Carmignac Gestion Purchases Shares of 457,500 Workday, Inc. $WDAY

Posted by George Bondi on Aug 3rd, 2026

Carmignac Gestion purchased a new position in shares of Workday, Inc. (NASDAQ:WDAY – Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 457,500 shares of the software maker’s stock, valued at approximately $59,438,000.

A number of other large investors also recently modified their holdings of the company. Norges Bank purchased a new stake in Workday during the fourth quarter worth approximately $448,804,000. Harvest Fund Management Co. Ltd increased its position in shares of Workday by 40.1% in the fourth quarter. Harvest Fund Management Co. Ltd now owns 55,605 shares of the software maker’s stock worth $11,943,000 after acquiring an additional 15,903 shares in the last quarter. Aurora Investment Counsel purchased a new position in shares of Workday in the 4th quarter valued at $2,357,000. Robeco Institutional Asset Management B.V. raised its stake in shares of Workday by 18.3% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 571,766 shares of the software maker’s stock valued at $122,804,000 after acquiring an additional 88,384 shares during the period. Finally, Morningstar Investment Management LLC lifted its holdings in shares of Workday by 127.2% during the 4th quarter. Morningstar Investment Management LLC now owns 27,043 shares of the software maker’s stock valued at $5,808,000 after acquiring an additional 15,138 shares in the last quarter. 89.81% of the stock is currently owned by hedge funds and other institutional investors.

Workday Stock Performance

Workday stock opened at $160.34 on Monday. The stock has a market cap of $39.60 billion, a P/E ratio of 50.11, a price-to-earnings-growth ratio of 1.71 and a beta of 1.08. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.30. The stock has a 50 day moving average of $136.31 and a 200-day moving average of $139.59. Workday, Inc. has a 52 week low of $110.36 and a 52 week high of $249.85.

Workday (NASDAQ:WDAY – Get Free Report) last issued its quarterly earnings results on Thursday, May 21st. The software maker reported $2.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.51 by $0.15. The business had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.52 billion. Workday had a net margin of 8.60% and a return on equity of 14.75%. The business’s revenue was up 13.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.23 earnings per share. On average, analysts expect that Workday, Inc. will post 5.38 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, major shareholder David A. Duffield sold 107,500 shares of the stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $122.04, for a total transaction of $13,119,300.00. Following the transaction, the insider owned 105,049 shares of the company’s stock, valued at approximately $12,820,179.96. This trade represents a 50.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Zane Rowe sold 6,000 shares of Workday stock in a transaction dated Tuesday, July 7th. The stock was sold at an average price of $143.70, for a total value of $862,200.00. Following the completion of the transaction, the chief financial officer owned 288,460 shares of the company’s stock, valued at $41,451,702. This trade represents a 2.04% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 875,020 shares of company stock valued at $113,938,503 in the last ninety days. Corporate insiders own 18.64% of the company’s stock.

Wall Street Analysts Forecast Growth

WDAY has been the subject of a number of research reports. Morgan Stanley cut shares of Workday from an “equal weight” rating to an “underweight” rating and decreased their price target for the stock from $185.00 to $145.00 in a research report on Tuesday, July 21st. Weiss Ratings restated a “sell (d+)” rating on shares of Workday in a research note on Wednesday, June 17th. Sanford C. Bernstein restated an “outperform” rating and set a $216.00 price objective on shares of Workday in a research note on Friday, May 22nd. UBS Group upped their target price on Workday from $130.00 to $140.00 and gave the stock a “neutral” rating in a research report on Friday, May 22nd. Finally, HC Wainwright set a $140.00 target price on Workday in a research note on Wednesday, May 27th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, thirteen have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $179.80.

Check Out Our Latest Report on WDAY

Workday Company Profile

(Free Report)

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.