Bank Pictet & Cie Europe AG Buys 5,811 Shares of Workday, Inc. $WDAY

Posted by Stanley Muller on Oct 20th, 2026

Bank Pictet & Cie Europe AG increased its stake in Workday, Inc. (NASDAQ:WDAY – Free Report) by 8.1% during the third quarter, HoldingsChannel reports. The firm owned 77,362 shares of the software maker’s stock after acquiring an additional 5,811 shares during the period. Bank Pictet & Cie Europe AG’s holdings in Workday were worth $14,734,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of WDAY. Pictet Asset Management Holding SA grew its holdings in Workday by 8.7% during the first quarter. Pictet Asset Management Holding SA now owns 2,803,568 shares of the software maker’s stock valued at $364,217,000 after purchasing an additional 223,493 shares during the period. Tidal Investments LLC raised its stake in shares of Workday by 43.6% in the second quarter. Tidal Investments LLC now owns 1,439,456 shares of the software maker’s stock valued at $176,218,000 after buying an additional 437,175 shares during the period. First Trust Advisors LP raised its stake in shares of Workday by 9.6% in the first quarter. First Trust Advisors LP now owns 1,416,176 shares of the software maker’s stock valued at $183,990,000 after buying an additional 124,524 shares during the period. Pacer Advisors Inc. raised its stake in shares of Workday by 60.4% in the first quarter. Pacer Advisors Inc. now owns 1,227,051 shares of the software maker’s stock valued at $159,418,000 after buying an additional 462,002 shares during the period. Finally, Temasek Holdings Private Ltd lifted its position in shares of Workday by 9.5% during the 1st quarter. Temasek Holdings Private Ltd now owns 889,318 shares of the software maker’s stock valued at $115,540,000 after buying an additional 77,330 shares during the last quarter. Hedge funds and other institutional investors own 89.81% of the company’s stock.

Insider Activity at Workday

In other Workday news, insider Gerrit S. Kazmaier sold 2,729 shares of the firm’s stock in a transaction dated Tuesday, October 6th. The stock was sold at an average price of $187.28, for a total value of $511,087.12. Following the completion of the transaction, the insider owned 251,314 shares in the company, valued at $47,066,085.92. This trade represents a 1.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 99,835 shares of Workday stock in a transaction dated Friday, October 9th. The shares were sold at an average price of $187.55, for a total value of $18,724,054.25. Following the transaction, the insider directly owned 105,049 shares of the company’s stock, valued at $19,701,939.95. The trade was a 48.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 988,104 shares of company stock worth $188,811,574 in the last 90 days. 18.64% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

WDAY has been the subject of several research reports. Bank of America increased their price target on Workday from $140.00 to $205.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 19th. Wells Fargo & Company boosted their price objective on Workday from $215.00 to $225.00 and gave the company an “overweight” rating in a research note on Friday, August 28th. Piper Sandler boosted their price objective on Workday from $145.00 to $190.00 and gave the company a “neutral” rating in a research note on Friday, August 28th. DA Davidson upped their price objective on shares of Workday from $135.00 to $190.00 and gave the company a “neutral” rating in a report on Friday, August 28th. Finally, Dbs Bank raised shares of Workday to a “hold” rating in a report on Wednesday, September 9th. Nineteen research analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $205.03.

View Our Latest Research Report on Workday

Workday Stock Performance

WDAY stock traded up $6.89 during midday trading on Tuesday, reaching $202.09. 881,522 shares of the company’s stock traded hands, compared to its average volume of 4,639,992. The firm has a market capitalization of $48.70 billion, a PE ratio of 41.04, a price-to-earnings-growth ratio of 1.91 and a beta of 1.07. The company has a 50-day moving average price of $192.00 and a two-hundred day moving average price of $154.29. Workday, Inc. has a 52 week low of $110.36 and a 52 week high of $247.40. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.91 and a current ratio of 0.91.

Workday (NASDAQ:WDAY – Get Free Report) last posted its quarterly earnings results on Thursday, August 27th. The software maker reported $2.75 EPS for the quarter, topping analysts’ consensus estimates of $2.61 by $0.14. The firm had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.64 billion. Workday had a return on equity of 20.95% and a net margin of 12.32%. The business’s revenue for the quarter was up 12.8% on a year-over-year basis. During the same period last year, the company earned $2.21 earnings per share. As a group, equities analysts anticipate that Workday, Inc. will post 5.33 EPS for the current year.

More Workday News

Here are the key news stories impacting Workday this week:

Positive Sentiment: Workday was named a Leader in Gartner’s 2026 Magic Quadrant for Cloud ERP Finance. The recognition may strengthen Workday’s credibility with large enterprise customers and support demand for its finance platform. Workday Named a Leader in 2026 Gartner Magic Quadrant for Cloud ERP Finance
Positive Sentiment: Workday’s new Decision Intelligence platform, which combines workforce and financial data with AI, is being viewed as a potential growth driver. The offering could increase product adoption and help the company compete for enterprise AI spending. Can WDAY’s New AI Offerings Across Business Functions Drive Growth?
Neutral Sentiment: KeyCorp’s published estimates call for Workday earnings of $1.71, $1.94, $2.05 and $2.27 per share across the first four quarters of fiscal 2028. The estimates provide an earnings framework but do not represent an upgrade; the firm retains a “Sector Weight” rating. Workday Shares Fall on KeyBanc Downgrade
Neutral Sentiment: Recent commentary highlights Workday’s potential role as a trusted data and AI layer for enterprises, but also notes that ServiceNow has generated stronger revenue growth than Workday in recent quarters. This underscores both the opportunity in AI and the competitive execution risk. ServiceNow vs. Workday
Negative Sentiment: KeyCorp downgraded Workday to “Sector Weight,” signaling limited near-term upside after the stock’s strong advance. The cautious rating may weigh on the shares even as the bank’s earnings estimates remain in line with the broader outlook. Workday Shares Fall on KeyBanc Downgrade

Workday Company Profile

(Free Report)

Workday, Inc is an enterprise software company that provides cloud-based applications for managing human resources, finance and business operations. Its platform is designed to help organizations manage workforce information, accounting, financial reporting, procurement, expenses and other core business processes through a unified software environment.

The company’s products include human capital management, financial management, financial planning, spend management, payroll, recruiting, talent management, workforce planning, analytics and reporting solutions.