Workday, Inc. (NYSE:WDAY) SVP James P. Shaughnessy sold 6,000 shares of Workday stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of $104.88, for a total transaction of $629,280.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
James P. Shaughnessy also recently made the following trade(s):
- On Tuesday, August 15th, James P. Shaughnessy sold 1,959 shares of Workday stock. The shares were sold at an average price of $101.71, for a total transaction of $199,249.89.
- On Monday, July 17th, James P. Shaughnessy sold 8,760 shares of Workday stock. The shares were sold at an average price of $103.62, for a total transaction of $907,711.20.
Workday, Inc. (NYSE:WDAY) opened at 105.00 on Thursday. The company has a 50-day moving average of $104.37 and a 200 day moving average of $95.86. Workday, Inc. has a one year low of $65.79 and a one year high of $111.45. The company’s market cap is $21.84 billion.
Workday (NYSE:WDAY) last released its quarterly earnings results on Wednesday, August 30th. The software maker reported $0.24 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.15 by $0.09. The company had revenue of $525.30 million for the quarter, compared to analyst estimates of $507.44 million. Workday had a negative net margin of 19.78% and a negative return on equity of 24.07%. The firm’s revenue was up 40.6% on a year-over-year basis. During the same quarter last year, the business earned ($0.04) earnings per share. Analysts anticipate that Workday, Inc. will post $0.83 earnings per share for the current year.
Several equities analysts have recently issued reports on WDAY shares. JMP Securities reiterated an “overweight” rating and set a $90.00 target price on shares of Workday in a report on Thursday, June 1st. Mitsubishi UFJ Financial Group set a $106.00 target price on shares of Workday and gave the company a “buy” rating in a report on Saturday, June 3rd. Wunderlich reiterated a “hold” rating and set a $96.00 target price (up from $86.00) on shares of Workday in a report on Saturday, June 3rd. Morgan Stanley reiterated an “equal weight” rating and set a $100.00 target price (up from $91.00) on shares of Workday in a report on Saturday, June 3rd. Finally, Royal Bank Of Canada lifted their target price on shares of Workday from $105.00 to $106.00 and gave the company an “outperform” rating in a report on Friday, June 2nd. Four analysts have rated the stock with a sell rating, twenty-one have issued a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $98.79.
A number of hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its position in Workday by 8.5% during the second quarter. Vanguard Group Inc. now owns 10,782,861 shares of the software maker’s stock valued at $1,045,937,000 after buying an additional 846,809 shares during the period. Tybourne Capital Management HK Ltd. grew its position in Workday by 2.2% during the second quarter. Tybourne Capital Management HK Ltd. now owns 2,935,961 shares of the software maker’s stock valued at $284,788,000 after buying an additional 62,419 shares during the period. State Street Corp grew its position in Workday by 10.6% during the first quarter. State Street Corp now owns 2,288,030 shares of the software maker’s stock valued at $190,552,000 after buying an additional 219,326 shares during the period. Federated Investors Inc. PA grew its position in Workday by 3.3% during the second quarter. Federated Investors Inc. PA now owns 1,322,300 shares of the software maker’s stock valued at $128,263,000 after buying an additional 41,800 shares during the period. Finally, Renaissance Technologies LLC acquired a new stake in Workday during the second quarter valued at $117,209,000. Institutional investors own 67.08% of the company’s stock.
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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