Workday Inc (WDAY) Director Michael A. Stankey Sells 78,800 Shares
Workday Inc (NYSE:WDAY) Director Michael A. Stankey sold 78,800 shares of the company’s stock in a transaction that occurred on Friday, March 17th. The shares were sold at an average price of $85.04, for a total transaction of $6,701,152.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Michael A. Stankey also recently made the following trade(s):
- On Tuesday, January 17th, Michael A. Stankey sold 7,002 shares of Workday stock. The stock was sold at an average price of $80.39, for a total transaction of $562,890.78.
- On Friday, December 23rd, Michael A. Stankey sold 78,800 shares of Workday stock. The stock was sold at an average price of $66.83, for a total transaction of $5,266,204.00.
Workday Inc (NYSE:WDAY) traded up 0.64% during midday trading on Monday, reaching $85.50. 861,120 shares of the company traded hands. The firm’s market capitalization is $17.23 billion. The company’s 50-day moving average price is $85.07 and its 200 day moving average price is $82.83. Workday Inc has a 12 month low of $65.79 and a 12 month high of $93.35.
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Workday (NYSE:WDAY) last posted its quarterly earnings results on Monday, February 27th. The company reported $0.07 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.01) by $0.08. Workday had a negative net margin of 26.36% and a negative return on equity of 29.55%. The business had revenue of $436.70 million for the quarter, compared to analysts’ expectations of $430.19 million. During the same period in the prior year, the company posted ($0.01) EPS. The business’s revenue for the quarter was up 35.0% on a year-over-year basis. On average, equities analysts anticipate that Workday Inc will post $0.51 earnings per share for the current year.
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Several institutional investors have recently bought and sold shares of the company. Advisor Group Inc. boosted its position in Workday by 14.9% in the third quarter. Advisor Group Inc. now owns 1,193 shares of the company’s stock worth $109,000 after buying an additional 155 shares during the period. TLP Group LLC boosted its position in Workday by 107.0% in the third quarter. TLP Group LLC now owns 1,414 shares of the company’s stock worth $130,000 after buying an additional 731 shares during the period. Nisa Investment Advisors LLC bought a new position in Workday during the third quarter worth $138,000. Integrated Wealth Counsel LLC bought a new position in Workday during the third quarter worth $138,000. Finally, Stanford Investment Group Inc. boosted its position in Workday by 2,101.0% in the fourth quarter. Stanford Investment Group Inc. now owns 2,201 shares of the company’s stock worth $145,000 after buying an additional 2,101 shares during the period.
A number of research firms have recently weighed in on WDAY. Citigroup Inc lowered shares of Workday from a “neutral” rating to a “sell” rating and increased their price objective for the stock from $73.00 to $77.00 in a research note on Tuesday, February 28th. They noted that the move was a valuation call. Canaccord Genuity increased their price objective on shares of Workday from $90.00 to $105.00 and gave the stock a “buy” rating in a research note on Tuesday, February 28th. Stifel Nicolaus increased their price objective on shares of Workday from $68.00 to $80.00 and gave the stock a “hold” rating in a research note on Tuesday, February 28th. Wunderlich reiterated a “hold” rating and issued a $86.00 price objective (up previously from $78.00) on shares of Workday in a research note on Tuesday, February 28th. Finally, Jefferies Group LLC reiterated a “hold” rating and issued a $84.00 price objective on shares of Workday in a research note on Tuesday, February 28th. Four research analysts have rated the stock with a sell rating, twenty have issued a hold rating and fourteen have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $87.56.
Workday Company Profile
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. It operates in the cloud applications segment.
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