Strs Ohio Has $17.95 Million Stock Holdings in Workday, Inc. $WDAY

Key Points

• Strs Ohio reduced its stake in Workday by 11.8%, selling 11,164 shares to finish the quarter with 83,558 shares valued at about $17.95 million.
• Large institutions continue to dominate ownership — Vanguard now holds ~25.0 million shares (~$5.37 billion) and institutional investors own 89.81% of the company.
• Wall Street’s view is mixed‑positive: the consensus is a "Moderate Buy" with an average price target of $199.71, even as several analysts trimmed targets and the stock trades near $127 versus a 52‑week high of $276.

Strs Ohio lessened its stake in Workday, Inc. (NASDAQ:WDAY - Free Report) by 11.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 83,558 shares of the software maker's stock after selling 11,164 shares during the quarter. Strs Ohio's holdings in Workday were worth $17,947,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its stake in Workday by 14.7% in the 4th quarter. Vanguard Group Inc. now owns 25,009,288 shares of the software maker's stock valued at $5,371,495,000 after buying an additional 3,210,232 shares during the period. State Street Corp increased its stake in Workday by 0.8% in the 3rd quarter. State Street Corp now owns 9,674,568 shares of the software maker's stock valued at $2,328,959,000 after buying an additional 74,052 shares during the period. Hotchkis & Wiley Capital Management LLC increased its stake in Workday by 47.5% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 5,842,491 shares of the software maker's stock valued at $1,406,463,000 after buying an additional 1,882,391 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Workday by 41.5% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,761,599 shares of the software maker's stock valued at $905,530,000 after buying an additional 1,103,421 shares during the period. Finally, Parnassus Investments LLC increased its stake in Workday by 13.1% in the 3rd quarter. Parnassus Investments LLC now owns 3,217,205 shares of the software maker's stock valued at $774,478,000 after buying an additional 371,561 shares during the period. Institutional investors and hedge funds own 89.81% of the company's stock.

More Workday News

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Jade Global signed as a Workday deployment partner, expanding Workday’s services channel and industry coverage (manufacturing, high-tech, healthcare, retail). This can help accelerate implementations and bookings growth. Jade Global Named Workday Partner
• Positive Sentiment: Workday is featured in recent lists of high-growth tech stocks and growth stocks with notable insider ownership, which can attract investor inflows and sentiment momentum. High Growth Tech Stocks in the US Market to Watch
• Neutral Sentiment: Workday will report fiscal 2027 Q1 results after the close on May 21 and host a conference call; the scheduled report is a near-term catalyst that can increase volatility and reprice expectations. Workday to Announce Fiscal 2027 First Quarter Financial Results on May 21, 2026
• Neutral Sentiment: Media coverage shows elevated investor searches and attention on WDAY (Zacks summary), which can increase short-term trading volume but is not a fundamental read on business performance. Investors Heavily Search Workday, Inc. (WDAY): Here is What You Need to Know
• Neutral Sentiment: Former Workday CEO Carl Eschenbach rejoined the board of Cresta (an AI customer-experience company); this highlights management alumni activity and industry ties but has limited direct impact on Workday’s near-term financials. Cresta Names Sequoia's Doug Leone as Board Chair, Carl Eschenbach Rejoins Board as Growth Accelerates

Wall Street Analysts Forecast Growth

Several research firms have commented on WDAY. KeyCorp decreased their target price on shares of Workday from $260.00 to $155.00 and set an "overweight" rating for the company in a research report on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Workday from $265.00 to $190.00 and set a "buy" rating for the company in a research report on Wednesday, February 18th. BTIG Research decreased their target price on shares of Workday from $230.00 to $175.00 and set a "buy" rating for the company in a research report on Wednesday, February 25th. Jefferies Financial Group downgraded shares of Workday from a "buy" rating to a "hold" rating and decreased their target price for the stock from $325.00 to $150.00 in a research report on Monday, February 23rd. Finally, Mizuho decreased their target price on shares of Workday from $275.00 to $210.00 and set an "outperform" rating for the company in a research report on Wednesday, February 25th. Nineteen investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Workday presently has an average rating of "Moderate Buy" and a consensus price target of $199.71.

Workday Price Performance

NASDAQ WDAY opened at $126.96 on Monday. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.38. The company has a fifty day simple moving average of $130.01 and a 200 day simple moving average of $179.95. The company has a market cap of $32.63 billion, a P/E ratio of 49.21, a P/E/G ratio of 1.23 and a beta of 1.04. Workday, Inc. has a 1 year low of $110.36 and a 1 year high of $276.00.

Workday (NASDAQ:WDAY - Get Free Report) last posted its quarterly earnings data on Tuesday, February 24th. The software maker reported $2.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.32 by $0.15. The business had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.52 billion. Workday had a net margin of 7.26% and a return on equity of 13.37%. Workday's quarterly revenue was up 14.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.92 EPS. On average, sell-side analysts predict that Workday, Inc. will post 5.11 EPS for the current year.

Insider Buying and Selling at Workday

In related news, major shareholder David A. Duffield sold 107,500 shares of the company's stock in a transaction on Thursday, April 9th. The shares were sold at an average price of $112.33, for a total transaction of $12,075,475.00. Following the completion of the sale, the insider directly owned 105,049 shares of the company's stock, valued at approximately $11,800,154.17. This represents a 50.58% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Zane Rowe sold 6,000 shares of the stock in a transaction on Tuesday, April 7th. The shares were sold at an average price of $128.22, for a total transaction of $769,320.00. Following the completion of the sale, the chief financial officer directly owned 217,930 shares of the company's stock, valued at approximately $27,942,984.60. This trade represents a 2.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 989,814 shares of company stock worth $131,576,291 in the last quarter. 20.00% of the stock is owned by corporate insiders.

Workday Profile

Workday, Inc NASDAQ: WDAY is a provider of cloud-based enterprise applications focused on human capital management (HCM) and financial management. Founded in 2005 by Dave Duffield and Aneel Bhusri following their tenure at PeopleSoft, the company develops software-as-a-service solutions that help organizations manage workforce and financial processes in a unified, cloud-native environment. Workday's platform emphasizes continuous updates, data security, and a configurable architecture aimed at large and mid-sized enterprises.

The company's product portfolio centers on Workday Human Capital Management and Workday Financial Management, with additional offerings for payroll, talent management, workforce planning and analytics.

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