Insider Selling: Workday, Inc. (NASDAQ:WDAY) COO Sells 6,000 Shares of Stock


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Workday, Inc. (NASDAQ:WDAY) COO James Bozzini sold 6,000 shares of the company’s stock in a transaction that occurred on Monday, April 5th. The stock was sold at an average price of $255.09, for a total value of $1,530,540.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

James Bozzini also recently made the following trade(s):

  • On Friday, January 15th, James Bozzini sold 4,498 shares of Workday stock. The stock was sold at an average price of $225.53, for a total value of $1,014,433.94.

WDAY stock opened at $251.93 on Thursday. The firm has a 50-day moving average of $252.78 and a two-hundred day moving average of $235.06. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.62. Workday, Inc. has a one year low of $132.27 and a one year high of $282.77. The firm has a market capitalization of $61.22 billion, a PE ratio of -134.72 and a beta of 1.59.

Workday (NASDAQ:WDAY) last posted its quarterly earnings results on Thursday, February 25th. The software maker reported $0.73 EPS for the quarter, beating the consensus estimate of $0.55 by $0.18. Workday had a negative net margin of 10.77% and a negative return on equity of 10.56%. The business had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.11 billion. During the same period in the previous year, the company posted $0.50 EPS. On average, equities research analysts anticipate that Workday, Inc. will post -0.71 earnings per share for the current year.

A number of research firms have weighed in on WDAY. Canaccord Genuity upped their price target on Workday from $265.00 to $300.00 and gave the stock a “buy” rating in a report on Tuesday, March 23rd. Jefferies Financial Group upped their price target on Workday from $280.00 to $325.00 and gave the company a “buy” rating in a research report on Tuesday, March 2nd. Evercore ISI upped their price target on Workday from $290.00 to $320.00 and gave the company an “outperform” rating in a research report on Friday, February 19th. Credit Suisse Group began coverage on Workday in a research report on Tuesday, March 16th. They set a “neutral” rating and a $235.00 price target on the stock. Finally, Bank of America began coverage on Workday in a research report on Wednesday, December 16th. They set a “buy” rating and a $265.00 price target on the stock. One analyst has rated the stock with a sell rating, nine have given a hold rating and nineteen have assigned a buy rating to the company’s stock. Workday has an average rating of “Buy” and an average target price of $263.22.

Large investors have recently modified their holdings of the stock. Bainco International Investors bought a new stake in Workday in the fourth quarter worth $27,000. Birchcreek Wealth Management LLC bought a new stake in Workday in the fourth quarter worth $29,000. Catalyst Capital Advisors LLC bought a new stake in Workday in the fourth quarter worth $30,000. Childress Capital Advisors LLC acquired a new position in Workday during the 4th quarter worth $30,000. Finally, Jackson Grant Investment Advisers Inc. acquired a new position in Workday during the 4th quarter worth $42,000. Hedge funds and other institutional investors own 67.98% of the company’s stock.

Workday Company Profile

Workday, Inc provides enterprise cloud applications worldwide. Its applications help its customers to manage critical business functions and optimize their financial and human resources. The company offers a suite of financial management applications, which enable chief financial officers to maintain accounting information in the general ledger; manage financial processes; identify real-time financial, operational, and management insights; enhance financial consolidation; reduce time-to-close; promote internal control and auditability; and achieve consistency across finance operations.

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

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