Workday, Inc. $WDAY Stock Holdings Lifted by Alamar Capital Management LLC

Alamar Capital Management LLC lifted its stake in shares of Workday, Inc. (NASDAQ:WDAY - Free Report) by 46.4% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,844 shares of the software maker's stock after purchasing an additional 7,241 shares during the period. Workday makes up about 1.4% of Alamar Capital Management LLC's holdings, making the stock its 19th biggest position. Alamar Capital Management LLC's holdings in Workday were worth $2,797,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Rakuten Securities Inc. acquired a new stake in Workday during the 2nd quarter valued at $25,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Workday in the third quarter worth $26,000. DT Investment Partners LLC acquired a new stake in shares of Workday in the fourth quarter worth $27,000. LRI Investments LLC purchased a new position in shares of Workday during the fourth quarter valued at $29,000. Finally, JPL Wealth Management LLC purchased a new position in shares of Workday during the third quarter valued at $30,000. 89.81% of the stock is owned by hedge funds and other institutional investors.

Workday Stock Up 1.3%

WDAY opened at $200.87 on Thursday. The business has a 50 day moving average price of $162.72 and a 200 day moving average price of $141.80. Workday, Inc. has a twelve month low of $110.36 and a twelve month high of $249.85. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.91 and a current ratio of 0.91. The firm has a market cap of $49.61 billion, a P/E ratio of 40.74, a price-to-earnings-growth ratio of 2.00 and a beta of 1.08.

Workday (NASDAQ:WDAY - Get Free Report) last announced its earnings results on Thursday, August 27th. The software maker reported $2.75 EPS for the quarter, topping the consensus estimate of $2.61 by $0.14. Workday had a net margin of 12.32% and a return on equity of 20.95%. The firm had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.64 billion. During the same quarter last year, the firm posted $2.21 EPS. The business's quarterly revenue was up 12.8% on a year-over-year basis. Research analysts forecast that Workday, Inc. will post 5.3 EPS for the current year.

More Workday News

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Reported acquisition interest from Silver Lake continues to provide WDAY with a takeover premium. Workday’s planned $4 billion buyback is being viewed by Jim Cramer as a defense against a takeover and a signal that management believes the company can create value independently. Cramer Says This Software Giant Is Fighting a Takeover With a $4 Billion Buyback
• Positive Sentiment: Workday was named a Leader in Gartner’s 2026 Magic Quadrant for Cloud HCM Suites for the eleventh consecutive year. The recognition reinforces the company’s competitive position in human-capital-management software and may support customer retention and new sales. Workday Named a Leader in 2026 Gartner Magic Quadrant
• Positive Sentiment: Workday reported that it is adding nearly one state or local government customer per week as public agencies replace legacy HR and finance systems. Wins involving Delaware, Massachusetts and New Jersey Transit Authority point to continued demand for its unified platform and potential recurring-revenue growth. Workday Signs a New State or Local Government Nearly Every Week
• Positive Sentiment: The company’s recent earnings beat—along with revenue growth and upcoming partnerships such as BDO Canada—supports the case for continued enterprise adoption. Workday will also hold an analyst day on October 13, which could provide additional detail on its AI, ERP and long-term growth plans.
• Neutral Sentiment: Analysts and investors are comparing Workday’s quarterly performance with other finance and HR software companies, keeping attention focused on relative growth, margins and valuation.
• Negative Sentiment: One analyst downgraded Workday despite the company exceeding earnings and revenue estimates, indicating that valuation, slowing growth or limited near-term upside remains a concern.
• Negative Sentiment: AI-native ERP startup Rillet is targeting established providers including Workday, Oracle and SAP. Although Rillet is private and early-stage, its agent-based approach highlights longer-term disruption risk for Workday’s core enterprise software markets.

Insider Buying and Selling

In other Workday news, insider Gerrit S. Kazmaier sold 2,728 shares of the stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $143.62, for a total value of $391,795.36. Following the completion of the sale, the insider directly owned 266,388 shares of the company's stock, valued at $38,258,644.56. This represents a 1.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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. Also, insider Robert Enslin sold 5,374 shares of the firm's stock in a transaction on Sunday, July 5th. The stock was sold at an average price of $134.90, for a total transaction of $724,952.60. Following the completion of the sale, the insider owned 239,469 shares in the company, valued at $32,304,368.10. This represents a 2.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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 767,520 shares of company stock valued at $97,860,803 in the last ninety days. Company insiders own 18.64% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on WDAY. Needham & Company LLC increased their price objective on Workday from $180.00 to $230.00 and gave the stock a "buy" rating in a research note on Friday, August 28th. Piper Sandler upped their target price on Workday from $145.00 to $190.00 and gave the company a "neutral" rating in a report on Friday, August 28th. Cantor Fitzgerald reduced their price target on shares of Workday from $220.00 to $205.00 and set an "overweight" rating for the company in a research report on Friday, August 28th. Monness Crespi & Hardt raised their price target on shares of Workday from $202.00 to $218.00 and gave the stock a "buy" rating in a report on Friday, August 28th. Finally, Barclays upped their price objective on shares of Workday from $200.00 to $224.00 and gave the company an "overweight" rating in a research note on Friday, August 28th. Twenty analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Workday currently has an average rating of "Hold" and a consensus price target of $206.34.

About Workday

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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