Workday Inc (WDAY) SVP James P. Shaughnessy Sells 6,341 Shares

Workday Inc (NASDAQ:WDAY) SVP James P. Shaughnessy sold 6,341 shares of Workday stock in a transaction on Wednesday, January 10th. The shares were sold at an average price of $113.41, for a total value of $719,132.81. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

James P. Shaughnessy also recently made the following trade(s):

  • On Friday, December 15th, James P. Shaughnessy sold 6,409 shares of Workday stock. The shares were sold at an average price of $103.47, for a total value of $663,139.23.

Workday Inc (NASDAQ:WDAY) traded down $1.34 on Friday, hitting $112.90. The stock had a trading volume of 1,183,450 shares, compared to its average volume of 2,500,000. The company has a market capitalization of $23,480.00, a PE ratio of -78.40 and a beta of 1.83. Workday Inc has a 1 year low of $78.16 and a 1 year high of $116.89. The company has a debt-to-equity ratio of 0.74, a quick ratio of 2.11 and a current ratio of 2.11.

Workday (NASDAQ:WDAY) last released its earnings results on Wednesday, November 29th. The software maker reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.10. The firm had revenue of $555.40 million for the quarter, compared to analysts’ expectations of $541.05 million. Workday had a negative return on equity of 19.73% and a negative net margin of 16.91%. The company’s quarterly revenue was up 35.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.03 earnings per share. sell-side analysts expect that Workday Inc will post -1.1 EPS for the current year.

Several research firms recently weighed in on WDAY. Guggenheim reiterated a “hold” rating and set a $106.00 target price on shares of Workday in a research report on Thursday. Morgan Stanley upgraded Workday from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $108.00 to $145.00 in a research report on Wednesday. KeyCorp upgraded Workday from a “sector weight” rating to an “overweight” rating and set a $131.00 price objective on the stock in a research report on Thursday, January 4th. BidaskClub downgraded Workday from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, December 5th. Finally, Jefferies Group restated a “hold” rating and issued a $101.00 price objective on shares of Workday in a research report on Friday, December 1st. Four investment analysts have rated the stock with a sell rating, twenty have issued a hold rating and sixteen have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $105.27.

Several hedge funds and other institutional investors have recently made changes to their positions in WDAY. Schwab Charles Investment Management Inc. boosted its holdings in shares of Workday by 18.7% in the second quarter. Schwab Charles Investment Management Inc. now owns 217,703 shares of the software maker’s stock valued at $21,118,000 after purchasing an additional 34,266 shares during the period. Comerica Bank boosted its holdings 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 purchasing an additional 1,003 shares during the period. Prudential Financial Inc. boosted its holdings in shares of Workday by 15.6% in the second quarter. Prudential Financial Inc. now owns 4,660 shares of the software maker’s stock valued at $452,000 after purchasing an additional 630 shares during the period. Principal Financial Group Inc. boosted its holdings in shares of Workday by 177.5% in the second quarter. Principal Financial Group Inc. now owns 20,564 shares of the software maker’s stock valued at $1,995,000 after purchasing an additional 13,154 shares during the period. Finally, Alliancebernstein L.P. boosted its holdings in shares of Workday by 8.5% in the second quarter. Alliancebernstein L.P. now owns 84,868 shares of the software maker’s stock valued at $8,232,000 after purchasing an additional 6,630 shares during the period. Hedge funds and other institutional investors own 66.90% of the company’s stock.

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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 (NASDAQ:WDAY)

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