Workday Inc (NASDAQ:WDAY) was the recipient of unusually large options trading on Wednesday. Investors bought 10,314 put options on the stock. This is an increase of approximately 1,221% compared to the average volume of 781 put options.

Workday (WDAY) opened at $100.52 on Friday. Workday has a 52-week low of $65.79 and a 52-week high of $116.89. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.54 and a quick ratio of 1.54.

Workday (NASDAQ:WDAY) last posted its quarterly earnings data on Wednesday, November 29th. The software maker reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.10. Workday had a negative net margin of 19.78% and a negative return on equity of 24.07%. The firm had revenue of $555.40 million for the quarter, compared to analysts’ expectations of $541.05 million. During the same period in the previous year, the company posted $0.03 EPS. The company’s quarterly revenue was up 35.6% compared to the same quarter last year. equities research analysts forecast that Workday will post -1.33 earnings per share for the current year.

Several research analysts have issued reports on the company. Jefferies Group reaffirmed a “hold” rating and issued a $101.00 price target on shares of Workday in a report on Friday. TheStreet raised Workday from a “d+” rating to a “c” rating in a report on Wednesday. UBS set a $95.00 price target on Workday and gave the company a “sell” rating in a report on Thursday. Drexel Hamilton reaffirmed a “buy” rating and issued a $133.00 price target on shares of Workday in a report on Wednesday. Finally, Oppenheimer reaffirmed a “buy” rating and issued a $117.00 price target on shares of Workday in a report on Thursday. Five equities research analysts have rated the stock with a sell rating, twenty-two have assigned a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Workday has an average rating of “Hold” and a consensus price target of $102.73.

In related news, COO James Bozzini sold 13,700 shares of the business’s stock in a transaction that occurred on Wednesday, September 27th. The stock was sold at an average price of $99.99, for a total transaction of $1,369,863.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director David A. Duffield sold 457,386 shares of the business’s stock in a transaction that occurred on Friday, September 8th. The stock was sold at an average price of $109.35, for a total value of $50,015,159.10. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,456,940 shares of company stock worth $157,952,124. 37.71% of the stock is owned by corporate insiders.

Several institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of Workday by 8.5% during the 2nd quarter. Vanguard Group Inc. now owns 10,782,861 shares of the software maker’s stock valued at $1,045,937,000 after acquiring an additional 846,809 shares in the last quarter. Tybourne Capital Management HK Ltd. grew its holdings in shares of Workday by 2.2% during the 2nd quarter. Tybourne Capital Management HK Ltd. now owns 2,935,961 shares of the software maker’s stock valued at $284,788,000 after acquiring an additional 62,419 shares in the last quarter. Federated Investors Inc. PA grew its holdings in shares of Workday by 3.3% during the 2nd quarter. Federated Investors Inc. PA now owns 1,322,300 shares of the software maker’s stock valued at $128,263,000 after acquiring an additional 41,800 shares in the last quarter. Renaissance Technologies LLC purchased a new position in shares of Workday during the 2nd quarter valued at $117,209,000. Finally, Janus Henderson Group PLC grew its holdings in shares of Workday by 0.4% during the 3rd quarter. Janus Henderson Group PLC now owns 1,042,200 shares of the software maker’s stock valued at $109,838,000 after acquiring an additional 4,047 shares in the last quarter. Institutional investors and hedge funds own 67.56% of the company’s stock.

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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. 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.

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