Workday Inc (WDAY) Director David A. Duffield Sells 2,762 Shares of Stock

Workday Inc (NASDAQ:WDAY) Director David A. Duffield sold 2,762 shares of the business’s stock in a transaction dated Tuesday, January 16th. The shares were sold at an average price of $110.98, for a total transaction of $306,526.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Workday Inc (NASDAQ WDAY) traded up $1.02 on Friday, hitting $113.28. 1,198,300 shares of the company were exchanged, compared to its average volume of 1,729,983. The company has a debt-to-equity ratio of 0.74, a quick ratio of 2.11 and a current ratio of 2.11. The company has a market capitalization of $23,610.00, a P/E ratio of -78.67 and a beta of 1.83. Workday Inc has a twelve month low of $80.61 and a twelve month high of $116.89.

Workday (NASDAQ:WDAY) last posted its quarterly earnings results on Wednesday, November 29th. The software maker reported $0.24 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.14 by $0.10. The business had revenue of $555.40 million during the quarter, compared to the consensus estimate of $541.05 million. Workday had a negative net margin of 16.91% and a negative return on equity of 19.73%. Workday’s revenue for the quarter was up 35.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.03 earnings per share. equities analysts anticipate that Workday Inc will post -1.1 earnings per share for the current fiscal year.

A number of research firms have commented on WDAY. Guggenheim restated a “hold” rating and issued a $106.00 price target on shares of Workday in a research report on Thursday, January 11th. Wedbush restated a “neutral” rating and issued a $104.00 price target (down from $106.00) on shares of Workday in a research report on Thursday, November 30th. Northland Securities restated a “hold” rating and issued a $90.00 price target on shares of Workday in a research report on Sunday, October 29th. Drexel Hamilton restated a “buy” rating and issued a $133.00 price target on shares of Workday in a research report on Wednesday, November 29th. Finally, Stifel Nicolaus boosted their price target on shares of Workday from $92.00 to $98.00 and gave the company a “hold” rating in a research report on Thursday, November 30th. Two investment analysts have rated the stock with a sell rating, twenty have assigned a hold rating and sixteen have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $106.81.

Several institutional investors and hedge funds have recently bought and sold shares of the stock. State of Alaska Department of Revenue raised its stake in shares of Workday by 555.3% during the fourth quarter. State of Alaska Department of Revenue now owns 13,559 shares of the software maker’s stock worth $1,378,000 after buying an additional 11,490 shares during the last quarter. Westpac Banking Corp raised its stake in shares of Workday by 108.0% during the fourth quarter. Westpac Banking Corp now owns 137,277 shares of the software maker’s stock worth $13,967,000 after buying an additional 71,266 shares during the last quarter. Schwab Charles Investment Management Inc. raised its stake in shares of Workday by 8.4% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 250,709 shares of the software maker’s stock worth $25,508,000 after buying an additional 19,446 shares during the last quarter. Gulf International Bank UK Ltd raised its stake in shares of Workday by 6.5% during the fourth quarter. Gulf International Bank UK Ltd now owns 42,490 shares of the software maker’s stock worth $4,322,000 after buying an additional 2,600 shares during the last quarter. Finally, Gateway Investment Advisers LLC raised its stake in shares of Workday by 7.1% during the fourth quarter. Gateway Investment Advisers LLC now owns 65,271 shares of the software maker’s stock worth $6,641,000 after buying an additional 4,313 shares during the last quarter. 66.90% of the stock is owned by institutional investors and hedge funds.

COPYRIGHT VIOLATION NOTICE: This piece of content was first reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this piece of content on another publication, it was stolen and reposted in violation of US and international trademark and copyright legislation. The correct version of this piece of content can be viewed at https://ledgergazette.com/2018/01/19/workday-inc-wday-director-david-a-duffield-sells-2762-shares-of-stock.html.

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.

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

Receive News & Ratings for Workday Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Workday and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply