S&CO Inc. Makes New $2.28 Million Investment in Workday, Inc. $WDAY

S&CO Inc. purchased a new position in shares of Workday, Inc. (NASDAQ:WDAY) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 18,663 shares of the software maker’s stock, valued at approximately $2,284,000.

A number of other large investors have also made changes to their positions in WDAY. Brighton Jones LLC grew its position in Workday by 230.2% during the fourth quarter. Brighton Jones LLC now owns 4,005 shares of the software maker’s stock worth $1,033,000 after buying an additional 2,792 shares during the period. Empowered Funds LLC lifted its position in shares of Workday by 12.1% during the 1st quarter. Empowered Funds LLC now owns 11,142 shares of the software maker’s stock valued at $2,602,000 after acquiring an additional 1,206 shares during the period. Geneos Wealth Management Inc. lifted its position in shares of Workday by 211.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 187 shares of the software maker’s stock valued at $44,000 after acquiring an additional 127 shares during the period. Sivia Capital Partners LLC purchased a new stake in shares of Workday during the 2nd quarter worth approximately $281,000. Finally, NewEdge Advisors LLC boosted its stake in shares of Workday by 32.0% during the 2nd quarter. NewEdge Advisors LLC now owns 6,597 shares of the software maker’s stock worth $1,583,000 after acquiring an additional 1,600 shares in the last quarter. Hedge funds and other institutional investors own 89.81% of the company’s stock.

Key Workday News

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Private-equity firm Silver Lake is reportedly in discussions to acquire Workday in a potential transaction valued at roughly $43 billion. Analysts said a deal could provide a significant premium, with one estimate placing Workday’s takeover value at $240–$250 per share. However, the discussions remain preliminary, and there is no assurance that an agreement will be reached. Silver Lake in talks to buy Workday, sources say
• Positive Sentiment: Analysts and investors said a potential Workday buyout could restore confidence in beaten-down software valuations and encourage broader software mergers and acquisitions. The transaction may signal that private-equity firms still see durable value in enterprise software despite concerns about artificial-intelligence disruption. Workday buyout may restore confidence in battered software valuations
• Positive Sentiment: Workday recently reported quarterly revenue of $2.54 billion, up 13.5% year over year, while earnings exceeded analyst expectations. The company also maintained fiscal 2027 subscription-revenue guidance of $9.925 billion to $9.950 billion, supporting the view that the underlying business remains stable.
• Neutral Sentiment: Analyst reactions are mixed: Baird raised its target to $215 and maintained an outperform rating, while BMO reiterated a Buy rating with a $182 target. Piper Sandler reaffirmed Neutral with a $145 target, highlighting substantial disagreement over Workday’s standalone valuation.
• Negative Sentiment: With no definitive deal announcement or regulatory filing confirming terms, traders appear to be taking profits and reducing expectations that a transaction will close soon. Reported insider activity is also heavily weighted toward sales, including substantial selling by David Duffield, adding a cautionary signal.

Workday Trading Down 3.8%

Shares of Workday stock opened at $198.68 on Friday. Workday, Inc. has a 1 year low of $110.36 and a 1 year high of $249.85. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.01 and a quick ratio of 1.01. The business has a 50 day moving average price of $144.40 and a 200 day moving average price of $139.30. The company has a market capitalization of $49.07 billion, a P/E ratio of 62.09, a P/E/G ratio of 2.11 and a beta of 1.08.

Workday (NASDAQ:WDAY) last announced its earnings results on Thursday, May 21st. The software maker reported $2.66 EPS for the quarter, beating analysts’ consensus estimates of $2.51 by $0.15. The firm had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.52 billion. Workday had a return on equity of 14.75% and a net margin of 8.60%.Workday’s quarterly revenue was up 13.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.23 EPS. Sell-side analysts anticipate that Workday, Inc. will post 5.38 EPS for the current fiscal year.

Analyst Ratings Changes

WDAY has been the subject of several research analyst reports. Citigroup reaffirmed a “market perform” rating on shares of Workday in a research note on Friday, May 22nd. DA Davidson set a $135.00 target price on Workday in a research report on Tuesday, May 26th. William Blair raised Workday to a “strong-buy” rating in a report on Friday, May 22nd. Wells Fargo & Company raised their price target on Workday from $185.00 to $215.00 and gave the company an “overweight” rating in a research report on Wednesday. Finally, Jefferies Financial Group lifted their price target on Workday from $140.00 to $205.00 and gave the stock a “hold” rating in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, fourteen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Workday has a consensus rating of “Moderate Buy” and a consensus target price of $187.36.

Insiders Place Their Bets

In related news, insider Robert Enslin sold 5,374 shares of the stock in a transaction on Sunday, July 5th. The stock was sold at an average price of $134.90, for a total transaction of $724,952.60. Following the sale, the insider owned 239,469 shares of the company’s stock, valued at $32,304,368.10. This trade represents a 2.19% decrease in their ownership of the stock. 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. 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 Workday stock in a transaction dated Thursday, July 9th. The stock was sold at an average price of $136.74, for a total value of $14,699,550.00. Following the sale, the insider owned 105,049 shares of the company’s stock, valued at approximately $14,364,400.26. This represents a 50.58% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 875,020 shares of company stock valued at $113,938,503. Insiders own 18.64% of the company’s stock.

Workday 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.