Workday Inc (NASDAQ:WDAY) insider Philip W. Wilmington sold 11,430 shares of Workday stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $102.68, for a total transaction of $1,173,632.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Workday Inc (WDAY) traded down $0.72 during trading hours on Wednesday, hitting $102.93. 1,894,200 shares of the company traded hands, compared to its average volume of 1,682,341. Workday Inc has a twelve month low of $65.79 and a twelve month high of $116.89. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.11 and a quick ratio of 2.11.

Workday (NASDAQ:WDAY) last released its quarterly earnings data on Wednesday, November 29th. The software maker reported $0.24 EPS for the quarter, topping the Zacks’ 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 firm had revenue of $555.40 million during the quarter, compared to analysts’ expectations of $541.05 million. During the same period in the previous year, the business posted $0.03 earnings per share. The company’s revenue for the quarter was up 35.6% compared to the same quarter last year. sell-side analysts anticipate that Workday Inc will post -1.1 EPS for the current year.

A number of hedge funds have recently added to or reduced their stakes in WDAY. Vanguard Group Inc. lifted its stake in Workday by 8.5% in the second quarter. Vanguard Group Inc. now owns 10,782,861 shares of the software maker’s stock valued at $1,045,937,000 after buying an additional 846,809 shares during the period. Tybourne Capital Management HK Ltd. raised its stake in shares of Workday by 2.2% in the second quarter. Tybourne Capital Management HK Ltd. now owns 2,935,961 shares of the software maker’s stock worth $284,788,000 after purchasing an additional 62,419 shares during the last quarter. Federated Investors Inc. PA raised 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 purchasing an additional 41,800 shares during the last quarter. Renaissance Technologies LLC purchased a new position in shares of Workday in the second quarter worth $117,209,000. Finally, Janus Henderson Group PLC raised its stake in shares of Workday by 0.4% in the third quarter. Janus Henderson Group PLC now owns 1,042,200 shares of the software maker’s stock worth $109,838,000 after purchasing an additional 4,047 shares during the last quarter. 67.54% of the stock is owned by hedge funds and other institutional investors.

Several research firms recently commented on WDAY. Cowen reiterated a “market perform” rating and set a $100.00 target price (up from $93.00) on shares of Workday in a research note on Thursday, August 31st. Wedbush reaffirmed a “neutral” rating and set a $104.00 price target on shares of Workday in a research note on Thursday, August 31st. Mitsubishi UFJ Financial Group reaffirmed a “buy” rating and set a $116.00 price target (up from $106.00) on shares of Workday in a research note on Thursday, August 31st. Jefferies Group reaffirmed a “hold” rating and set a $92.00 price target on shares of Workday in a research note on Tuesday, August 29th. Finally, KeyCorp reaffirmed a “hold” rating on shares of Workday in a research note on Thursday, August 31st. Four equities research analysts have rated the stock with a sell rating, twenty-two have issued a hold rating and fourteen have given a buy rating to the company’s stock. Workday presently has an average rating of “Hold” and a consensus price target of $103.03.

TRADEMARK VIOLATION WARNING: This story was originally reported by Watch List News and is the property of of Watch List News. If you are viewing this story on another domain, it was illegally copied and republished in violation of United States and international copyright & trademark law. The legal version of this story can be accessed at https://www.watchlistnews.com/workday-inc-wday-insider-philip-w-wilmington-sells-11430-shares/1774633.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.