Workday Inc (NASDAQ:WDAY) insider Robynne Sisco sold 6,281 shares of the business’s stock in a transaction dated Monday, October 15th. The stock was sold at an average price of $127.25, for a total value of $799,257.25. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

NASDAQ WDAY traded up $3.06 during trading hours on Wednesday, reaching $137.25. The stock had a trading volume of 2,491,100 shares, compared to its average volume of 1,780,137. The firm has a market cap of $31.68 billion, a P/E ratio of -108.07 and a beta of 2.01. Workday Inc has a 52-week low of $95.35 and a 52-week high of $157.12. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 0.54.

Workday (NASDAQ:WDAY) last issued its earnings results on Tuesday, September 4th. The software maker reported $0.31 EPS for the quarter, beating the Zacks’ consensus estimate of $0.26 by $0.05. The firm had revenue of $671.70 million for the quarter, compared to analyst estimates of $663.38 million. Workday had a negative return on equity of 13.36% and a negative net margin of 13.81%. Workday’s revenue for the quarter was up 27.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.24 earnings per share. As a group, research analysts expect that Workday Inc will post -1.11 earnings per share for the current year.

A number of hedge funds and other institutional investors have recently modified their holdings of WDAY. Dimensional Fund Advisors LP boosted its position in Workday by 0.6% in the first quarter. Dimensional Fund Advisors LP now owns 107,408 shares of the software maker’s stock valued at $13,653,000 after buying an additional 647 shares during the last quarter. Stifel Financial Corp boosted its position in Workday by 250.3% in the 1st quarter. Stifel Financial Corp now owns 10,447 shares of the software maker’s stock worth $1,327,000 after purchasing an additional 7,465 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in Workday by 25.0% in the 1st quarter. Commonwealth Equity Services LLC now owns 14,164 shares of the software maker’s stock worth $1,800,000 after purchasing an additional 2,829 shares in the last quarter. A.R.T. Advisors LLC purchased a new stake in Workday in the 1st quarter worth approximately $1,843,000. Finally, United Capital Financial Advisers LLC purchased a new stake in Workday in the 1st quarter worth approximately $1,391,000. Hedge funds and other institutional investors own 67.50% of the company’s stock.

A number of equities research analysts have recently weighed in on the company. Sanford C. Bernstein upgraded Workday from a “market perform” rating to an “outperform” rating and set a $165.00 price target on the stock in a research note on Wednesday. BidaskClub lowered Workday from a “buy” rating to a “hold” rating in a research note on Thursday, October 11th. ValuEngine upgraded Workday from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, October 2nd. Barclays restated a “hold” rating and set a $150.00 price target on shares of Workday in a research note on Thursday, September 6th. Finally, Deutsche Bank boosted their price target on Workday from $115.00 to $140.00 and gave the stock a “hold” rating in a research note on Wednesday, September 5th. One research analyst has rated the stock with a sell rating, fourteen have given a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $147.14.

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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