Workday (WDAY) 10% Owner Duffield David A Sells $19M of Stock
David Duffield sold nearly 100,000 shares of Workday, valued at about $18.7 million, on October 9, 2026.
Reviewed by automated data checks against the source filing. How we make and check alerts
Duffield David A, 10% Owner at Workday, Inc. ($WDAY), sold 99,835 shares at an average price of $187.55, worth about $18.72 million, on October 9, 2026. The trade was reported to the SEC in a Form 4 filing and was made under a pre-arranged Rule 10b5-1 trading plan.
Since the trade, $WDAY is up 2.3% after 1 week and up 2.3% to date (from the $186.59 close on Oct 9, 2026).
WDAY
Workday, Inc.
Key Points
- David Duffield, a 10% owner of Workday, sold 99,835 shares at an average price of $187.55, totaling about $18.7 million.
- Workday shares recently traded around $190.26, about 8.5% below the average analyst price target of $207.92.
- The company has a market cap of about $47.4 billion and is expected to report earnings on December 1, 2026.
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David Duffield, a significant shareholder in Workday, Inc. (WDAY), sold 99,835 shares on October 9, 2026, for about $18.7 million. The shares were sold at an average price of $187.55 each.
Inside Duffield's Trade
This sale was a planned transaction, and it adds to Duffield's previous sale of 107,500 shares on June 25, 2026. That earlier transaction also involved a significant amount of shares, indicating a pattern in his trading strategy.
Other Institutional Activity in Workday
Several other institutional investors have been active in Workday. Blackrock Inc. increased its holdings by 1,046,160 shares, bringing its total to 21,126,013 shares valued at approximately $4.03 billion. On the other hand, Vanguard Capital Management LLC reduced its stake by 612,810 shares, ending with 13,220,374 shares worth about $2.52 billion. Hotchkis & Wiley Capital Management, LLC also grew its position by 2,023,503 shares, totaling 12,679,129 shares valued at around $2.42 billion.
Workday, Inc. Stock Up 0.8%
As of October 16, 2026, Workday shares are trading around $190.26, which is about equal to its 50-day moving average of $190.52. However, the stock is about 23.1% below its 52-week high of $247.40, indicating a recent decline.
Recent Earnings
Workday reported trailing twelve-month revenue of approximately $10.15 billion, with a year-over-year revenue growth of 12.8%. The next earnings report is scheduled for December 1, 2026.
Insider Buying and Selling at Workday, Inc.
In addition to Duffield's recent sale, other insiders have been active as well. On June 16, 2026, Lynne Doughtie and Mark Hawkins each bought 2,366 shares, while David Duffield made a purchase of 107,500 shares on June 22, 2026.
Analysts Set New Price Targets
On October 8, 2026, Jefferies maintained its rating of Hold on Workday with a price target of $210. This follows previous ratings from other firms, including a downgrade from Freedom Broker to Hold with a target of $200 on August 28, 2026. The consensus among analysts suggests a buy rating, with a mean target price of $207.92.
About Workday
Workday, Inc. provides enterprise cloud applications, focusing on financial management solutions for businesses. The company's software helps organizations manage their financial processes and gain insights into their operational performance, making it integral for many companies looking to streamline their financial operations.
Bottom Line
Investors will be watching for Workday's next earnings report on December 1, 2026. Duffield's recent sales could indicate a shift in his investment strategy, and analysts continue to monitor the stock's performance against market expectations.
Related Filing Alerts
Source: Duffield David A's Form 4 filing on $WDAY (Oct 9, 2026). Find the original filing: WDAY Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts