Workday (WDAY) has been under a strong bear grip, hence the stock is down -3.88% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.61% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.15% in the last 1 week, and is up 0.32% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 3.43% and the 50-Day Moving Average is 3.83%.
Workday (NYSE:WDAY): The stock opened at $80.00 on Friday but the bulls could not build on the opening and the stock topped out at $80.00 for the day. The stock traded down to $78.31 during the day, due to lack of any buying support eventually closed down at $78.85 with a loss of -1.36% for the day. The stock had closed at $79.94 on the previous day. The total traded volume was 1,354,714 shares.
The company Insiders own 41.78% of Workday shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -4.77% . During last six month period, the net percent change held by insiders has seen a change of 5.08%. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Workday, Inc., Mcnamara Michael M had sold 3,400 shares worth of $272,782 in a transaction dated July 13, 2016. In this transaction, 3,400 shares were sold at $80.23 per share.
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 Companys 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.