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Analyzing Workday Inc (WDAY) After Recent Trading Activity

Workday Inc’s recent filing unveils 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 $ 9.41 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 jump 2.97% to $265.72. Over the last five days, the stock has lost -1.54%. Workday Inc shares have risen nearly 2.98% since the year began. Nevertheless, the stocks have fallen -12.08% over the past one year. While a 52-week high of $311.28 was reached on 02/06/25, a 52-week low of $199.81 was recorded on 01/13/25. SMA at 50 days reached $262.77, while 200 days put it at $244.55.

Levels Of Support And Resistance For WDAY Stock

The 24-hour chart illustrates a support level at 258.72, which if violated will result in even more drops to 251.72. On the upside, there is a resistance level at 269.24. A further resistance level may holdings at 272.76. The Relative Strength Index (RSI) on the 14-day chart is 53.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.53, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 61.09%. Stochastics %K at 21.52% indicates the stock is a holding.

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.

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