Signaturefd LLC decreased its holdings in shares of Workday, Inc. (NASDAQ:WDAY – Get Rating) by 16.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,574 shares of the software maker’s stock after selling 523 shares during the period. Signaturefd LLC’s holdings in Workday were worth $431,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also recently modified their holdings of the company. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in shares of Workday by 8.8% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 14,458 shares of the software maker’s stock valued at $2,419,000 after acquiring an additional 1,167 shares during the period. Xponance Inc. lifted its stake in shares of Workday by 16.3% during the 4th quarter. Xponance Inc. now owns 27,173 shares of the software maker’s stock valued at $4,547,000 after buying an additional 3,809 shares in the last quarter. First Republic Investment Management Inc. lifted its stake in shares of Workday by 3.5% during the 3rd quarter. First Republic Investment Management Inc. now owns 33,071 shares of the software maker’s stock valued at $5,034,000 after buying an additional 1,125 shares in the last quarter. EFG Asset Management North America Corp. lifted its stake in shares of Workday by 1.1% during the 3rd quarter. EFG Asset Management North America Corp. now owns 22,743 shares of the software maker’s stock valued at $3,463,000 after buying an additional 243 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. lifted its stake in shares of Workday by 2.3% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 67,467 shares of the software maker’s stock valued at $10,269,000 after buying an additional 1,534 shares in the last quarter. Institutional investors own 66.98% of the company’s stock.
Workday Stock Down 0.4 %
Shares of NASDAQ:WDAY opened at $194.04 on Friday. Workday, Inc. has a 12 month low of $128.72 and a 12 month high of $226.74. The firm’s 50-day moving average is $189.74 and its 200 day moving average is $170.57. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.53.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on WDAY. Guggenheim cut shares of Workday from a “neutral” rating to a “sell” rating and set a $142.00 target price on the stock. in a research note on Tuesday, January 17th. Cowen lifted their target price on shares of Workday from $225.00 to $230.00 and gave the company an “outperform” rating in a research note on Tuesday, February 28th. Robert W. Baird lowered their target price on shares of Workday from $223.00 to $220.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 28th. Loop Capital boosted their price target on shares of Workday from $160.00 to $180.00 and gave the stock a “hold” rating in a research note on Tuesday, February 28th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $220.00 price target on shares of Workday in a research note on Tuesday, February 28th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and twenty-one have issued a buy rating to the company. According to data from MarketBeat, Workday has an average rating of “Moderate Buy” and a consensus target price of $210.30.
Insider Activity at Workday
In related news, insider Douglas A. Robinson sold 266 shares of the company’s stock in a transaction dated Monday, March 6th. The shares were sold at an average price of $191.44, for a total transaction of $50,923.04. Following the transaction, the insider now directly owns 129,802 shares in the company, valued at approximately $24,849,294.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Workday news, Director George J. Still, Jr. sold 5,000 shares of the company’s stock in a transaction dated Wednesday, March 15th. The shares were sold at an average price of $183.34, for a total value of $916,700.00. Following the transaction, the director now directly owns 5,000 shares in the company, valued at approximately $916,700. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Douglas A. Robinson sold 266 shares of the company’s stock in a transaction dated Monday, March 6th. The stock was sold at an average price of $191.44, for a total transaction of $50,923.04. Following the completion of the transaction, the insider now owns 129,802 shares in the company, valued at $24,849,294.88. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 43,469 shares of company stock worth $8,469,440. Insiders own 21.74% of the company’s stock.
About Workday
Workday, Inc engages in the development of enterprise cloud applications for finance and human resources. It delivers financial management, human capital management and analytics applications designed for companies, educational institutions and government agencies. The company was founded by David A.
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