Workday Inc (WDAY) COO Sells $510,400.00 in Stock

Workday Inc (NASDAQ:WDAY) COO James Bozzini sold 5,000 shares of the firm’s stock in a transaction dated Thursday, December 28th. The shares were sold at an average price of $102.08, for a total value of $510,400.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

  • On Friday, December 28th, James Bozzini sold 5,000 shares of Workday stock. The shares were sold at an average price of $102.08, for a total value of $510,400.00.
  • On Monday, October 16th, James Bozzini sold 6,175 shares of Workday stock. The shares were sold at an average price of $107.49, for a total value of $663,750.75.

Shares of Workday Inc (WDAY) opened at $101.74 on Monday. The firm has a market capitalization of $21,260.00, a P/E ratio of -70.65 and a beta of 1.82. Workday Inc has a 1 year low of $65.79 and a 1 year 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 results on Wednesday, November 29th. The software maker reported $0.24 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.14 by $0.10. Workday had a negative return on equity of 19.73% and a negative net margin of 16.91%. The company had revenue of $555.40 million for the quarter, compared to analyst estimates of $541.05 million. During the same period in the previous year, the company posted $0.03 earnings per share. The firm’s revenue was up 35.6% on a year-over-year basis. equities research analysts anticipate that Workday Inc will post -1.1 earnings per share for the current year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio boosted its position in shares of Workday by 46.6% during the third quarter. Public Employees Retirement System of Ohio now owns 84,863 shares of the software maker’s stock valued at $8,944,000 after purchasing an additional 26,967 shares in the last quarter. IFM Investors Pty Ltd bought a new stake in shares of Workday during the third quarter valued at approximately $363,000. California Public Employees Retirement System boosted its position in shares of Workday by 1.7% during the third quarter. California Public Employees Retirement System now owns 221,300 shares of the software maker’s stock valued at $23,323,000 after purchasing an additional 3,800 shares in the last quarter. Cubist Systematic Strategies LLC boosted its position in shares of Workday by 418.4% during the third quarter. Cubist Systematic Strategies LLC now owns 122,840 shares of the software maker’s stock valued at $12,946,000 after purchasing an additional 99,144 shares in the last quarter. Finally, Point72 Asset Management L.P. bought a new stake in shares of Workday during the third quarter valued at approximately $2,276,000. Institutional investors own 67.54% of the company’s stock.

A number of brokerages recently weighed in on WDAY. Credit Suisse Group reissued a “neutral” rating and set a $100.00 price objective (up from $94.00) on shares of Workday in a report on Tuesday, September 5th. Wedbush reissued a “neutral” rating and set a $104.00 price objective (down from $106.00) on shares of Workday in a report on Thursday, November 30th. Northland Securities reissued a “hold” rating and set a $90.00 price objective on shares of Workday in a report on Sunday, October 29th. Drexel Hamilton reissued a “buy” rating and set a $133.00 price objective on shares of Workday in a report on Wednesday, November 29th. Finally, Stifel Nicolaus raised their price objective on Workday from $92.00 to $98.00 and gave the company a “hold” rating in a report on Thursday, November 30th. Four investment analysts have rated the stock with a sell rating, twenty-two have given a hold rating and fourteen have given a buy rating to the stock. Workday currently has a consensus rating of “Hold” and a consensus price target of $103.03.

ILLEGAL ACTIVITY WARNING: This article was first posted by Community Financial News and is the sole property of of Community Financial News. If you are reading this article on another domain, it was stolen and reposted in violation of US and international copyright & trademark law. The legal version of this article can be read at https://www.com-unik.info/2018/01/01/workday-inc-wday-coo-sells-510400-00-in-stock.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)

What are top analysts saying about Workday? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Workday and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit