Greenleaf Trust Has $582,000 Holdings in Workday, Inc. (NASDAQ:WDAY)

Greenleaf Trust raised its holdings in Workday, Inc. (NASDAQ:WDAY) by 6.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,110 shares of the software maker’s stock after buying an additional 136 shares during the quarter. Greenleaf Trust’s holdings in Workday were worth $582,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Beacon Capital Management LLC raised its position in shares of Workday by 333.3% during the fourth quarter. Beacon Capital Management LLC now owns 91 shares of the software maker’s stock worth $25,000 after purchasing an additional 70 shares during the period. Exchange Traded Concepts LLC raised its position in shares of Workday by 1,750.0% during the fourth quarter. Exchange Traded Concepts LLC now owns 111 shares of the software maker’s stock worth $31,000 after purchasing an additional 105 shares during the period. CVA Family Office LLC acquired a new position in shares of Workday during the fourth quarter worth approximately $33,000. VisionPoint Advisory Group LLC raised its position in shares of Workday by 215.4% during the third quarter. VisionPoint Advisory Group LLC now owns 123 shares of the software maker’s stock worth $26,000 after purchasing an additional 84 shares during the period. Finally, Clear Street Markets LLC acquired a new position in shares of Workday during the third quarter worth approximately $29,000. 89.81% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Douglas A. Robinson sold 411 shares of the stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $266.90, for a total transaction of $109,695.90. Following the sale, the insider now owns 165,521 shares of the company’s stock, valued at approximately $44,177,554.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, insider Douglas A. Robinson sold 411 shares of the stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $266.90, for a total transaction of $109,695.90. Following the sale, the insider now owns 165,521 shares of the company’s stock, valued at approximately $44,177,554.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder David A. Duffield sold 56,000 shares of the stock in a transaction dated Friday, April 12th. The stock was sold at an average price of $264.89, for a total value of $14,833,840.00. Following the sale, the insider now directly owns 843,000 shares in the company, valued at approximately $223,302,270. The disclosure for this sale can be found here. In the last quarter, insiders have sold 435,691 shares of company stock valued at $117,731,569. Corporate insiders own 21.09% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. The Goldman Sachs Group upped their target price on Workday from $270.00 to $310.00 and gave the stock a “buy” rating in a research report on Tuesday, February 27th. DA Davidson reaffirmed a “neutral” rating and set a $300.00 target price on shares of Workday in a research report on Tuesday, February 27th. Needham & Company LLC upped their price target on Workday from $300.00 to $350.00 and gave the stock a “buy” rating in a report on Tuesday, February 27th. Mizuho upped their price target on Workday from $290.00 to $325.00 and gave the stock a “buy” rating in a report on Tuesday, February 27th. Finally, JMP Securities reiterated a “market outperform” rating and set a $315.00 price target on shares of Workday in a report on Tuesday, February 27th. One analyst has rated the stock with a sell rating, six have given a hold rating and twenty-two have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $293.61.

Workday Stock Up 0.5 %

Shares of NASDAQ WDAY opened at $253.53 on Tuesday. Workday, Inc. has a one year low of $174.25 and a one year high of $311.28. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.97 and a quick ratio of 1.97. The business’s fifty day moving average price is $277.28 and its 200-day moving average price is $263.35. The stock has a market capitalization of $66.93 billion, a PE ratio of 49.23, a P/E/G ratio of 6.30 and a beta of 1.32.

Workday (NASDAQ:WDAY) last issued its quarterly earnings results on Monday, February 26th. The software maker reported $1.57 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.10. The firm had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.92 billion. Workday had a return on equity of 4.87% and a net margin of 19.02%. The business’s revenue for the quarter was up 16.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.14) EPS. On average, equities research analysts anticipate that Workday, Inc. will post 1.76 EPS for the current year.

About Workday

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.