<div id="readability-page-1"><p>O Shaughnessy Asset Management LLC increased its stake in shares of Workday, Inc. (NASDAQ:WDAY - Free Report) by 42.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,380 shares of the software maker's stock after buying an additional 3,965 shares during the quarter. O Shaughnessy Asset Management LLC's holdings in Workday were worth $3,649,000 as of its most recent SEC filing.</p><ul><li>The 2 Most Downgraded Stocks: Sell One, Buy the Other</li></ul><p>A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in WDAY. Vontobel Holding Ltd. increased its holdings in shares of Workday by 5.1% in the fourth quarter. Vontobel Holding Ltd. now owns 67,077 shares of the software maker's stock valued at $18,517,000 after purchasing an additional 3,260 shares during the period. William Blair Investment Management LLC increased its holdings in Workday by 17.6% in the 1st quarter. William Blair Investment Management LLC now owns 32,442 shares of the software maker's stock worth $8,849,000 after buying an additional 4,865 shares during the period. Assetmark Inc. raised its position in Workday by 9.9% during the 4th quarter. Assetmark Inc. now owns 21,414 shares of the software maker's stock worth $5,912,000 after buying an additional 1,933 shares during the last quarter. Bornite Capital Management LP acquired a new stake in Workday during the 4th quarter valued at approximately $34,508,000. Finally, Nordea Investment Management AB boosted its holdings in shares of Workday by 3.0% in the 1st quarter. Nordea Investment Management AB now owns 468,915 shares of the software maker's stock valued at $128,851,000 after acquiring an additional 13,502 shares during the last quarter. Hedge funds and other institutional investors own 89.81% of the company's stock. </p><h2>Wall Street Analysts Forecast Growth</h2><p>A number of research analysts recently issued reports on WDAY shares. Piper Sandler decreased their target price on shares of Workday from $280.00 to $262.00 and set an &#34;overweight&#34; rating for the company in a research report on Friday, July 12th. Jefferies Financial Group dropped their target price on Workday from $350.00 to $330.00 and set a &#34;buy&#34; rating on the stock in a report on Friday, May 24th. Guggenheim reiterated a &#34;sell&#34; rating and set a $190.00 price target on shares of Workday in a research report on Tuesday, June 25th. Citigroup lowered their price objective on Workday from $293.00 to $255.00 and set a &#34;neutral&#34; rating on the stock in a research report on Friday, May 24th. Finally, StockNews.com lowered shares of Workday from a &#34;strong-buy&#34; rating to a &#34;buy&#34; rating in a report on Monday, April 8th. One analyst has rated the stock with a sell rating, six have given a hold rating and twenty-one have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $281.44.</p><br/><ul><li>Top 3 Analyst-Downgraded Stocks: Tesla, Workday, Starbucks</li></ul><p><b>View Our Latest Analysis on WDAY</b></p><h2>Workday Price Performance</h2><p>Shares of Workday stock traded down $2.95 during trading hours on Tuesday, reaching $226.04. 1,459,381 shares of the company's stock were exchanged, compared to its average volume of 2,191,797. The business has a fifty day moving average of $225.36 and a two-hundred day moving average of $258.20. The company has a quick ratio of 2.00, a current ratio of 2.00 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $59.90 billion, a P/E ratio of 40.73, a price-to-earnings-growth ratio of 5.73 and a beta of 1.35. Workday, Inc. has a 1 year low of $202.01 and a 1 year high of $311.28. </p><ul><li>Zoom Stock’s Earnings Volatility Picked Up a Lot of Buyers</li></ul><p>Workday (NASDAQ:WDAY - Get Free Report) last announced its quarterly earnings data on Thursday, May 23rd. The software maker reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.20. Workday had a net margin of 19.66% and a return on equity of 5.78%. The company had revenue of $1.99 billion during the quarter, compared to analysts' expectations of $1.97 billion. During the same quarter in the prior year, the company earned $0.16 EPS. Workday's revenue was up 18.1% compared to the same quarter last year. As a group, research analysts predict that Workday, Inc. will post 2.12 earnings per share for the current fiscal year. </p><h2>Insider Activity at Workday</h2><p>In other news, insider Richard Harry Sauer sold 3,134 shares of Workday stock in a transaction on Monday, July 8th. The stock was sold at an average price of $226.67, for a total transaction of $710,383.78. Following the transaction, the insider now owns 92,014 shares in the company, valued at approximately $20,856,813.38. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, insider Douglas A. Robinson sold 3,121 shares of the stock in a transaction that occurred on Tuesday, May 28th. The stock was sold at an average price of $214.44, for a total value of $669,267.24. Following the completion of the transaction, the insider now directly owns 204,066 shares in the company, valued at $43,759,913.04. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which is available at this hyperlink. Also, insider Richard Harry Sauer sold 3,134 shares of the firm's stock in a transaction on Monday, July 8th. The stock was sold at an average price of $226.67, for a total value of $710,383.78. Following the sale, the insider now directly owns 92,014 shares of the company's stock, valued at approximately $20,856,813.38. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 524,672 shares of company stock valued at $115,938,834. 20.00% of the stock is currently owned by insiders. </p><h2>Workday Company Profile</h2> (Free Report)<p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Workday</li><li>What is a SEC Filing?</li><li>ScottsMiracle-Gro Stock Blooms After Investor Day Optimism </li><li>Why Invest in 5G? How to Invest in 5G Stocks  </li><li>Leading Beverage Company's Stock Bubbles Higher: Rally Ahead</li><li>How to Find Undervalued Stocks</li><li>Can This Meme Stock Stage One Last Rally?</li></ul><p><strong>Want to see what other hedge funds are holding WDAY?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Workday, Inc. (NASDAQ:WDAY - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9V0RBWQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9V0RBWQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. 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WDAY

<p>O Shaughnessy Asset Management LLC has increased its stake in Workday, Inc. by 42.1% during the first quarter, according to its filing with the SEC. The fund now owns 13,380 shares of Workday worth $3,649,000. Other institutional investors have also added to their stakes in the company. Analysts have given Workday a consensus rating of "Moderate Buy" and a price target of $281.44. Workday's stock traded at $226.04 on Tuesday. The company reported earnings per share of $0.51 for the quarter, beating expectations.</p>

Workday, Inc. (NASDAQ:WDAY) Shares Acquired by O Shaughnessy Asset Management LLC