Cambridge Investment Research Advisors Inc. boosted its position in Workday, Inc. (NYSE:WDAY) by 2.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,542 shares of the software maker’s stock after buying an additional 126 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Workday were worth $538,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of WDAY. Vanguard Group Inc. grew its position in Workday by 6.4% in the 1st quarter. Vanguard Group Inc. now owns 9,936,052 shares of the software maker’s stock valued at $827,474,000 after buying an additional 593,839 shares during the last quarter. Nomura Asset Management Co. Ltd. grew its position in Workday by 2,792.9% in the 1st quarter. Nomura Asset Management Co. Ltd. now owns 391,700 shares of the software maker’s stock valued at $32,621,000 after buying an additional 378,160 shares during the last quarter. State Street Corp grew its position in Workday by 10.6% in the 1st quarter. State Street Corp now owns 2,288,030 shares of the software maker’s stock valued at $190,552,000 after buying an additional 219,326 shares during the last quarter. Sumitomo Mitsui Asset Management Company LTD grew its position in Workday by 47.0% in 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 buying an additional 183,444 shares during the last quarter. Finally, Teacher Retirement System of Texas grew its position in Workday by 355.9% in the 1st quarter. Teacher Retirement System of Texas now owns 179,780 shares of the software maker’s stock valued at $14,972,000 after buying an additional 140,347 shares during the last quarter. Hedge funds and other institutional investors own 67.74% of the company’s stock.

In other news, CFO Robynne Sisco sold 5,262 shares of the firm’s stock in a transaction dated Monday, July 17th. The stock was sold at an average price of $102.75, for a total transaction of $540,670.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director David A. Duffield sold 359,484 shares of the firm’s stock in a transaction dated Monday, July 10th. The stock was sold at an average price of $97.39, for a total value of $35,010,146.76. The disclosure for this sale can be found here. Insiders have sold a total of 853,425 shares of company stock valued at $84,574,732 over the last ninety days. Company insiders own 37.71% of the company’s stock.

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Shares of Workday, Inc. (NYSE:WDAY) opened at 107.90 on Monday. Workday, Inc. has a one year low of $65.79 and a one year high of $111.45. The stock’s 50 day moving average price is $103.73 and its 200-day moving average price is $94.74. The stock’s market cap is $22.34 billion.

Workday (NYSE:WDAY) last posted its quarterly earnings results on Wednesday, August 30th. The software maker reported $0.24 earnings per share for the quarter, topping 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 during the quarter, compared to the consensus estimate of $507.44 million. During the same period last year, the business earned ($0.04) EPS. The business’s quarterly revenue was up 40.6% on a year-over-year basis. On average, equities analysts predict that Workday, Inc. will post $0.83 earnings per share for the current fiscal year.

A number of equities analysts recently weighed in on WDAY shares. Royal Bank Of Canada lowered their price objective on shares of Workday from $105.00 to $96.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 24th. Oppenheimer Holdings, Inc. reiterated an “outperform” rating and issued a $105.00 price objective (up from $95.00) on shares of Workday in a research report on Monday, May 29th. Citigroup Inc. reiterated a “sell” rating on shares of Workday in a research report on Tuesday, May 30th. Drexel Hamilton reiterated a “buy” rating and issued a $114.00 price objective on shares of Workday in a research report on Wednesday, May 31st. Finally, JMP Securities reiterated an “overweight” rating and issued a $90.00 price objective on shares of Workday in a research report on Thursday, June 1st. Four research analysts have rated the stock with a sell rating, twenty-one have given a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $98.79.

Workday 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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Institutional Ownership by Quarter for Workday (NYSE:WDAY)

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