Workday Inc (NYSE:WDAY) Director David A. Duffield sold 218,149 shares of the business’s stock in a transaction dated Monday, October 9th. The shares were sold at an average price of $108.69, for a total transaction of $23,710,614.81. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Workday Inc (NYSE:WDAY) traded down 0.04% during mid-day trading on Thursday, reaching $108.47. 101,976 shares of the company were exchanged. The stock has a 50-day moving average price of $105.78 and a 200 day moving average price of $98.25. The company’s market capitalization is $22.56 billion. Workday Inc has a one year low of $65.79 and a one year high of $111.45.
Workday (NYSE:WDAY) last posted its earnings results on Wednesday, August 30th. The software maker reported $0.24 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.15 by $0.09. The business had revenue of $525.30 million for the quarter, compared to analysts’ expectations of $507.44 million. Workday had a negative net margin of 15.71% and a negative return on equity of 24.60%. The business’s revenue for the quarter was up 40.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.04) EPS. Analysts predict that Workday Inc will post $0.83 EPS for the current year.
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WDAY has been the subject of a number of recent analyst reports. Canaccord Genuity reaffirmed a “buy” rating and set a $125.00 price target on shares of Workday in a report on Friday, October 6th. BidaskClub downgraded shares of Workday from a “strong-buy” rating to a “buy” rating in a report on Friday, September 22nd. Robert W. Baird reaffirmed a “buy” rating on shares of Workday in a report on Friday, October 6th. Needham & Company LLC reaffirmed a “hold” rating on shares of Workday in a report on Monday, August 28th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and set a $116.00 price target on shares of Workday in a report on Sunday, August 27th. Four equities research analysts have rated the stock with a sell rating, twenty have given a hold rating and seventeen have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $99.85.
A number of institutional investors and hedge funds have recently bought and sold shares of WDAY. Winfield Associates Inc. lifted its stake 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 during the period. First Personal Financial Services lifted its stake 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 acquiring an additional 185 shares during the period. Global X Management Co. LLC lifted its stake 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 acquiring an additional 97 shares during the period. IFP Advisors Inc lifted its stake 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 acquiring an additional 176 shares during the period. Finally, Advisor Group Inc. lifted its stake in Workday by 22.5% during the 2nd quarter. Advisor Group Inc. now owns 1,283 shares of the software maker’s stock valued at $123,000 after acquiring an additional 236 shares during the period. Institutional investors and hedge funds own 67.08% of the company’s stock.
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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