180 Wealth Advisors LLC grew its position in Workday, Inc. (NASDAQ:WDAY – Free Report) by 7.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,568 shares of the software maker’s stock after purchasing an additional 105 shares during the quarter. 180 Wealth Advisors LLC’s holdings in Workday were worth $376,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Chicago Capital LLC grew its position in shares of Workday by 2.2% in the second quarter. Chicago Capital LLC now owns 175,802 shares of the software maker’s stock valued at $42,193,000 after purchasing an additional 3,824 shares during the last quarter. Nisa Investment Advisors LLC boosted its stake in shares of Workday by 33.8% in the first quarter. Nisa Investment Advisors LLC now owns 32,055 shares of the software maker’s stock valued at $7,486,000 after buying an additional 8,093 shares during the period. State of Alaska Department of Revenue boosted its stake in shares of Workday by 21.1% in the second quarter. State of Alaska Department of Revenue now owns 30,370 shares of the software maker’s stock valued at $7,288,000 after buying an additional 5,300 shares during the period. LBP AM SA boosted its stake in shares of Workday by 23.4% in the second quarter. LBP AM SA now owns 50,676 shares of the software maker’s stock valued at $12,162,000 after buying an additional 9,606 shares during the period. Finally, One Degree Advisors Inc bought a new stake in shares of Workday in the second quarter valued at approximately $369,000. Institutional investors and hedge funds own 89.81% of the company’s stock.
Analysts Set New Price Targets
Several equities research analysts recently issued reports on the company. DA Davidson boosted their price target on Workday from $225.00 to $260.00 and gave the company a “neutral” rating in a research note on Friday, September 19th. UBS Group set a $304.00 price target on Workday in a research note on Friday, August 22nd. Piper Sandler upgraded Workday from an “underweight” rating to a “neutral” rating and boosted their price target for the company from $220.00 to $235.00 in a research note on Wednesday, September 17th. Zacks Research upgraded Workday from a “hold” rating to a “strong-buy” rating in a research note on Thursday, September 18th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Workday in a research note on Friday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $287.83.
Insider Buying and Selling
In other news, major shareholder David A. Duffield sold 78,564 shares of the stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $220.12, for a total value of $17,293,507.68. Following the completion of the transaction, the insider directly owned 102,997 shares in the company, valued at approximately $22,671,699.64. This represents a 43.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Carl M. Eschenbach sold 6,250 shares of the stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $237.52, for a total value of $1,484,500.00. Following the completion of the transaction, the chief executive officer owned 20,222 shares of the company’s stock, valued at $4,803,129.44. The trade was a 23.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 264,933 shares of company stock worth $61,475,760 in the last ninety days. Insiders own 19.31% of the company’s stock.
Workday Stock Down 0.2%
NASDAQ WDAY opened at $242.75 on Friday. Workday, Inc. has a fifty-two week low of $205.33 and a fifty-two week high of $294.00. The stock has a market capitalization of $64.81 billion, a PE ratio of 112.38, a PEG ratio of 3.03 and a beta of 1.10. 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 has a fifty day moving average price of $233.64 and a two-hundred day moving average price of $237.69.
Workday (NASDAQ:WDAY – Get Free Report) last announced its quarterly earnings results on Thursday, August 21st. The software maker reported $2.21 EPS for the quarter, beating analysts’ consensus estimates of $2.09 by $0.12. Workday had a return on equity of 9.74% and a net margin of 6.51%.The company had revenue of $2.35 billion during the quarter, compared to analysts’ expectations of $2.34 billion. During the same period in the prior year, the company earned $1.75 EPS. Workday’s revenue was up 12.6% compared to the same quarter last year. Workday has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. Equities analysts expect that Workday, Inc. will post 2.63 earnings per share for the current fiscal 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.
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