Workday (NASDAQ:WDAY) CFO Sells $769,320.00 in Stock

Workday, Inc. (NASDAQ:WDAY) CFO Zane Rowe sold 6,000 shares of the business’s stock in a transaction on Tuesday, April 7th. The stock was sold at an average price of $128.22, for a total value of $769,320.00. Following the transaction, the chief financial officer directly owned 217,930 shares of the company’s stock, valued at $27,942,984.60. The trade was a 2.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 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%

WDAY traded down $2.21 on Tuesday, hitting $127.51. 2,572,215 shares of the company were exchanged, 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 market cap of $32.77 billion, a price-to-earnings ratio of 49.42, a price-to-earnings-growth ratio of 1.28 and a beta of 1.14. 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 firm has a 50-day moving average price of $143.62 and a two-hundred day moving average price of $194.79.

Workday (NASDAQ:WDAY) last released 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 analysts’ expectations of $2.52 billion. Workday had a return on equity of 13.37% and a net margin of 7.26%.The business’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.92 EPS. On average, equities analysts predict that Workday, Inc. will post 2.63 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have recently issued reports on WDAY. Mizuho lowered their price objective on Workday from $275.00 to $210.00 and set an “outperform” rating for the company in a research report on Wednesday, February 25th. Barclays lowered their price objective on Workday from $230.00 to $200.00 and set an “overweight” rating for the company in a research report on Wednesday, February 25th. Stifel Nicolaus set a $175.00 price objective on Workday in a research report on Monday, February 9th. Royal Bank Of Canada lowered their price objective on Workday from $220.00 to $180.00 and set an “outperform” rating for the company in a research report on Wednesday, February 25th. Finally, Guggenheim lowered their price objective on Workday from $285.00 to $275.00 and set a “buy” 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 company. According to data from MarketBeat.com, Workday currently has a consensus rating of “Moderate Buy” and a consensus price target of $199.71.

Key Stories Impacting 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 Trading of Workday

A number of large investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of 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 purchasing an additional 3,210,232 shares during the period. Auto Owners Insurance Co boosted its position in shares of Workday by 25,412.8% in the 4th quarter. Auto Owners Insurance Co now owns 10,230,616 shares of the software maker’s stock valued at $2,197,332,000 after purchasing an additional 10,190,516 shares during the period. State Street Corp boosted its position in shares of Workday by 1.0% in the 4th quarter. State Street Corp now owns 9,770,707 shares of the software maker’s stock valued at $2,098,552,000 after purchasing an additional 96,139 shares during the period. Hotchkis & Wiley Capital Management LLC boosted its position in shares of 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 purchasing an additional 1,882,391 shares during the period. Finally, Geode Capital Management LLC boosted its position in shares of Workday by 1.5% in the 4th quarter. Geode Capital Management LLC now owns 5,091,926 shares of the software maker’s stock valued at $1,089,970,000 after purchasing an additional 75,922 shares during the period. 89.81% of the stock is owned by institutional investors and hedge funds.

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.