Workday, Inc. (NYSE:WDAY) Director Michael A. Stankey sold 25,000 shares of the stock in a transaction dated Wednesday, September 13th. The stock was sold at an average price of $106.86, for a total transaction of $2,671,500.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Michael A. Stankey also recently made the following trade(s):

  • On Tuesday, August 15th, Michael A. Stankey sold 6,542 shares of Workday stock. The shares were sold at an average price of $101.67, for a total transaction of $665,125.14.
  • On Thursday, June 22nd, Michael A. Stankey sold 25,000 shares of Workday stock. The shares were sold at an average price of $102.12, for a total transaction of $2,553,000.00.

Shares of Workday, Inc. (NYSE:WDAY) opened at 105.04 on Friday. The stock has a 50 day moving average of $104.16 and a 200-day moving average of $95.37. The firm’s market capitalization is $21.85 billion. Workday, Inc. has a 52 week low of $65.79 and a 52 week high of $111.45.

Workday (NYSE:WDAY) last issued its quarterly earnings results on Wednesday, August 30th. The software maker reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.09. The company had revenue of $525.30 million during the quarter, compared to analysts’ expectations of $507.44 million. Workday had a negative net margin of 19.78% and a negative return on equity of 24.07%. The business’s quarterly revenue was up 40.6% on a year-over-year basis. During the same period last year, the business earned ($0.04) EPS. Equities analysts anticipate that Workday, Inc. will post $0.82 earnings per share for the current fiscal year.

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Several large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its stake in shares of Workday by 8.5% in the second quarter. Vanguard Group Inc. now owns 10,782,861 shares of the software maker’s stock valued at $1,045,937,000 after buying an additional 846,809 shares in the last quarter. Tybourne Capital Management HK Ltd. grew its stake in shares of Workday by 2.2% in the second quarter. Tybourne Capital Management HK Ltd. now owns 2,935,961 shares of the software maker’s stock valued at $284,788,000 after buying an additional 62,419 shares in the last quarter. State Street Corp grew its stake in shares of Workday by 10.6% in the first 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 in the last quarter. Federated Investors Inc. PA grew its stake in shares of Workday by 3.3% in the second quarter. Federated Investors Inc. PA now owns 1,322,300 shares of the software maker’s stock valued at $128,263,000 after buying an additional 41,800 shares in the last quarter. Finally, Renaissance Technologies LLC bought a new position in shares of Workday in the second quarter valued at $117,209,000. 67.74% of the stock is owned by institutional investors and hedge funds.

A number of research analysts have issued reports on WDAY shares. Royal Bank Of Canada dropped their target price 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. reaffirmed an “outperform” rating and issued a $105.00 target price (up from $95.00) on shares of Workday in a report on Monday, May 29th. Citigroup Inc. reaffirmed a “sell” rating on shares of Workday in a report on Tuesday, May 30th. Drexel Hamilton reaffirmed a “buy” rating and issued a $114.00 target price on shares of Workday in a report on Wednesday, May 31st. Finally, JMP Securities reaffirmed an “overweight” rating and issued a $90.00 target price on shares of Workday in a report on Thursday, June 1st. Four research 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 given a strong buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $98.79.

About Workday

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.

Insider Buying and Selling by Quarter for Workday (NYSE:WDAY)

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