Workday, Inc. $WDAY Shares Bought by Catalyst Capital Advisors LLC

Catalyst Capital Advisors LLC raised its stake in Workday, Inc. (NASDAQ:WDAY) by 972.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 5,811 shares of the software maker’s stock after purchasing an additional 5,269 shares during the quarter. Catalyst Capital Advisors LLC’s holdings in Workday were worth $1,248,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Rakuten Securities Inc. acquired a new stake in Workday in the 2nd quarter valued at about $25,000. Measured Wealth Private Client Group LLC acquired a new stake in Workday in the 3rd quarter valued at about $26,000. JPL Wealth Management LLC acquired a new stake in Workday in the 3rd quarter valued at about $30,000. LRI Investments LLC acquired a new stake in Workday in the 4th quarter valued at about $29,000. Finally, eCIO Inc. acquired a new stake in Workday in the 4th quarter valued at about $36,000. Institutional investors and hedge funds own 89.81% of the company’s stock.

Key Headlines Impacting Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Workday’s latest quarterly results beat expectations, with revenue and earnings topping estimates and management highlighting renewed momentum in the core business plus stronger AI-driven demand for HR and finance automation. This has supported the stock’s recent move higher.
• Positive Sentiment: Workday expanded its strategic partnership with Google Cloud to bring AI agents for HR and finance into Gemini Enterprise and daily workflows, reinforcing the company’s AI product story and potentially improving long-term adoption. Workday and Google Cloud Expand Strategic Partnership to Bring AI Agents for HR and Finance Into Employees’ Daily Workflows
• Positive Sentiment: Analyst coverage has been constructive, with commentary around Workday being a top momentum and value name, and Bank of America reportedly reinstating coverage while acknowledging the strength of its sticky enterprise software franchise.
• Positive Sentiment: Broader software sentiment improved after Snowflake’s strong results eased fears that AI would displace subscription software, which helped lift Workday and other SaaS names as investors rotated back into AI-enabled enterprise platforms.
• Neutral Sentiment: Workday also announced a deeper Google Cloud integration for AI agents and other product enhancements, which is strategically important but still needs time to translate into sustained revenue acceleration.
• Negative Sentiment: Despite the recent rebound, Workday remains well below its 52-week high and has lagged the broader market over the past year, so some investors may still view the rally as a recovery move rather than a full trend reversal.

Insider Activity at Workday

In other Workday news, insider Gerrit S. Kazmaier sold 9,356 shares of Workday stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $128.39, for a total value of $1,201,216.84. Following the transaction, the insider directly owned 165,074 shares in the company, valued at approximately $21,193,850.86. This trade represents a 5.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through 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. Also, major shareholder David A. Duffield sold 107,500 shares of Workday stock in a transaction that occurred on Tuesday, March 31st. The shares were sold at an average price of $129.76, for a total value of $13,949,200.00. Following the completion of the transaction, the insider owned 105,049 shares in the company, valued at $13,631,158.24. This trade represents a 50.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 989,814 shares of company stock worth $131,576,291 over the last quarter. Company insiders own 18.64% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on WDAY. Mizuho reduced their price target on Workday from $275.00 to $210.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 25th. Guggenheim reduced their price target on Workday from $285.00 to $275.00 and set a “buy” rating on the stock in a research report on Wednesday, February 25th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Workday in a research report on Friday, May 22nd. Jefferies Financial Group increased their price target on Workday from $115.00 to $140.00 and gave the company a “hold” rating in a research report on Friday, May 22nd. Finally, Wall Street Zen raised Workday from a “hold” rating to a “buy” rating in a research report on Saturday, March 28th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Workday currently has an average rating of “Moderate Buy” and an average price target of $185.03.

Workday Trading Up 12.4%

NASDAQ:WDAY opened at $146.19 on Friday. The stock’s 50 day moving average price is $125.60 and its 200 day moving average price is $165.78. The company has a market capitalization of $37.57 billion, a PE ratio of 45.68, a P/E/G ratio of 1.43 and a beta of 1.04. The company has a quick ratio of 1.32, a current ratio of 1.01 and a debt-to-equity ratio of 0.30. Workday, Inc. has a 52-week low of $110.36 and a 52-week high of $257.09.

Workday (NASDAQ:WDAY) last released its quarterly earnings results on Thursday, May 21st. The software maker reported $2.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.51 by $0.15. Workday had a return on equity of 14.75% and a net margin of 8.60%.The firm had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.52 billion. During the same quarter last year, the business posted $2.23 EPS. The firm’s quarterly revenue was up 13.5% compared to the same quarter last year. On average, research analysts anticipate that Workday, Inc. will post 5.19 EPS for the current year.

Workday Company Profile

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.