Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Workday, Inc. (NASDAQ:WDAY). In a filing disclosed on June 08th, the Representative disclosed that they had sold between $15,001 and $50,000 in Workday stock on May 29th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of SoftBank Group (OTCMKTS:SFTBF) on 6/2/2026.
- Purchased $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 5/29/2026.
- Sold $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Independent Bank (NASDAQ:INDB) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Arcutis Biotherapeutics (NASDAQ:ARQT) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Perella Weinberg Partners (NASDAQ:PWP) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Cooper Companies (NASDAQ:COO) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Ligand Pharmaceuticals (NASDAQ:LGND) on 5/29/2026.
Workday Price Performance
NASDAQ WDAY traded down $2.76 during trading hours on Wednesday, hitting $137.47. 3,472,226 shares of the company’s stock traded hands, compared to its average volume of 5,164,280. 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 firm’s 50-day moving average is $127.88 and its 200-day moving average is $161.45. Workday, Inc. has a 52-week low of $110.36 and a 52-week high of $256.42. The company has a market capitalization of $33.96 billion, a PE ratio of 42.96, a PEG ratio of 1.52 and a beta of 1.09.
Institutional Trading of Workday
Several hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. boosted its stake in shares of Workday by 14.7% in the 4th quarter. Vanguard Group Inc. now owns 25,009,288 shares of the software maker’s stock valued at $5,371,495,000 after buying an additional 3,210,232 shares during the period. Auto Owners Insurance Co raised its holdings in Workday by 25,412.8% in the fourth quarter. Auto Owners Insurance Co now owns 10,230,616 shares of the software maker’s stock valued at $2,197,332,000 after acquiring an additional 10,190,516 shares in the last quarter. State Street Corp lifted its stake in Workday by 1.0% in the fourth quarter. State Street Corp now owns 9,770,707 shares of the software maker’s stock worth $2,098,552,000 after acquiring an additional 96,139 shares during the last quarter. Hotchkis & Wiley Capital Management LLC grew its holdings in Workday by 47.5% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 5,842,491 shares of the software maker’s stock worth $1,406,463,000 after acquiring an additional 1,882,391 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in Workday by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 5,091,926 shares of the software maker’s stock worth $1,089,970,000 after acquiring an additional 75,922 shares in the last quarter. 89.81% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets
In related news, insider Gerrit S. Kazmaier sold 9,356 shares of the company’s stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $128.39, for a total value of $1,201,216.84. Following the completion of the transaction, the insider directly owned 165,074 shares of the company’s stock, valued at $21,193,850.86. This represents a 5.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 the stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $149.56, for a total transaction of $16,077,700.00. Following the completion of the transaction, the insider owned 105,049 shares in the company, valued at $15,711,128.44. This represents a 50.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 774,814 shares of company stock worth $102,101,941. 18.64% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
WDAY has been the topic of several research analyst reports. Morgan Stanley reduced their price objective on shares of Workday from $280.00 to $200.00 and set an “equal weight” rating on the stock in a report on Monday, February 23rd. KeyCorp boosted their price target on shares of Workday from $155.00 to $158.00 and gave the company an “overweight” rating in a research note on Friday, May 22nd. Loop Capital set a $210.00 price objective on shares of Workday in a research report on Thursday, March 12th. DA Davidson set a $135.00 target price on shares of Workday in a report on Tuesday, May 26th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Workday in a research note on Friday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Workday has a consensus rating of “Moderate Buy” and an average price target of $185.03.
Read Our Latest Stock Analysis on WDAY
Key Stories Impacting Workday
Here are the key news stories impacting Workday this week:
- Positive Sentiment: Workday is getting attention for its AI push in finance, with a new platform aimed at replacing spreadsheet-heavy FP&A workflows. That supports the company’s long-term growth story and could help broaden adoption of its financial management tools. Article Title
- Positive Sentiment: Workday also announced continued momentum in Canada’s public sector, suggesting demand remains healthy for its HR and finance software as governments modernize with AI. Article Title
- Positive Sentiment: AvidXchange completed a Workday integration, which reinforces the ecosystem around Workday’s platform and may improve its value proposition for customers looking to streamline payments and AP workflows. Article Title
- Neutral Sentiment: Workday-related partner and talent coverage points to continued enterprise interest in the platform, but these items are more incremental than market-moving. Article Title
- Negative Sentiment: Fresh insider-sale headlines around major shareholder David Duffield are likely weighing on sentiment, especially alongside a broader stream of insider selling this year. Even if the sales are pre-planned, they can still create near-term supply concerns. Article Title
- Negative Sentiment: Investors are also digesting a more cautious analyst backdrop after recent downgrades and mixed price targets, which may be limiting upside despite Workday’s solid earnings and raised margin outlook. Article Title
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
About Workday
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.
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