Workday Inc’s filing revealed that its Chief Accounting Officer Garfield Mark S. unloaded Company’s shares for reported $0.12 million on Jan 13 ’25. In the deal valued at $248.24 per share,472 shares were sold. As a result of this transaction, Garfield Mark S. now holds 35,408 shares worth roughly $9.2 million.
Then, DUFFIELD DAVID A sold 56,000 shares, generating $13,799,530 in total proceeds. Upon selling the shares at $246.42, the 10% Owner now owns 60,000 shares.
Before that, MARK GARFIELD bought 472 shares. Workday Inc shares valued at $117,863 were divested by the Officer at a price of $249.71 per share.
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 Tuesday, Workday Inc [NASDAQ:WDAY] saw its stock fall -0.02% to $259.73. Over the last five days, the stock has lost -3.96%. Workday Inc shares have risen nearly 0.66% since the year began. Nevertheless, the stocks have fallen -11.66% over the past one year. While a 52-week high of $311.28 was reached on 01/28/25, a 52-week low of $199.81 was recorded on 01/13/25. SMA at 50 days reached $261.66, while 200 days put it at $243.91.
Levels Of Support And Resistance For WDAY Stock
The 24-hour chart illustrates a support level at 256.44, which if violated will result in even more drops to 253.16. On the upside, there is a resistance level at 261.99. A further resistance level may holdings at 264.26. The Relative Strength Index (RSI) on the 14-day chart is 50.97, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.78, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 50.51%. Stochastics %K at 52.37% 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 2024-11-15, 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.
