Here is the rundown on market activity for Workday, Inc. Common Stock (NYSE:WDAY). David A. Duffield, Director reported the sale of 342,431 shares of WDAY stock. The shares sold for $102.33. Duffield now owns $12,789,101 of the stock per the Form 4 SEC filing. Director Michael A. Stankey sold 25,000 shares at a price of $103.27 on Tue the 6th. Stankey now owns $20,999,645 of stock as reported to the SEC.
Director A. George Battle disclosed the sale of 45,000 shares. The shares were sold on June 5th for an average price of $103.24. The Director now owns $0 of the stock according to the SEC filing.
Workday, Inc., launched on March 16, 2012, 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. It operates in the cloud applications segment. 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. Its applications include Workday Financial Management, Workday Human Capital Management (HCM) and Workday Insight Applications. It also provides open, standards-based Web-services application programming interfaces, and pre-built packaged integrations and connectors..
Here are a few additional firms who have increased or decreased their stake in (WDAY). As of quarter end Clearbridge Investments, LLC had bought 37,175 shares growing its position 17.5%. The value in dollars increased from $14,044,000 to $20,792,000 a change of $6,748,000 for the reporting period. Proficio Capital Partners LLC expanded its holdings by buying 76 shares an increase of 107.0% as of 03/31/2017. Proficio Capital Partners LLC claims 147 shares with a value of $15,000. The total value of its holdings increased 200.0%.
As of the end of the quarter Fny Partners Fund Lp had acquired a total of 870 shares growing its stake by 2,900.0%. The value of the investment in (WDAY) went from $2,000 to $74,000 a change of 3,600.0% quarter to quarter. Morgan Stanley reduced its ownership by shedding 125 shares a decrease of 1.3% in the quarter. Morgan Stanley controls 9,311 shares worth $776,000. The value of the position overall is up by 24.4%.
On June 2, 2017 the stock rating was changed to a “Neutral” according to a BTIG Research report a cut from the previous “Buy” rating. On December 5 DA Davidson held the stock rating at “Buy” and raised the price expectation to $93.00 from $70.00.
October 3 investment analysts at Canaccord Genuity held the company rating at “Buy” but moved up the price target from $98.00 to $110.00. September 30 investment analysts at Oppenheimer maintained a stock rating of “Outperform” but raised the price expectation from $70.00 to $100.00.
On September 28 Nomura made no change to the stock rating of “Outperform” and raised the price target from $70.00 to $95.00. On September 28 the company was rated “” by Wedbush which was a boost from the previous “Underperform” rating.
The company is now down by -4.74 percent from yesterday’s close. It is currently trading at $97.97 marginally over $94.24, the stock’s 50 day moving average and which is marginally higher than the 200 day moving average of $83.91. The 50 day moving average was up $3.73 and the 200 day average went up by +16.75%.
As of the last earnings report the EPS was $-2.06 and is expected to be $0.65 for the current year with 203,000,000 shares currently outstanding. Next quarter’s EPS is forecasted to be $0.10 and the next full year EPS is anticipated to be $0.93.