Overview
- Workday shares fell roughly 6–6.6% to close near $119 and then slipped again the next session, touching about $112.69 intraday, according to Benzinga.
- Co-founder David Duffield sold 107,500 shares for about $13.9 million under a preset Rule 10b5-1 plan, which more than halved his remaining stake to roughly 105,000 shares.
- CFO Zane Rowe sold 6,000 shares and executive Robert Enslin sold 5,373 through Rule 10b5-1 plans that pre-schedule trades, with Rowe’s sale used to cover taxes on vested equity.
- Anthropic introduced Managed Agents, a hosted service for long, multi-step autonomous workflows that use policy-guarded tools to act inside software, a setup investors fear could undercut seat-based SaaS pricing over time.
- Several firms trimmed targets in recent weeks, yet the 34-analyst view remains Moderate Buy with an average target near $199.71 and institutional ownership around 89.8%.