Figure 8 Investment Strategies LLC Has $804,000 Stake in Workday, Inc. $WDAY

Posted by Stanley Muller on Sep 6th, 2026

Figure 8 Investment Strategies LLC grew its position in Workday, Inc. (NASDAQ:WDAY – Free Report) by 84.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,571 shares of the software maker’s stock after purchasing an additional 3,003 shares during the quarter. Figure 8 Investment Strategies LLC’s holdings in Workday were worth $804,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Strategic Investment Advisors MI lifted its holdings in Workday by 1.6% in the second quarter. Strategic Investment Advisors MI now owns 3,263 shares of the software maker’s stock valued at $777,000 after buying an additional 50 shares during the period. L2 Asset Management LLC grew its holdings in Workday by 7.8% during the 4th quarter. L2 Asset Management LLC now owns 1,079 shares of the software maker’s stock worth $232,000 after acquiring an additional 78 shares during the period. Oregon Public Employees Retirement Fund raised its position in shares of Workday by 0.3% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 24,798 shares of the software maker’s stock worth $5,326,000 after acquiring an additional 80 shares in the last quarter. Colonial Trust Co SC lifted its stake in shares of Workday by 45.8% in the 4th quarter. Colonial Trust Co SC now owns 280 shares of the software maker’s stock valued at $60,000 after purchasing an additional 88 shares during the period. Finally, Scotia Capital Inc. lifted its stake in shares of Workday by 5.4% in the 3rd quarter. Scotia Capital Inc. now owns 1,759 shares of the software maker’s stock valued at $423,000 after purchasing an additional 90 shares during the period. Institutional investors own 89.81% of the company’s stock.

Insiders Place Their Bets

In other Workday news, insider Robert Enslin sold 5,374 shares of the firm’s stock in a transaction on Sunday, July 5th. The stock was sold at an average price of $134.90, for a total transaction of $724,952.60. Following the transaction, the insider directly owned 239,469 shares in the company, valued at approximately $32,304,368.10. This trade represents a 2.19% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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, CFO Zane Rowe sold 6,000 shares of the company’s stock in a transaction on Tuesday, July 7th. The stock was sold at an average price of $143.70, for a total transaction of $862,200.00. Following the completion of the sale, the chief financial officer owned 288,460 shares of the company’s stock, valued at approximately $41,451,702. The trade was a 2.04% decrease in their position. The SEC filing for this sale provides additional information. 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 862,481 shares of company stock worth $116,785,581 in the last three months. 18.64% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts recently commented on WDAY shares. Capital One Financial set a $219.00 target price on Workday and gave the stock an “equal weight” rating in a research note on Friday, August 28th. Weiss Ratings raised Workday from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, August 13th. CLSA assumed coverage on shares of Workday in a research note on Monday, July 20th. They issued an “underperform” rating and a $92.00 price objective for the company. Canaccord Genuity Group boosted their target price on shares of Workday from $200.00 to $225.00 and gave the company a “buy” rating in a research report on Tuesday, August 25th. Finally, TD Cowen cut their target price on shares of Workday from $220.00 to $210.00 and set a “hold” rating on the stock in a research note on Friday, August 28th. Twenty analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Workday has an average rating of “Hold” and a consensus price target of $206.34.

View Our Latest Stock Analysis on Workday

Workday Trading Down 5.4%

Shares of Workday stock opened at $195.79 on Friday. 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, Inc. has a 52 week low of $110.36 and a 52 week high of $249.85. The stock has a 50 day moving average price of $166.01 and a two-hundred day moving average price of $142.61. The stock has a market capitalization of $48.36 billion, a PE ratio of 39.71, a price-to-earnings-growth ratio of 1.98 and a beta of 1.08.

Workday (NASDAQ:WDAY – Get Free Report) last issued its quarterly earnings data on Thursday, August 27th. The software maker reported $2.75 EPS for the quarter, topping the consensus estimate of $2.61 by $0.14. Workday had a return on equity of 20.95% and a net margin of 12.32%.The firm had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.64 billion. During the same period in the prior year, the business posted $2.21 earnings per share. The company’s quarterly revenue was up 12.8% compared to the same quarter last year. As a group, equities analysts anticipate that Workday, Inc. will post 5.3 earnings per share for the current fiscal year.

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.