Workday, Inc. $WDAY Stock: Vontobel Holding Ltd. Reduces Position

Posted by Geri Gentry on Oct 18th, 2026

Vontobel Holding Ltd. lowered its position in Workday, Inc. (NASDAQ:WDAY – Free Report) by 12.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 26,416 shares of the software maker’s stock after selling 3,749 shares during the period. Vontobel Holding Ltd.’s holdings in Workday were worth $5,031,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Lakehouse Capital Pty Ltd increased its position in shares of Workday by 77.9% during the 3rd quarter. Lakehouse Capital Pty Ltd now owns 43,773 shares of the software maker’s stock valued at $8,337,000 after purchasing an additional 19,174 shares during the last quarter. Plato Investment Management Ltd bought a new position in shares of Workday in the 2nd quarter worth approximately $1,115,000. S&CO Inc. purchased a new position in shares of Workday in the second quarter worth approximately $2,284,000. Sapient Capital LLC purchased a new position in shares of Workday in the second quarter worth approximately $13,045,000. Finally, Fluent Financial LLC purchased a new position in shares of Workday in the second quarter worth approximately $2,249,000. Hedge funds and other institutional investors own 89.81% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Barclays boosted their target price on shares of Workday from $200.00 to $224.00 and gave the company an “overweight” rating in a research report on Friday, August 28th. Citigroup reiterated a “neutral” rating on shares of Workday in a research report on Tuesday, October 6th. Freedom Broker cut shares of Workday from a “buy” rating to a “hold” rating and lifted their price target for the stock from $180.00 to $200.00 in a research note on Friday, August 28th. Guggenheim reissued a “buy” rating and set a $275.00 price objective on shares of Workday in a research report on Friday, August 21st. Finally, Dbs Bank raised shares of Workday to a “hold” rating in a research report on Wednesday, September 9th. Nineteen equities research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $205.03.

Get Our Latest Stock Analysis on WDAY

Workday Trading Down 3.0%

Shares of NASDAQ:WDAY opened at $190.81 on Friday. The stock has a 50 day moving average of $191.78 and a 200 day moving average of $153.66. The company has a market cap of $45.99 billion, a PE ratio of 38.70, a price-to-earnings-growth ratio of 1.91 and a beta of 1.07. Workday, Inc. has a 12-month low of $110.36 and a 12-month high of $247.40. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.31.

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

Key Workday News

Here are the key news stories impacting Workday this week:

Positive Sentiment: Workday’s agentic-AI strategy remains a potential long-term growth driver. BTIG said the company’s investor-day presentation showed progress with Sana, Decision Intelligence and other AI products that could support customer adoption and future monetization. BTIG Workday AI analysis
Positive Sentiment: Workday’s agreement to acquire C1.ai could strengthen identity, security and governance capabilities for employees and AI agents, although financial terms and the earnings impact were not disclosed. Workday C1.ai acquisition coverage
Neutral Sentiment: BTIG maintained a Hold rating, saying AI monetization is still at an early stage and the stock’s valuation appears broadly fair. BTIG Hold rating
Negative Sentiment: Stifel raised its price target to $175 but kept a Hold rating, leaving the target below the recent trading level and reinforcing valuation concerns. Stifel price target update
Negative Sentiment: Multiple cautious analyst notes are offsetting the bullish AI narrative. Investors are questioning whether slowing growth and tighter HR spending will delay returns on Workday’s AI investments, while insider sales—including a Rule 10b5-1 sale of 918 shares by Chief Accounting Officer Mark Garfield—add modestly negative sentiment. Workday insider sale

Insiders Place Their Bets

In other Workday news, major shareholder David Duffield sold 100,780 shares of the company’s stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $185.64, for a total value of $18,708,799.20. Following the completion of the transaction, the insider directly owned 105,049 shares in the company, valued at $19,501,296.36. This represents a 48.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 988,104 shares of company stock worth $188,811,574 over the last quarter. 18.64% of the stock is owned by insiders.

About Workday

(Free Report)

Workday, Inc develops cloud-based enterprise software for managing an organization’s people, finances and operations. Its platform is primarily used by businesses, government agencies and educational institutions to support human resources, finance, planning, analytics and related administrative processes.

The company’s offerings include Workday Human Capital Management, Financial Management, Adaptive Planning, Spend Management, payroll, recruiting, talent management, learning and workforce analytics.