Workday Inc (NYSE:WDAY) Director David A. Duffield sold 218,149 shares of the business’s stock in a transaction that occurred on Monday, October 9th. The stock was sold at an average price of $108.69, for a total transaction of $23,710,614.81. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Workday Inc (WDAY) traded up 0.18% during trading on Wednesday, reaching $108.51. 1,895,642 shares of the company’s stock were exchanged. The stock has a 50-day moving average price of $105.68 and a 200 day moving average price of $98.18. Workday Inc has a 52 week low of $65.79 and a 52 week high of $111.45. The firm’s market capitalization is $22.57 billion.

Workday (NYSE:WDAY) last issued its earnings results on Wednesday, August 30th. The software maker reported $0.24 EPS for the quarter, topping the consensus estimate of $0.15 by $0.09. The company had revenue of $525.30 million for the quarter, compared to analyst estimates of $507.44 million. Workday had a negative net margin of 15.71% and a negative return on equity of 24.60%. The business’s revenue was up 40.6% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.04) EPS. Equities research analysts forecast that Workday Inc will post $0.83 earnings per share for the current fiscal year.

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WDAY has been the topic of several recent research reports. Canaccord Genuity reaffirmed a “buy” rating and issued a $125.00 price objective on shares of Workday in a report on Friday, October 6th. BidaskClub downgraded shares of Workday from a “strong-buy” rating to a “buy” rating in a report on Friday, September 22nd. Robert W. Baird reaffirmed a “buy” rating on shares of Workday in a report on Friday, October 6th. Needham & Company LLC reaffirmed a “hold” rating on shares of Workday in a report on Monday, August 28th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and issued a $116.00 price objective on shares of Workday in a report on Sunday, August 27th. Four investment analysts have rated the stock with a sell rating, twenty have assigned a hold rating and seventeen have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $99.85.

Several hedge funds and other institutional investors have recently modified their holdings of the business. Fisher Asset Management LLC boosted its position in shares of Workday by 0.5% during the 2nd quarter. Fisher Asset Management LLC now owns 8,620 shares of the software maker’s stock worth $836,000 after purchasing an additional 45 shares in the last quarter. Nordea Investment Management AB boosted its position in shares of Workday by 2.5% during the 2nd quarter. Nordea Investment Management AB now owns 3,413 shares of the software maker’s stock worth $331,000 after purchasing an additional 83 shares in the last quarter. Global X Management Co. LLC boosted its position in shares of Workday by 9.3% during the 2nd quarter. Global X Management Co. LLC now owns 1,136 shares of the software maker’s stock worth $110,000 after purchasing an additional 97 shares in the last quarter. Gemmer Asset Management LLC boosted its position in shares of Workday by 1.3% during the 2nd quarter. Gemmer Asset Management LLC now owns 8,881 shares of the software maker’s stock worth $861,000 after purchasing an additional 117 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its position in shares of Workday by 2.3% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 5,542 shares of the software maker’s stock worth $538,000 after purchasing an additional 126 shares in the last quarter. Institutional investors own 67.08% of the company’s stock.

About Workday

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. As part of its applications, the Company provides embedded analytics that capture the content and context of everyday business events, facilitating informed decision-making from wherever users are working.

Insider Buying and Selling by Quarter for Workday (NYSE:WDAY)

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