1,538 Shares in Workday, Inc. $WDAY Acquired by One Degree Advisors Inc

Key Points

• One Degree Advisors Inc acquired 1,538 shares of Workday, Inc., worth approximately $369,000, in the second quarter.
• Major shareholder David A. Duffield sold 78,564 shares for over $17 million, reducing his ownership by 43.27%.
• Analysts have a consensus rating of "Moderate Buy" for Workday, with target prices ranging from $260 to $300 per share.

One Degree Advisors Inc purchased a new position in shares of Workday, Inc. (NASDAQ:WDAY - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 1,538 shares of the software maker's stock, valued at approximately $369,000.

Other large investors have also made changes to their positions in the company. Brighton Jones LLC boosted its position in Workday by 230.2% in the fourth quarter. Brighton Jones LLC now owns 4,005 shares of the software maker's stock valued at $1,033,000 after buying an additional 2,792 shares in the last quarter. Farther Finance Advisors LLC boosted its position in Workday by 2.7% in the first quarter. Farther Finance Advisors LLC now owns 3,494 shares of the software maker's stock valued at $819,000 after buying an additional 93 shares in the last quarter. Harbor Capital Advisors Inc. boosted its position in Workday by 93.9% in the first quarter. Harbor Capital Advisors Inc. now owns 4,509 shares of the software maker's stock valued at $1,053,000 after buying an additional 2,184 shares in the last quarter. GAMMA Investing LLC boosted its position in Workday by 128.5% in the first quarter. GAMMA Investing LLC now owns 2,820 shares of the software maker's stock valued at $659,000 after buying an additional 1,586 shares in the last quarter. Finally, Simplicity Wealth LLC boosted its position in Workday by 5.2% in the first quarter. Simplicity Wealth LLC now owns 1,344 shares of the software maker's stock valued at $314,000 after buying an additional 67 shares in the last quarter. Institutional investors and hedge funds own 89.81% of the company's stock.

Insider Activity

In related news, major shareholder David A. Duffield sold 78,564 shares of the business's stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $220.12, for a total value of $17,293,507.68. Following the transaction, the insider owned 102,997 shares in the company, valued at $22,671,699.64. The trade was a 43.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Carl M. Eschenbach sold 6,250 shares of Workday stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $237.52, for a total transaction of $1,484,500.00. Following the completion of the sale, the chief executive officer directly owned 20,222 shares of the company's stock, valued at approximately $4,803,129.44. This trade represents a 23.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 257,625 shares of company stock worth $59,749,934 in the last three months. Corporate insiders own 19.31% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on WDAY shares. Needham & Company LLC restated a "buy" rating and issued a $300.00 target price on shares of Workday in a research report on Wednesday, September 17th. Weiss Ratings restated a "hold (c)" rating on shares of Workday in a research report on Wednesday. Canaccord Genuity Group dropped their price target on shares of Workday from $330.00 to $275.00 and set a "buy" rating for the company in a research note on Friday, August 22nd. Citigroup dropped their price target on shares of Workday from $279.00 to $260.00 and set a "neutral" rating for the company in a research note on Friday, August 22nd. Finally, KeyCorp dropped their price target on shares of Workday from $325.00 to $285.00 and set an "overweight" rating for the company in a research note on Friday, August 22nd. Three research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $287.83.

Workday Price Performance

WDAY stock opened at $233.18 on Friday. The firm has a market cap of $62.26 billion, a price-to-earnings ratio of 107.95, a PEG ratio of 2.97 and a beta of 1.10. The company has a quick ratio of 2.10, a current 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. The company's fifty day simple moving average is $230.35 and its 200 day simple moving average is $236.97.

Workday (NASDAQ:WDAY - Get Free Report) last released its earnings results on Thursday, August 21st. The software maker reported $2.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.09 by $0.12. The business had revenue of $2.35 billion for the quarter, compared to analyst estimates 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 in the previous year, the business earned $1.75 earnings per share. Workday has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. On average, analysts expect that Workday, Inc. will post 2.63 earnings per share for the current 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.

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