DekaBank Deutsche Girozentrale Acquires 24,723 Shares of Workday, Inc. $WDAY

DekaBank Deutsche Girozentrale increased its holdings in shares of Workday, Inc. (NASDAQ:WDAYFree Report) by 24.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 126,363 shares of the software maker’s stock after acquiring an additional 24,723 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Workday were worth $30,172,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of WDAY. Brighton Jones LLC grew its position in Workday by 230.2% during the 4th quarter. Brighton Jones LLC now owns 4,005 shares of the software maker’s stock worth $1,033,000 after acquiring an additional 2,792 shares during the last quarter. GAMMA Investing LLC grew its position in Workday by 128.5% during the 1st quarter. GAMMA Investing LLC now owns 2,820 shares of the software maker’s stock worth $659,000 after acquiring an additional 1,586 shares during the last quarter. Oppenheimer & Co. Inc. grew its position in Workday by 3.6% during the 1st quarter. Oppenheimer & Co. Inc. now owns 6,318 shares of the software maker’s stock worth $1,475,000 after acquiring an additional 218 shares during the last quarter. Asset Management One Co. Ltd. grew its position in Workday by 8.8% during the 1st quarter. Asset Management One Co. Ltd. now owns 92,735 shares of the software maker’s stock worth $21,656,000 after acquiring an additional 7,518 shares during the last quarter. Finally, Legacy Advisors LLC grew its position in Workday by 20.9% during the 1st quarter. Legacy Advisors LLC now owns 1,970 shares of the software maker’s stock worth $460,000 after acquiring an additional 340 shares during the last quarter. 89.81% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

WDAY has been the topic of a number of recent research reports. TD Cowen decreased their price objective on Workday from $310.00 to $290.00 and set a “buy” rating on the stock in a research report on Wednesday, September 17th. Canaccord Genuity Group decreased their price objective on Workday from $330.00 to $275.00 and set a “buy” rating on the stock in a research report on Friday, August 22nd. Guggenheim upgraded Workday from a “neutral” rating to a “buy” rating and set a $285.00 price objective on the stock in a research report on Wednesday, September 17th. Barclays increased their price objective on Workday from $285.00 to $288.00 and gave the company an “overweight” rating in a research report on Thursday, September 18th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on Workday from $330.00 to $280.00 and set a “buy” rating on the stock in a research report on Friday, August 22nd. Three research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Workday presently has a consensus rating of “Moderate Buy” and a consensus price target of $287.83.

Get Our Latest Analysis on WDAY

Insider Buying and Selling at Workday

In related news, CFO Zane Rowe sold 6,000 shares of the firm’s stock in a transaction on Tuesday, October 7th. The stock was sold at an average price of $232.62, for a total transaction of $1,395,720.00. Following the sale, the chief financial officer owned 168,468 shares of the company’s stock, valued at approximately $39,189,026.16. This trade represents a 3.44% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Michael M. Mcnamara sold 5,393 shares of the firm’s stock in a transaction on Friday, October 10th. The stock was sold at an average price of $235.16, for a total value of $1,268,217.88. Following the sale, the director directly owned 24,078 shares in the company, valued at $5,662,182.48. The trade was a 18.30% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 264,933 shares of company stock worth $61,475,760 in the last three months. 19.31% of the stock is owned by insiders.

Workday Stock Performance

WDAY stock opened at $242.83 on Thursday. The business’s fifty day moving average is $232.88 and its 200-day moving average is $237.09. The company has a quick ratio of 2.10, a current ratio of 2.10 and a debt-to-equity ratio of 0.33. The company has a market cap of $64.84 billion, a P/E ratio of 112.42, a price-to-earnings-growth ratio of 3.06 and a beta of 1.10. Workday, Inc. has a twelve month low of $205.33 and a twelve month high of $294.00.

Workday (NASDAQ:WDAYGet Free Report) last posted its quarterly earnings results on Thursday, August 21st. The software maker reported $2.21 earnings per share for the quarter, beating analysts’ consensus estimates of $2.09 by $0.12. The company had revenue of $2.35 billion for 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 firm’s quarterly revenue was up 12.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.75 EPS. Workday has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. Equities research analysts forecast that Workday, Inc. will post 2.63 EPS for the current year.

Workday Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Workday (NASDAQ:WDAY)

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