Pacer Advisors Inc. Has $164.32 Million Stake in Workday, Inc. $WDAY

Pacer Advisors Inc. lifted its position in Workday, Inc. (NASDAQ:WDAY) by 840.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 765,049 shares of the software maker’s stock after purchasing an additional 683,741 shares during the quarter. Pacer Advisors Inc.’s holdings in Workday were worth $164,317,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Rakuten Securities Inc. acquired a new position in shares of Workday in the second quarter valued at $25,000. Measured Wealth Private Client Group LLC acquired a new position in Workday during the third quarter worth $26,000. JPL Wealth Management LLC acquired a new position in Workday during the third quarter worth $30,000. LRI Investments LLC acquired a new position in Workday during the fourth quarter worth $29,000. Finally, eCIO Inc. acquired a new position in Workday during the fourth quarter worth $36,000. 89.81% of the stock is currently owned by institutional investors and hedge funds.

Workday News Summary

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Workday was named a Leader in the 2026 Gartner Magic Quadrant for Talent Acquisition (Recruiting) Suites and was highlighted as the highest-scoring vendor for high-volume hiring, which supports the company’s competitive positioning and could help enterprise demand. Article Title
• Positive Sentiment: Workday announced that its Sana Self-Service Agent is now available inside Microsoft 365 Copilot, expanding its AI-driven HR and finance tools into a widely used enterprise workflow and potentially increasing product adoption. Article Title
• Positive Sentiment: Kahuna Workforce Solutions completed a Workday-certified integration linking Workday Learning with Kahuna Skills Manager, adding to Workday’s ecosystem of partner integrations and reinforcing platform stickiness. Article Title
• Positive Sentiment: Workday, Anthropic, and LISC launched an AI-focused Solopreneurship Accelerator Program, which is more of a brand/AI ecosystem positive than a direct revenue driver, but it underscores Workday’s AI strategy. Article Title
• Neutral Sentiment: Workday Earnings: “Defiant Management Expectations Amidst Pending SaaSpocalypse” appears to be commentary around the company’s earnings outlook and broader SaaS concerns; this likely reflects investor debate over valuation and growth durability rather than a new fundamental announcement. Article Title

Analysts Set New Price Targets

Several research analysts have issued reports on WDAY shares. Stifel Nicolaus set a $175.00 price objective on Workday in a research note on Monday, February 9th. Needham & Company LLC reiterated a “buy” rating and set a $300.00 price objective on shares of Workday in a research note on Wednesday, February 25th. The Goldman Sachs Group dropped their price objective on Workday from $238.00 to $206.00 and set a “neutral” rating for the company in a research note on Wednesday, February 25th. Mizuho dropped their price objective on Workday from $275.00 to $210.00 and set an “outperform” rating for the company in a research note on Wednesday, February 25th. Finally, Oppenheimer dropped their price objective on Workday from $200.00 to $165.00 and set an “outperform” rating for the company in a research note on Wednesday, February 25th. Nineteen 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 MarketBeat, Workday has a consensus rating of “Moderate Buy” and a consensus target price of $199.71.

Insider Buying and Selling

In other news, CAO Mark S. Garfield sold 1,585 shares of the firm’s stock in a transaction on Friday, April 10th. The stock was sold at an average price of $113.05, for a total value of $179,184.25. Following the completion of the sale, the chief accounting officer directly owned 31,467 shares in the company, valued at approximately $3,557,344.35. This trade represents a 4.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Robert Enslin sold 5,373 shares of the firm’s stock in a transaction on Monday, April 6th. The shares were sold at an average price of $129.41, for a total value 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. This trade represents a 3.15% 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 a total of 989,814 shares of company stock valued at $131,576,291 in the last 90 days. 18.64% of the stock is owned by corporate insiders.

Workday Stock Performance

Shares of NASDAQ:WDAY opened at $116.50 on Thursday. Workday, Inc. has a twelve month low of $110.36 and a twelve month high of $276.00. The firm has a market cap of $29.94 billion, a PE ratio of 45.16, a price-to-earnings-growth ratio of 1.15 and a beta of 1.04. 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 business has a fifty day moving average of $128.60 and a 200-day moving average of $174.30.

Workday (NASDAQ:WDAY) last announced its earnings results on Tuesday, February 24th. The software maker reported $2.47 earnings per share for the quarter, beating analysts’ consensus estimates of $2.32 by $0.15. Workday had a return on equity of 13.37% and a net margin of 7.26%.The company had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.52 billion. During the same period last year, the company posted $1.92 earnings per share. The firm’s quarterly revenue was up 14.5% compared to the same quarter last year. On average, equities research analysts predict that Workday, Inc. will post 5.11 EPS for the current fiscal year.

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.