Workday Inc (WDAY) COO Sells $545,921.80 in Stock

Workday Inc (NASDAQ:WDAY) COO James Bozzini sold 4,916 shares of the business’s stock in a transaction that occurred on Tuesday, January 16th. The stock was sold at an average price of $111.05, for a total transaction of $545,921.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

James Bozzini also recently made the following trade(s):

  • On Friday, December 28th, James Bozzini sold 5,000 shares of Workday stock. The stock was sold at an average price of $102.08, for a total transaction of $510,400.00.
  • On Thursday, December 28th, James Bozzini sold 5,000 shares of Workday stock. The stock was sold at an average price of $102.08, for a total transaction of $510,400.00.

Shares of Workday Inc (WDAY) opened at $114.11 on Friday. The firm has a market cap of $23,910.00, a price-to-earnings ratio of -79.24 and a beta of 1.83. The company has a current ratio of 2.11, a quick ratio of 2.11 and a debt-to-equity ratio of 0.74. Workday Inc has a 12-month low of $80.61 and a 12-month high of $116.89.

Workday (NASDAQ:WDAY) last announced its quarterly earnings results on Wednesday, November 29th. The software maker reported $0.24 earnings per share 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 analysts’ expectations 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 for the quarter was up 35.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.03 EPS. equities research analysts expect that Workday Inc will post -1.1 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Advisor Group Inc. raised its holdings in Workday by 22.5% in the 2nd quarter. Advisor Group Inc. now owns 1,283 shares of the software maker’s stock worth $123,000 after purchasing an additional 236 shares in the last quarter. FNY Managed Accounts LLC raised its holdings in Workday by 607.7% in the 3rd quarter. FNY Managed Accounts LLC now owns 1,380 shares of the software maker’s stock worth $145,000 after purchasing an additional 1,185 shares in the last quarter. Toronto Dominion Bank raised its holdings in Workday by 15.1% in the 2nd quarter. Toronto Dominion Bank now owns 1,536 shares of the software maker’s stock worth $149,000 after purchasing an additional 201 shares in the last quarter. IBM Retirement Fund bought a new position in Workday in the 3rd quarter worth $204,000. Finally, BlueSky Wealth Advisors LLC bought a new position in Workday in the 3rd quarter worth $206,000. 66.90% of the stock is owned by institutional investors and hedge funds.

A number of equities analysts have commented on WDAY shares. Guggenheim started coverage on shares of Workday in a research note on Monday, October 30th. They issued a “neutral” rating and a $105.00 price target for the company. UBS Group reaffirmed a “sell” rating and issued a $95.00 price objective (down previously from $121.00) on shares of Workday in a research note on Thursday, November 9th. Robert W. Baird reaffirmed a “buy” rating and issued a $114.00 price objective on shares of Workday in a research note on Friday, November 10th. Barclays upped their price objective on shares of Workday from $108.00 to $117.00 and gave the company an “equal weight” rating in a research note on Friday, November 17th. Finally, JMP Securities cut shares of Workday from a “market outperform” rating to a “market perform” rating in a research note on Tuesday, October 10th. Two research analysts have rated the stock with a sell rating, twenty have assigned a hold rating and sixteen have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $106.81.

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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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