Insider Selling: Workday Inc (WDAY) COO Sells $663,750.75 in Stock

Workday Inc (NYSE:WDAY) COO James Bozzini sold 6,175 shares of the company’s stock in a transaction on Monday, October 16th. The shares were sold at an average price of $107.49, for a total value of $663,750.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

James Bozzini also recently made the following trade(s):

  • On Wednesday, September 27th, James Bozzini sold 13,700 shares of Workday stock. The shares were sold at an average price of $99.99, for a total value of $1,369,863.00.
  • On Tuesday, August 15th, James Bozzini sold 3,918 shares of Workday stock. The shares were sold at an average price of $101.68, for a total value of $398,382.24.

Shares of Workday Inc (WDAY) opened at 108.56 on Friday. The company’s 50-day moving average price is $106.31 and its 200-day moving average price is $99.37. Workday Inc has a one year low of $65.79 and a one year high of $111.45. The stock’s market cap is $22.58 billion.

Workday (NYSE:WDAY) last released its quarterly earnings results on Wednesday, August 30th. The software maker reported $0.24 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.15 by $0.09. Workday had a negative return on equity of 24.60% and a negative net margin of 15.71%. The business had revenue of $525.30 million during the quarter, compared to analyst estimates of $507.44 million. During the same quarter in the previous year, the company posted ($0.04) earnings per share. Workday’s revenue for the quarter was up 40.6% on a year-over-year basis. Equities research analysts anticipate that Workday Inc will post $0.83 earnings per share for the current year.

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A number of brokerages have issued reports on WDAY. Cowen and Company restated a “market perform” rating and issued a $100.00 price objective (up previously from $93.00) on shares of Workday in a research note on Thursday, August 31st. Mitsubishi UFJ Financial Group restated a “buy” rating and issued a $116.00 price objective (up previously from $106.00) on shares of Workday in a research note on Thursday, August 31st. Wedbush restated a “neutral” rating and issued a $104.00 price objective on shares of Workday in a research note on Thursday, August 31st. Jefferies Group LLC restated a “hold” rating and issued a $92.00 price objective on shares of Workday in a research note on Tuesday, August 29th. Finally, Goldman Sachs Group, Inc. (The) restated a “neutral” rating and issued a $114.00 price objective (up previously from $101.00) on shares of Workday in a research note on Thursday, August 31st. Four investment analysts have rated the stock with a sell rating, twenty-one have given a hold rating and sixteen have assigned a buy rating to the company. Workday has an average rating of “Hold” and a consensus target price of $100.00.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Winfield Associates Inc. boosted its stake in shares of Workday by 136.4% in the second quarter. Winfield Associates Inc. now owns 1,040 shares of the software maker’s stock worth $101,000 after acquiring an additional 600 shares during the period. Sumitomo Mitsui Asset Management Company LTD boosted its stake in shares of Workday by 47.0% in the second quarter. Sumitomo Mitsui Asset Management Company LTD now owns 573,715 shares of the software maker’s stock worth $55,650,000 after acquiring an additional 183,444 shares during the period. First Trust Advisors LP boosted its stake in shares of Workday by 338.4% in the second quarter. First Trust Advisors LP now owns 64,106 shares of the software maker’s stock worth $6,218,000 after acquiring an additional 49,483 shares during the period. Janus Henderson Group PLC boosted its stake in shares of 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 worth $100,701,000 after acquiring an additional 1,021,702 shares during the period. Finally, Prudential Financial Inc. boosted its stake in shares of Workday by 18.2% in the first quarter. Prudential Financial Inc. now owns 4,030 shares of the software maker’s stock worth $336,000 after acquiring an additional 620 shares during the period. 67.08% of the stock is owned by hedge funds and other institutional investors.

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.

Insider Buying and Selling by Quarter for Workday (NYSE:WDAY)

Insider Buying and Selling by Quarter for Workday (NYSE:WDAY)

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