Petros Dermetzis Sells 3,743 Shares of Workday Inc (WDAY) Stock

Share on StockTwits

Workday Inc (NASDAQ:WDAY) insider Petros Dermetzis sold 3,743 shares of the stock in a transaction dated Monday, December 3rd. The shares were sold at an average price of $165.48, for a total value of $619,391.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Petros Dermetzis also recently made the following trade(s):

  • On Monday, September 17th, Petros Dermetzis sold 6,699 shares of Workday stock. The shares were sold at an average price of $147.07, for a total value of $985,221.93.

Shares of WDAY stock opened at $160.43 on Friday. The company has a market cap of $35.81 billion, a price-to-earnings ratio of -126.32 and a beta of 2.06. The company has a current ratio of 1.10, a quick ratio of 1.89 and a debt-to-equity ratio of 0.52. Workday Inc has a 12-month low of $100.24 and a 12-month high of $172.67.

Workday (NASDAQ:WDAY) last issued its quarterly earnings results on Thursday, November 29th. The software maker reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.45) by $0.76. The company had revenue of $743.20 million for the quarter, compared to the consensus estimate of $723.38 million. Workday had a negative return on equity of 15.98% and a negative net margin of 15.40%. Workday’s revenue for the quarter was up 33.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.24 earnings per share. On average, research analysts predict that Workday Inc will post -1.04 EPS for the current year.

A number of analysts have recently commented on WDAY shares. Morgan Stanley upped their target price on Workday from $154.00 to $165.00 and gave the stock an “overweight” rating in a research note on Monday, December 3rd. Cantor Fitzgerald set a $185.00 target price on Workday and gave the stock a “buy” rating in a research note on Sunday, December 2nd. Royal Bank of Canada upped their target price on Workday to $170.00 and gave the stock an “outperform” rating in a research note on Friday, November 30th. Stifel Nicolaus upped their target price on Workday to $160.00 and gave the stock a “hold” rating in a research note on Friday, November 30th. Finally, KeyCorp upped their target price on Workday from $177.00 to $179.00 and gave the stock an “overweight” rating in a research note on Friday, November 30th. Two analysts have rated the stock with a sell rating, twelve have given a hold rating, sixteen have given a buy rating and two have assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $155.50.

Hedge funds have recently modified their holdings of the business. Rehmann Capital Advisory Group purchased a new position in Workday during the third quarter worth approximately $106,000. Nisa Investment Advisors LLC boosted its position in Workday by 55.6% during the second quarter. Nisa Investment Advisors LLC now owns 1,400 shares of the software maker’s stock worth $170,000 after purchasing an additional 500 shares in the last quarter. Stratos Wealth Partners LTD. purchased a new position in Workday during the third quarter worth approximately $185,000. Mirador Capital Partners LP purchased a new position in Workday during the second quarter worth approximately $200,000. Finally, Athena Capital Advisors LLC purchased a new position in Workday during the third quarter worth approximately $202,000. Institutional investors own 68.92% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Petros Dermetzis Sells 3,743 Shares of Workday Inc (WDAY) Stock” was reported by BBNS and is the sole property of of BBNS. If you are viewing this piece of content on another website, it was illegally stolen and reposted in violation of U.S. and international copyright & trademark law. The correct version of this piece of content can be accessed at https://baseballnewssource.com/2018/12/08/petros-dermetzis-sells-3743-shares-of-workday-inc-wday-stock/3064019.html.

Workday Company Profile

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.

Read More: Stock Selection – What is cash flow?

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

Receive News & Ratings for Workday Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Workday and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


Leave a Reply

 
© 2006-2018 BBNS.