Clarius Group LLC Sells 198 Shares of Workday, Inc. $WDAY

Clarius Group LLC decreased its holdings in Workday, Inc. (NASDAQ:WDAY) by 11.7% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,488 shares of the software maker’s stock after selling 198 shares during the period. Clarius Group LLC’s holdings in Workday were worth $357,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of WDAY. Brighton Jones LLC raised its stake in Workday by 230.2% in 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 in the last quarter. Merit Financial Group LLC raised its stake in Workday by 19.0% in the first quarter. Merit Financial Group LLC now owns 2,666 shares of the software maker’s stock worth $623,000 after buying an additional 426 shares in the last quarter. Hennion & Walsh Asset Management Inc. raised its stake in Workday by 16.6% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 2,057 shares of the software maker’s stock worth $480,000 after buying an additional 293 shares in the last quarter. SeaCrest Wealth Management LLC raised its stake in Workday by 9.7% in the first quarter. SeaCrest Wealth Management LLC now owns 1,347 shares of the software maker’s stock worth $315,000 after buying an additional 119 shares in the last quarter. Finally, UMB Bank n.a. raised its stake in Workday by 29.0% in the first quarter. UMB Bank n.a. now owns 1,367 shares of the software maker’s stock worth $319,000 after buying an additional 307 shares in the last quarter. Institutional investors own 89.81% of the company’s stock.

Insider Transactions at Workday

In other Workday news, CAO Mark S. Garfield sold 451 shares of the company’s stock in a transaction on Thursday, July 10th. The shares were sold at an average price of $234.86, for a total value of $105,921.86. Following the sale, the chief accounting officer directly owned 42,977 shares of the company’s stock, valued at approximately $10,093,578.22. This represents a 1.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Carl M. Eschenbach sold 6,250 shares of the company’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $237.52, for a total transaction of $1,484,500.00. Following the completion of the sale, the chief executive officer directly owned 20,222 shares in the company, valued at approximately $4,803,129.44. The trade was a 23.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 174,703 shares of company stock valued at $40,174,891 in the last quarter. Insiders own 20.00% of the company’s stock.

Workday Price Performance

NASDAQ WDAY opened at $238.36 on Tuesday. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.10 and a quick ratio of 2.10. The stock’s fifty day moving average price is $230.07 and its 200 day moving average price is $237.21. Workday, Inc. has a 1 year low of $205.33 and a 1 year high of $294.00. The company has a market cap of $63.64 billion, a price-to-earnings ratio of 110.35, a PEG ratio of 2.95 and a beta of 1.10.

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

Analysts Set New Price Targets

WDAY has been the topic of a number of recent analyst reports. Needham & Company LLC reaffirmed a “buy” rating and set a $300.00 price target on shares of Workday in a research report on Wednesday, September 17th. TD Cowen reduced their price target on Workday from $310.00 to $290.00 and set a “buy” rating on the stock in a research report on Wednesday, September 17th. DA Davidson upped their price target on Workday from $225.00 to $260.00 and gave the stock a “neutral” rating in a research report on Friday, September 19th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $304.00 price target on shares of Workday in a research report on Friday, August 22nd. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $340.00 price target on shares of Workday in a research report on Wednesday, September 17th. Three analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Workday presently has an average rating of “Moderate Buy” and a consensus target price of $287.83.

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.