Workday, Inc. (WDAY) Position Boosted by First Personal Financial Services

First Personal Financial Services raised its stake in shares of Workday, Inc. (NYSE:WDAY) by 21.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,057 shares of the software maker’s stock after buying an additional 185 shares during the period. First Personal Financial Services’ holdings in Workday were worth $103,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Aspiriant LLC purchased a new position in shares of Workday during the second quarter valued at $204,000. Comerica Bank raised its position in shares of Workday by 19.3% in the second quarter. Comerica Bank now owns 6,208 shares of the software maker’s stock valued at $643,000 after buying an additional 1,003 shares during the last quarter. Legal & General Group Plc raised its position in shares of Workday by 8.0% in the second quarter. Legal & General Group Plc now owns 539,377 shares of the software maker’s stock valued at $52,320,000 after buying an additional 40,147 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of Workday by 8.0% in the second quarter. Bank of New York Mellon Corp now owns 512,991 shares of the software maker’s stock valued at $49,761,000 after buying an additional 37,845 shares during the last quarter. Finally, SG Americas Securities LLC raised its position in shares of Workday by 99.0% in the second quarter. SG Americas Securities LLC now owns 29,741 shares of the software maker’s stock valued at $2,885,000 after buying an additional 14,793 shares during the last quarter.

Workday, Inc. (WDAY) opened at 101.40 on Monday. Workday, Inc. has a one year low of $65.79 and a one year high of $106.75. The firm’s market capitalization is $20.99 billion. The stock has a 50 day moving average price of $101.28 and a 200-day moving average price of $92.65.

Workday (NYSE:WDAY) last released its earnings results on Thursday, June 1st. The software maker reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.13. Workday had a negative return on equity of 27.75% and a negative net margin of 22.99%. The firm 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 company’s quarterly revenue was up 38.0% on a year-over-year basis. On average, equities analysts forecast that Workday, Inc. will post $0.66 earnings per share for the current year.

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Several brokerages have weighed in on WDAY. Benchmark Co. began coverage on Workday in a research report on Thursday, April 27th. They issued a “hold” rating on the stock. Deutsche Bank AG reaffirmed a “hold” rating and issued a $95.00 target price (up from $85.00) on shares of Workday in a research report on Saturday, June 3rd. Credit Suisse Group reaffirmed a “neutral” rating and issued a $94.00 target price (up from $91.00) on shares of Workday in a research report on Saturday, June 3rd. J P Morgan Chase & Co upped their target price on Workday to $115.00 and gave the stock an “overweight” rating in a research report on Thursday, July 13th. Finally, BMO Capital Markets upped their target price on Workday from $105.00 to $110.00 and gave the stock a “market perform” rating in a research report on Thursday. Four research analysts have rated the stock with a sell rating, twenty-two have assigned a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $92.77.

In other Workday news, CFO Robynne Sisco sold 1,043 shares of the company’s stock in a transaction on Monday, June 5th. The stock was sold at an average price of $102.91, for a total transaction of $107,335.13. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Aneel Bhusri sold 8,816 shares of the company’s stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $101.65, for a total value of $896,146.40. The disclosure for this sale can be found here. Insiders have sold 1,285,592 shares of company stock valued at $128,237,888 over the last 90 days. Corporate insiders own 37.71% of the company’s stock.

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.