George J. Still, Jr. Sells 10,000 Shares of Workday, Inc. (WDAY) Stock
Workday, Inc. (NYSE:WDAY) Director George J. Still, Jr. sold 10,000 shares of the firm’s stock in a transaction that occurred 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 transaction was disclosed in a document filed with the SEC, which is accessible through this link.
Workday, Inc. (WDAY) opened at 105.04 on Friday. The company’s market cap is $21.85 billion. Workday, Inc. has a 12 month low of $65.79 and a 12 month high of $111.45. The company’s 50-day moving average is $104.16 and its 200-day moving average is $95.37.
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, beating analysts’ consensus estimates 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 business had revenue of $525.30 million for the quarter, compared to analysts’ expectations of $507.44 million. During the same quarter in the prior year, the business earned ($0.04) EPS. The firm’s revenue for the quarter was up 40.6% on a year-over-year basis. On average, equities research analysts anticipate that Workday, Inc. will post $0.82 earnings per share for the current year.
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A number of institutional investors and hedge funds have recently bought and sold shares of WDAY. Capstone Asset Management Co. bought a new stake in Workday in the 1st quarter valued at $234,000. Waldron LP raised its stake in Workday by 167.1% in the 1st quarter. Waldron LP now owns 11,102 shares of the software maker’s stock valued at $896,000 after acquiring an additional 6,946 shares during the period. ProShare Advisors LLC bought a new stake in Workday in the 1st quarter valued at $241,000. Shell Asset Management Co. raised its stake in Workday by 2.3% in the 1st quarter. Shell Asset Management Co. now owns 8,001 shares of the software maker’s stock valued at $666,000 after acquiring an additional 183 shares during the period. Finally, Great West Life Assurance Co. Can raised its stake in Workday by 2.2% in the 1st quarter. Great West Life Assurance Co. Can now owns 63,437 shares of the software maker’s stock valued at $5,278,000 after acquiring an additional 1,364 shares during the period. Institutional investors and hedge funds own 67.74% of the company’s stock.
Several analysts recently commented on WDAY shares. Royal Bank Of Canada decreased their price target on shares of Workday from $105.00 to $96.00 and set an “outperform” rating for the company in a report on Wednesday, May 24th. Oppenheimer Holdings, Inc. restated an “outperform” rating and set a $105.00 price target (up from $95.00) on shares of Workday in a report on Monday, May 29th. Citigroup Inc. restated a “sell” rating on shares of Workday in a report on Tuesday, May 30th. Drexel Hamilton restated a “buy” rating and set a $114.00 price target on shares of Workday in a report on Wednesday, May 31st. Finally, JMP Securities reaffirmed an “overweight” rating and set a $90.00 price objective on shares of Workday in a research report on Thursday, June 1st. Four equities research analysts have rated the stock with a sell rating, twenty-one have issued a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $98.79.
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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