Paradigm Asset Management Co. LLC bought a new stake in Workday, Inc. (NYSE:WDAY) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,600 shares of the software maker’s stock, valued at approximately $155,000.

Several other large investors have also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in shares of Workday by 6.4% in the first quarter. Vanguard Group Inc. now owns 9,936,052 shares of the software maker’s stock worth $827,474,000 after buying an additional 593,839 shares during the period. State Street Corp boosted its stake in shares of Workday by 10.6% in the first quarter. State Street Corp now owns 2,288,030 shares of the software maker’s stock worth $190,552,000 after buying an additional 219,326 shares during the period. Federated Investors Inc. PA boosted its stake in shares of Workday by 3.3% in the second quarter. Federated Investors Inc. PA now owns 1,322,300 shares of the software maker’s stock worth $128,263,000 after buying an additional 41,800 shares during the period. Blair William & Co. IL boosted its stake in shares of Workday by 5.2% in the second quarter. Blair William & Co. IL now owns 963,882 shares of the software maker’s stock worth $93,497,000 after buying an additional 47,900 shares during the period. Finally, Champlain Investment Partners LLC boosted its stake in shares of Workday by 16.5% in the first quarter. Champlain Investment Partners LLC now owns 804,615 shares of the software maker’s stock worth $67,008,000 after buying an additional 114,030 shares during the period.

Workday, Inc. (WDAY) opened at 104.41 on Wednesday. The stock’s market cap is $21.61 billion. The stock has a 50 day moving average price of $102.15 and a 200 day moving average price of $93.37. Workday, Inc. has a 52-week low of $65.79 and a 52-week high of $106.75.

Workday (NYSE:WDAY) last posted its quarterly earnings results on Thursday, June 1st. The software maker reported $0.29 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.16 by $0.13. The firm had revenue of $479.90 million for the quarter, compared to analyst estimates of $468.07 million. Workday had a negative net margin of 22.99% and a negative return on equity of 27.75%. The firm’s quarterly revenue was up 38.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.05 earnings per share. On average, equities research analysts forecast that Workday, Inc. will post $0.65 EPS for the current year.

ILLEGAL ACTIVITY WARNING: “1,600 Shares in Workday, Inc. (WDAY) Acquired by Paradigm Asset Management Co. LLC” was reported by Watch List News and is the property of of Watch List News. If you are accessing this article on another domain, it was stolen and reposted in violation of United States and international trademark & copyright legislation. The original version of this article can be accessed at https://www.watchlistnews.com/1600-shares-in-workday-inc-wday-acquired-by-paradigm-asset-management-co-llc/1531291.html.

A number of brokerages recently weighed in on WDAY. BMO Capital Markets upped their price objective on Workday from $105.00 to $110.00 and gave the stock a “market perform” rating in a research note on Thursday, August 17th. Wunderlich restated a “hold” rating and set a $96.00 price objective (up from $86.00) on shares of Workday in a research note on Saturday, June 3rd. Cowen and Company restated a “market perform” rating and set a $93.00 price objective (up from $83.00) on shares of Workday in a research note on Saturday, June 3rd. Credit Suisse Group restated a “neutral” rating and set a $94.00 price objective (up from $91.00) on shares of Workday in a research note on Saturday, June 3rd. Finally, Jefferies Group LLC restated a “hold” rating and set a $92.00 price objective (up from $84.00) on shares of Workday in a research note on Saturday, June 3rd. Four analysts have rated the stock with a sell rating, nineteen have assigned a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company. Workday presently has an average rating of “Hold” and a consensus price target of $94.38.

In other Workday news, CFO Robynne Sisco sold 1,043 shares of Workday stock in a transaction that occurred on Monday, June 5th. The shares were sold at an average price of $102.91, for a total value of $107,335.13. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, COO James Bozzini sold 3,918 shares of Workday stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $101.68, for a total transaction of $398,382.24. The disclosure for this sale can be found here. In the last 90 days, insiders sold 1,285,592 shares of company stock worth $128,237,888. 37.71% of the stock is currently owned by company insiders.

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.

Institutional Ownership by Quarter for Workday (NYSE:WDAY)

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