Workday Inc (NASDAQ:WDAY) insider Mark S. Peek sold 15,000 shares of the stock in a transaction that occurred on Tuesday, January 2nd. The shares were sold at an average price of $100.92, for a total value of $1,513,800.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of Workday Inc (WDAY) traded up $4.08 during midday trading on Thursday, hitting $109.25. The company had a trading volume of 2,774,041 shares, compared to its average volume of 2,380,000. The company has a quick ratio of 2.11, a current ratio of 2.11 and a debt-to-equity ratio of 0.74. Workday Inc has a 52 week low of $68.67 and a 52 week high of $116.89. The company has a market capitalization of $22,720.00, a PE ratio of -75.87 and a beta of 1.83.

Workday (NASDAQ:WDAY) last issued its quarterly earnings results on Wednesday, November 29th. The software maker reported $0.24 EPS for the quarter, topping the Zacks’ consensus estimate of $0.14 by $0.10. Workday had a negative return on equity of 19.73% and a negative net margin of 16.91%. The company had revenue of $555.40 million for the quarter, compared to analysts’ expectations of $541.05 million. During the same quarter last year, the business earned $0.03 earnings per share. Workday’s revenue was up 35.6% on a year-over-year basis. research analysts anticipate that Workday Inc will post -1.1 earnings per share for the current year.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Advisor Group Inc. increased its position in shares of Workday by 22.5% in the second quarter. Advisor Group Inc. now owns 1,283 shares of the software maker’s stock worth $123,000 after purchasing an additional 236 shares during the period. FNY Managed Accounts LLC increased its position in shares of Workday by 607.7% in the third quarter. FNY Managed Accounts LLC now owns 1,380 shares of the software maker’s stock worth $145,000 after purchasing an additional 1,185 shares during the period. Toronto Dominion Bank increased its position in shares of Workday by 15.1% in the second quarter. Toronto Dominion Bank now owns 1,536 shares of the software maker’s stock worth $149,000 after purchasing an additional 201 shares during the period. IBM Retirement Fund bought a new position in shares of Workday in the third quarter worth $204,000. Finally, BlueSky Wealth Advisors LLC bought a new position in shares of Workday in the third quarter worth $206,000. Institutional investors own 67.54% of the company’s stock.

Several equities research analysts have issued reports on the company. KeyCorp raised Workday from a “sector weight” rating to an “overweight” rating and set a $131.00 price target for the company in a report on Thursday. Northland Securities reaffirmed a “hold” rating and set a $90.00 price target on shares of Workday in a report on Sunday, October 29th. Jefferies Group reaffirmed a “hold” rating and set a $101.00 price target on shares of Workday in a report on Friday, December 1st. Wedbush reaffirmed a “neutral” rating and set a $104.00 price target (down previously from $106.00) on shares of Workday in a report on Thursday, November 30th. Finally, Oppenheimer reaffirmed a “buy” rating and set a $117.00 price target on shares of Workday in a report on Thursday, November 30th. Four analysts have rated the stock with a sell rating, twenty-one have issued a hold rating and fifteen have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $103.88.

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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 (NASDAQ:WDAY)

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