4.7% of Workday's shares held by Fernbridge Capital Management increased by 60.2% in Q2.

Workday, Inc. (NASDAQ: WDAY) saw a 60.2% increase in shares held by Fernbridge Capital Management in Q2, now owning 4.7% of the company. Workday reported earnings of $1.75 per share, exceeding estimates. Analysts have mixed ratings, with target prices fluctuating: Morgan Stanley lowered its target to $315, while DA Davidson raised it to $270. Institutional ownership stands at 89.81%, despite some reductions among large investors.

September 22, 2024
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