Workday, Inc. (NYSE:WDAY) Director David A. Duffield sold 457,386 shares of Workday stock in a transaction dated Friday, September 8th. The stock was sold at an average price of $109.35, for a total value of $50,015,159.10. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Shares of Workday, Inc. (NYSE WDAY) opened at 107.02 on Thursday. The firm’s 50-day moving average price is $103.99 and its 200 day moving average price is $95.10. Workday, Inc. has a 1-year low of $65.79 and a 1-year high of $111.45. The company’s market capitalization is $22.26 billion.

Workday (NYSE:WDAY) last released its quarterly earnings data on Wednesday, August 30th. The software maker reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.09. Workday had a negative net margin of 19.78% and a negative return on equity of 24.07%. The business had revenue of $525.30 million during the quarter, compared to analyst estimates of $507.44 million. During the same period in the previous year, the business earned ($0.04) EPS. Workday’s revenue was up 40.6% compared to the same quarter last year. Equities analysts predict that Workday, Inc. will post $0.83 EPS for the current fiscal year.

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A number of large investors have recently made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in Workday by 8.5% in the 2nd quarter. Vanguard Group Inc. now owns 10,782,861 shares of the software maker’s stock valued at $1,045,937,000 after purchasing an additional 846,809 shares during the period. Tybourne Capital Management HK Ltd. boosted its holdings in Workday by 2.2% in the 2nd quarter. Tybourne Capital Management HK Ltd. now owns 2,935,961 shares of the software maker’s stock valued at $284,788,000 after purchasing an additional 62,419 shares during the period. State Street Corp boosted its holdings in Workday by 10.6% in the 1st quarter. State Street Corp now owns 2,288,030 shares of the software maker’s stock valued at $190,552,000 after purchasing an additional 219,326 shares during the period. Federated Investors Inc. PA boosted its holdings in Workday by 3.3% in the 2nd quarter. Federated Investors Inc. PA now owns 1,322,300 shares of the software maker’s stock valued at $128,263,000 after purchasing an additional 41,800 shares during the period. Finally, Renaissance Technologies LLC bought a new position in Workday in the 2nd quarter valued at $117,209,000. 67.74% of the stock is owned by hedge funds and other institutional investors.

WDAY has been the topic of several recent analyst reports. Royal Bank Of Canada reduced their target price on Workday from $105.00 to $96.00 and set an “outperform” rating on the stock in a report on Wednesday, May 24th. Oppenheimer Holdings, Inc. restated an “outperform” rating and issued a $105.00 price target (up from $95.00) on shares of Workday in a report on Monday, May 29th. Citigroup Inc. restated a “sell” rating on shares of Workday in a report on Tuesday, May 30th. Drexel Hamilton restated a “buy” rating and issued a $114.00 price target on shares of Workday in a report on Wednesday, May 31st. Finally, JMP Securities restated an “overweight” rating and issued a $90.00 price target on shares of Workday in a report on Thursday, June 1st. Four investment analysts have rated the stock with a sell rating, twenty-one have assigned a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Workday currently has a consensus rating of “Hold” and an average target price of $98.79.

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 (NYSE:WDAY)

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