Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Workday Inc (NASDAQ:WDAY) by 2.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,955 shares of the software maker’s stock after acquiring an additional 781 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Workday were worth $3,251,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also made changes to their positions in the company. Advisor Group Inc. lifted its position in shares of Workday by 22.5% in the second quarter. Advisor Group Inc. now owns 1,283 shares of the software maker’s stock valued at $123,000 after acquiring an additional 236 shares in the last quarter. FNY Managed Accounts LLC increased its holdings in shares of Workday by 607.7% in the third quarter. FNY Managed Accounts LLC now owns 1,380 shares of the software maker’s stock worth $145,000 after purchasing an additional 1,185 shares during the last quarter. Toronto Dominion Bank increased its holdings in shares of Workday by 15.1% in the second quarter. Toronto Dominion Bank now owns 1,536 shares of the software maker’s stock worth $149,000 after purchasing an additional 201 shares during the last quarter. IBM Retirement Fund bought a new stake in shares of Workday in the third quarter worth about $204,000. Finally, BlueSky Wealth Advisors LLC bought a new stake in shares of Workday in the third quarter worth about $206,000. Institutional investors and hedge funds own 66.90% of the company’s stock.
Workday Inc (NASDAQ:WDAY) opened at $112.96 on Friday. Workday Inc has a 12-month low of $80.61 and a 12-month high of $121.98. The stock has a market capitalization of $23,500.00, a P/E ratio of -78.44 and a beta of 2.01. The company has a debt-to-equity ratio of 0.74, a quick ratio of 2.11 and a current ratio of 2.11.
Several equities research analysts have recently issued reports on WDAY shares. Morgan Stanley raised Workday from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $108.00 to $145.00 in a report on Wednesday, January 10th. Guggenheim started coverage on Workday in a report on Monday, October 30th. They issued a “neutral” rating and a $105.00 target price on the stock. UBS Group reaffirmed a “sell” rating and issued a $95.00 target price (down from $121.00) on shares of Workday in a report on Thursday, November 9th. Robert W. Baird reaffirmed a “buy” rating and issued a $114.00 target price on shares of Workday in a report on Friday, November 10th. Finally, Barclays lifted their target price on Workday from $108.00 to $117.00 and gave the stock an “equal weight” rating in a report on Friday, November 17th. Two equities research analysts have rated the stock with a sell rating, twenty have issued a hold rating and seventeen have given a buy rating to the stock. Workday presently has an average rating of “Hold” and a consensus price target of $106.81.
In related news, Director David A. Duffield sold 482,001 shares of the business’s stock in a transaction that occurred on Thursday, December 7th. The stock was sold at an average price of $103.77, for a total value of $50,017,243.77. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Aneel Bhusri sold 75,000 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $100.34, for a total value of $7,525,500.00. The disclosure for this sale can be found here. Insiders have sold 1,197,306 shares of company stock valued at $126,753,397 in the last 90 days. Company insiders own 37.71% of the company’s stock.
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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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