Workday, Inc. (NYSE:WDAY) insider Philip W. Wilmington sold 5,148 shares of the company’s stock in a transaction that occurred on Monday, July 17th. The stock was sold at an average price of $102.77, for a total value of $529,059.96. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Philip W. Wilmington also recently made the following trade(s):
- On Thursday, June 15th, Philip W. Wilmington sold 19,059 shares of Workday stock. The stock was sold at an average price of $98.03, for a total value of $1,868,353.77.
Workday, Inc. (NYSE:WDAY) opened at 102.37 on Tuesday. Workday, Inc. has a 1-year low of $65.79 and a 1-year high of $106.75. The stock’s market cap is $21.19 billion. The firm’s 50 day moving average price is $100.81 and its 200-day moving average price is $92.22.
Workday (NYSE:WDAY) last posted its quarterly earnings results on Thursday, June 1st. The software maker reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.13. The firm had revenue of $479.90 million during the quarter, compared to analysts’ expectations of $468.07 million. Workday had a negative net margin of 22.99% and a negative return on equity of 27.75%. The firm’s revenue for the quarter was up 38.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.05 earnings per share. On average, equities analysts anticipate that Workday, Inc. will post $0.65 earnings per share for the current year.
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Several hedge funds have recently added to or reduced their stakes in WDAY. Janus Henderson Group PLC raised its stake in Workday by 6,210.6% in the second quarter. Janus Henderson Group PLC now owns 1,038,153 shares of the software maker’s stock valued at $100,701,000 after buying an additional 1,021,702 shares in the last quarter. Tudor Investment Corp ET AL raised its position in shares of Workday by 158.8% in the second quarter. Tudor Investment Corp ET AL now owns 6,728 shares of the software maker’s stock worth $653,000 after buying an additional 4,128 shares during the period. HighTower Advisors LLC raised its position in shares of Workday by 16.1% in the second quarter. HighTower Advisors LLC now owns 10,613 shares of the software maker’s stock worth $1,026,000 after buying an additional 1,469 shares during the period. Tybourne Capital Management HK Ltd. raised its position in shares of Workday by 2.2% in the second quarter. Tybourne Capital Management HK Ltd. now owns 2,935,961 shares of the software maker’s stock worth $284,788,000 after buying an additional 62,419 shares during the period. Finally, PDT Partners LLC raised its position in shares of Workday by 41.2% in the second quarter. PDT Partners LLC now owns 100,800 shares of the software maker’s stock worth $9,778,000 after buying an additional 29,400 shares during the period.
A number of equities analysts have recently weighed in on WDAY shares. Vetr raised Workday from a “hold” rating to a “buy” rating and set a $93.50 target price on the stock in a research report on Monday, May 1st. Canaccord Genuity reissued a “buy” rating and issued a $115.00 price target on shares of Workday in a research report on Friday, July 7th. Deutsche Bank AG reissued a “hold” rating and issued a $95.00 price target (up from $85.00) on shares of Workday in a research report on Saturday, June 3rd. Wedbush increased their price target on Workday from $96.00 to $101.00 and gave the company a “neutral” rating in a research report on Friday, June 2nd. Finally, Jefferies Group LLC reissued a “hold” rating and issued a $92.00 price target (up from $84.00) on shares of Workday in a research report on Saturday, June 3rd. Four analysts have rated the stock with a sell rating, twenty-two have assigned a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Hold” and an average price target of $92.37.
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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