Workday, Inc. (NYSE:WDAY) Director Michael A. Stankey sold 6,542 shares of the stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of $101.67, for a total transaction of $665,125.14. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Michael A. Stankey also recently made the following trade(s):
- On Thursday, June 22nd, Michael A. Stankey sold 25,000 shares of Workday stock. The stock was sold at an average price of $102.12, for a total transaction of $2,553,000.00.
- On Tuesday, June 6th, Michael A. Stankey sold 25,000 shares of Workday stock. The stock was sold at an average price of $103.05, for a total transaction of $2,576,250.00.
Workday, Inc. (NYSE WDAY) opened at 101.40 on Friday. Workday, Inc. has a 1-year low of $65.79 and a 1-year high of $106.75. The stock’s market capitalization is $20.99 billion. The company has a 50-day moving average of $101.28 and a 200-day moving average of $92.65.
Workday (NYSE:WDAY) last announced its earnings results on Thursday, June 1st. The software maker reported $0.29 EPS for the quarter, beating the Zacks’ consensus estimate of $0.16 by $0.13. Workday had a negative net margin of 22.99% and a negative return on equity of 27.75%. The business had revenue of $479.90 million during the quarter, compared to analysts’ expectations of $468.07 million. During the same period in the prior year, the company earned $0.05 earnings per share. The firm’s revenue was up 38.0% on a year-over-year basis. Analysts anticipate that Workday, Inc. will post $0.66 earnings per share for the current fiscal year.
COPYRIGHT VIOLATION NOTICE: This piece was originally posted by StockNewsTimes and is the property of of StockNewsTimes. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of US and international copyright & trademark legislation. The correct version of this piece can be read at https://stocknewstimes.com/2017/08/19/michael-a-stankey-sells-6542-shares-of-workday-inc-wday-stock.html.
A number of equities analysts have recently issued reports on WDAY shares. Vetr raised shares of Workday from a “hold” rating to a “buy” rating and set a $93.50 price objective on the stock in a research report on Monday, May 1st. Canaccord Genuity reissued a “buy” rating and set a $115.00 price objective on shares of Workday in a research report on Friday, July 7th. Deutsche Bank AG reissued a “hold” rating and set a $95.00 price objective (up previously from $85.00) on shares of Workday in a research report on Saturday, June 3rd. Wedbush increased their price objective on shares of Workday from $96.00 to $101.00 and gave the stock a “neutral” rating in a research report on Friday, June 2nd. Finally, Jefferies Group LLC reissued a “hold” rating and set a $92.00 price objective (up previously from $84.00) on shares of Workday in a research report on Saturday, June 3rd. Four research analysts have rated the stock with a sell rating, twenty-two have issued a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company’s stock. Workday has an average rating of “Hold” and an average price target of $92.77.
Several hedge funds have recently made changes to their positions in the company. Toronto Dominion Bank boosted its stake 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 buying an additional 201 shares during the period. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Workday during the second quarter worth about $1,273,000. Arcus Capital Partners LLC boosted its stake in shares of Workday by 20.0% in the second quarter. Arcus Capital Partners LLC now owns 3,750 shares of the software maker’s stock worth $364,000 after buying an additional 625 shares during the period. California State Teachers Retirement System boosted its stake in shares of Workday by 3.7% in the second quarter. California State Teachers Retirement System now owns 240,307 shares of the software maker’s stock worth $23,310,000 after buying an additional 8,545 shares during the period. Finally, Bank of Nova Scotia purchased a new stake in shares of Workday during the second quarter worth about $3,457,000.
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.
Receive News & Ratings for Workday Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Workday Inc. and related companies with MarketBeat.com's FREE daily email newsletter.
