Workday, Inc. $WDAY Shares Acquired by CENTRAL TRUST Co

CENTRAL TRUST Co lifted its stake in Workday, Inc. (NASDAQ:WDAY) by 18.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 4,267 shares of the software maker’s stock after acquiring an additional 664 shares during the quarter. CENTRAL TRUST Co’s holdings in Workday were worth $1,024,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Dagco Inc. purchased a new position in shares of Workday during the first quarter worth $31,000. Golden State Wealth Management LLC raised its holdings in shares of Workday by 2,216.7% in the 2nd quarter. Golden State Wealth Management LLC now owns 139 shares of the software maker’s stock valued at $33,000 after buying an additional 133 shares during the period. Physician Wealth Advisors Inc. acquired a new position in Workday during the 2nd quarter worth about $42,000. Geneos Wealth Management Inc. boosted its holdings in Workday by 211.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 187 shares of the software maker’s stock valued at $44,000 after acquiring an additional 127 shares during the period. Finally, IMA Advisory Services Inc. acquired a new position in Workday in the 1st quarter valued at about $47,000. Institutional investors and hedge funds own 89.81% of the company’s stock.

Insider Activity

In other news, insider Richard Harry Sauer sold 2,320 shares of the business’s stock in a transaction that occurred on Tuesday, October 7th. The shares were sold at an average price of $235.87, for a total transaction of $547,218.40. Following the completion of the sale, the insider owned 90,077 shares in the company, valued at approximately $21,246,461.99. The trade was a 2.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder David A. Duffield sold 75,053 shares of the company’s stock in a transaction on Wednesday, October 8th. The shares were sold at an average price of $236.34, for a total transaction of $17,738,026.02. Following the completion of the transaction, the insider owned 102,997 shares of the company’s stock, valued at approximately $24,342,310.98. The trade was a 42.15% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 264,933 shares of company stock valued at $61,475,760 over the last 90 days. Insiders own 19.31% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. Wells Fargo & Company lowered their price objective on shares of Workday from $325.00 to $300.00 and set an “overweight” rating for the company in a research note on Monday, August 18th. Evercore ISI increased their target price on shares of Workday from $275.00 to $300.00 and gave the stock an “outperform” rating in a report on Wednesday, September 17th. Zacks Research cut shares of Workday from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Workday in a research report on Wednesday, October 8th. Finally, Canaccord Genuity Group reduced their price objective on Workday from $330.00 to $275.00 and set a “buy” rating on the stock in a research note on Friday, August 22nd. Two analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $287.86.

Workday Stock Performance

Shares of WDAY stock opened at $225.93 on Thursday. The company has a market cap of $60.32 billion, a P/E ratio of 104.60, a PEG ratio of 2.83 and a beta of 1.11. The firm has a fifty day moving average price of $234.59 and a 200 day moving average price of $238.15. The company has a current ratio of 2.10, a quick ratio of 2.10 and a debt-to-equity ratio of 0.33. Workday, Inc. has a 12 month low of $205.33 and a 12 month high of $294.00.

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

Workday 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.