Workday CEO Aneel Bhusri Sells 40,000 Shares (WDAY)
Workday (NASDAQ:WDAY) CEO Aneel Bhusri sold 40,000 shares of the stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $76.66, for a total value of $3,066,400.00. Following the sale, the chief executive officer now directly owns 420,965 shares of the company’s stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
A number of analysts have recently weighed in on WDAY shares. Analysts at JPMorgan Chase & Co. reiterated a “hold” rating on shares of Workday (NASDAQ:WDAY) in a research note to investors on Wednesday. They now have a $70.00 price target on the stock. Separately, analysts at Barclays Capital raised their price target on shares of Workday (NASDAQ:WDAY) from $58.00 to $73.00 in a research note to investors on Wednesday. They now have an “equal weight” rating on the stock. Finally, analysts at Wedbush reiterated a “buy” rating on shares of Workday (NASDAQ:WDAY) in a research note to investors on Wednesday. They now have a $86.00 price target on the stock.
Seventeen investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Workday presently has a consensus rating of “Hold” and an average target price of $74.26.
Shares of Workday (NASDAQ:WDAY) traded up 1.17% during mid-day trading on Wednesday, hitting $77.93. 1,223,694 shares of the company’s stock traded hands. Workday has a 1-year low of $45.05 and a 1-year high of $78.22. The stock’s 50-day moving average is $72.92 and its 200-day moving average is $65.39. The company’s market cap is $13.511 billion.
Workday (NASDAQ:WDAY) last issued its quarterly earnings data on Tuesday, August 27th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.05. The company had revenue of $107.60 million for the quarter, compared to the consensus estimate of $100.50 million. During the same quarter in the previous year, the company posted ($0.71) earnings per share. The company’s revenue for the quarter was up 71.6% on a year-over-year basis. Analysts expect that Workday will post $-0.63 EPS for the current fiscal year.
Workday, Inc is a provider of enterprise cloud-based applications for human capital management (NASDAQ:WDAY), payroll, financial management, time tracking, procurement and employee expense management.
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