Workday Inc (WDAY) Shares Bought by Swiss National Bank

Swiss National Bank grew its holdings in Workday Inc (NYSE:WDAY) by 6.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 483,300 shares of the software maker’s stock after purchasing an additional 27,900 shares during the quarter. Swiss National Bank’s holdings in Workday were worth $50,935,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Winfield Associates Inc. grew its position in shares of Workday by 136.4% in the second quarter. Winfield Associates Inc. now owns 1,040 shares of the software maker’s stock valued at $101,000 after purchasing an additional 600 shares during the last quarter. Janus Henderson Group PLC grew its position in shares of Workday by 6,210.6% in the second quarter. Janus Henderson Group PLC now owns 1,038,153 shares of the software maker’s stock valued at $100,701,000 after purchasing an additional 1,021,702 shares during the last quarter. Sumitomo Mitsui Asset Management Company LTD grew its position in shares of Workday by 47.0% in the second quarter. Sumitomo Mitsui Asset Management Company LTD now owns 573,715 shares of the software maker’s stock valued at $55,650,000 after purchasing an additional 183,444 shares during the last quarter. First Trust Advisors LP grew its position in shares of Workday by 338.4% in the second quarter. First Trust Advisors LP now owns 64,106 shares of the software maker’s stock valued at $6,218,000 after purchasing an additional 49,483 shares during the last quarter. Finally, Prudential Financial Inc. grew its position in shares of Workday by 18.2% in the first quarter. Prudential Financial Inc. now owns 4,030 shares of the software maker’s stock valued at $336,000 after purchasing an additional 620 shares during the last quarter. 67.08% of the stock is currently owned by institutional investors.

Several equities research analysts have recently issued reports on WDAY shares. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $116.00 price target on shares of Workday in a research report on Sunday, August 27th. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $115.00 price target on shares of Workday in a research report on Tuesday, August 22nd. Drexel Hamilton reaffirmed a “buy” rating and issued a $122.00 price target on shares of Workday in a research report on Tuesday, August 29th. Canaccord Genuity reaffirmed a “buy” rating and issued a $125.00 price target (up from $115.00) on shares of Workday in a research report on Thursday, August 31st. Finally, Mitsubishi UFJ Financial Group reaffirmed a “buy” rating and issued a $116.00 price target (up from $106.00) on shares of Workday in a research report on Thursday, August 31st. Five investment analysts have rated the stock with a sell rating, twenty-two have given a hold rating and fifteen have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $99.53.

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In other news, Director David A. Duffield sold 457,386 shares of the business’s stock in a transaction on Friday, September 8th. The shares were sold at an average price of $109.35, for a total value of $50,015,159.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Robynne Sisco sold 5,267 shares of the business’s stock in a transaction on Monday, October 16th. The shares were sold at an average price of $107.36, for a total transaction of $565,465.12. The disclosure for this sale can be found here. Insiders have sold a total of 1,542,724 shares of company stock valued at $167,301,313 in the last ninety days. Company insiders own 37.71% of the company’s stock.

Shares of Workday Inc (WDAY) opened at $106.17 on Tuesday. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.16. Workday Inc has a fifty-two week low of $65.79 and a fifty-two week high of $111.94.

Workday (NYSE:WDAY) last released its earnings results on Wednesday, August 30th. The software maker reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.09. Workday had a negative net margin of 15.71% and a negative return on equity of 24.60%. The firm had revenue of $525.30 million during the quarter, compared to analyst estimates of $507.44 million. During the same quarter in the previous year, the business earned ($0.04) EPS. The business’s quarterly revenue was up 40.6% compared to the same quarter last year.

Workday Profile

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 various companies, educational institutions and government agencies. As part of its applications, the Company provides embedded analytics that capture the content and context of everyday business events, facilitating informed decision-making from wherever users are working.

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Institutional Ownership by Quarter for Workday (NYSE:WDAY)

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