Workday Inc (WDAY) SVP Sells $229,158.04 in Stock

Workday Inc (NASDAQ:WDAY) SVP James P. Shaughnessy sold 2,063 shares of the stock in a transaction dated Tuesday, January 16th. The shares were sold at an average price of $111.08, for a total transaction of $229,158.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

James P. Shaughnessy also recently made the following trade(s):

  • On Wednesday, January 10th, James P. Shaughnessy sold 6,341 shares of Workday stock. The shares were sold at an average price of $113.41, for a total transaction of $719,132.81.
  • On Friday, December 15th, James P. Shaughnessy sold 6,409 shares of Workday stock. The shares were sold at an average price of $103.47, for a total transaction of $663,139.23.

Shares of Workday Inc (NASDAQ WDAY) traded up $1.02 during mid-day trading on Thursday, reaching $113.28. 1,198,338 shares of the company’s stock traded hands, compared to its average volume of 1,729,983. The company has a current ratio of 2.11, a quick ratio of 2.11 and a debt-to-equity ratio of 0.74. The stock has a market capitalization of $23,610.00, a price-to-earnings ratio of -78.67 and a beta of 1.83. Workday Inc has a one year low of $80.61 and a one year high of $116.89.

Workday (NASDAQ:WDAY) last announced its earnings results on Wednesday, November 29th. The software maker reported $0.24 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.14 by $0.10. The company had revenue of $555.40 million during the quarter, compared to analyst estimates of $541.05 million. Workday had a negative net margin of 16.91% and a negative return on equity of 19.73%. Workday’s revenue was up 35.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.03 earnings per share. sell-side analysts anticipate that Workday Inc will post -1.1 EPS for the current fiscal year.

A number of equities research analysts have recently commented on the stock. Bank of America increased their target price on shares of Workday from $123.00 to $134.00 and gave the company a “buy” rating in a research report on Monday, November 27th. BidaskClub upgraded shares of Workday from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, November 22nd. JPMorgan Chase & Co. reiterated a “buy” rating and issued a $120.00 target price on shares of Workday in a research report on Tuesday, November 28th. Guggenheim reiterated a “hold” rating and issued a $106.00 target price on shares of Workday in a research report on Thursday, January 11th. Finally, UBS Group reiterated a “sell” rating and issued a $95.00 target price (down from $121.00) on shares of Workday in a research report on Thursday, November 9th. Two investment analysts have rated the stock with a sell rating, twenty have issued a hold rating and sixteen have given a buy rating to the stock. Workday has an average rating of “Hold” and a consensus price target of $106.81.

A number of hedge funds have recently made changes to their positions in the business. Nordea Investment Management AB boosted its stake in Workday by 2.5% during the second quarter. Nordea Investment Management AB now owns 3,413 shares of the software maker’s stock worth $331,000 after buying an additional 83 shares during the period. Toronto Dominion Bank boosted its stake in Workday by 15.1% during the second quarter. Toronto Dominion Bank now owns 1,536 shares of the software maker’s stock worth $149,000 after buying an additional 201 shares during the period. Advisor Group Inc. boosted its stake in Workday by 22.5% during the second 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 period. Suntrust Banks Inc. boosted its stake in Workday by 6.9% during the second quarter. Suntrust Banks Inc. now owns 4,053 shares of the software maker’s stock worth $393,000 after buying an additional 263 shares during the period. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in Workday by 6.3% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 7,862 shares of the software maker’s stock worth $763,000 after buying an additional 464 shares during the period. 66.90% of the stock is owned by institutional investors.

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Workday Company 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.

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

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