Workday, Inc. $WDAY Stock Holdings Lessened by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. lowered its stake in Workday, Inc. (NASDAQ:WDAY) by 32.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,871 shares of the software maker’s stock after selling 897 shares during the period. Atria Wealth Solutions Inc.’s holdings in Workday were worth $449,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Private Trust Co. NA increased its stake in shares of Workday by 15.2% in the first 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 last quarter. Whittier Trust Co. of Nevada Inc. increased its stake in shares of Workday by 15.0% in the first 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 last quarter. AE Wealth Management LLC increased its stake in shares of Workday by 0.4% in the first 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 last quarter. Bristlecone Advisors LLC increased its stake in shares of Workday by 1.6% in the first quarter. Bristlecone Advisors LLC now owns 2,968 shares of the software maker’s stock worth $693,000 after acquiring an additional 47 shares during the last quarter. Finally, Equitable Trust Co. increased its stake in shares of Workday by 4.0% in the first quarter. Equitable Trust Co. now owns 1,257 shares of the software maker’s stock worth $294,000 after acquiring an additional 48 shares during the last quarter. 89.81% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CFO Zane Rowe sold 6,000 shares of the stock in a transaction dated Tuesday, October 7th. The shares were sold at an average price of $232.62, for a total value of $1,395,720.00. Following the completion of the sale, the chief financial officer owned 168,468 shares in the company, valued at approximately $39,189,026.16. This trade represents a 3.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Richard Harry Sauer sold 2,320 shares of the stock in a transaction dated 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 of the company’s stock, valued at approximately $21,246,461.99. The trade was a 2.51% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 264,933 shares of company stock valued at $61,475,760 in the last quarter. 20.00% of the stock is currently owned by insiders.

Workday Price Performance

NASDAQ WDAY opened at $234.25 on Monday. Workday, Inc. has a twelve month low of $205.33 and a twelve month high of $294.00. The company has a debt-to-equity ratio of 0.33, a quick ratio of 2.10 and a current ratio of 2.10. The stock has a market capitalization of $62.54 billion, a PE ratio of 108.45, a P/E/G ratio of 2.92 and a beta of 1.10. The stock has a 50-day simple moving average of $231.31 and a 200 day simple moving average of $236.82.

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

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on WDAY shares. Citigroup dropped their price target on shares of Workday from $279.00 to $260.00 and set a “neutral” rating on the stock in a research note on Friday, August 22nd. Cowen reaffirmed a “buy” rating on shares of Workday in a research note on Wednesday, September 17th. Bank of America decreased their price objective on shares of Workday from $295.00 to $278.00 and set a “buy” rating for the company in a report on Tuesday, August 19th. Wall Street Zen upgraded shares of Workday from a “hold” rating to a “buy” rating in a report on Sunday, July 13th. Finally, Stifel Nicolaus decreased their price objective on shares of Workday from $275.00 to $255.00 and set a “hold” rating for the company in a report on Friday, August 22nd. Three research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $287.83.

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.