Workday Inc’s recently made public that its 10% Owner DAVE & CHERYL DUFFIELD FOUNDAT acquired Company’s shares for reported $13.57 million on Oct 07 ’24. In the deal valued at $242.35 per share,56,000 shares were bought.
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Then, DUFFIELD DAVID A sold 71,601 shares, generating $17,226,807 in total proceeds. Upon selling the shares at $240.59, the 10% Owner now owns 102,997 shares.
Before that, DUFFIELD DAVID A sold 56,000 shares. Workday Inc shares valued at $13,605,933 were divested by the 10% Owner at a price of $242.96 per share. As a result of the transaction, DUFFIELD DAVID A now holds 393,000 shares, worth roughly $92.54 million.
BMO Capital Markets reiterated its Workday Inc [WDAY] rating to an Outperform in a research note published on May 24, 2024; the price target was $300. A number of analysts have revised their coverage, including Needham’s analysts, who remained covering the stock and in late February has reiterated a ‘”a Buy”‘ rating for it.
Price Performance Review of WDAY
On Monday, Workday Inc [NASDAQ:WDAY] saw its stock fall -2.84% to $235.47. Over the last five days, the stock has lost -3.66%. Workday Inc shares have fallen nearly -14.70% since the year began. Nevertheless, the stocks have risen 14.79% over the past one year. While a 52-week high of $311.28 was reached on 02/26/24, a 52-week low of $199.81 was recorded on 08/05/24. SMA at 50 days reached $239.75, while 200 days put it at $253.80.
Levels Of Support And Resistance For WDAY Stock
The 24-hour chart illustrates a support level at 233.11, which if violated will result in even more drops to 230.74. On the upside, there is a resistance level at 239.73. A further resistance level may holdings at 243.98. The Relative Strength Index (RSI) on the 14-day chart is 38.31, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.95, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.04%. Stochastics %K at 26.20% indicates the stock is a holding.
How much short interest is there in Workday Inc?
A steep rise in short interest was recorded in Workday Inc stocks on 2024-09-13, dropping by -0.49 million shares to a total of 4.68 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 5.17 million shares. There was a decline of -10.47%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on November 29, 2023 when BMO Capital Markets resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $290.
