Insider Selling: Workday, Inc. (WDAY) Insider Sells $195,806.70 in Stock

Workday, Inc. (NASDAQ:WDAY) insider Gomez Luciano Fernandez sold 1,543 shares of the company’s stock in a transaction on Monday, April 16th. The shares were sold at an average price of $126.90, for a total value of $195,806.70. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Gomez Luciano Fernandez also recently made the following trade(s):

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  • On Thursday, March 15th, Gomez Luciano Fernandez sold 8,068 shares of Workday stock. The shares were sold at an average price of $136.09, for a total value of $1,097,974.12.
  • On Thursday, February 15th, Gomez Luciano Fernandez sold 1,709 shares of Workday stock. The shares were sold at an average price of $124.23, for a total value of $212,309.07.

Shares of NASDAQ WDAY opened at $131.97 on Friday. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.73. The stock has a market cap of $27,839.70, a PE ratio of -103.91 and a beta of 1.80. Workday, Inc. has a 52 week low of $84.28 and a 52 week high of $140.00.

Workday (NASDAQ:WDAY) last issued its quarterly earnings data on Tuesday, February 27th. The software maker reported $0.28 EPS for the quarter, beating the Zacks’ consensus estimate of $0.19 by $0.09. The business had revenue of $582.48 million for the quarter, compared to analyst estimates of $573.41 million. Workday had a negative return on equity of 16.31% and a negative net margin of 14.99%. research analysts expect that Workday, Inc. will post -1.24 earnings per share for the current year.

WDAY has been the subject of several research analyst reports. Monness Crespi & Hardt initiated coverage on Workday in a research note on Wednesday, April 11th. They issued a “buy” rating and a $156.00 price objective for the company. Royal Bank of Canada increased their price objective on Workday to $135.00 and gave the stock an “outperform” rating in a research note on Thursday, February 22nd. Guggenheim reissued a “hold” rating and issued a $106.00 price objective on shares of Workday in a research note on Thursday, January 11th. UBS reissued an “overweight” rating and issued a $135.00 price objective on shares of Workday in a research note on Wednesday, February 28th. Finally, ValuEngine raised Workday from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. One investment analyst has rated the stock with a sell rating, eighteen have given a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $122.78.

Hedge funds and other institutional investors have recently modified their holdings of the company. Schwab Charles Investment Management Inc. increased its holdings in shares of Workday by 8.4% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 250,709 shares of the software maker’s stock valued at $25,508,000 after acquiring an additional 19,446 shares during the last quarter. Beech Hill Advisors Inc. acquired a new position in shares of Workday during the 4th quarter valued at about $275,000. Sumitomo Mitsui Asset Management Company LTD increased its holdings in shares of Workday by 3.2% during the 4th quarter. Sumitomo Mitsui Asset Management Company LTD now owns 610,443 shares of the software maker’s stock valued at $62,106,000 after acquiring an additional 19,122 shares during the last quarter. US Bancorp DE increased its holdings in shares of Workday by 7.1% during the 4th quarter. US Bancorp DE now owns 14,841 shares of the software maker’s stock valued at $1,511,000 after acquiring an additional 985 shares during the last quarter. Finally, National Pension Service increased its holdings in shares of Workday by 2.0% during the 4th quarter. National Pension Service now owns 147,624 shares of the software maker’s stock valued at $15,019,000 after acquiring an additional 2,871 shares during the last quarter. 69.99% of the stock is currently owned by institutional investors and hedge funds.

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About Workday

Workday, Inc provides enterprise cloud applications for finance and human resources worldwide. It provides applications for customers to manage critical business functions to optimize their financial and human capital resources. The company offers Workday Financial Management application that provides functions of general ledger, accounting, accounts payable and receivable, cash and asset management, employee expense and revenue management, projects, procurement, inventory, and grants management.

Insider Buying and Selling by Quarter for Workday (NASDAQ:WDAY)

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