Workday, Inc. $WDAY Shares Bought by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. raised its holdings in Workday, Inc. (NASDAQ:WDAY) by 0.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 92,809 shares of the software maker’s stock after purchasing an additional 74 shares during the period. Asset Management One Co. Ltd.’s holdings in Workday were worth $22,274,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. raised its position in shares of Workday by 2.3% in the 1st quarter. Vanguard Group Inc. now owns 20,598,655 shares of the software maker’s stock valued at $4,810,404,000 after purchasing an additional 455,855 shares in the last quarter. T. Rowe Price Investment Management Inc. raised its position in shares of Workday by 47.5% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 3,764,598 shares of the software maker’s stock valued at $879,147,000 after purchasing an additional 1,211,659 shares in the last quarter. The Manufacturers Life Insurance Company raised its position in shares of Workday by 0.4% in the 1st quarter. The Manufacturers Life Insurance Company now owns 3,736,609 shares of the software maker’s stock valued at $872,610,000 after purchasing an additional 14,354 shares in the last quarter. Hotchkis & Wiley Capital Management LLC raised its position in shares of 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 valued at $812,475,000 after acquiring an additional 913,613 shares in the last quarter. Finally, Parnassus Investments LLC raised its position in shares of Workday by 22.4% during the 1st quarter. Parnassus Investments LLC now owns 2,996,429 shares of the software maker’s stock valued at $699,756,000 after acquiring an additional 548,694 shares in the last quarter. 89.81% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, insider Richard Harry Sauer sold 2,320 shares of the stock in a transaction on Tuesday, October 7th. The stock was sold at an average price of $235.87, for a total value of $547,218.40. Following the completion of the transaction, the insider owned 90,077 shares of the company’s stock, valued at approximately $21,246,461.99. This represents a 2.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Michael M. Mcnamara sold 5,393 shares of the 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 completion of the transaction, the director directly owned 24,078 shares of the company’s stock, valued at approximately $5,662,182.48. The trade was a 18.30% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 264,933 shares of company stock valued at $61,475,760. Company insiders own 19.31% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on WDAY shares. Sanford C. Bernstein reissued an “outperform” rating and set a $304.00 price target on shares of Workday in a research report on Friday, August 22nd. Wall Street Zen raised Workday from a “hold” rating to a “buy” rating in a research report on Sunday, July 13th. Citigroup dropped their price target on Workday from $279.00 to $260.00 and set a “neutral” rating on the stock in a research report on Friday, August 22nd. Guggenheim raised Workday from a “neutral” rating to a “buy” rating and set a $285.00 price target on the stock in a research report on Wednesday, September 17th. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $265.00 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, the company has a consensus rating of “Moderate Buy” and an average price target of $287.83.

Workday Price Performance

Shares of NASDAQ WDAY opened at $242.75 on Friday. Workday, Inc. has a 1-year low of $205.33 and a 1-year high of $294.00. 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 business’s fifty day moving average price is $233.64 and its two-hundred day moving average price is $237.69. The firm has a market capitalization of $64.81 billion, a PE ratio of 112.38, a P/E/G ratio of 3.03 and a beta of 1.10.

Workday (NASDAQ:WDAY) last issued its earnings results on Thursday, August 21st. The software maker reported $2.21 earnings per share for the quarter, topping 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 analyst estimates of $2.34 billion. During the same period last year, the company earned $1.75 earnings per share. The firm’s revenue for the quarter was up 12.6% on a year-over-year basis. Workday has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. On average, research analysts expect that Workday, Inc. will post 2.63 EPS for the current 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.