Workday, Inc. (WDAY) Shares Sold by Aperio Group LLC
Aperio Group LLC lowered its position in shares of Workday, Inc. (NYSE:WDAY) by 6.0% during the second quarter, Holdings Channel reports. The institutional investor owned 16,140 shares of the software maker’s stock after selling 1,039 shares during the period. Aperio Group LLC’s holdings in Workday were worth $1,566,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also made changes to their positions in WDAY. Toronto Dominion Bank increased its position in shares of Workday by 29.5% in the first quarter. Toronto Dominion Bank now owns 1,335 shares of the software maker’s stock worth $111,000 after buying an additional 304 shares in the last quarter. State of Alaska Department of Revenue acquired a new position in shares of Workday during the first quarter worth about $124,000. Harbour Capital Advisors LLC acquired a new position in shares of Workday during the first quarter worth about $152,000. FNY Managed Accounts LLC acquired a new position in shares of Workday during the first quarter worth about $155,000. Finally, Mutual of America Capital Management LLC increased its position in shares of Workday by 19.9% in the first quarter. Mutual of America Capital Management LLC now owns 1,950 shares of the software maker’s stock worth $162,000 after buying an additional 324 shares in the last quarter.
Shares of Workday, Inc. (NYSE:WDAY) traded up 1.62% during midday trading on Friday, reaching $99.73. 277,181 shares of the company’s stock were exchanged. Workday, Inc. has a one year low of $65.79 and a one year high of $106.75. The stock’s 50-day moving average is $100.93 and its 200 day moving average is $91.85. The firm’s market cap is $20.64 billion.
Workday (NYSE:WDAY) last released its quarterly earnings data on Thursday, June 1st. The software maker reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.13. Workday had a negative net margin of 22.99% and a negative return on equity of 27.75%. The company had revenue of $479.90 million during the quarter, compared to analysts’ expectations of $468.07 million. During the same quarter in the previous year, the company earned $0.05 earnings per share. The firm’s revenue for the quarter was up 38.0% on a year-over-year basis. Analysts anticipate that Workday, Inc. will post $0.65 EPS for the current year.
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A number of research analysts recently issued reports on the company. UBS AG restated a “buy” rating and set a $115.00 price target (up previously from $103.00) on shares of Workday in a report on Friday, June 2nd. Mitsubishi UFJ Financial Group set a $106.00 price target on Workday and gave the company a “buy” rating in a report on Saturday, June 3rd. Royal Bank Of Canada restated a “buy” rating and set a $106.00 price target on shares of Workday in a report on Sunday, August 6th. Northland Securities restated a “hold” rating and set a $90.00 price target on shares of Workday in a report on Friday, July 28th. Finally, BidaskClub upgraded Workday from a “buy” rating to a “strong-buy” rating in a report on Tuesday. Four analysts have rated the stock with a sell rating, twenty-two have given a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $92.37.
In other Workday news, SVP James P. Shaughnessy sold 1,873 shares of Workday stock in a transaction on Monday, May 15th. The shares were sold at an average price of $94.42, for a total value of $176,848.66. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Mark S. Peek sold 10,249 shares of Workday stock in a transaction on Monday, May 15th. The shares were sold at an average price of $95.11, for a total transaction of $974,782.39. The disclosure for this sale can be found here. Insiders sold 1,284,581 shares of company stock valued at $127,908,387 in the last ninety days. 37.71% of the stock is owned by corporate insiders.
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.
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