Workday, Inc. (NYSE:WDAY) Director David A. Duffield sold 457,386 shares of the company’s stock in a transaction that occurred on Friday, September 8th. The stock was sold at an average price of $109.35, for a total value of $50,015,159.10. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Workday, Inc. (NYSE WDAY) opened at 108.27 on Tuesday. Workday, Inc. has a 12 month low of $65.79 and a 12 month high of $111.45. The company has a 50 day moving average price of $103.77 and a 200-day moving average price of $94.88. The company’s market cap is $22.41 billion.
Workday (NYSE:WDAY) last announced its earnings results on Wednesday, August 30th. The software maker reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.09. The business had revenue of $525.30 million for the quarter, compared to analyst estimates of $507.44 million. Workday had a negative return on equity of 24.07% and a negative net margin of 19.78%. The company’s quarterly revenue was up 40.6% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.04) EPS. Equities analysts predict that Workday, Inc. will post $0.83 earnings per share for the current fiscal year.
A number of hedge funds have recently modified their holdings of the stock. Winfield Associates Inc. raised its position in shares of Workday by 136.4% in the 2nd quarter. Winfield Associates Inc. now owns 1,040 shares of the software maker’s stock worth $101,000 after acquiring an additional 600 shares in the last quarter. First Personal Financial Services increased its position in Workday by 21.2% during the 2nd quarter. First Personal Financial Services now owns 1,057 shares of the software maker’s stock valued at $103,000 after buying an additional 185 shares in the last quarter. Global X Management Co. LLC increased its position in Workday by 9.3% during the 2nd quarter. Global X Management Co. LLC now owns 1,136 shares of the software maker’s stock valued at $110,000 after buying an additional 97 shares in the last quarter. Toronto Dominion Bank increased its position in Workday by 29.5% during the 1st quarter. Toronto Dominion Bank now owns 1,335 shares of the software maker’s stock valued at $111,000 after buying an additional 304 shares in the last quarter. Finally, IFP Advisors Inc increased its position in Workday by 17.6% during the 2nd quarter. IFP Advisors Inc now owns 1,176 shares of the software maker’s stock valued at $114,000 after buying an additional 176 shares in the last quarter. Institutional investors own 67.74% of the company’s stock.
WDAY has been the subject of a number of recent research reports. JMP Securities reaffirmed an “overweight” rating and set a $90.00 price target on shares of Workday in a research report on Thursday, June 1st. Mitsubishi UFJ Financial Group set a $106.00 price target on Workday and gave the stock a “buy” rating in a research report on Saturday, June 3rd. Wunderlich reaffirmed a “hold” rating and set a $96.00 price target (up previously from $86.00) on shares of Workday in a research report on Saturday, June 3rd. Morgan Stanley reaffirmed an “equal weight” rating and set a $100.00 price target (up previously from $91.00) on shares of Workday in a research report on Saturday, June 3rd. Finally, Royal Bank Of Canada upped their price target on Workday from $105.00 to $106.00 and gave the stock an “outperform” rating in a research report on Friday, June 2nd. Four research analysts have rated the stock with a sell rating, twenty-one have given a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $98.79.
Workday Company Profile
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.
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