Bokf Na Acquires 1,648 Shares of Workday, Inc. (NASDAQ:WDAY)

Bokf Na grew its holdings in shares of Workday, Inc. (NASDAQ:WDAY) by 67.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,096 shares of the software maker’s stock after purchasing an additional 1,648 shares during the quarter. Bokf Na’s holdings in Workday were worth $916,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of WDAY. Crewe Advisors LLC bought a new position in shares of Workday during the 1st quarter valued at $27,000. Sound Income Strategies LLC raised its holdings in shares of Workday by 74.2% during the 1st quarter. Sound Income Strategies LLC now owns 115 shares of the software maker’s stock valued at $31,000 after purchasing an additional 49 shares in the last quarter. SouthState Corp raised its holdings in shares of Workday by 614.3% during the 2nd quarter. SouthState Corp now owns 150 shares of the software maker’s stock valued at $34,000 after purchasing an additional 129 shares in the last quarter. Asset Dedication LLC acquired a new position in Workday in the 2nd quarter valued at $36,000. Finally, PSI Advisors LLC acquired a new position in Workday in the 2nd quarter valued at $38,000. Institutional investors own 89.81% of the company’s stock.

Insider Transactions at Workday

In other news, major shareholder David A. Duffield sold 56,000 shares of the business’s stock in a transaction that occurred on Friday, June 21st. The stock was sold at an average price of $218.58, for a total value of $12,240,480.00. Following the transaction, the insider now directly owns 730,000 shares of the company’s stock, valued at approximately $159,563,400. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, major shareholder David A. Duffield sold 78,279 shares of the business’s stock in a transaction that occurred on Monday, July 1st. The stock was sold at an average price of $223.89, for a total value of $17,525,885.31. Following the transaction, the insider now directly owns 102,997 shares of the company’s stock, valued at approximately $23,059,998.33. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder David A. Duffield sold 56,000 shares of the company’s stock in a transaction on Friday, June 21st. The stock was sold at an average price of $218.58, for a total value of $12,240,480.00. Following the transaction, the insider now directly owns 730,000 shares in the company, valued at approximately $159,563,400. The disclosure for this sale can be found here. Insiders have sold 466,402 shares of company stock valued at $107,992,034 in the last three months. 20.00% of the stock is owned by corporate insiders.

Workday Trading Down 0.5 %

WDAY stock opened at $250.05 on Monday. Workday, Inc. has a 1-year low of $199.81 and a 1-year high of $311.28. The firm has a market cap of $66.26 billion, a P/E ratio of 45.05, a P/E/G ratio of 5.40 and a beta of 1.35. The business’s 50 day moving average is $235.24 and its 200-day moving average is $243.02. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 0.36.

Workday (NASDAQ:WDAY) last released its quarterly earnings data on Thursday, August 22nd. The software maker reported $1.75 earnings per share for the quarter, beating the consensus estimate of $1.65 by $0.10. Workday had a return on equity of 5.34% and a net margin of 19.59%. The company had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.07 billion. During the same period in the prior year, the company posted $0.40 EPS. The company’s revenue was up 16.5% compared to the same quarter last year. Equities analysts anticipate that Workday, Inc. will post 2.27 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on WDAY. Robert W. Baird lowered their target price on shares of Workday from $316.00 to $265.00 and set an “outperform” rating on the stock in a research note on Friday, May 24th. Piper Sandler raised their target price on shares of Workday from $262.00 to $285.00 and gave the company an “overweight” rating in a research note on Friday, August 23rd. Citigroup lowered their target price on shares of Workday from $293.00 to $255.00 and set a “neutral” rating on the stock in a research note on Friday, May 24th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Workday from $265.00 to $275.00 and gave the company a “hold” rating in a research note on Friday, August 23rd. Finally, Loop Capital raised their target price on shares of Workday from $240.00 to $255.00 and gave the company a “hold” rating in a research note on Friday, August 23rd. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and twenty-one have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $288.15.

Workday 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.