Sapient Capital LLC Grows Position in Workday, Inc. $WDAY

Sapient Capital LLC lifted its stake in Workday, Inc. (NASDAQ:WDAY) by 0.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 77,804 shares of the software maker’s stock after buying an additional 343 shares during the quarter. Sapient Capital LLC’s holdings in Workday were worth $18,673,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Pallas Capital Advisors LLC increased its position in Workday by 44.8% in the second quarter. Pallas Capital Advisors LLC now owns 3,460 shares of the software maker’s stock worth $830,000 after purchasing an additional 1,071 shares during the last quarter. Mirador Capital Partners LP increased its position in Workday by 11.3% in the second quarter. Mirador Capital Partners LP now owns 15,485 shares of the software maker’s stock worth $3,716,000 after purchasing an additional 1,574 shares during the last quarter. Fiduciary Alliance LLC increased its position in Workday by 10.6% in the second quarter. Fiduciary Alliance LLC now owns 10,435 shares of the software maker’s stock worth $2,504,000 after purchasing an additional 1,000 shares during the last quarter. Czech National Bank increased its position in Workday by 7.7% in the second quarter. Czech National Bank now owns 52,953 shares of the software maker’s stock worth $12,709,000 after purchasing an additional 3,801 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its position in Workday by 265.0% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 21,446 shares of the software maker’s stock worth $5,147,000 after purchasing an additional 15,571 shares during the last quarter. Institutional investors own 89.81% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on WDAY shares. Needham & Company LLC restated a “buy” rating and issued a $300.00 price target on shares of Workday in a research report on Tuesday, September 9th. Piper Sandler dropped their price objective on shares of Workday from $235.00 to $220.00 and set an “underweight” rating for the company in a research note on Friday, August 22nd. Morgan Stanley set a $255.00 price objective on shares of Workday and gave the stock an “equal weight” rating in a research note on Friday, May 23rd. KeyCorp dropped their price objective on shares of Workday from $325.00 to $285.00 and set an “overweight” rating for the company in a research note on Friday, August 22nd. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Workday from $330.00 to $280.00 and set a “buy” rating for the company in a research note on Friday, August 22nd. Three analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Workday presently has a consensus rating of “Moderate Buy” and an average price target of $286.81.

Workday Stock Performance

Shares of Workday stock opened at $219.01 on Wednesday. The company has a market capitalization of $58.48 billion, a PE ratio of 101.39, a P/E/G ratio of 3.10 and a beta of 1.12. The company has a debt-to-equity ratio of 0.33, a quick ratio of 2.10 and a current ratio of 2.10. The company has a 50-day simple moving average of $228.48 and a two-hundred day simple moving average of $238.30. Workday, Inc. has a one year low of $205.33 and a one year high of $294.00.

Workday (NASDAQ:WDAY) last announced its earnings results on Thursday, August 21st. The software maker reported $2.21 EPS for the quarter, topping analysts’ consensus estimates of $2.09 by $0.12. The business had revenue of $2.35 billion during the quarter, compared to the consensus estimate of $2.34 billion. Workday had a net margin of 6.51% and a return on equity of 9.74%. The firm’s revenue was up 12.6% on a year-over-year basis. During the same period in the previous year, the company posted $1.75 earnings per share. Workday has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. Research analysts expect that Workday, Inc. will post 2.63 EPS for the current fiscal year.

Insider Activity

In related news, CEO Carl M. Eschenbach sold 6,250 shares of the stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $239.43, for a total value of $1,496,437.50. Following the completion of the transaction, the chief executive officer directly owned 1,472 shares of the company’s stock, valued at $352,440.96. This trade represents a 80.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, major shareholder David A. Duffield sold 73,971 shares of the stock in a transaction that occurred on Tuesday, June 24th. The shares were sold at an average price of $238.66, for a total transaction of $17,653,918.86. Following the completion of the transaction, the insider directly owned 102,997 shares of the company’s stock, valued at $24,581,264.02. The trade was a 41.80% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 233,300 shares of company stock valued at $55,764,900. 20.00% of the stock is owned by company insiders.

Workday Profile

Workday, Inc provides enterprise cloud applications in the United States and internationally. Its applications help its customers to plan, execute, analyze, and extend to other applications and environments to manage their business and operations. The company offers a suite of financial management applications to maintain accounting information in the general ledger; manage financial processes, such as payables and receivables; identify real-time financial, operational, and management insights; enhance financial consolidation; reduce time-to-close; promote internal control and auditability; and achieve consistency across finance operations.