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.
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.
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.
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