Workday, Inc. (NYSE:WDAY) Director George J. Still, Jr. sold 10,000 shares of the firm’s stock in a transaction on Tuesday, September 12th. The stock was sold at an average price of $106.68, for a total transaction of $1,066,800.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of Workday, Inc. (NYSE WDAY) opened at 105.04 on Friday. The stock’s 50 day moving average price is $104.16 and its 200-day moving average price is $95.37. Workday, Inc. has a 52 week low of $65.79 and a 52 week high of $111.45. The company’s market cap is $21.85 billion.
Workday (NYSE:WDAY) last posted its earnings results on Wednesday, August 30th. The software maker reported $0.24 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.15 by $0.09. Workday had a negative return on equity of 24.07% and a negative net margin of 19.78%. The company had revenue of $525.30 million for the quarter, compared to analyst estimates of $507.44 million. During the same quarter last year, the company earned ($0.04) earnings per share. The company’s revenue for the quarter was up 40.6% on a year-over-year basis. Analysts expect that Workday, Inc. will post $0.82 EPS for the current year.
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Several research analysts recently commented on WDAY shares. JMP Securities reaffirmed an “overweight” rating and issued a $90.00 target price on shares of Workday in a research report on Thursday, June 1st. Mitsubishi UFJ Financial Group set a $106.00 target price on Workday and gave the stock a “buy” rating in a research report on Saturday, June 3rd. Wunderlich reaffirmed a “hold” rating and issued a $96.00 target price (up from $86.00) on shares of Workday in a research report on Saturday, June 3rd. Morgan Stanley reaffirmed an “equal weight” rating and issued a $100.00 target price (up from $91.00) on shares of Workday in a research report on Saturday, June 3rd. Finally, Royal Bank Of Canada raised their target price on Workday from $105.00 to $106.00 and gave the stock an “outperform” rating in a research report on Friday, June 2nd. Four investment analysts have rated the stock with a sell rating, twenty-one have issued a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Workday has an average rating of “Hold” and an average target price of $98.79.
A number of institutional investors have recently modified their holdings of the stock. Fisher Asset Management LLC lifted its holdings in Workday by 0.5% during the second quarter. Fisher Asset Management LLC now owns 8,620 shares of the software maker’s stock worth $836,000 after acquiring an additional 45 shares during the period. Nordea Investment Management AB lifted its holdings in Workday by 2.5% during the second quarter. Nordea Investment Management AB now owns 3,413 shares of the software maker’s stock worth $331,000 after acquiring an additional 83 shares during the period. Global X Management Co. LLC lifted its holdings in Workday by 9.3% during the second quarter. Global X Management Co. LLC now owns 1,136 shares of the software maker’s stock worth $110,000 after acquiring an additional 97 shares during the period. Utah Retirement Systems lifted its holdings in Workday by 0.5% during the first quarter. Utah Retirement Systems now owns 21,400 shares of the software maker’s stock worth $1,782,000 after acquiring an additional 100 shares during the period. Finally, Gemmer Asset Management LLC lifted its holdings in Workday by 1.3% during the second quarter. Gemmer Asset Management LLC now owns 8,881 shares of the software maker’s stock worth $861,000 after acquiring an additional 117 shares during the period. Institutional investors and hedge funds own 67.74% 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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