James P. Shaughnessy Sells 6,341 Shares of Workday Inc (WDAY) Stock

Workday Inc (NASDAQ:WDAY) SVP James P. Shaughnessy sold 6,341 shares of the company’s stock in a transaction on Wednesday, January 10th. The shares were sold at an average price of $113.41, for a total value of $719,132.81. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

James P. Shaughnessy also recently made the following trade(s):

  • On Friday, December 15th, James P. Shaughnessy sold 6,409 shares of Workday stock. The stock was sold at an average price of $103.47, for a total value of $663,139.23.

Shares of Workday Inc (NASDAQ:WDAY) traded down $1.34 during midday trading on Friday, hitting $112.90. 1,183,450 shares of the stock were exchanged, compared to its average volume of 2,500,000. The firm has a market cap of $23,480.00, a P/E ratio of -78.40 and a beta of 1.83. 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 Inc has a fifty-two week low of $78.16 and a fifty-two week high of $116.89.

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

WDAY has been the topic of several analyst reports. Canaccord Genuity reaffirmed a “buy” rating and set a $125.00 price target on shares of Workday in a research report on Friday, October 6th. Robert W. Baird reaffirmed a “buy” rating on shares of Workday in a research report on Friday, October 6th. BidaskClub downgraded Workday from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 22nd. Oppenheimer reaffirmed a “buy” rating and set a $117.00 price target on shares of Workday in a research report on Monday, September 18th. Finally, Piper Jaffray Companies reaffirmed a “buy” rating and set a $125.00 price target on shares of Workday in a research report on Tuesday, October 17th. Four investment analysts have rated the stock with a sell rating, twenty have assigned a hold rating and sixteen have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $105.27.

Several hedge funds and other institutional investors have recently made changes to their positions in WDAY. Renaissance Technologies LLC acquired a new stake in shares of Workday during the 2nd quarter worth approximately $117,209,000. Janus Henderson Group PLC increased its holdings 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 buying an additional 1,021,702 shares during the last quarter. Vanguard Group Inc. increased its holdings 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 buying an additional 846,809 shares during the last quarter. Balyasny Asset Management LLC increased its holdings in shares of Workday by 492.8% during the 2nd quarter. Balyasny Asset Management LLC now owns 383,164 shares of the software maker’s stock worth $37,167,000 after buying an additional 318,523 shares during the last quarter. Finally, AO Asset Management LLC acquired a new stake in shares of Workday during the 2nd quarter worth approximately $26,306,000. Institutional investors and hedge funds own 66.90% of the company’s stock.

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About Workday

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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