Workday, Inc. $WDAY Shares Sold by Oarsman Capital Inc.

Oarsman Capital Inc. lessened its holdings in shares of Workday, Inc. (NASDAQ:WDAY) by 11.4% in the second quarter, according to its most recent filing with the SEC. The firm owned 931 shares of the software maker’s stock after selling 120 shares during the quarter. Oarsman Capital Inc.’s holdings in Workday were worth $223,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Private Trust Co. NA lifted its holdings in shares of Workday by 15.2% in the first quarter. Private Trust Co. NA now owns 318 shares of the software maker’s stock valued at $74,000 after buying an additional 42 shares during the period. Verdence Capital Advisors LLC lifted its holdings in shares of Workday by 1.0% in the second quarter. Verdence Capital Advisors LLC now owns 4,381 shares of the software maker’s stock valued at $1,051,000 after buying an additional 45 shares during the period. Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of Workday by 15.0% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 353 shares of the software maker’s stock valued at $82,000 after buying an additional 46 shares during the period. AE Wealth Management LLC lifted its holdings in shares of Workday by 0.4% in the first quarter. AE Wealth Management LLC now owns 11,896 shares of the software maker’s stock valued at $2,778,000 after buying an additional 46 shares during the period. Finally, Bristlecone Advisors LLC lifted its holdings in shares of Workday by 1.6% in the first quarter. Bristlecone Advisors LLC now owns 2,968 shares of the software maker’s stock valued at $693,000 after buying an additional 47 shares during the period. Institutional investors and hedge funds own 89.81% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Barclays upped their price objective on Workday from $285.00 to $288.00 and gave the company an “overweight” rating in a report on Thursday, September 18th. KeyCorp cut their price objective on Workday from $325.00 to $285.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. UBS Group set a $304.00 price objective on Workday in a report on Friday, August 22nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Workday in a report on Wednesday, October 8th. Finally, Evercore ISI upped their target price on Workday from $275.00 to $300.00 and gave the company an “outperform” rating in a report on Wednesday, September 17th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, Workday presently has a consensus rating of “Moderate Buy” and an average target price of $287.83.

Workday Trading Down 2.4%

Shares of NASDAQ WDAY opened at $231.36 on Thursday. The business has a fifty day simple moving average of $234.00 and a 200-day simple moving average of $237.91. The company has a market cap of $61.77 billion, a price-to-earnings ratio of 107.11, a P/E/G ratio of 2.95 and a beta of 1.10. The company has a quick ratio of 2.10, a current ratio of 2.10 and a debt-to-equity ratio of 0.33. Workday, Inc. has a 12 month low of $205.33 and a 12 month high of $294.00.

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

Insider Transactions at Workday

In related news, major shareholder David A. Duffield sold 75,053 shares of the stock in a transaction dated Wednesday, October 8th. The stock was sold at an average price of $236.34, for a total value of $17,738,026.02. Following the completion of the sale, the insider directly owned 102,997 shares of the company’s stock, valued at approximately $24,342,310.98. This represents a 42.15% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Richard Harry Sauer sold 2,320 shares of the stock in a transaction dated Tuesday, October 7th. The stock was sold at an average price of $235.87, for a total value of $547,218.40. Following the completion of the sale, the insider directly owned 90,077 shares of the company’s stock, valued at approximately $21,246,461.99. This represents a 2.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 264,933 shares of company stock worth $61,475,760. 19.31% of the stock is currently owned by company insiders.

Workday Company 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.