Workday Inc’s filing revealed that its 10% Owner THE DAVID A DUFFIELD TRUST U/T acquired Company’s shares for reported $17.5 million on Jan 02 ’25. In the deal valued at $258.03 per share,67,822 shares were bought.
Then, WAYNE FREDERICK bought 1,829 shares, generating $471,937 in total proceeds.
Before that, DUFFIELD DAVID A sold 56,000 shares. Workday Inc shares valued at $14,657,896 were divested by the 10% Owner at a price of $261.75 per share. As a result of the transaction, DUFFIELD DAVID A now holds 172,000 shares, worth roughly $43.49 million.
Piper Sandler downgraded its Workday Inc [WDAY] rating to a Neutral from a an Overweight in a research note published on November 27, 2024; the price target was decreased to $270 from $285. A number of analysts have revised their coverage, including Scotiabank’s analysts, who began to cover the stock in mid November with a ‘”a Sector outperform”‘ rating. BMO Capital Markets also remained covering WDAY and reiterated its “an Outperform” recommendation on May 24, 2024. Needham maintained its rating on February 27, 2024. It rated WDAY as “a Buy”.
Price Performance Review of WDAY
On Friday, Workday Inc [NASDAQ:WDAY] saw its stock jump 0.40% to $252.84. Over the last five days, the stock has lost -6.14%. Workday Inc shares have fallen nearly -2.01% since the year began. Nevertheless, the stocks have fallen -5.80% over the past one year. While a 52-week high of $311.28 was reached on 01/02/25, a 52-week low of $199.81 was recorded on 01/02/25. SMA at 50 days reached $259.72, while 200 days put it at $245.34.
Levels Of Support And Resistance For WDAY Stock
The 24-hour chart illustrates a support level at 251.08, which if violated will result in even more drops to 249.32. On the upside, there is a resistance level at 254.99. A further resistance level may holdings at 257.15. The Relative Strength Index (RSI) on the 14-day chart is 40.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -12.45, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.66%. Stochastics %K at 6.83% indicates the stock is a buying.
How much short interest is there in Workday Inc?
A steep rise in short interest was recorded in Workday Inc stocks on 2024-11-15, growing by 96091.0 shares to a total of 4.51 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 4.42 million shares. There was a rise of 2.13%, which implies that there is a positive sentiment for the stock.
