Workday, Inc. $WDAY Shares Bought by Yousif Capital Management LLC

Yousif Capital Management LLC boosted its position in shares of Workday, Inc. (NASDAQ:WDAY) by 1.0% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 24,405 shares of the software maker’s stock after acquiring an additional 237 shares during the quarter. Yousif Capital Management LLC’s holdings in Workday were worth $5,857,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Private Trust Co. NA lifted its position in Workday by 15.2% during the 1st quarter. Private Trust Co. NA now owns 318 shares of the software maker’s stock worth $74,000 after acquiring an additional 42 shares during the period. Whittier Trust Co. of Nevada Inc. lifted its position in Workday by 15.0% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 353 shares of the software maker’s stock worth $82,000 after acquiring an additional 46 shares during the period. AE Wealth Management LLC lifted its position in Workday by 0.4% during the 1st quarter. AE Wealth Management LLC now owns 11,896 shares of the software maker’s stock worth $2,778,000 after acquiring an additional 46 shares during the period. Bristlecone Advisors LLC lifted its holdings in shares of Workday by 1.6% in the 1st quarter. Bristlecone Advisors LLC now owns 2,968 shares of the software maker’s stock valued at $693,000 after buying an additional 47 shares during the period. Finally, Equitable Trust Co. lifted its holdings in shares of Workday by 4.0% in the 1st quarter. Equitable Trust Co. now owns 1,257 shares of the software maker’s stock valued at $294,000 after buying an additional 48 shares during the period. Institutional investors and hedge funds own 89.81% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on WDAY shares. BMO Capital Markets decreased their price objective on Workday from $314.00 to $285.00 and set an “outperform” rating for the company in a report on Friday, August 22nd. Wells Fargo & Company decreased their price objective on Workday from $325.00 to $300.00 and set an “overweight” rating for the company in a report on Monday, August 18th. Barclays boosted their price objective on Workday from $285.00 to $288.00 and gave the company an “overweight” rating in a report on Thursday, September 18th. Canaccord Genuity Group decreased their price objective on Workday from $330.00 to $275.00 and set a “buy” rating for the company in a report on Friday, August 22nd. Finally, Wall Street Zen raised Workday from a “hold” rating to a “buy” rating in a report on Sunday, July 13th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $287.83.

Insiders Place Their Bets

In related news, major shareholder David A. Duffield sold 75,053 shares of the stock in a transaction that occurred on Wednesday, October 8th. The stock was sold at an average price of $236.34, for a total value of $17,738,026.02. Following the completion of the transaction, the insider directly owned 102,997 shares in the company, valued at approximately $24,342,310.98. This represents a 42.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Mark S. Garfield sold 1,915 shares of the stock in a transaction that occurred on Thursday, October 9th. The stock was sold at an average price of $238.96, for a total value of $457,608.40. Following the completion of the transaction, the chief accounting officer owned 37,351 shares of the company’s stock, valued at $8,925,394.96. The trade was a 4.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 264,933 shares of company stock valued at $61,475,760. Insiders own 20.00% of the company’s stock.

Workday Price Performance

Shares of Workday stock opened at $237.18 on Wednesday. The business has a 50 day simple moving average of $230.82 and a two-hundred day simple moving average of $236.81. Workday, Inc. has a 12 month low of $205.33 and a 12 month high of $294.00. The stock has a market capitalization of $63.33 billion, a P/E ratio of 109.81, a PEG ratio of 2.95 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.

Workday (NASDAQ:WDAY) last announced its 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 business had revenue of $2.35 billion during the quarter, compared to analysts’ expectations of $2.34 billion. During the same quarter in the prior year, the firm earned $1.75 earnings per share. The business’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. As a group, analysts predict that Workday, Inc. will post 2.63 EPS for the current fiscal year.

Workday Company Profile

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.