Workday Inc’s filing revealed that its 10% Owner DUFFIELD DAVID A unloaded Company’s shares for reported $14.83 million on Apr 12 ’24. In the deal valued at $264.89 per share,56,000 shares were sold. As a result of this transaction, DUFFIELD DAVID A now holds 843,000 shares worth roughly $213.73 million.
Then, DUFFIELD DAVID A sold 65,221 shares, generating $17,498,081 in total proceeds. Upon selling the shares at $268.29, the 10% Owner now owns 102,997 shares.
Before that, Chakraborty Sayan sold 15,065 shares. Workday Inc shares valued at $4,041,530 were divested by the Co-President at a price of $268.27 per share. As a result of the transaction, Chakraborty Sayan now holds 88,205 shares, worth roughly $22.36 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 jump 0.52% to $253.53. Over the last five days, the stock has lost -2.35%. Workday Inc shares have fallen nearly -8.16% since the year began. Nevertheless, the stocks have risen 32.70% 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 04/19/24. SMA at 50 days reached $277.85, while 200 days put it at $252.66. A total of 1.07 million shares were traded, compared to the trading of 1.26 million shares in the previous session.
Levels Of Support And Resistance For WDAY Stock
The 24-hour chart illustrates a support level at 251.41, which if violated will result in even more drops to 249.30. On the upside, there is a resistance level at 255.23. A further resistance level may holdings at 256.94. The Relative Strength Index (RSI) on the 14-day chart is 27.47, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -9.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.07%. Stochastics %K at 8.33% 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.
