Rep. Lisa C. McClain Sells Workday, Inc. (NASDAQ:WDAY) Shares

Key Points

• Representative Lisa C. McClain sold shares of Workday, Inc. (NASDAQ:WDAY) valued between $1,001 and $15,000 on June 17th, as disclosed in a filing on August 13th.
• Workday's stock currently holds a market cap of $60.74 billion and has seen a 12-month low of $205.33 and a high of $294.00, with a current trading price around $227.49.
• Insiders collectively sold 329,005 shares of Workday stock valued at approximately $79.2 million over the past three months, indicating significant trading activity among company leadership.

Representative Lisa C. McClain (R-Michigan) recently sold shares of Workday, Inc. NASDAQ: WDAY. In a filing disclosed on August 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Workday stock on June 17th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Workday Stock Down 2.8%

Shares of WDAY traded down $6.31 during midday trading on Friday, reaching $221.27. The stock had a trading volume of 8,224,204 shares, compared to its average volume of 3,409,935. The company has a market cap of $59.08 billion, a price-to-earnings ratio of 102.44, a PEG ratio of 3.44 and a beta of 1.24. Workday, Inc. has a 1-year low of $205.33 and a 1-year high of $294.00. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.07 and a quick ratio of 2.07. The company's fifty day simple moving average is $232.39 and its two-hundred day simple moving average is $242.71.

Workday (NASDAQ:WDAY - Get Free Report) last announced its quarterly earnings results on Thursday, August 21st. The software maker reported $2.21 EPS for the quarter, beating the consensus estimate of $2.09 by $0.12. The company 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 9.83%. The firm's revenue was up 12.6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.75 earnings per share. Workday has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. Equities research analysts expect that Workday, Inc. will post 2.63 earnings per share for the current year.

Institutional Investors Weigh In On Workday

Institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in shares of Workday by 2.5% during the 2nd quarter. Vanguard Group Inc. now owns 21,114,184 shares of the software maker's stock worth $5,067,404,000 after buying an additional 515,529 shares during the last quarter. State Street Corp raised its stake in Workday by 3.3% in the 2nd quarter. State Street Corp now owns 9,600,516 shares of the software maker's stock valued at $2,304,124,000 after purchasing an additional 303,713 shares during the last quarter. Geode Capital Management LLC raised its stake in Workday by 2.9% in the 2nd quarter. Geode Capital Management LLC now owns 4,952,938 shares of the software maker's stock valued at $1,183,112,000 after purchasing an additional 140,042 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its stake in Workday by 47.5% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 3,764,598 shares of the software maker's stock valued at $879,147,000 after purchasing an additional 1,211,659 shares during the last quarter. Finally, The Manufacturers Life Insurance Company raised its holdings in Workday by 0.4% in the 1st quarter. The Manufacturers Life Insurance Company now owns 3,736,609 shares of the software maker's stock valued at $872,610,000 after acquiring an additional 14,354 shares during the last quarter. 89.81% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Needham & Company LLC restated a "buy" rating and set a $300.00 target price on shares of Workday in a research report on Friday. Morgan Stanley set a $255.00 target price on shares of Workday and gave the stock an "equal weight" rating in a research report on Friday, May 23rd. Guggenheim restated a "neutral" rating on shares of Workday in a research report on Friday. JMP Securities restated a "market outperform" rating and set a $315.00 target price on shares of Workday in a research report on Friday. Finally, Stifel Nicolaus lowered their price objective on shares of Workday from $275.00 to $255.00 and set a "hold" rating on the stock in a research report on Friday. Two analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $283.76.

Insiders Place Their Bets

In other news, Director George J. Still, Jr. sold 7,500 shares of the company's stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $248.41, for a total transaction of $1,863,075.00. Following the completion of the transaction, the director owned 67,500 shares of the company's stock, valued at $16,767,675. This represents a 10.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder David A. Duffield sold 72,551 shares of the firm's stock in a transaction that occurred on Tuesday, July 8th. The stock was sold at an average price of $239.61, for a total transaction of $17,383,945.11. Following the completion of the sale, the insider directly owned 102,997 shares in the company, valued at $24,679,111.17. This represents a 41.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 329,005 shares of company stock valued at $79,203,523. 19.31% of the stock is currently owned by company insiders.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

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.