninety days. Company insiders own 20.00% of the company’s stock.

Trending Headlines about Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Jade Global signed as a Workday deployment partner, expanding Workday’s services channel and industry coverage (manufacturing, high-tech, healthcare, retail). This can help accelerate implementations and bookings growth. Jade Global Named Workday Partner
• Positive Sentiment: Workday is featured in recent lists of high-growth tech stocks and growth stocks with notable insider ownership, which can attract investor inflows and sentiment momentum. High Growth Tech Stocks in the US Market to Watch
• Neutral Sentiment: Workday will report fiscal 2027 Q1 results after the close on May 21 and host a conference call; the scheduled report is a near-term catalyst that can increase volatility and reprice expectations. Workday to Announce Fiscal 2027 First Quarter Financial Results on May 21, 2026
• Neutral Sentiment: Media coverage shows elevated investor searches and attention on WDAY (Zacks summary), which can increase short-term trading volume but is not a fundamental read on business performance. Investors Heavily Search Workday, Inc. (WDAY): Here is What You Need to Know
• Neutral Sentiment: Former Workday CEO Carl Eschenbach rejoined the board of Cresta (an AI customer-experience company); this highlights management alumni activity and industry ties but has limited direct impact on Workday’s near-term financials. Cresta Names Sequoia’s Doug Leone as Board Chair, Carl Eschenbach Rejoins Board as Growth Accelerates

Workday Stock Performance

Shares of Workday stock opened at $126.96 on Monday. The stock has a market capitalization of $32.63 billion, a P/E ratio of 49.21, a price-to-earnings-growth ratio of 1.23 and a beta of 1.04. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.38. The company has a 50-day simple moving average of $130.01 and a 200 day simple moving average of $179.95. Workday, Inc. has a 12-month low of $110.36 and a 12-month high of $276.00.

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, topping analysts’ consensus estimates of $2.32 by $0.15. The business had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.52 billion. Workday had a net margin of 7.26% and a return on equity of 13.37%. The firm’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same quarter last year, the company posted $1.92 EPS. Research analysts expect that Workday, Inc. will post 5.11 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on WDAY shares. Rosenblatt Securities dropped their price objective on shares of Workday from $180.00 to $150.00 and set a “buy” rating for the company in a research note on Wednesday, February 25th. UBS Group dropped their price objective on shares of Workday from $170.00 to $130.00 and set a “neutral” rating for the company in a research note on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Workday from $265.00 to $190.00 and set a “buy” rating for the company in a research note on Wednesday, February 18th. Citizens Jmp cut shares of Workday from an “outperform” rating to a “market perform” rating in a research note on Wednesday, February 18th. Finally, Jefferies Financial Group cut shares of Workday from a “buy” rating to a “hold” rating and dropped their price objective for the company from $325.00 to $150.00 in a research note on Monday, February 23rd. 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.com, Workday currently has a consensus rating of “Moderate Buy” and an average price target of $199.71.

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.