Workday Inc (NASDAQ:WDAY) insider Mark S. Peek sold 17,916 shares of the company’s stock in a transaction dated Wednesday, January 17th. The stock was sold at an average price of $112.02, for a total value of $2,006,950.32. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Workday Inc (WDAY) traded up $1.02 during trading hours on Thursday, reaching $113.28. The company’s stock had a trading volume of 1,198,338 shares, compared to its average volume of 1,729,983. The company has a quick ratio of 2.11, a current ratio of 2.11 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $23,610.00, a price-to-earnings ratio of -78.67 and a beta of 1.83. Workday Inc has a 12-month low of $80.61 and a 12-month high of $116.89.

Workday (NASDAQ:WDAY) last released its quarterly earnings data on Wednesday, November 29th. The software maker reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.10. The firm had revenue of $555.40 million for the quarter, compared to analyst estimates of $541.05 million. Workday had a negative return on equity of 19.73% and a negative net margin of 16.91%. The business’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 earned $0.03 earnings per share. equities research analysts forecast that Workday Inc will post -1.1 earnings per share for the current fiscal year.

Several research firms have recently weighed in on WDAY. Guggenheim reaffirmed a “hold” rating and set a $106.00 price objective on shares of Workday in a research report on Thursday, January 11th. Morgan Stanley raised Workday from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $108.00 to $145.00 in a research report on Wednesday, January 10th. KeyCorp raised Workday from a “sector weight” rating to an “overweight” rating and set a $131.00 price objective for the company in a research report on Thursday, January 4th. BidaskClub cut Workday from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, December 5th. Finally, Jefferies Group reaffirmed a “hold” rating and set a $101.00 price objective on shares of Workday in a research report on Friday, December 1st. Two investment analysts have rated the stock with a sell rating, twenty have issued a hold rating and sixteen have assigned a buy rating to the stock. Workday has a consensus rating of “Hold” and an average price target of $106.81.

Large investors have recently added to or reduced their stakes in the business. Advisor Group Inc. raised its stake in Workday by 22.5% in the second quarter. Advisor Group Inc. now owns 1,283 shares of the software maker’s stock valued at $123,000 after buying an additional 236 shares during the period. FNY Managed Accounts LLC raised its stake in Workday by 607.7% in the third quarter. FNY Managed Accounts LLC now owns 1,380 shares of the software maker’s stock valued at $145,000 after buying an additional 1,185 shares during the period. Toronto Dominion Bank raised its stake in Workday by 15.1% in the second quarter. Toronto Dominion Bank now owns 1,536 shares of the software maker’s stock valued at $149,000 after buying an additional 201 shares during the period. IBM Retirement Fund bought a new stake in Workday in the third quarter valued at approximately $204,000. Finally, BlueSky Wealth Advisors LLC bought a new stake in Workday in the third quarter valued at approximately $206,000. Hedge funds and other institutional investors own 66.90% of the company’s stock.

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About Workday

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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