Workday, Inc. (WDAY) Files Form 4 Insider Selling : Michael A. Stankey Sells 112,400 Shares

Workday, Inc. (WDAY): Michael A. Stankey , Vice Chairman of Workday, Inc. sold 112,400 shares on Sep 26, 2016. The Insider selling transaction was reported by the company on Sep 28, 2016 to the Securities and Exchange Commission. The shares were sold at $88.84 per share for a total value of $9,980,609.00 , 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 19, 2016, Philip W Wilmington (co-President) sold 15,631 shares at $87.89 per share price.On Sep 19, 2016, Mark S Peek (co-President) sold 1,562 shares at $87.35 per share price.Also, On Sep 19, 2016, David A Duffield (Chairman) sold 351,750 shares at $88.16 per share price.On Sep 16, 2016, James Bozzini (Senior Vice President) sold 12,500 shares at $87.53 per share price.

Workday Inc: On Tuesday, Sep 27, 2016 heightened volatility was witnessed in Workday Inc which led to swings in the share price. The shares opened for trading at $88.32 and hit $89.86 on the upside , eventually ending the session at $89.79, with a gain of 1.66% or 1.47 points. The heightened volatility saw the trading volume jump to 10,94,076 shares. The 52-week high of the share price is $90.88 and the company has a market cap of $17,958 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 Upgraded by Wedbush to Neutral and the brokerage firm has raised the Price Target to $ 82 from a previous price target of $69 .Earlier the firm had a rating of Underperform on the company shares. The Rating was issued on Sep 28, 2016.Workday Inc is Reiterated by Jefferies to Hold and the brokerage firm has raised the Price Target to $ 79 from a previous price target of $72 .The Rating was issued on Sep 28, 2016.Workday Inc is Reiterated by Deutsche Bank to Hold and the brokerage firm has raised the Price Target to $ 85 from a previous price target of $75 .The Rating was issued on Sep 16, 2016.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 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.

Leave a Reply

Workday Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Workday Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.