Workday Inc’s recently made public 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 $209.71 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 $21.94 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 -0.90% to $248.77. Over the last five days, the stock has lost -1.88%. Workday Inc shares have fallen nearly -9.89% since the year began. Nevertheless, the stocks have risen 32.94% 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 04/29/24. SMA at 50 days reached $273.01, while 200 days put it at $253.49. A total of 2.18 million shares were traded, compared to the trading of 1.16 million shares in the previous session.
Levels Of Support And Resistance For WDAY Stock
The 24-hour chart illustrates a support level at 247.16, which if violated will result in even more drops to 245.54. On the upside, there is a resistance level at 251.42. A further resistance level may holdings at 254.06. The Relative Strength Index (RSI) on the 14-day chart is 26.67, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.94, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.34%. Stochastics %K at 7.20% 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.
