Workday director David Duffield sells $18.5m in shares
Workday director David Duffield sold a substantial amount of shares in the company on October 6, 2026, amounting to $18.5 million. The sale, which occurred under a previously established Rule 10b5-1 trading plan, saw Duffield dispose of 99,228 shares of Class A Common Stock at varying prices between $184.12 and $190.1799 per share.
This transaction took place despite Workday's shares having increased by approximately 66% over the past six months, currently trading at $186.59 with a market capitalization of $45.26 billion. The sale is notable as it contrasts with a recent acquisition of the same number of shares at a price of $0.0 per share, highlighting a complex financial strategy by Duffield.
Analysts have provided varying opinions on Workday's stock, with some maintaining buy ratings and others expressing concerns about the company's transition to artificial intelligence and its impact on revenue growth.
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