Workday, Inc. (WDAY) Files Form 4 Insider Selling : Michael A. Stankey Sells 112,600 Shares

Workday, Inc. (WDAY): Michael A. Stankey , Vice Chairman of Workday, Inc. sold 112,600 shares on Sep 8, 2016. The Insider selling transaction was reported by the company on Sep 12, 2016 to the Securities and Exchange Commission. The shares were sold at $88.43 per share for a total value of $9,943,127.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 8, 2016, Mark S Peek (co-President) sold 29,722 shares at $89.96 per share price.On Sep 8, 2016, David A Duffield (Chairman) sold 187,500 shares at $90.02 per share price.Also, On Sep 8, 2016, Michael M Mcnamara (director) sold 6,800 shares at $90.00 per share price.On Sep 6, 2016, George J Jr Still (director) sold 20,000 shares at $86.04 per share price.

Workday Inc: On Monday, Sep 12, 2016 heightened volatility was witnessed in Workday Inc which led to swings in the share price. The shares opened for trading at $86.41 and hit $87.86 on the upside , eventually ending the session at $87.51, with a gain of 0.33% or 0.29 points. The heightened volatility saw the trading volume jump to 1,576,591 shares. The 52-week high of the share price is $90.73 and the company has a market cap of $17,502 M . The 52-week low of the share price is at $47.32.

Workday Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Workday Inc is Reiterated by BMO Capital Markets to Market Perform and the brokerage firm has raised the Price Target to $ 93 from a previous price target of $90 .The Rating was issued on Aug 25, 2016.Workday Inc is Downgraded by First Analysis Sec to Equal-Weight and the brokerage firm has raised the Price Target to $ 88 from a previous price target of $87 .Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on Aug 25, 2016.Workday Inc is Downgraded by Needham to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Aug 22, 2016.Workday Inc is Downgraded by Citigroup to Neutral and the brokerage firm has set the Price Target at $87. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Jul 20, 2016.Workday Inc is Initiated by BMO Capital Markets to Market Perform and the brokerage firm has set the Price Target at $90. The Rating was issued on Jun 15, 2016.

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 a range of companies educational institutions and government agencies. The Company’s applications include Workday Financial Management Workday Human Capital Management (Workday HCM) and Workday Insight Applications. Workday Financial Management is a unified application built on a single global core with a range of financial capabilities relevant analytics and metrics and an auditable process management built to help manage financial processes for global organizations. Workday HCM enables an organization to staff pay organize and develop its global workforce. Workday Insight Applications is a suite of applications that leverage advanced data science and machine learning methodologies to help customers make financial and workforce decisions.

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Workday Inc - Is it time to Sell?

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