Workday Inc (NASDAQ:WDAY) insider Philip W. Wilmington sold 11,430 shares of the stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $102.68, for a total transaction of $1,173,632.40. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Shares of Workday Inc (WDAY) traded down $1.34 during trading hours on Friday, reaching $112.90. 1,183,450 shares of the company traded hands, compared to its average volume of 2,500,000. The company has a market cap of $23,480.00, a P/E ratio of -78.40 and a beta of 1.83. The company has a debt-to-equity ratio of 0.74, a quick ratio of 2.11 and a current ratio of 2.11. Workday Inc has a fifty-two week low of $79.11 and a fifty-two week high of $116.89.
Workday (NASDAQ:WDAY) last issued its quarterly earnings data on Wednesday, November 29th. The software maker reported $0.24 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.14 by $0.10. The business had revenue of $555.40 million during the quarter, compared to the consensus estimate of $541.05 million. Workday had a negative net margin of 16.91% and a negative return on equity of 19.73%. The firm’s revenue was up 35.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.03 EPS. equities analysts predict that Workday Inc will post -1.1 earnings per share for the current fiscal year.
A number of research analysts have issued reports on the stock. KeyCorp upgraded shares of Workday from a “sector weight” rating to an “overweight” rating and set a $131.00 target price on the stock in a research report on Thursday, January 4th. Guggenheim restated a “hold” rating and set a $106.00 target price on shares of Workday in a research report on Thursday. Northland Securities reiterated a “hold” rating and set a $90.00 price target on shares of Workday in a research report on Sunday, October 29th. Morgan Stanley upgraded shares of Workday from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $108.00 to $145.00 in a research report on Wednesday. Finally, Jefferies Group reiterated a “hold” rating and set a $101.00 price target on shares of Workday in a research report on Friday, December 1st. Three research analysts have rated the stock with a sell rating, twenty have assigned a hold rating and sixteen have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $106.81.
Hedge funds have recently added to or reduced their stakes in the company. First Personal Financial Services raised its stake in shares of Workday by 21.2% during the second quarter. First Personal Financial Services now owns 1,057 shares of the software maker’s stock valued at $103,000 after acquiring an additional 185 shares during the last quarter. Global X Management Co. LLC raised its stake in shares of Workday by 9.3% during the second quarter. Global X Management Co. LLC now owns 1,136 shares of the software maker’s stock valued at $110,000 after acquiring an additional 97 shares during the last quarter. IFP Advisors Inc raised its stake in shares of Workday by 17.6% during the second quarter. IFP Advisors Inc now owns 1,176 shares of the software maker’s stock valued at $114,000 after acquiring an additional 176 shares during the last quarter. Advisor Group Inc. raised its stake in shares of Workday by 22.5% during the second quarter. Advisor Group Inc. now owns 1,283 shares of the software maker’s stock valued at $123,000 after acquiring an additional 236 shares during the last quarter. Finally, FNY Managed Accounts LLC raised its stake in shares of Workday by 607.7% during the third quarter. FNY Managed Accounts LLC now owns 1,380 shares of the software maker’s stock valued at $145,000 after acquiring an additional 1,185 shares during the last quarter. 66.90% of the stock is owned by hedge funds and other institutional investors.
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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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