Workday Inc’s recently made public that its 10% Owner DUFFIELD DAVID A unloaded Company’s shares for reported $17.84 million on Jan 08 ’25. In the deal valued at $254.53 per share,70,090 shares were sold. As a result of this transaction, DUFFIELD DAVID A now holds 102,997 shares worth roughly $25.72 million.
Then, THE DAVID A DUFFIELD TRUST U/T bought 70,090 shares, generating $17,500,071 in total proceeds.
Before that, Eschenbach Carl M. sold 6,250 shares. Workday Inc shares valued at $1,586,654 were divested by the CEO at a price of $253.86 per share. As a result of the transaction, Eschenbach Carl M. now holds 13,972 shares, worth roughly $3.49 million.
Deutsche Bank upgraded its Workday Inc [WDAY] rating to a Buy from a a Hold in a research note published on January 08, 2025; the price target was increased to $300 from $265. A number of analysts have revised their coverage, including Guggenheim’s analysts, who increased its forecast for the stock in early January from “a Sell” to “a Neutral”. Piper Sandler also remained covering WDAY and has decreased its forecast on November 27, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. Scotiabank started covering the stock on November 19, 2024. It rated WDAY as “a Sector outperform”.
Price Performance Review of WDAY
On Friday, Workday Inc [NASDAQ:WDAY] saw its stock fall -1.96% to $249.71. Over the last five days, the stock has lost -0.85%. Workday Inc shares have fallen nearly -3.22% since the year began. Nevertheless, the stocks have fallen -9.47% 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 01/07/25. SMA at 50 days reached $260.85, while 200 days put it at $244.85.
Levels Of Support And Resistance For WDAY Stock
The 24-hour chart illustrates a support level at 248.00, which if violated will result in even more drops to 246.29. On the upside, there is a resistance level at 252.92. A further resistance level may holdings at 256.13. The Relative Strength Index (RSI) on the 14-day chart is 40.02, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.84, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.55%. Stochastics %K at 18.83% 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.
The most recent change occurred on May 24, 2024 when BMO Capital Markets resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $300.
