Deuterium Capital Management LLC acquired a new position in Workday, Inc. (NASDAQ:WDAY – Free Report) in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 1,500 shares of the software maker’s stock, valued at approximately $310,000.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Wasatch Advisors LP grew its holdings in Workday by 9.1% in the 1st quarter. Wasatch Advisors LP now owns 5,457 shares of the software maker’s stock worth $1,127,000 after buying an additional 455 shares in the last quarter. Stifel Financial Corp grew its holdings in Workday by 28.0% in the 1st quarter. Stifel Financial Corp now owns 139,261 shares of the software maker’s stock worth $28,763,000 after buying an additional 30,490 shares in the last quarter. Great West Life Assurance Co. Can grew its holdings in Workday by 3.4% in the 1st quarter. Great West Life Assurance Co. Can now owns 182,370 shares of the software maker’s stock worth $37,713,000 after buying an additional 6,068 shares in the last quarter. Neuberger Berman Group LLC grew its holdings in Workday by 133.8% in the 1st quarter. Neuberger Berman Group LLC now owns 1,251,708 shares of the software maker’s stock worth $254,464,000 after buying an additional 716,221 shares in the last quarter. Finally, Select Asset Management & Trust bought a new position in Workday in the 1st quarter worth approximately $215,000. 68.46% of the stock is owned by institutional investors.
In other news, CEO Aneel Bhusri sold 3,869 shares of the firm’s stock in a transaction dated Wednesday, July 5th. The stock was sold at an average price of $221.43, for a total value of $856,712.67. Following the sale, the chief executive officer now directly owns 553,893 shares of the company’s stock, valued at $122,648,526.99. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, CEO Carl M. Eschenbach bought 8,676 shares of the firm’s stock in a transaction that occurred on Tuesday, August 29th. The shares were acquired at an average cost of $240.44 per share, with a total value of $2,086,057.44. Following the completion of the transaction, the chief executive officer now directly owns 20,222 shares in the company, valued at $4,862,177.68. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Aneel Bhusri sold 3,869 shares of Workday stock in a transaction dated Wednesday, July 5th. The stock was sold at an average price of $221.43, for a total value of $856,712.67. Following the sale, the chief executive officer now directly owns 553,893 shares in the company, valued at $122,648,526.99. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 132,477 shares of company stock valued at $27,924,696. 21.09% of the stock is owned by insiders.
Analyst Ratings Changes
Workday Stock Up 0.4 %
NASDAQ WDAY traded up $1.10 during trading on Friday, hitting $251.57. 218,281 shares of the company traded hands, compared to its average volume of 1,945,344. Workday, Inc. has a 12 month low of $128.72 and a 12 month high of $252.22. The business has a fifty day simple moving average of $230.45 and a 200 day simple moving average of $208.72. The company has a current ratio of 2.00, a quick ratio of 2.00 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $65.91 billion, a P/E ratio of -521.81, a PEG ratio of 11.65 and a beta of 1.23.
Workday (NASDAQ:WDAY – Get Free Report) last issued its quarterly earnings results on Thursday, August 24th. The software maker reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.17. The company had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.77 billion. Workday had a positive return on equity of 2.09% and a negative net margin of 1.81%. The firm’s revenue was up 16.6% compared to the same quarter last year. During the same period last year, the business posted ($0.16) earnings per share. As a group, sell-side analysts predict that Workday, Inc. will post 0.77 EPS for the current year.
Workday Company Profile
Workday, Inc provides enterprise cloud applications in the United States and internationally. Its applications help its customers to plan, execute, analyze, and extend to other applications and environments, and to manage their business and operations. The company offers a suite of financial management applications, which enable chief financial officers to maintain accounting information in the general ledger; manage financial processes, such as payables and receivables; identify real-time financial, operational, and management insights; enhance financial consolidation; reduce time-to-close; promote internal control and auditability; and achieve consistency across finance operations.
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