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Workday (NASDAQ:WDAY) CEO Aneel Bhusri sold 62,500 shares of the company’s stock on the open market in a transaction dated Thursday, June 5th. The shares were sold at an average price of $76.75, for a total value of $4,796,875.00. Following the completion of the transaction, the chief executive officer now directly owns 457,359 shares in the company, valued at approximately $35,102,303. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Shares of Workday (NASDAQ:WDAY) traded up 4.18% on Thursday, hitting $80.01. The stock had a trading volume of 2,333,001 shares. Workday has a 52-week low of $59.87 and a 52-week high of $116.47. The stock has a 50-day moving average of $74.83 and a 200-day moving average of $85.47. The company’s market cap is $14.648 billion.

Workday (NASDAQ:WDAY) last issued its quarterly earnings data on Tuesday, May 27th. The company reported ($0.13) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.15) by $0.02. The company had revenue of $159.70 million for the quarter, compared to the consensus estimate of $152.42 million. During the same quarter in the prior year, the company posted ($0.15) earnings per share. The company’s quarterly revenue was up 74.3% on a year-over-year basis. On average, analysts predict that Workday will post $-0.54 earnings per share for the current fiscal year.

A number of research firms have recently commented on WDAY. Analysts at Wedbush raised their price target on shares of Workday from $86.00 to $96.00 in a research note on Wednesday, May 28th. Separately, analysts at Susquehanna cut their price target on shares of Workday from $110.00 to $100.00 in a research note on Wednesday, May 28th. Finally, analysts at Goldman Sachs raised their price target on shares of Workday from $79.00 to $90.00 in a research note on Wednesday, May 28th. Thirteen research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Workday has an average rating of “Hold” and a consensus target price of $97.50.

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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