Workday, Inc. $WDAY Shares Acquired by First Eagle Investment Management LLC

Posted by Brenda Bartman on May 12th, 2026

First Eagle Investment Management LLC increased its stake in shares of Workday, Inc. (NASDAQ:WDAY – Free Report) by 87.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,338,773 shares of the software maker’s stock after buying an additional 2,028,085 shares during the quarter. Workday comprises about 1.6% of First Eagle Investment Management LLC’s holdings, making the stock its 25th largest position. First Eagle Investment Management LLC’s holdings in Workday were worth $931,882,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Finivi Inc. grew its holdings in shares of Workday by 3.3% during the third quarter. Finivi Inc. now owns 1,516 shares of the software maker’s stock worth $365,000 after buying an additional 48 shares during the last quarter. Strategic Investment Advisors MI grew its holdings in shares of Workday by 1.6% during the second quarter. Strategic Investment Advisors MI now owns 3,263 shares of the software maker’s stock worth $777,000 after buying an additional 50 shares during the last quarter. Legacy Financial Advisors Inc. grew its holdings in shares of Workday by 5.1% during the third quarter. Legacy Financial Advisors Inc. now owns 1,113 shares of the software maker’s stock worth $268,000 after buying an additional 54 shares during the last quarter. Waldron Private Wealth LLC grew its holdings in shares of Workday by 1.5% during the third quarter. Waldron Private Wealth LLC now owns 3,928 shares of the software maker’s stock worth $946,000 after buying an additional 59 shares during the last quarter. Finally, Sagespring Wealth Partners LLC grew its holdings in shares of Workday by 3.0% during the fourth quarter. Sagespring Wealth Partners LLC now owns 2,052 shares of the software maker’s stock worth $441,000 after buying an additional 59 shares during the last quarter. Hedge funds and other institutional investors own 89.81% of the company’s stock.

Workday Trading Down 5.0%

Shares of Workday stock opened at $121.42 on Tuesday. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.32 and a quick ratio of 1.32. Workday, Inc. has a 1 year low of $110.36 and a 1 year high of $276.00. The company has a market capitalization of $31.20 billion, a P/E ratio of 47.06, a P/E/G ratio of 1.24 and a beta of 1.04. The business has a 50 day moving average price of $129.26 and a 200 day moving average price of $176.07.

Workday (NASDAQ:WDAY – Get Free Report) last issued its quarterly earnings results on Tuesday, February 24th. The software maker reported $2.47 earnings per share for the quarter, beating the consensus estimate of $2.32 by $0.15. The company had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.52 billion. Workday had a return on equity of 13.37% and a net margin of 7.26%.Workday’s revenue was up 14.5% on a year-over-year basis. During the same period in the previous year, the firm posted $1.92 EPS. Sell-side analysts anticipate that Workday, Inc. will post 5.11 EPS for the current fiscal year.

Wall Street Analyst Weigh In

WDAY has been the topic of a number of analyst reports. Barclays lowered their price objective on Workday from $230.00 to $200.00 and set an “overweight” rating on the stock in a report on Wednesday, February 25th. Morgan Stanley lowered their price objective on Workday from $280.00 to $200.00 and set an “equal weight” rating on the stock in a report on Monday, February 23rd. JPMorgan Chase & Co. lowered their price objective on Workday from $270.00 to $230.00 and set an “overweight” rating on the stock in a report on Tuesday, February 24th. Rosenblatt Securities lowered their price objective on Workday from $180.00 to $150.00 and set a “buy” rating on the stock in a report on Wednesday, February 25th. Finally, Evercore lowered Workday from an “outperform” rating to an “in-line” rating and set a $160.00 price objective on the stock. in a report on Wednesday, February 25th. Nineteen research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $199.71.

Get Our Latest Stock Report on WDAY

Insider Activity at Workday

In other news, insider Robert Enslin sold 5,373 shares of the business’s stock in a transaction on Monday, April 6th. The shares were sold at an average price of $129.41, for a total transaction of $695,319.93. Following the completion of the sale, the insider directly owned 165,414 shares of the company’s stock, valued at $21,406,225.74. The trade was a 3.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 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, CAO Mark S. Garfield sold 1,585 shares of the business’s stock in a transaction on Friday, April 10th. The shares were sold at an average price of $113.05, for a total transaction of $179,184.25. Following the sale, the chief accounting officer directly owned 31,467 shares of the company’s stock, valued at $3,557,344.35. This represents a 4.80% decrease in their ownership of the stock. 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. Over the last three months, insiders sold 989,814 shares of company stock worth $131,576,291. 18.64% of the stock is owned by corporate insiders.

About Workday

(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.