Workday, Inc. $WDAY Stock Holdings Lessened by B.O.S.S. Retirement Advisors LLC

B.O.S.S. Retirement Advisors LLC lessened its stake in shares of Workday, Inc. (NASDAQ:WDAY) by 6.7% in the second quarter, according to its most recent filing with the SEC. The fund owned 3,670 shares of the software maker’s stock after selling 265 shares during the period. B.O.S.S. Retirement Advisors LLC’s holdings in Workday were worth $881,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Brighton Jones LLC lifted its holdings in shares of Workday by 230.2% during the fourth quarter. Brighton Jones LLC now owns 4,005 shares of the software maker’s stock valued at $1,033,000 after purchasing an additional 2,792 shares during the last quarter. Merit Financial Group LLC raised its holdings in Workday by 19.0% during the 1st quarter. Merit Financial Group LLC now owns 2,666 shares of the software maker’s stock worth $623,000 after buying an additional 426 shares during the period. Hennion & Walsh Asset Management Inc. raised its holdings in Workday by 16.6% during the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 2,057 shares of the software maker’s stock worth $480,000 after buying an additional 293 shares during the period. Financial Management Professionals Inc. lifted its stake in Workday by 54.0% during the first quarter. Financial Management Professionals Inc. now owns 154 shares of the software maker’s stock valued at $36,000 after buying an additional 54 shares in the last quarter. Finally, Grassi Investment Management boosted its holdings in shares of Workday by 0.4% in the first quarter. Grassi Investment Management now owns 13,460 shares of the software maker’s stock worth $3,143,000 after buying an additional 50 shares during the period. 89.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, major shareholder David A. Duffield sold 72,118 shares of the stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $241.57, for a total transaction of $17,421,545.26. Following the transaction, the insider owned 102,997 shares of the company’s stock, valued at approximately $24,880,985.29. This represents a 41.18% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Mark S. Garfield sold 451 shares of the firm’s stock in a transaction that occurred on Thursday, July 10th. The shares were sold at an average price of $234.86, for a total value of $105,921.86. Following the completion of the transaction, the chief accounting officer directly owned 42,977 shares in the company, valued at $10,093,578.22. The trade was a 1.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 247,004 shares of company stock worth $57,511,876 over the last ninety days. 19.31% of the stock is currently owned by corporate insiders.

Workday Price Performance

NASDAQ WDAY opened at $232.21 on Thursday. The company has a quick ratio of 2.10, a current ratio of 2.10 and a debt-to-equity ratio of 0.33. The stock has a market capitalization of $62.00 billion, a PE ratio of 107.51, a price-to-earnings-growth ratio of 3.00 and a beta of 1.10. Workday, Inc. has a 12-month low of $205.33 and a 12-month high of $294.00. The company has a 50 day moving average price of $230.27 and a two-hundred day moving average price of $237.71.

Workday (NASDAQ:WDAY) last released its quarterly earnings results on Thursday, August 21st. The software maker reported $2.21 earnings per share for the quarter, beating analysts’ consensus estimates of $2.09 by $0.12. The business had revenue of $2.35 billion for the quarter, compared to the consensus estimate of $2.34 billion. Workday had a net margin of 6.51% and a return on equity of 9.74%. Workday’s revenue for the quarter was up 12.6% on a year-over-year basis. During the same quarter last year, the firm earned $1.75 EPS. Workday has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. As a group, equities analysts predict that Workday, Inc. will post 2.63 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Royal Bank Of Canada restated an “outperform” rating and set a $340.00 price target on shares of Workday in a report on Wednesday, September 17th. JMP Securities reissued a “market outperform” rating and set a $315.00 target price on shares of Workday in a research note on Wednesday, September 17th. KeyCorp reduced their target price on Workday from $325.00 to $285.00 and set an “overweight” rating for the company in a report on Friday, August 22nd. TD Cowen lowered their price target on Workday from $310.00 to $290.00 and set a “buy” rating on the stock in a report on Wednesday, September 17th. Finally, BMO Capital Markets reduced their price objective on Workday from $314.00 to $285.00 and set an “outperform” rating for the company in a research note on Friday, August 22nd. Three investment analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $287.83.

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.