Workday, Inc. (WDAY) SVP Sells $199,249.89 in Stock

Workday, Inc. (NYSE:WDAY) SVP James P. Shaughnessy sold 1,959 shares of the firm’s stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $101.71, for a total value of $199,249.89. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

James P. Shaughnessy also recently made the following trade(s):

  • On Monday, July 17th, James P. Shaughnessy sold 8,760 shares of Workday stock. The shares were sold at an average price of $103.62, for a total value of $907,711.20.
  • On Thursday, June 15th, James P. Shaughnessy sold 6,000 shares of Workday stock. The shares were sold at an average price of $97.85, for a total value of $587,100.00.

Workday, Inc. (NYSE:WDAY) opened at 101.40 on Friday. The company’s 50-day moving average price is $101.28 and its 200 day moving average price is $92.65. Workday, Inc. has a 1-year low of $65.79 and a 1-year high of $106.75. The firm’s market capitalization is $20.99 billion.

Workday (NYSE:WDAY) last announced its earnings results on Thursday, June 1st. The software maker reported $0.29 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.16 by $0.13. Workday had a negative return on equity of 27.75% and a negative net margin of 22.99%. The business had revenue of $479.90 million for the quarter, compared to analyst estimates of $468.07 million. During the same period in the previous year, the company earned $0.05 earnings per share. The company’s revenue for the quarter was up 38.0% compared to the same quarter last year. On average, equities analysts anticipate that Workday, Inc. will post $0.66 EPS for the current year.

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Several hedge funds have recently made changes to their positions in the company. Renaissance Technologies LLC acquired a new stake in shares of Workday during the second quarter worth about $117,209,000. Janus Henderson Group PLC raised its stake in shares of Workday by 6,210.6% in the second quarter. Janus Henderson Group PLC now owns 1,038,153 shares of the software maker’s stock worth $100,701,000 after buying an additional 1,021,702 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Workday by 8.5% in the second quarter. Vanguard Group Inc. now owns 10,782,861 shares of the software maker’s stock worth $1,045,937,000 after buying an additional 846,809 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its stake in shares of Workday by 2,792.9% in the first quarter. Nomura Asset Management Co. Ltd. now owns 391,700 shares of the software maker’s stock worth $32,621,000 after buying an additional 378,160 shares during the last quarter. Finally, Balyasny Asset Management LLC raised its stake in shares of Workday by 492.8% in the second quarter. Balyasny Asset Management LLC now owns 383,164 shares of the software maker’s stock worth $37,167,000 after buying an additional 318,523 shares during the last quarter.

WDAY has been the topic of a number of research analyst reports. Benchmark Co. initiated coverage on Workday in a research note on Thursday, April 27th. They issued a “hold” rating on the stock. Deutsche Bank AG reaffirmed a “hold” rating and issued a $95.00 price target (up from $85.00) on shares of Workday in a research note on Saturday, June 3rd. Credit Suisse Group reaffirmed a “neutral” rating and issued a $94.00 price target (up from $91.00) on shares of Workday in a research note on Saturday, June 3rd. J P Morgan Chase & Co lifted their price target on Workday to $115.00 and gave the stock an “overweight” rating in a research note on Thursday, July 13th. Finally, BMO Capital Markets lifted their price target on Workday from $105.00 to $110.00 and gave the stock a “market perform” rating in a research note on Thursday. Four equities research analysts have rated the stock with a sell rating, twenty-two have issued a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the stock. Workday currently has an average rating of “Hold” and an average price target of $92.77.

About Workday

Workday, Inc is a provider of enterprise cloud applications for finance and human resources. The Company delivers financial management, human capital management and analytics applications designed for various companies, educational institutions and government agencies. As part of its applications, the Company provides embedded analytics that capture the content and context of everyday business events, facilitating informed decision-making from wherever users are working.

Insider Buying and Selling by Quarter for Workday (NYSE:WDAY)

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