Aneel Bhusri Sells 75,000 Shares of Workday Inc (WDAY) Stock

Workday Inc (NASDAQ:WDAY) CEO Aneel Bhusri sold 75,000 shares of the firm’s stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $100.34, for a total transaction of $7,525,500.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Aneel Bhusri also recently made the following trade(s):

  • On Monday, October 16th, Aneel Bhusri sold 11,163 shares of Workday stock. The stock was sold at an average price of $107.51, for a total transaction of $1,200,134.13.

Shares of Workday Inc (NASDAQ:WDAY) traded down $0.46 during mid-day trading on Friday, reaching $101.74. 764,009 shares of the company traded hands, compared to its average volume of 2,389,286. The stock has a market capitalization of $21,257.60, a price-to-earnings ratio of -62.04 and a beta of 1.83. The company has a current ratio of 2.11, a quick ratio of 2.11 and a debt-to-equity ratio of 0.74. Workday Inc has a 12 month low of $65.79 and a 12 month high of $116.89.

Workday (NASDAQ:WDAY) last issued its quarterly earnings data on Wednesday, November 29th. The software maker reported $0.24 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.14 by $0.10. The company had revenue of $555.40 million for the quarter, compared to analyst estimates of $541.05 million. Workday had a negative net margin of 16.91% and a negative return on equity of 19.73%. Workday’s revenue was up 35.6% compared to the same quarter last year. During the same period last year, the company posted $0.03 earnings per share. analysts anticipate that Workday Inc will post -1.1 EPS for the current fiscal year.

Hedge funds have recently modified their holdings of the stock. Renaissance Technologies LLC purchased a new position in Workday in the second quarter worth $117,209,000. Janus Henderson Group PLC grew its holdings in Workday by 6,210.6% in the second quarter. Janus Henderson Group PLC now owns 1,038,153 shares of the software maker’s stock worth $100,701,000 after purchasing an additional 1,021,702 shares during the last quarter. Vanguard Group Inc. grew its holdings in Workday by 8.5% in the second quarter. Vanguard Group Inc. now owns 10,782,861 shares of the software maker’s stock worth $1,045,937,000 after purchasing an additional 846,809 shares during the last quarter. Balyasny Asset Management LLC grew its holdings in Workday by 492.8% in the second quarter. Balyasny Asset Management LLC now owns 383,164 shares of the software maker’s stock worth $37,167,000 after purchasing an additional 318,523 shares during the last quarter. Finally, AO Asset Management LLC purchased a new position in Workday in the second quarter worth $26,306,000. 67.54% of the stock is currently owned by institutional investors.

Several analysts have issued reports on WDAY shares. JPMorgan Chase & Co. reissued a “buy” rating and issued a $120.00 price objective on shares of Workday in a research note on Tuesday, November 28th. Canaccord Genuity reissued a “buy” rating and issued a $125.00 price objective on shares of Workday in a research note on Friday, October 6th. FBN Securities raised shares of Workday from a “sector perform” rating to an “outperform” rating and raised their price objective for the stock from $115.00 to $125.00 in a research note on Wednesday, October 11th. BidaskClub raised shares of Workday from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, November 22nd. Finally, Cowen reissued a “market perform” rating and issued a $100.00 price objective on shares of Workday in a research note on Saturday, October 14th. Four research analysts have rated the stock with a sell rating, twenty-two have issued a hold rating and fourteen have given a buy rating to the stock. Workday currently has a consensus rating of “Hold” and an average target price of $103.03.

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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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