Workday (WDAY) : Fridays money flow points at investors jumping to buy the stock on the weakness of price. $2.99 million worth of transactions were on upticks, whereas, the downticks accounted for $2.05 million worth of transactions. The net money flow was a positive $0.95 million and the uptick to downtick ratio was 1.46. The net money flow into the stock was $1.02 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $1.02 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Workday (WDAY) was trading at $87.55, down $0.34 during day. The stock slid -0.39% over the previous days close. For the week, the stock recorded 5.38% over the previous weeks close.
The company Insiders own 41.78% of Workday shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -8.05% . During last six month period, the net percent change held by insiders has seen a change of -10.69%.
In a related news,The director of Workday, Inc., Mcnamara Michael M sold 6,800 shares at $85 on August 30, 2016. The Insider selling transaction had a total value worth of $578,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Workday (NYSE:WDAY): The stock opened at $87.29 and touched an intraday high of $89.4 on Friday. During the day, the stock corrected to an intraday low of $86.85, however, the bulls stepped in and pushed the price higher to close in the green at $88.98 with a gain of 1.24% for the day. The total traded volume for the day was 2,471,115. The stock had closed at $87.89 in the previous trading session.
Workday (WDAY) : Traders are bullish on Workday (WDAY) as it has outperformed the S&P 500 by a wide margin of 7.23% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 6.56%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 7.1% in the last 1 week, and is up 7.09% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Workday, Inc. is a provider of enterprise cloud applications for finance and human resources. The Company delivers financial management, human capital management and analytics applications designed for a range of companies, educational institutions and government agencies. The Companys applications include Workday Financial Management, Workday Human Capital Management (Workday HCM) and Workday Insight Applications. Workday Financial Management is a unified application built on a single, global core with a range of financial capabilities, relevant analytics and metrics, and an auditable process management built to help manage financial processes for global organizations. Workday HCM enables an organization to staff, pay, organize, and develop its global workforce. Workday Insight Applications is a suite of applications that leverage advanced data science and machine learning methodologies to help customers make financial and workforce decisions.