Workday (WDAY) Insider David Duffield Sells $12M of Stock

David Duffield, a prominent figure in Workday, Inc., sold 107,500 shares of the company on June 25, 2026. This planned transaction was executed at an average price of $115.60 per share, totaling approximately $11.4 million.

Insider Buying and Selling at Workday, Inc.

David Duffield made several transactions around the same period. On June 22, 2026, he sold another 107,500 shares at an average price of $114.25, also as part of a planned sale. These transactions are part of routine insider trading activities and do not necessarily reflect his outlook on the company.

Other Institutional Activity in Workday

In recent filings, BlackRock, Inc. added 143,469 shares to its holdings, bringing its total to about 20.1 million shares valued at approximately $2.6 billion, marking a 0.7% increase. Vanguard Capital Management LLC and Vanguard Portfolio Management LLC both opened new positions in Workday, with holdings of 13.8 million and 11.6 million shares, valued at $1.8 billion and $1.5 billion, respectively. Hotchkis & Wiley Capital Management LLC significantly increased its stake by 3.9 million shares, a 57.7% rise, to hold a total of 10.7 million shares worth $1.4 billion. Meanwhile, State Street Corp reduced its position by 233,987 shares, now holding 9.5 million shares valued at $1.2 billion, a 2.4% decrease.

Workday, Inc. Stock Down 34.5%

Shares of NasdaqGS:WDAY traded near $123.58 on Tuesday. Workday, Inc. has a market capitalization of $30.7 billion and a P/E ratio of 38.8. The company's beta is 1.081, indicating moderate volatility. Its stock has ranged from a 52-week low of $110.36 to a high of $249.85. The 50-day moving average is $127.66, and the 200-day moving average is $176.77. The current ratio is 1.009, and the quick ratio is 0.912, with a debt-to-equity ratio of 56.936.

Analysts Set New Price Targets

Several firms have maintained their ratings and price targets for Workday. On May 26, 2026, Goldman Sachs maintained a 'hold' rating with a $151 price target. UBS and Jefferies also kept 'hold' ratings, with targets of $140. Wells Fargo reaffirmed a 'buy' rating with a $185 target. The overall analyst consensus is a 'buy' rating, with a mean target price of $171.13 across 38 analyst opinions.

About Workday, Inc.

Workday, Inc. is a technology company based in Pleasanton, California, specializing in enterprise cloud applications. Founded in 2005, Workday offers a comprehensive suite of financial management and human capital management applications. These tools help businesses manage accounting, financial processes, supplier selection, and employee experiences. The company serves a diverse range of industries, including finance, healthcare, and education, with a global presence supported by over 20,000 employees.

Bottom Line

David Duffield's recent share sale is part of planned insider trading activity and does not necessarily signal any change in the company's prospects. Workday continues to attract institutional interest, with several major funds adjusting their positions. The company's solid market position and diverse offerings support its growth prospects, as reflected in its current analyst ratings.