Workday (NASDAQ:WDAY) Insider Sells $695,319.93 in Stock

Key Points

• Robert Enslin sold 5,373 shares at an average price of $129.41 for a total of $695,319.93 under a pre‑arranged Rule 10b5‑1 plan to cover tax withholding; his stake fell 3.15% to 165,414 shares after the sale.
• Separately, major shareholder David A. Duffield sold 107,500 shares (~$13.9M) under a 10b5‑1 plan and several other executives executed modest sales, actions that could add near‑term selling pressure despite being pre‑planned or for tax purposes.
• Workday shares fell about 1.7% to $127.51 and trade below both their 50‑day and 200‑day averages; analysts maintain a consensus "Moderate Buy" rating with an average price target near $199.71.

Workday, Inc. (NASDAQ:WDAY - Get Free Report) insider Robert Enslin sold 5,373 shares of the stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $129.41, for a total transaction of $695,319.93. Following the completion of the sale, the insider owned 165,414 shares of the company's stock, valued at approximately $21,406,225.74. The trade was a 3.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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.

Workday Stock Down 1.7%

Shares of NASDAQ WDAY traded down $2.21 during mid-day trading on Tuesday, reaching $127.51. The company had a trading volume of 2,572,215 shares, compared to its average volume of 5,018,963. Workday, Inc. has a twelve month low of $117.76 and a twelve month high of $276.00. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.32 and a current ratio of 1.32. The stock has a market capitalization of $32.77 billion, a PE ratio of 49.42, a price-to-earnings-growth ratio of 1.28 and a beta of 1.14. The stock's 50 day moving average is $143.62 and its 200-day moving average is $194.79.

Workday (NASDAQ:WDAY - Get Free Report) last posted its quarterly earnings results on Tuesday, February 24th. The software maker reported $2.47 earnings per share for the quarter, topping analysts' consensus estimates of $2.32 by $0.15. Workday had a net margin of 7.26% and a return on equity of 13.37%. The business had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.52 billion. During the same period in the prior year, the business posted $1.92 earnings per share. Workday's revenue for the quarter was up 14.5% compared to the same quarter last year. As a group, equities analysts anticipate that Workday, Inc. will post 2.63 earnings per share for the current fiscal year.

Trending Headlines about Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Workday was named a Leader in the 2026 Gartner Magic Quadrant for Higher Education Student Information Systems — a product endorsement that supports long‑term adoption at colleges and universities and underpins recurring revenue growth. Workday Named a Leader in 2026 Gartner® Magic Quadrant™ for Higher Education Student Information Systems
• Positive Sentiment: UST acquired Intecrowd, an award‑winning Workday partner that specializes in deployments and lifecycle support — consolidation among partners can expand implementation capacity and channel reach for Workday. UST Acquires Award‑Winning Workday Partner Intecrowd
• Neutral Sentiment: Market recaps note WDAY’s recent price pullback (mid‑$120s) versus broader market gains; these stories summarize price action but add little new company‑specific information. Workday (WDAY) Stock Sinks As Market Gains: Here's Why
• Negative Sentiment: Major shareholder David A. Duffield sold 107,500 shares (~$13.9M) under a pre‑arranged Rule 10b5‑1 plan, lowering his holding by ~50% — the size of the sale is notable and can pressure sentiment despite being pre‑planned. SEC filing: Duffield Form 4
• Negative Sentiment: Several insiders (CFO Zane Rowe, Robert Enslin, Gerrit Kazmaier) sold modest blocks of shares — reported as 10b5‑1 trades or sales to cover tax withholding on vested awards. These are typically less alarming but add to near‑term selling supply. Rowe Form 4 Enslin Form 4 Kazmaier Form 4
• Negative Sentiment: Media commentary (e.g., Jim Cramer) flagged Workday as a relative laggard in the Nasdaq 100 and advised caution — negative headlines from high‑profile commentators can amplify selling pressure even if they are opinion‑based. Jim Cramer on Workday

Institutional Investors Weigh In On Workday

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Stance Capital LLC lifted its holdings in Workday by 3.7% in the 4th quarter. Stance Capital LLC now owns 6,238 shares of the software maker's stock worth $1,340,000 after purchasing an additional 223 shares during the last quarter. Rockefeller Capital Management L.P. lifted its holdings in Workday by 12.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 178,827 shares of the software maker's stock worth $38,408,000 after purchasing an additional 20,016 shares during the last quarter. Meadowbrook Advisors Group LLC bought a new position in shares of Workday in the fourth quarter valued at approximately $320,000. Larry Mathis Financial Planning LLC acquired a new stake in shares of Workday in the fourth quarter worth $216,000. Finally, Green Ridge Wealth Planning LLC acquired a new stake in shares of Workday in the fourth quarter worth $237,000. 89.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on WDAY. Evercore downgraded shares of Workday from an "outperform" rating to an "in-line" rating and set a $160.00 price target on the stock. in a research note on Wednesday, February 25th. Citizens Jmp downgraded shares of Workday from an "outperform" rating to a "market perform" rating in a research note on Wednesday, February 18th. Rosenblatt Securities dropped their price target on shares of Workday from $180.00 to $150.00 and set a "buy" rating on the stock in a research note on Wednesday, February 25th. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $200.00 price target on shares of Workday in a research note on Monday, February 23rd. Finally, Raymond James Financial reaffirmed a "market perform" rating on shares of Workday in a research note on Monday, February 9th. Nineteen investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $199.71.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.