Workday, Inc. (NASDAQ:WDAY) Holdings Decreased by Amundi

Amundi decreased its holdings in Workday, Inc. (NASDAQ:WDAY - Free Report) by 24.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 847,373 shares of the software maker's stock after selling 278,598 shares during the quarter. Amundi owned about 0.32% of Workday worth $215,817,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Roxbury Financial LLC acquired a new stake in shares of Workday during the fourth quarter worth about $25,000. Capital Performance Advisors LLP acquired a new stake in Workday during the 3rd quarter worth approximately $26,000. Crews Bank & Trust purchased a new position in shares of Workday in the 4th quarter valued at approximately $26,000. Avion Wealth grew its stake in shares of Workday by 452.6% in the 4th quarter. Avion Wealth now owns 105 shares of the software maker's stock valued at $27,000 after purchasing an additional 86 shares during the last quarter. Finally, Meeder Asset Management Inc. increased its holdings in shares of Workday by 42.2% in the third quarter. Meeder Asset Management Inc. now owns 145 shares of the software maker's stock valued at $35,000 after purchasing an additional 43 shares during the period. Institutional investors and hedge funds own 89.81% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on WDAY. Royal Bank of Canada lifted their price objective on shares of Workday from $320.00 to $340.00 and gave the company an "outperform" rating in a research report on Wednesday, February 26th. Guggenheim reiterated a "neutral" rating on shares of Workday in a research note on Wednesday, February 26th. JPMorgan Chase & Co. raised their price objective on shares of Workday from $285.00 to $310.00 and gave the company an "overweight" rating in a research report on Wednesday, February 26th. Scotiabank increased their target price on Workday from $340.00 to $355.00 and gave the stock a "sector outperform" rating in a research note on Thursday, February 27th. Finally, Needham & Company LLC reissued a "buy" rating and issued a $300.00 price target on shares of Workday in a report on Wednesday, February 26th. Ten analysts have rated the stock with a hold rating, twenty have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $302.14.

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Insiders Place Their Bets

In other news, CAO Mark S. Garfield sold 472 shares of the stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $248.24, for a total transaction of $117,169.28. Following the completion of the transaction, the chief accounting officer now directly owns 35,408 shares in the company, valued at approximately $8,789,681.92. This represents a 1.32 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, major shareholder David A. Duffield sold 57,000 shares of the company's stock in a transaction on Wednesday, December 18th. The shares were sold at an average price of $275.31, for a total transaction of $15,692,670.00. Following the completion of the sale, the insider now directly owns 284,000 shares in the company, valued at $78,188,040. This represents a 16.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 435,829 shares of company stock worth $113,033,319 in the last quarter. 20.00% of the stock is owned by corporate insiders.

Workday Trading Up 0.9 %

NASDAQ:WDAY traded up $2.12 on Tuesday, hitting $245.12. 1,423,845 shares of the stock were exchanged, compared to its average volume of 2,289,248. Workday, Inc. has a fifty-two week low of $199.81 and a fifty-two week high of $294.00. The stock has a fifty day moving average of $258.01 and a 200-day moving average of $256.02. The stock has a market cap of $65.20 billion, a PE ratio of 40.65, a PEG ratio of 3.55 and a beta of 1.38. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 0.35.

Workday (NASDAQ:WDAY - Get Free Report) last issued its quarterly earnings data on Tuesday, February 25th. The software maker reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.75 by ($1.27). The firm had revenue of $2.21 billion during the quarter, compared to analyst estimates of $2.18 billion. Workday had a net margin of 19.86% and a return on equity of 6.13%. As a group, equities analysts expect that Workday, Inc. will post 2.63 earnings per share for the current fiscal 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 to manage their business and operations. The company offers a suite of financial management applications 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.