Workday Inc (NYSE:WDAY) Director David A. Duffield sold 218,149 shares of the business’s stock in a transaction on Monday, October 9th. The shares were sold at an average price of $108.69, for a total value of $23,710,614.81. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of Workday Inc (NYSE WDAY) opened at 108.64 on Friday. The company’s 50 day moving average price is $105.92 and its 200 day moving average price is $98.33. The company’s market cap is $22.60 billion. Workday Inc has a 12 month low of $65.79 and a 12 month high of $111.45.
Workday (NYSE:WDAY) last announced its quarterly earnings results on Wednesday, August 30th. The software maker reported $0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.09. Workday had a negative return on equity of 24.60% and a negative net margin of 15.71%. The company had revenue of $525.30 million for the quarter, compared to the consensus estimate of $507.44 million. During the same quarter in the previous year, the business earned ($0.04) EPS. Workday’s revenue was up 40.6% compared to the same quarter last year. On average, equities analysts expect that Workday Inc will post $0.83 EPS for the current fiscal year.
Several equities analysts have weighed in on the company. BidaskClub cut Workday from a “strong-buy” rating to a “buy” rating in a report on Thursday, June 29th. Canaccord Genuity reaffirmed a “buy” rating and issued a $115.00 price objective on shares of Workday in a report on Friday, July 7th. J P Morgan Chase & Co lifted their price objective on Workday to $115.00 and gave the company an “overweight” rating in a report on Thursday, July 13th. Northland Securities reaffirmed a “hold” rating and issued a $90.00 price objective on shares of Workday in a report on Friday, July 28th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and issued a $106.00 price objective on shares of Workday in a report on Sunday, August 6th. Four research analysts have rated the stock with a sell rating, twenty have issued a hold rating and seventeen have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $99.85.
Institutional investors have recently bought and sold shares of the business. Winfield Associates Inc. boosted its position in Workday by 136.4% during the 2nd quarter. Winfield Associates Inc. now owns 1,040 shares of the software maker’s stock valued at $101,000 after acquiring an additional 600 shares in the last quarter. Sumitomo Mitsui Asset Management Company LTD boosted its position in Workday by 47.0% during the 2nd quarter. Sumitomo Mitsui Asset Management Company LTD now owns 573,715 shares of the software maker’s stock valued at $55,650,000 after acquiring an additional 183,444 shares in the last quarter. First Trust Advisors LP boosted its position in Workday by 338.4% during the 2nd quarter. First Trust Advisors LP now owns 64,106 shares of the software maker’s stock valued at $6,218,000 after acquiring an additional 49,483 shares in the last quarter. Prudential Financial Inc. boosted its position in Workday by 18.2% during the 1st quarter. Prudential Financial Inc. now owns 4,030 shares of the software maker’s stock valued at $336,000 after acquiring an additional 620 shares in the last quarter. Finally, Teachers Advisors LLC boosted its position in Workday by 15.3% during the 2nd quarter. Teachers Advisors LLC now owns 201,054 shares of the software maker’s stock valued at $19,502,000 after acquiring an additional 26,700 shares in the last quarter. 67.08% of the stock is currently owned by institutional investors and hedge funds.
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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