Traders should watch for potential downward pressure on WDAY shares, especially if these sales are followed by weak guidance or soft earnings. The participation of the CFO and product president raises concerns about internal confidence, even if the total dollar amount is not massive relative to market cap.
Price Chart
Executive Summary
Multiple Workday executives and a major shareholder sold over $5.4 million in stock within a 7-day window, including CFO Zane Rowe and President Gerrit Kazmaier selling over $1.2 million and $1.2 million respectively, and founder David Duffield selling $3.26 million. These are open-market sales, not routine non-cash transactions, signaling material insider disposition.
Key Financial Metrics
Key Facts
- Insider cluster totals $5.43M in open-market sales over 7 days
- CFO Zane Rowe sold $408K, President Gerrit Kazmaier sold $1.20M, and major shareholder David Duffield sold $3.26M
- All transactions are open-market sales (S code), not non-cash or tax-related events
- Total value represents ~0.019% of $28.9B market cap — modest in size but notable due to concentration among top executives
- No offsetting insider purchases in the cluster
Financial Impact
$5.43 million in insider sales over 7 days
Risk Factors
- Insider selling may signal lack of confidence in near-term prospects
- Concentration of sales among C-suite executives amplifies negative signal
- Risk of negative market perception despite modest absolute size
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-WDAY-1776116332677 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 27, 2026 5w ago | Press Release | $204.72 $188.60 | ▼ −7.87% | ▼ −8.13% | $186.14 (−9.08%) |
Jul 14, 2026 11w ago | Insider Cluster | $141.82 $175.29 | ▲ +23.60% | ▲ +21.26% | $186.14 (+31.25%) |
Jul 13, 2026 11w ago | Insider Cluster | $144.87 $184.19 | ▲ +27.14% | ▲ +23.96% | $186.14 (+28.49%) |
Jul 7, 2026 12w ago | Insider Cluster | $137.88 $170.64 | ▲ +23.76% | ▲ +20.48% | $186.14 (+35.00%) |
Jul 7, 2026 12w ago | Insider Cluster | $143.65 $165.05 | ▲ +14.90% | ▲ +13.57% | $186.14 (+29.58%) |
Jun 25, 2026 14w ago | 144 | $124.21 $127.87 | ▲ +2.95% | ▲ +1.69% | $186.14 (+49.86%) |
Jun 22, 2026 14w ago | 144 | $115.13 $147.22 | ▲ +27.87% | ▲ +26.71% | $186.14 (+61.68%) |
Jun 13, 2026 15w ago | Institutional Cluster | $129.60 $144.87 | ▼ −11.78% | ▼ −12.53% | $186.14 (−43.63%) |
Jun 12, 2026 15w ago | 144 | $129.60 $144.87 | ▲ +11.78% | ▲ +12.53% | $186.14 (+43.63%) |
Jun 9, 2026 16w ago | 144 | $137.47 $138.34 | ▲ +0.63% | ▼ −2.99% | $186.14 (+35.40%) |
US Market Status
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