The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Workday Inc shares valued at $117,169 were sold by Garfield Mark S. on Jan 13 ’25. At $248.24 per share, Garfield Mark S. sold 472 shares. The insider’s holdings dropped to 35,408 shares worth approximately $8.8 million following the completion of this transaction.
Also, DUFFIELD DAVID A sold 56,000 shares, netting a total of over 13,799,530 in proceeds. Following the sale of shares at $246.42 each, the insider now holds 60,000 shares.
Before that, MARK GARFIELD had added 472 shares to its account. In a trade valued at $117,863, the Officer bought Workday Inc shares for $249.71 each.
As published in a research note from Deutsche Bank on January 08, 2025, Workday Inc [WDAY] has been rated up from a Hold to a Buy and the price target has been revised to $300 from $265. Analysts at Guggenheim upgraded the stock from ‘”a Sell”‘ to ‘”a Neutral”‘ outlook in a report released in early January. As of November 27, 2024, Piper Sandler has decreased its “an Overweight” rating to a “Neutral” for WDAY. Earlier on November 19, 2024, Scotiabank initiated its rating. Their recommendation was “a Sector outperform” for WDAY stock.
Analyzing WDAY Stock Performance
During the last five days, there has been a drop of approximately -0.44%. Over the course of the year, Workday Inc shares have dropped approximately -3.67%. Shares of the company reached a 52-week high of $260.98 on 01/02/25 and a 52-week low of $244.88 on 01/13/25. A 50-day SMA is recorded $261.45, while a 200-day SMA reached $244.43. Nevertheless, trading volume fell to 3.17 million shares from 2.21 million shares the previous day.
Support And Resistance Levels for Workday Inc (WDAY)
According to the 24-hour chart, there is a support level at 245.49, which, if violated, would cause prices to drop to 242.40. In the upper region, resistance lies at 251.43. The next price resistance is at 254.28. RSI (Relative Strength Index) is 40.51 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -8.72, which suggests the price will decrease in the coming days. Percent R is at 85.39%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
