Workday, Inc. $WDAY Shares Sold by Paradigm Asset Management Co. LLC

Paradigm Asset Management Co. LLC lowered its stake in shares of Workday, Inc. (NASDAQ:WDAY) by 44.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 500 shares of the software maker’s stock after selling 400 shares during the quarter. Paradigm Asset Management Co. LLC’s holdings in Workday were worth $120,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in WDAY. Dagco Inc. bought a new stake in shares of Workday in the 1st quarter worth about $31,000. Golden State Wealth Management LLC increased its holdings in Workday by 2,216.7% in the second quarter. Golden State Wealth Management LLC now owns 139 shares of the software maker’s stock valued at $33,000 after buying an additional 133 shares during the last quarter. BankPlus Trust Department bought a new stake in Workday in the first quarter valued at about $40,000. Physician Wealth Advisors Inc. acquired a new stake in Workday during the second quarter valued at approximately $42,000. Finally, Geneos Wealth Management Inc. lifted its holdings in Workday by 211.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 187 shares of the software maker’s stock worth $44,000 after buying an additional 127 shares during the last quarter. Institutional investors own 89.81% of the company’s stock.

Insider Buying and Selling

In other news, 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 transaction of $1,268,217.88. Following the transaction, the director directly owned 24,078 shares of the company’s stock, valued at approximately $5,662,182.48. This trade represents a 18.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Richard Harry Sauer sold 2,320 shares of the company’s stock in a transaction dated Tuesday, October 7th. The stock was sold at an average price of $235.87, for a total transaction of $547,218.40. Following the completion of the sale, the insider directly owned 90,077 shares of the company’s stock, valued at $21,246,461.99. The trade was a 2.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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.

Workday Price Performance

NASDAQ WDAY opened at $225.17 on Friday. The company has a 50-day moving average price of $234.83 and a two-hundred day moving average price of $238.29. Workday, Inc. has a 52 week low of $205.33 and a 52 week high of $294.00. The stock has a market cap of $60.12 billion, a price-to-earnings ratio of 104.25, a price-to-earnings-growth ratio of 2.81 and a beta of 1.11. The company has a current ratio of 2.10, a quick ratio of 2.10 and a debt-to-equity ratio of 0.33.

Workday (NASDAQ:WDAY) last issued its quarterly earnings data on Thursday, August 21st. The software maker reported $2.21 earnings per share (EPS) 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 business had revenue of $2.35 billion during the quarter, compared to the consensus estimate of $2.34 billion. During the same period in the previous year, the firm posted $1.75 earnings per share. The business’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. Analysts forecast that Workday, Inc. will post 2.63 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on WDAY shares. KeyCorp lowered their price target on Workday from $325.00 to $285.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. Stifel Nicolaus lowered their target price on shares of Workday from $275.00 to $255.00 and set a “hold” rating for the company in a research note on Friday, August 22nd. Wells Fargo & Company reduced their price target on shares of Workday from $325.00 to $300.00 and set an “overweight” rating on the stock in a research report on Monday, August 18th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $265.00 price objective on shares of Workday in a research report on Wednesday, September 17th. Finally, Evercore ISI raised their target price on shares of Workday from $275.00 to $300.00 and gave the stock an “outperform” rating in a report on Wednesday, September 17th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $287.86.

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.