5,250 Shares of Workday, Inc. $WDAY Bought by Sanders Morris Harris LLC

Sanders Morris Harris LLC purchased a new position in shares of Workday, Inc. (NASDAQ:WDAY) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 5,250 shares of the software maker’s stock, valued at approximately $1,000,000.

Several other institutional investors have also made changes to their positions in the company. Auto Owners Insurance Co grew its stake in shares of Workday by 25,412.8% in the 4th quarter. Auto Owners Insurance Co now owns 10,230,616 shares of the software maker’s stock valued at $2,197,332,000 after buying an additional 10,190,516 shares in the last quarter. Janus Henderson Group PLC increased its holdings in Workday by 101.4% in the fourth quarter. Janus Henderson Group PLC now owns 5,017,905 shares of the software maker’s stock worth $1,077,537,000 after buying an additional 2,525,821 shares during the last quarter. Contour Asset Management LLC bought a new position in Workday during the fourth quarter valued at approximately $184,083,000. Pacer Advisors Inc. raised its position in Workday by 840.9% during the fourth quarter. Pacer Advisors Inc. now owns 765,049 shares of the software maker’s stock valued at $164,317,000 after acquiring an additional 683,741 shares in the last quarter. Finally, Lead Edge Capital Management LLC bought a new position in Workday during the first quarter valued at approximately $79,988,000. 89.81% of the stock is currently owned by institutional investors and hedge funds.

Workday Stock Up 1.5%

Shares of NASDAQ WDAY traded up $2.75 during mid-day trading on Wednesday, reaching $188.77. 2,760,613 shares of the company traded hands, compared to its average volume of 4,692,348. The company’s fifty day moving average is $191.03 and its two-hundred day moving average is $152.89. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.91 and a current ratio of 0.91. Workday, Inc. has a fifty-two week low of $110.36 and a fifty-two week high of $247.40. The stock has a market cap of $45.49 billion, a PE ratio of 38.29, a price-to-earnings-growth ratio of 1.89 and a beta of 1.07.

Workday (NASDAQ:WDAY) last announced 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. Workday had a return on equity of 20.95% and a net margin of 12.32%. The firm had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.64 billion. During the same quarter in the prior year, the business earned $2.21 earnings per share. The company’s revenue was up 12.8% on a year-over-year basis. On average, analysts expect that Workday, Inc. will post 5.33 earnings per share for the current year.

Key Headlines Impacting 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. The collaboration could strengthen Workday’s position in enterprise AI by allowing users to find information, take actions and approve work through Claude or Sana. Workday and Anthropic partnership
• Positive Sentiment: At its investor event, Workday introduced or expanded Sana, Decision Intelligence, Work Intelligence and its headless Trusted Agent Platform. These offerings are designed to automate HR, finance and IT workflows while maintaining permissions, approvals and audit trails, potentially supporting customer retention and future revenue growth. 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
• Positive Sentiment: A new Candidate Profile lets job seekers save their information once and reuse it across applications on Workday-powered sites, an enhancement that may improve the recruiting product’s user experience and customer appeal. Workday Candidate Profile announcement
• Neutral Sentiment: UBS lowered its Workday price target from $220 to $210 and maintained a Neutral rating. The revised target still implies potential upside, but the change reflects limited near-term conviction as investors assess valuation and the pace of AI monetization.
• Negative Sentiment: Recent commentary highlights disappointment with decelerating sales growth, despite management forecasting continued double-digit revenue expansion. Investors may want evidence that the new AI offerings can reaccelerate growth rather than merely defend Workday’s existing franchise. Workday growth outlook
• Negative Sentiment: Major shareholder David Duffield sold 99,835 shares worth about $18.7 million, reducing his direct stake by 48.7%. Chief accounting officer Mark Garfield also sold 918 shares. Both transactions were made under pre-arranged Rule 10b5-1 plans, which reduces their signaling value, but the sales may still weigh on sentiment. Workday insider sale filing

Wall Street Analyst Weigh In

WDAY has been the subject of a number of analyst reports. Dbs Bank upgraded shares of Workday to a “hold” rating in a research note on Wednesday, September 9th. Capital One Financial set a $219.00 price target on shares of Workday and gave the stock an “equal weight” rating in a research note on Friday, August 28th. Jefferies Financial Group dropped their price target on shares of Workday from $220.00 to $210.00 and set a “hold” rating on the stock in a research note on Thursday, October 8th. Morgan Stanley raised their price target on shares of Workday from $145.00 to $180.00 and gave the company an “underweight” rating in a report on Friday, August 28th. Finally, TD Cowen reduced their price objective on shares of Workday from $220.00 to $210.00 and set a “hold” rating for the company in a research note on Friday, August 28th. Twenty investment analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Workday presently has an average rating of “Hold” and a consensus target price of $205.55.

Insider Buying and Selling

In other Workday news, major shareholder David Duffield sold 100,780 shares of the business’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $185.64, for a total transaction of $18,708,799.20. Following the completion of the transaction, the insider owned 105,049 shares of the company’s stock, valued at $19,501,296.36. The trade was a 48.96% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 988,104 shares of company stock valued at $188,811,574. Company insiders own 18.64% of the company’s stock.

About Workday

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.