Gilder Gagnon Howe & Co. LLC lifted its stake in shares of Workday Inc (NYSE:WDAY) by 13.9% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 124,246 shares of the software maker’s stock after buying an additional 15,147 shares during the quarter. Gilder Gagnon Howe & Co. LLC owned about 0.09% of Workday worth $13,094,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Winfield Associates Inc. lifted its stake in shares of Workday by 136.4% during the 2nd quarter. Winfield Associates Inc. now owns 1,040 shares of the software maker’s stock worth $101,000 after buying an additional 600 shares during the last quarter. First Personal Financial Services lifted its stake in shares of Workday by 21.2% during the 2nd quarter. First Personal Financial Services now owns 1,057 shares of the software maker’s stock worth $103,000 after buying an additional 185 shares during the last quarter. Global X Management Co. LLC lifted its stake in shares of Workday by 9.3% during the 2nd quarter. Global X Management Co. LLC now owns 1,136 shares of the software maker’s stock worth $110,000 after buying an additional 97 shares during the last quarter. IFP Advisors Inc lifted its stake in shares of Workday by 17.6% during the 2nd quarter. IFP Advisors Inc now owns 1,176 shares of the software maker’s stock worth $114,000 after buying an additional 176 shares during the last quarter. Finally, Advisor Group Inc. lifted its stake in shares of Workday by 22.5% during the 2nd quarter. Advisor Group Inc. now owns 1,283 shares of the software maker’s stock worth $123,000 after buying an additional 236 shares during the last quarter. Institutional investors own 67.08% of the company’s stock.

Workday Inc (WDAY) traded up $1.01 during trading hours on Tuesday, reaching $107.18. 267,818 shares of the company traded hands, compared to its average volume of 1,575,959. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.54 and a current ratio of 1.54. Workday Inc has a twelve month low of $65.79 and a twelve month high of $111.94.

Workday (NYSE:WDAY) last issued its quarterly earnings results on Wednesday, August 30th. The software maker reported $0.24 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.15 by $0.09. The firm had revenue of $525.30 million for the quarter, compared to the consensus estimate of $507.44 million. Workday had a negative net margin of 15.71% and a negative return on equity of 24.60%. The company’s revenue for the quarter was up 40.6% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.04) EPS.

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In other news, insider Mark S. Peek sold 8,467 shares of the business’s stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $108.94, for a total value of $922,394.98. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Robynne Sisco sold 2,317 shares of the business’s stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $109.32, for a total transaction of $253,294.44. The disclosure for this sale can be found here. Insiders sold a total of 1,542,724 shares of company stock worth $167,301,313 in the last 90 days. Corporate insiders own 37.71% of the company’s stock.

A number of research firms have recently issued reports on WDAY. Robert W. Baird restated a “buy” rating and set a $114.00 target price on shares of Workday in a research note on Friday. UBS AG restated a “sell” rating and set a $95.00 target price (down previously from $121.00) on shares of Workday in a research note on Thursday, November 9th. Guggenheim began coverage on shares of Workday in a research note on Monday, October 30th. They set a “neutral” rating and a $105.00 target price for the company. Northland Securities restated a “hold” rating and set a $90.00 target price on shares of Workday in a research note on Sunday, October 29th. Finally, Piper Jaffray Companies restated a “buy” rating and set a $125.00 target price on shares of Workday in a research note on Tuesday, October 17th. Five equities research analysts have rated the stock with a sell rating, twenty-two have assigned a hold rating and fifteen have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $99.53.

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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