{
  "id": 19592367,
  "title": "Workday director David Duffield sells $18.6M in stock",
  "url": "https://urgent.news/2026/11/12/workday-director-david-duffield-sells-18-6m-in-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-12T03:16:04.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/workday-director-david-duffield-sells-186m-in-stock-93CH-5020256"
  },
  "original_language": "en",
  "account": "Workday's president and 10% shareholder, David Duffield, divested $18.6 million worth of Class A shares on September 15, 2026. The sale comprised 96,545 shares, with prices fluctuating between $190.15 and $195.1499 per share. Executed through multiple transactions, the trades adhered to a pre-approved Rule 10b5-1 plan. The shares belong to the David A. Duffield Trust, with Duffield serving as trustee and sole beneficiary. Concurrently, Duffield acquired 96,545 Class A shares by converting an equivalent number of Class B shares. Post-transaction, his trust holds 105,049 Class A shares and 36,070,933 Class B shares. Despite the insider sale, Workday's stock closed at $191.16, marking a 61% increase over the past six months. Experts believe the company remains undervalued, with a PEG ratio of 0.29 signifying promising growth. Workday has attracted 300 Flex Credit agreements and serves 5,500 customers via organic agents. The firm reported $600 million in annual recurring revenue stemming from agentic AI. KeyBanc reduced its stock rating to Sector Weight, while BTIG and D.A. Davidson retained a Neutral stance. Stifel raised its price target to $175, and BMO Capital set a $230 target, citing enhanced product innovation.",
  "summary": null,
  "key_points": [
    "Workday director David Duffield sold $18.6M in Class A shares on 15 September 2026",
    "Duffield's trust now holds 105.049M Class A shares and 36.07M Class B shares",
    "Workday's stock rose 61% in six months despite insider sale"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}