ING Groep NV Acquires 47,584 Shares of Workday, Inc. $WDAY

ING Groep NV boosted its holdings in Workday, Inc. (NASDAQ:WDAY) by 1,303.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 51,236 shares of the software maker’s stock after acquiring an additional 47,584 shares during the period. ING Groep NV’s holdings in Workday were worth $12,334,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Rakuten Securities Inc. acquired a new position in shares of Workday in the second quarter valued at $25,000. Berbice Capital Management LLC boosted its holdings in shares of Workday by 136.4% during the 2nd quarter. Berbice Capital Management LLC now owns 130 shares of the software maker’s stock worth $31,000 after buying an additional 75 shares during the period. Golden State Wealth Management LLC grew its stake in Workday by 2,216.7% in the 2nd quarter. Golden State Wealth Management LLC now owns 139 shares of the software maker’s stock valued at $33,000 after buying an additional 133 shares during the last quarter. Root Financial Partners LLC bought a new position in Workday in the 3rd quarter valued at about $40,000. Finally, Twin Peaks Wealth Advisors LLC bought a new position in Workday in the 2nd quarter valued at about $41,000. 89.81% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on WDAY. KeyCorp reduced their price objective on Workday from $285.00 to $260.00 and set an “overweight” rating for the company in a report on Wednesday, November 26th. Citizens Jmp reissued a “market outperform” rating and set a $315.00 price target on shares of Workday in a report on Wednesday, November 26th. Piper Sandler decreased their price objective on Workday from $235.00 to $200.00 and set a “neutral” rating on the stock in a report on Monday, February 2nd. The Goldman Sachs Group started coverage on Workday in a research report on Monday, January 12th. They set a “neutral” rating and a $238.00 price objective on the stock. Finally, Royal Bank Of Canada reduced their target price on shares of Workday from $320.00 to $300.00 and set an “outperform” rating for the company in a research report on Monday, January 5th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and thirteen have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $269.06.

Workday Stock Down 5.7%

WDAY stock opened at $144.55 on Thursday. Workday, Inc. has a 52 week low of $142.72 and a 52 week high of $281.00. The business has a 50-day simple moving average of $198.99 and a 200 day simple moving average of $219.25. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 0.34. The company has a market cap of $38.02 billion, a PE ratio of 60.74, a price-to-earnings-growth ratio of 1.31 and a beta of 1.13.

Workday (NASDAQ:WDAY) last announced its quarterly earnings data on Tuesday, November 25th. The software maker reported $2.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.17 by $0.15. The firm had revenue of $2.43 billion for the quarter, compared to the consensus estimate of $2.42 billion. Workday had a net margin of 6.95% and a return on equity of 10.50%. The business’s revenue for the quarter was up 12.6% on a year-over-year basis. During the same period in the prior year, the company posted $1.89 earnings per share. Sell-side analysts anticipate that Workday, Inc. will post 2.63 EPS for the current fiscal year.

Insiders Place Their Bets

In other Workday news, CEO Carl M. Eschenbach sold 3,125 shares of the business’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $210.00, for a total transaction of $656,250.00. Following the completion of the transaction, the chief executive officer directly owned 17,097 shares in the company, valued at $3,590,370. The trade was a 15.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Zane Rowe sold 6,000 shares of the firm’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $208.75, for a total value of $1,252,500.00. Following the completion of the sale, the chief financial officer directly owned 159,158 shares in the company, valued at approximately $33,224,232.50. This represents a 3.63% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 370,321 shares of company stock valued at $78,866,401 over the last three months. 19.31% of the stock is owned by corporate insiders.

Key Stories Impacting Workday

Here are the key news stories impacting Workday this week:

• Positive Sentiment: Analysts arguing the AI-driven sell-off is overdone and institutions are accumulating WDAY, framing the pullback as a buying opportunity for long-term growth. AI Disruption Overblown! 4 Software Stocks to Buy on the Dip
• Positive Sentiment: Technical/valuation pieces argue WDAY is deeply oversold (down ~25% in weeks) and that exhaustion of selling plus analyst estimate stability supports a near-term bounce. Down 25-7 in 4 Weeks, Here’s Why You Should You Buy the Dip in Workday (WDAY)
• Positive Sentiment: Zacks highlights Workday’s growth characteristics and favorable style scores, suggesting multi‑quarter growth visibility that can support premium multiples if AI execution improves. Here’s Why Workday (WDAY) is a Strong Growth Stock
• Neutral Sentiment: Coverage weighing the company’s recent moves that aim to reshape its AI and growth narrative; useful context but mixed on near-term impact. How Recent Moves Are Rewriting The Growth And AI Story For Workday (WDAY)
• Neutral Sentiment: Articles asking whether the bear-market price is a bargain—balance of valuation appeal vs. execution/AI risk; signals investor debate rather than consensus. Workday stock is stuck in a bear market: Is it a bargain in plain sight?
• Negative Sentiment: Workday announced co‑founder Aneel Bhusri will return as CEO to accelerate an AI pivot—this leadership change spooked investors who wanted clearer execution plans, adding short-term uncertainty. Workday names co-founder Aneel Bhusri as CEO in AI-driven shift
• Negative Sentiment: Wall Street reaction has been negative—coverage notes the stock fell after the CEO return and questions whether leadership reset sufficiently addresses investor concerns about AI disruption and growth visibility. Workday Stock Falls. Wall Street Isn’t Taking Kindly to Co-Founder’s Return as CEO.
• Negative Sentiment: Opinion pieces question whether a CEO change can reverse a broader software tech sell-off tied to AI fears, underscoring headline risk and potential continued volatility. Can a New CEO Save Workday Stock from the Software Apocalypse?

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.