Workday Inc (NASDAQ:WDAY) Director David A. Duffield sold 2,762 shares of the firm’s stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $110.98, for a total transaction of $306,526.76. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Shares of Workday Inc (NASDAQ WDAY) traded up $1.02 during mid-day trading on Thursday, reaching $113.28. 1,198,338 shares of the company traded hands, compared to its average volume of 1,729,983. Workday Inc has a 52 week low of $80.61 and a 52 week high of $116.89. 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 stock has a market capitalization of $23,610.00, a PE ratio of -78.67 and a beta of 1.83.

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

A number of hedge funds have recently modified their holdings of the stock. Westpac Banking Corp boosted its holdings in Workday by 108.0% in the fourth quarter. Westpac Banking Corp now owns 137,277 shares of the software maker’s stock worth $13,967,000 after purchasing an additional 71,266 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its holdings in Workday by 8.4% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 250,709 shares of the software maker’s stock worth $25,508,000 after purchasing an additional 19,446 shares during the last quarter. Gulf International Bank UK Ltd boosted its holdings in Workday by 6.5% in the fourth quarter. Gulf International Bank UK Ltd now owns 42,490 shares of the software maker’s stock worth $4,322,000 after purchasing an additional 2,600 shares during the last quarter. Gateway Investment Advisers LLC boosted its holdings in Workday by 7.1% in the fourth quarter. Gateway Investment Advisers LLC now owns 65,271 shares of the software maker’s stock worth $6,641,000 after purchasing an additional 4,313 shares during the last quarter. Finally, National Pension Service boosted its holdings in Workday by 2.0% in the fourth quarter. National Pension Service now owns 147,624 shares of the software maker’s stock worth $15,019,000 after purchasing an additional 2,871 shares during the last quarter. Institutional investors own 66.90% of the company’s stock.

A number of equities analysts have weighed in on WDAY shares. BidaskClub downgraded shares of Workday from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 22nd. Robert W. Baird reaffirmed a “buy” rating on shares of Workday in a research note on Friday, October 6th. Canaccord Genuity reaffirmed a “buy” rating and set a $125.00 target price on shares of Workday in a research note on Friday, October 6th. FBN Securities raised shares of Workday from a “sector perform” rating to an “outperform” rating and raised their target price for the company from $115.00 to $125.00 in a research note on Wednesday, October 11th. Finally, Cowen reaffirmed a “market perform” rating and set a $100.00 target price on shares of Workday in a research note on Saturday, October 14th. Two analysts have rated the stock with a sell rating, twenty have issued a hold rating and sixteen have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $106.81.

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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)

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