Workday Director Christa Davies Sells 1,970 Shares (WDAY)
Workday (NASDAQ:WDAY) Director Christa Davies sold 1,970 shares of the stock on the open market in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $88.28, for a total value of $173,911.60. Following the completion of the sale, the director now directly owns 78,152 shares in the company, valued at approximately $6,899,259. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
A number of analysts have recently weighed in on WDAY shares. Analysts at BMO Capital Markets raised their price target on shares of Workday from $83.00 to $100.00 in a research note on Thursday, August 28th. Separately, analysts at Wedbush raised their price target on shares of Workday from $96.00 to $106.00 in a research note on Thursday, August 28th. Finally, analysts at Barclays raised their price target on shares of Workday from $83.00 to $89.00 in a research note on Thursday, August 28th. They now have an “equal weight” rating on the stock. Twelve equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $98.84.
Shares of Workday (NASDAQ:WDAY) traded down 1.50% on Wednesday, hitting $88.60. The stock had a trading volume of 1,311,467 shares. Workday has a 52 week low of $64.21 and a 52 week high of $116.47. The stock has a 50-day moving average of $84.7 and a 200-day moving average of $85.39. The company’s market cap is $16.331 billion.
Workday (NASDAQ:WDAY) last released its earnings data on Wednesday, August 27th. The company reported ($0.11) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.14) by $0.03. The company had revenue of $186.80 million for the quarter, compared to the consensus estimate of $177.31 million. During the same quarter in the previous year, the company posted ($0.13) earnings per share. The company’s revenue for the quarter was up 73.6% on a year-over-year basis. Analysts expect that Workday will post $-0.42 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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