Workday Inc (NASDAQ:WDAY) SVP James P. Shaughnessy sold 1,500 shares of the company’s stock in a transaction dated Wednesday, July 10th. The shares were sold at an average price of $219.32, for a total transaction of $328,980.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
James P. Shaughnessy also recently made the following trade(s):
- On Monday, June 10th, James P. Shaughnessy sold 1,500 shares of Workday stock. The shares were sold at an average price of $213.68, for a total transaction of $320,520.00.
- On Monday, April 15th, James P. Shaughnessy sold 4,347 shares of Workday stock. The shares were sold at an average price of $192.97, for a total transaction of $838,840.59.
Shares of WDAY stock traded down $2.13 during trading hours on Friday, reaching $222.17. 1,508,845 shares of the company were exchanged, compared to its average volume of 1,803,246. Workday Inc has a fifty-two week low of $117.72 and a fifty-two week high of $226.83. The business has a fifty day moving average price of $210.25. The firm has a market cap of $51.09 billion, a P/E ratio of -182.11 and a beta of 1.56. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.09 and a current ratio of 1.09.
Workday (NASDAQ:WDAY) last announced its earnings results on Tuesday, May 28th. The software maker reported ($0.26) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.23) by ($0.03). Workday had a negative return on equity of 14.92% and a negative net margin of 15.19%. The company had revenue of $825.10 million for the quarter, compared to analyst estimates of $814.21 million. During the same quarter in the previous year, the company posted $0.33 earnings per share. Workday’s revenue for the quarter was up 33.2% on a year-over-year basis. As a group, sell-side analysts predict that Workday Inc will post -1.06 EPS for the current year.
Hedge funds have recently made changes to their positions in the company. Norges Bank acquired a new position in Workday in the fourth quarter valued at approximately $198,900,000. 1832 Asset Management L.P. increased its stake in Workday by 1,817.2% in the fourth quarter. 1832 Asset Management L.P. now owns 912,600 shares of the software maker’s stock valued at $143,537,000 after purchasing an additional 865,000 shares in the last quarter. American Century Companies Inc. bought a new stake in Workday in the fourth quarter valued at approximately $132,247,000. Jennison Associates LLC increased its stake in Workday by 6.8% in the first quarter. Jennison Associates LLC now owns 8,716,482 shares of the software maker’s stock valued at $1,680,974,000 after purchasing an additional 552,280 shares in the last quarter. Finally, CIBC Private Wealth Group LLC bought a new stake in Workday in the first quarter valued at approximately $59,187,000. Institutional investors own 65.97% of the company’s stock.
A number of analysts recently weighed in on the stock. Wells Fargo & Co upped their target price on shares of American Woodmark from $70.00 to $80.00 and gave the company a “market perform” rating in a research note on Wednesday, May 29th. KeyCorp reaffirmed a “buy” rating and set a $235.00 price objective on shares of Workday in a research note on Wednesday, May 22nd. Stifel Nicolaus upped their price objective on shares of Workday from $175.00 to $195.00 and gave the stock a “hold” rating in a research note on Wednesday, May 29th. Deutsche Bank upped their price objective on shares of Workday from $190.00 to $200.00 and gave the stock a “hold” rating in a research note on Wednesday, May 29th. Finally, Bank of America started coverage on shares of HUYA in a research note on Wednesday, May 29th. They set a “buy” rating and a $26.00 price objective on the stock. Five equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, twenty have given a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $206.32.
Workday, Inc provides enterprise cloud applications worldwide. Its applications help its customers to manage critical business functions and optimize their financial and human capital resources. The company offers Workday Financial Management application that provides functions of general ledger, accounting, accounts payable and receivable, cash and asset management, revenue management, and grants management, as well as project and resource management, time and expense tracking, project billing, revenue recognition, financial reporting, and analytics.
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