Workday Inc’s filing revealed that its 10% Owner DUFFIELD DAVID A unloaded Company’s shares for reported $17.5 million on Apr 08 ’24. In the deal valued at $268.29 per share,65,221 shares were sold. As a result of this transaction, DUFFIELD DAVID A now holds 102,997 shares worth roughly $26.74 million.
Then, Chakraborty Sayan sold 15,065 shares, generating $4,041,530 in total proceeds. Upon selling the shares at $268.27, the Co-President now owns 88,205 shares.
Before that, Sauer Richard Harry sold 8,447 shares. Workday Inc shares valued at $2,265,575 were divested by the Chief Legal Officer & Secty at a price of $268.21 per share. As a result of the transaction, Sauer Richard Harry now holds 66,356 shares, worth roughly $17.23 million.
Needham reiterated its Workday Inc [WDAY] rating to a Buy in a research note published on February 27, 2024; the price target was $350. BMO Capital Markets maintained its rating on November 29, 2023. It rated WDAY as “an Outperform”.
Price Performance Review of WDAY
On Monday, Workday Inc [NASDAQ:WDAY] saw its stock fall -1.54% to $259.63. Over the last five days, the stock has lost -3.34%. Workday Inc shares have fallen nearly -5.95% since the year began. Nevertheless, the stocks have risen 33.25% over the past one year. While a 52-week high of $311.28 was reached on 02/26/24, a 52-week low of $174.25 was recorded on 04/15/24. SMA at 50 days reached $281.69, while 200 days put it at $251.88. A total of 1.37 million shares were traded, compared to the trading of 1.1 million shares in the previous session.
Levels Of Support And Resistance For WDAY Stock
The 24-hour chart illustrates a support level at 256.26, which if violated will result in even more drops to 252.90. On the upside, there is a resistance level at 264.57. A further resistance level may holdings at 269.52. The Relative Strength Index (RSI) on the 14-day chart is 30.74, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.53, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.92%. Stochastics %K at 11.27% indicates the stock is a buying.
The most recent change occurred on August 25, 2023 when Needham resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $250.
