Workday, Inc. (NASDAQ:WDAY) CEO Aneel Bhusri sold 23,424 shares of the stock in a transaction on Monday, April 16th. The stock was sold at an average price of $127.13, for a total transaction of $2,977,893.12. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
Aneel Bhusri also recently made the following trade(s):
- On Friday, March 2nd, Aneel Bhusri sold 75,000 shares of Workday stock. The stock was sold at an average price of $127.23, for a total transaction of $9,542,250.00.
WDAY stock opened at $132.57 on Wednesday. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.92 and a quick ratio of 1.92. Workday, Inc. has a 52-week low of $82.85 and a 52-week high of $140.00. The stock has a market cap of $26,189.10, a price-to-earnings ratio of -104.39 and a beta of 1.79.
Workday (NASDAQ:WDAY) last released its earnings results on Tuesday, February 27th. The software maker reported $0.28 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.19 by $0.09. Workday had a negative net margin of 14.99% and a negative return on equity of 16.31%. The business had revenue of $582.48 million during the quarter, compared to analysts’ expectations of $573.41 million. equities analysts anticipate that Workday, Inc. will post -1.24 EPS for the current fiscal year.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Schwab Charles Investment Management Inc. lifted its stake in shares of Workday by 8.4% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 250,709 shares of the software maker’s stock valued at $25,508,000 after buying an additional 19,446 shares during the period. Beech Hill Advisors Inc. bought a new stake in shares of Workday in the fourth quarter valued at about $275,000. Sumitomo Mitsui Asset Management Company LTD lifted its stake in shares of Workday by 3.2% in the fourth quarter. Sumitomo Mitsui Asset Management Company LTD now owns 610,443 shares of the software maker’s stock valued at $62,106,000 after buying an additional 19,122 shares during the period. US Bancorp DE lifted its stake in shares of Workday by 7.1% in the fourth quarter. US Bancorp DE now owns 14,841 shares of the software maker’s stock valued at $1,511,000 after buying an additional 985 shares during the period. Finally, National Pension Service lifted its stake in shares of Workday by 2.0% in the fourth quarter. National Pension Service now owns 147,624 shares of the software maker’s stock valued at $15,019,000 after buying an additional 2,871 shares during the period. Institutional investors and hedge funds own 69.99% of the company’s stock.
Several equities analysts have commented on the stock. Monness Crespi & Hardt assumed coverage on shares of Workday in a research report on Wednesday, April 11th. They set a “buy” rating and a $156.00 target price on the stock. ValuEngine raised shares of Workday from a “hold” rating to a “buy” rating in a research report on Monday, April 2nd. Royal Bank of Canada increased their target price on shares of Workday to $135.00 and gave the stock an “outperform” rating in a research report on Thursday, February 22nd. Guggenheim reissued a “hold” rating and set a $106.00 target price on shares of Workday in a research report on Thursday, January 11th. Finally, UBS reissued an “overweight” rating and set a $135.00 target price on shares of Workday in a research report on Wednesday, February 28th. One research analyst has rated the stock with a sell rating, eighteen have assigned a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $122.78.
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Workday Company Profile
Workday, Inc provides enterprise cloud applications for finance and human resources worldwide. It provides applications for customers to manage critical business functions to optimize their financial and human capital resources. The company offers Workday Financial Management application that provides functions of general ledger, accounting, accounts payable and receivable, cash and asset management, employee expense and revenue management, projects, procurement, inventory, and grants management.
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