Workday, Inc. $WDAY Shares Sold by Harel Insurance Investments & Financial Services Ltd.

Harel Insurance Investments & Financial Services Ltd. lessened its stake in Workday, Inc. (NASDAQ:WDAY) by 24.4% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 681 shares of the software maker’s stock after selling 220 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in Workday were worth $163,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in Workday by 2.3% during the 1st quarter. Vanguard Group Inc. now owns 20,598,655 shares of the software maker’s stock worth $4,810,404,000 after buying an additional 455,855 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its position in Workday by 47.5% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 3,764,598 shares of the software maker’s stock worth $879,147,000 after buying an additional 1,211,659 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in Workday by 0.4% during the 1st quarter. The Manufacturers Life Insurance Company now owns 3,736,609 shares of the software maker’s stock worth $872,610,000 after buying an additional 14,354 shares during the last quarter. Hotchkis & Wiley Capital Management LLC raised its position in Workday by 35.6% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 3,479,105 shares of the software maker’s stock worth $812,475,000 after buying an additional 913,613 shares during the last quarter. Finally, Parnassus Investments LLC raised its position in Workday by 22.4% during the 1st quarter. Parnassus Investments LLC now owns 2,996,429 shares of the software maker’s stock worth $699,756,000 after buying an additional 548,694 shares during the last quarter. Institutional investors and hedge funds own 89.81% of the company’s stock.

Insider Transactions at Workday

In other Workday news, major shareholder David A. Duffield sold 75,053 shares of the firm’s stock in a transaction dated Wednesday, October 8th. The shares were sold at an average price of $236.34, for a total transaction of $17,738,026.02. Following the sale, the insider directly owned 102,997 shares of the company’s stock, valued at $24,342,310.98. This trade represents a 42.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Michael M. Mcnamara sold 5,393 shares of the firm’s stock in a transaction dated Friday, October 10th. The stock was sold at an average price of $235.16, for a total transaction of $1,268,217.88. Following the sale, the director directly owned 24,078 shares in the company, valued at $5,662,182.48. This represents a 18.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 264,933 shares of company stock worth $61,475,760 in the last 90 days. Insiders own 20.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on WDAY shares. Sanford C. Bernstein restated an “outperform” rating and set a $304.00 price objective on shares of Workday in a research report on Friday, August 22nd. KeyCorp cut their price objective on shares of Workday from $325.00 to $285.00 and set an “overweight” rating for the company in a research report on Friday, August 22nd. Weiss Ratings restated a “hold (c)” rating on shares of Workday in a research report on Wednesday, October 8th. Citigroup increased their price target on shares of Workday from $260.00 to $261.00 and gave the company a “neutral” rating in a report on Monday. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Workday from $295.00 to $290.00 and set an “overweight” rating on the stock in a report on Friday, August 22nd. Two analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Workday has an average rating of “Moderate Buy” and a consensus target price of $287.86.

Workday Price Performance

Shares of NASDAQ WDAY opened at $237.68 on Tuesday. The stock has a market cap of $63.46 billion, a price-to-earnings ratio of 110.04, a PEG ratio of 2.99 and a beta of 1.11. Workday, Inc. has a 52 week low of $205.33 and a 52 week high of $294.00. The company’s 50-day moving average price is $234.76 and its 200 day moving average price is $238.15. The company has a current ratio of 2.10, a quick ratio of 2.10 and a debt-to-equity ratio of 0.33.

Workday (NASDAQ:WDAY) last issued its quarterly earnings data on Thursday, August 21st. The software maker reported $2.21 EPS for the quarter, beating analysts’ consensus estimates of $2.09 by $0.12. The firm had revenue of $2.35 billion for the quarter, compared to analysts’ expectations 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 prior year, the company earned $1.75 EPS. Workday has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. As a group, research analysts forecast that Workday, Inc. will post 2.63 earnings per share for the current fiscal year.

About Workday

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.