Workday Inc (WDAY) COO Sells $5,398,650.00 in Stock

Workday Inc (NASDAQ:WDAY) COO James Bozzini sold 32,250 shares of the company’s stock in a transaction dated Wednesday, January 9th. The stock was sold at an average price of $167.40, for a total value of $5,398,650.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

  • On Monday, October 15th, James Bozzini sold 4,981 shares of Workday stock. The stock was sold at an average price of $127.23, for a total value of $633,732.63.

Shares of Workday stock opened at $167.46 on Friday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.10 and a current ratio of 1.10. The stock has a market cap of $36.56 billion, a PE ratio of -131.86 and a beta of 1.81. Workday Inc has a 12 month low of $107.75 and a 12 month high of $172.67.

Workday (NASDAQ:WDAY) last announced its quarterly earnings data on Thursday, November 29th. The software maker reported $0.31 EPS for the quarter, beating the consensus estimate of ($0.45) by $0.76. The firm had revenue of $743.20 million for the quarter, compared to analyst estimates of $723.38 million. Workday had a negative return on equity of 15.98% and a negative net margin of 15.40%. The company’s revenue was up 33.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.24 EPS. Research analysts forecast that Workday Inc will post -1.05 EPS for the current year.

A number of equities analysts have weighed in on the company. Atlantic Securities assumed coverage on Workday in a research note on Wednesday. They issued an “overweight” rating and a $206.00 target price on the stock. Stifel Nicolaus upped their target price on Workday to $160.00 and gave the stock a “hold” rating in a research note on Friday, November 30th. ValuEngine upgraded Workday from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, October 2nd. Credit Suisse Group upped their target price on Workday from $150.00 to $155.00 and gave the stock a “neutral” rating in a research note on Friday, November 30th. Finally, Societe Generale set a $130.00 target price on Workday and gave the stock a “sell” rating in a research note on Friday, November 30th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, seventeen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $157.37.

A number of hedge funds have recently modified their holdings of the stock. State of Alaska Department of Revenue boosted its holdings in Workday by 0.8% during the 4th quarter. State of Alaska Department of Revenue now owns 17,941 shares of the software maker’s stock valued at $2,864,000 after acquiring an additional 144 shares during the period. Lenox Wealth Advisors LLC purchased a new stake in Workday during the 4th quarter valued at about $73,000. North Star Investment Management Corp. boosted its holdings in Workday by 100.0% during the 4th quarter. North Star Investment Management Corp. now owns 200 shares of the software maker’s stock valued at $32,000 after acquiring an additional 100 shares during the period. Avitas Wealth Management LLC boosted its holdings in Workday by 2.9% during the 3rd quarter. Avitas Wealth Management LLC now owns 11,058 shares of the software maker’s stock valued at $1,614,000 after acquiring an additional 308 shares during the period. Finally, Vanguard Group Inc boosted its holdings in Workday by 0.8% during the 3rd quarter. Vanguard Group Inc now owns 12,604,769 shares of the software maker’s stock valued at $1,840,044,000 after acquiring an additional 98,167 shares during the period. Institutional investors own 67.96% of the company’s stock.

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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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