Fisher Asset Management LLC raised its position in shares of Workday, Inc. (NYSE:WDAY) by 0.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,620 shares of the software maker’s stock after buying an additional 45 shares during the period. Fisher Asset Management LLC’s holdings in Workday were worth $836,000 as of its most recent filing with the SEC.
A number of other institutional investors have also bought and sold shares of WDAY. Toronto Dominion Bank raised its position in shares of Workday by 29.5% in the first quarter. Toronto Dominion Bank now owns 1,335 shares of the software maker’s stock worth $111,000 after buying an additional 304 shares in the last quarter. State of Alaska Department of Revenue bought a new stake in shares of Workday during the first quarter worth approximately $124,000. Harbour Capital Advisors LLC bought a new stake in shares of Workday during the first quarter worth approximately $152,000. FNY Managed Accounts LLC bought a new stake in shares of Workday during the first quarter worth approximately $155,000. Finally, Mutual of America Capital Management LLC increased its stake in shares of Workday by 19.9% in the first quarter. Mutual of America Capital Management LLC now owns 1,950 shares of the software maker’s stock worth $162,000 after buying an additional 324 shares during the last quarter.
Workday, Inc. (NYSE WDAY) opened at 99.38 on Friday. The stock’s market capitalization is $20.57 billion. Workday, Inc. has a 12-month low of $65.79 and a 12-month high of $106.75. The company has a 50-day moving average price of $100.83 and a 200-day moving average price of $91.97.
Workday (NYSE:WDAY) last announced its quarterly earnings results on Thursday, June 1st. The software maker reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.13. Workday had a negative return on equity of 27.75% and a negative net margin of 22.99%. The firm had revenue of $479.90 million during the quarter, compared to the consensus estimate of $468.07 million. During the same period in the prior year, the firm earned $0.05 EPS. The firm’s quarterly revenue was up 38.0% compared to the same quarter last year. On average, equities research analysts forecast that Workday, Inc. will post $0.65 earnings per share for the current year.
A number of analysts have recently commented on WDAY shares. William Blair upped their target price on Workday to $40.00 and gave the stock an “outperform” rating in a research note on Friday, April 14th. Vetr downgraded Workday from a “buy” rating to a “hold” rating and set a $88.50 target price on the stock. in a research note on Thursday, April 20th. Credit Suisse Group assumed coverage on Workday in a research note on Thursday, April 27th. They issued a “neutral” rating and a $91.00 target price on the stock. Benchmark Co. assumed coverage on Workday in a research report on Thursday, April 27th. They set a “hold” rating on the stock. Finally, Royal Bank Of Canada lowered their price target on Workday from $105.00 to $96.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 24th. Four investment analysts have rated the stock with a sell rating, twenty-two have issued a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company. Workday currently has an average rating of “Hold” and a consensus price target of $92.37.
In other Workday news, CEO Aneel Bhusri sold 8,424 shares of the company’s stock in a transaction dated Monday, May 15th. The shares were sold at an average price of $94.46, for a total value of $795,731.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Michael A. Stankey sold 6,249 shares of the company’s stock in a transaction dated Monday, May 15th. The shares were sold at an average price of $94.51, for a total transaction of $590,592.99. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,284,581 shares of company stock valued at $127,908,387. 37.71% of the stock is owned by insiders.
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.
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