Workday Inc (NASDAQ:WDAY) insider Mark S. Peek sold 17,916 shares of the company’s stock in a transaction that occurred on Wednesday, January 17th. The stock was sold at an average price of $112.02, for a total value of $2,006,950.32. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Workday Inc (NASDAQ:WDAY) traded up $1.99 on Friday, hitting $112.96. The stock had a trading volume of 1,755,649 shares, compared to its average volume of 1,560,000. The company has a quick ratio of 2.11, a current ratio of 2.11 and a debt-to-equity ratio of 0.74. The company has a market cap of $23,500.00, a P/E ratio of -78.44 and a beta of 2.01. Workday Inc has a fifty-two week low of $80.61 and a fifty-two week high of $121.98.
Workday (NASDAQ:WDAY) last issued its quarterly earnings data on Wednesday, November 29th. The software maker reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.10. The firm had revenue of $555.40 million during 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 firm’s quarterly revenue was up 35.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.03 EPS. equities analysts forecast that Workday Inc will post -1.1 EPS for the current fiscal year.
Several research firms recently weighed in on WDAY. BidaskClub upgraded Workday from a “hold” rating to a “buy” rating in a report on Wednesday. Northland Securities restated a “hold” rating and set a $90.00 price target on shares of Workday in a report on Sunday, October 29th. Jefferies Group restated a “hold” rating and set a $101.00 price target on shares of Workday in a report on Friday, December 1st. Oppenheimer restated a “buy” rating and set a $117.00 price target on shares of Workday in a report on Thursday, November 30th. Finally, UBS Group set a $95.00 price target on Workday and gave the company a “sell” rating in a report on Thursday, November 30th. Two equities research analysts have rated the stock with a sell rating, twenty have given a hold rating and seventeen have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $106.81.
Several hedge funds and other institutional investors have recently modified their holdings of WDAY. The Manufacturers Life Insurance Company lifted its stake in shares of Workday by 272.4% during the 4th quarter. The Manufacturers Life Insurance Company now owns 3,050,260 shares of the software maker’s stock worth $310,333,000 after purchasing an additional 2,231,255 shares during the last quarter. Renaissance Technologies LLC purchased a new stake in shares of Workday during the 2nd quarter worth $117,209,000. Janus Henderson Group PLC lifted its stake in shares of Workday by 6,210.6% during the 2nd quarter. Janus Henderson Group PLC now owns 1,038,153 shares of the software maker’s stock worth $100,701,000 after purchasing an additional 1,021,702 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Workday by 8.5% during the 2nd quarter. Vanguard Group Inc. now owns 10,782,861 shares of the software maker’s stock worth $1,045,937,000 after purchasing an additional 846,809 shares during the last quarter. Finally, First Trust Advisors LP lifted its stake in shares of Workday by 241.4% during the 4th quarter. First Trust Advisors LP now owns 845,020 shares of the software maker’s stock worth $85,972,000 after purchasing an additional 597,523 shares during the last quarter. Hedge funds and other institutional investors own 66.90% of the company’s stock.
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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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