Aneel Bhusri Sells 75,000 Shares of Workday Inc (WDAY) Stock
Workday Inc (NASDAQ:WDAY) CEO Aneel Bhusri sold 75,000 shares of the business’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of $100.34, for a total transaction of $7,525,500.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.
Aneel Bhusri also recently made the following trade(s):
- On Monday, October 16th, Aneel Bhusri sold 11,163 shares of Workday stock. The shares were sold at an average price of $107.51, for a total transaction of $1,200,134.13.
Workday Inc (NASDAQ WDAY) opened at $102.35 on Thursday. Workday Inc has a twelve month low of $65.79 and a twelve month high of $116.89. 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 (NASDAQ:WDAY) last issued its earnings results on Wednesday, November 29th. The software maker reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.10. The company had revenue of $555.40 million for the quarter, compared to the consensus estimate of $541.05 million. Workday had a negative return on equity of 19.73% and a negative net margin of 16.91%. The firm’s quarterly revenue was up 35.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.03 EPS. equities analysts anticipate that Workday Inc will post -1.31 EPS for the current year.
WDAY has been the subject of several analyst reports. JMP Securities downgraded shares of Workday from a “market outperform” rating to a “market perform” rating in a report on Tuesday, October 10th. FBN Securities raised shares of Workday from a “sector perform” rating to an “outperform” rating and boosted their price target for the company from $115.00 to $125.00 in a report on Wednesday, October 11th. Robert W. Baird reissued a “buy” rating and set a $114.00 price target on shares of Workday in a report on Thursday, October 12th. Canaccord Genuity reissued a “buy” rating and set a $125.00 price target on shares of Workday in a report on Friday, October 6th. Finally, UBS reissued an “overweight” rating and set a $116.00 price target (up previously from $115.00) on shares of Workday in a report on Thursday, August 31st. Four equities research analysts have rated the stock with a sell rating, twenty-two have given a hold rating and fourteen have issued a buy rating to the company. Workday currently has an average rating of “Hold” and a consensus price target of $103.03.
Institutional investors and hedge funds have recently modified their holdings of the company. Public Employees Retirement System of Ohio grew its stake in shares of Workday by 46.6% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 84,863 shares of the software maker’s stock valued at $8,944,000 after buying an additional 26,967 shares in the last quarter. IFM Investors Pty Ltd bought a new stake in shares of Workday in the 3rd quarter valued at approximately $363,000. California Public Employees Retirement System grew its stake in shares of Workday by 1.7% in the 3rd quarter. California Public Employees Retirement System now owns 221,300 shares of the software maker’s stock valued at $23,323,000 after buying an additional 3,800 shares in the last quarter. Cubist Systematic Strategies LLC grew its stake in shares of Workday by 418.4% in the 3rd quarter. Cubist Systematic Strategies LLC now owns 122,840 shares of the software maker’s stock valued at $12,946,000 after buying an additional 99,144 shares in the last quarter. Finally, Point72 Asset Management L.P. bought a new stake in shares of Workday in the 3rd quarter valued at approximately $2,276,000. Institutional investors own 67.58% of the company’s stock.
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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.
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