Workday Inc (NASDAQ:WDAY) Director Michael A. Stankey sold 12,500 shares of the stock in a transaction dated Friday, December 28th. The shares were sold at an average price of $102.10, for a total value of $1,276,250.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
- On Thursday, December 28th, Michael A. Stankey sold 12,500 shares of Workday stock. The shares were sold at an average price of $102.10, for a total value of $1,276,250.00.
Shares of Workday Inc (NASDAQ:WDAY) opened at $101.74 on Monday. The company has a quick ratio of 2.11, a current ratio of 2.11 and a debt-to-equity ratio of 0.74. Workday Inc has a one year low of $65.79 and a one year high of $116.89. The company has a market capitalization of $21,260.00, a P/E ratio of -70.65 and a beta of 1.82.
Workday (NASDAQ:WDAY) last announced its quarterly earnings data on Wednesday, November 29th. The software maker reported $0.24 EPS for the quarter, beating the Zacks’ consensus estimate of $0.14 by $0.10. Workday had a negative return on equity of 19.73% and a negative net margin of 16.91%. The firm had revenue of $555.40 million during the quarter, compared to analysts’ expectations of $541.05 million. During the same quarter last year, the firm posted $0.03 earnings per share. The company’s revenue for the quarter was up 35.6% compared to the same quarter last year. equities research analysts expect that Workday Inc will post -1.1 EPS for the current fiscal year.
Institutional investors have recently made changes to their positions in the business. Advisor Group Inc. lifted its holdings in shares of Workday by 22.5% in the second quarter. Advisor Group Inc. now owns 1,283 shares of the software maker’s stock valued at $123,000 after purchasing an additional 236 shares in the last quarter. FNY Managed Accounts LLC lifted its holdings in shares of Workday by 607.7% in the third quarter. FNY Managed Accounts LLC now owns 1,380 shares of the software maker’s stock valued at $145,000 after purchasing an additional 1,185 shares in the last quarter. Toronto Dominion Bank lifted its holdings in shares of Workday by 15.1% in the second quarter. Toronto Dominion Bank now owns 1,536 shares of the software maker’s stock valued at $149,000 after purchasing an additional 201 shares in the last quarter. IBM Retirement Fund bought a new position in shares of Workday in the third quarter valued at approximately $204,000. Finally, BlueSky Wealth Advisors LLC bought a new position in shares of Workday in the third quarter valued at approximately $206,000. 67.54% of the stock is owned by hedge funds and other institutional investors.
Several equities research analysts recently commented on WDAY shares. JMP Securities cut Workday from a “market outperform” rating to a “market perform” rating in a research note on Tuesday, October 10th. FBN Securities raised Workday from a “sector perform” rating to an “outperform” rating and raised their target price for the stock from $115.00 to $125.00 in a research note on Wednesday, October 11th. Robert W. Baird reaffirmed a “buy” rating and set a $114.00 target price on shares of Workday in a research note on Thursday, October 12th. Canaccord Genuity reaffirmed a “buy” rating and set a $125.00 target price on shares of Workday in a research note on Friday, October 6th. Finally, Citigroup reaffirmed a “sell” rating and set a $85.00 target price on shares of Workday in a research note on Thursday, November 30th. Four investment analysts have rated the stock with a sell rating, twenty-two have given a hold rating and fourteen have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $103.03.
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.