Workday Inc Could Decline a Lot According to The Today’s Call Option Activity

 Workday Inc Could Decline a Lot According to The Today's Call Option Activity

In today’s session Workday Inc (WDAY) recorded an unusually high (177) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious WDAY decrease. With 177 contracts traded and 334 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: WDAY161118P00079000 closed last at: $0.7 or 27.3% up. About 515,643 shares traded hands. Workday Inc (NYSE:WDAY) has risen 7.06% since April 18, 2016 and is uptrending. It has outperformed by 2.63% the S&P500.

Workday Inc (NYSE:WDAY) Ratings Coverage

Out of 37 analysts covering Workday (NYSE:WDAY), 14 rate it a “Buy”, 2 “Sell”, while 21 “Hold”. This means 38% are positive. Workday has been the topic of 96 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The rating was maintained by Citigroup on Wednesday, September 28 with “Neutral”. The firm has “Equal-Weight” rating by Stephens given on Monday, August 24. Barclays Capital downgraded Workday Inc (NYSE:WDAY) rating on Wednesday, January 6. Barclays Capital has “Equal-Weight” rating and $80 price target. The stock of Workday Inc (NYSE:WDAY) earned “Buy” rating by Needham on Thursday, August 27. Morgan Stanley maintained Workday Inc (NYSE:WDAY) rating on Thursday, August 25. Morgan Stanley has “Equal-Weight” rating and $90 price target. The rating was maintained by OTR Global on Monday, August 24 with “Positive”. Robert W. Baird maintained it with “Outperform” rating and $95 target price in Thursday, August 25 report. The rating was maintained by Canaccord Genuity with “Buy” on Thursday, August 25. The firm earned “Equal-Weight” rating on Thursday, May 26 by Barclays Capital. On Thursday, August 25 the stock rating was maintained by BTIG Research with “Buy”.

According to Zacks Investment Research, “Workday, Inc. is engaged in providing enterprise cloud applications for human resources and finance. It delivers Human Capital Management, Financial Management, Payroll, Time Tracking, Procurement, and Employee Expense Management applications. The Company provides its customers the applications to manage critical business functions for their financial and human capital resources. It serves technology, financial services, business services, healthcare and life sciences, manufacturing, and consumer and retail industries, as well as education and government industries. Workday, Inc. is headquartered in Pleasanton, California.”

Insitutional Activity: The institutional sentiment increased to 1.42 in 2016 Q2. Its up 0.27, from 1.15 in 2016Q1. The ratio is positive, as 35 funds sold all Workday Inc shares owned while 80 reduced positions. 42 funds bought stakes while 90 increased positions. They now own 123.31 million shares or 1.62% less from 125.34 million shares in 2016Q1.
Sg Americas Secs Limited holds 0% or 2,127 shares in its portfolio. Rhumbline Advisers reported 112,004 shares or 0.02% of all its holdings. Glenmede Trust Company Na holds 0% or 2,998 shares in its portfolio. Moreover, Nelson Roberts Inv Limited Liability has 0% invested in Workday Inc (NYSE:WDAY) for 105 shares. Beaconlight Capital Ltd Liability Com owns 40,600 shares or 1.41% of their US portfolio. Tocqueville Asset Management Limited Partnership accumulated 19,100 shares or 0.02% of the stock. Nomura Holdg holds 0% of its portfolio in Workday Inc (NYSE:WDAY) for 5,329 shares. Td Asset Management last reported 0.05% of its portfolio in the stock. Huntington Steele Ltd Liability Com holds 0.11% of its portfolio in Workday Inc (NYSE:WDAY) for 4,000 shares. Gulf Natl Bank (Uk) Ltd owns 32,730 shares or 0.04% of their US portfolio. Moreover, Sei Investments Comm has 0.21% invested in Workday Inc (NYSE:WDAY) for 465,474 shares. The Colorado-based Janus Cap Mgmt Llc has invested 0.12% in Workday Inc (NYSE:WDAY). Delta Lloyd Nv last reported 8,597 shares in the company. Enterprise Financial Ser Corp accumulated 0% or 15 shares. Maplelane Limited Liability Company last reported 46,294 shares in the company.

Insider Transactions: Since June 1, 2016, the stock had 0 buys, and 64 selling transactions for $222.62 million net activity. $1.13M worth of Workday Inc (NYSE:WDAY) was sold by Bozzini James on Wednesday, September 28. The insider PEEK MARK S sold 5,338 shares worth $446,684. 10,000 Workday Inc (NYSE:WDAY) shares with value of $790,572 were sold by STILL GEORGE J JR. $162,491 worth of Workday Inc (NYSE:WDAY) was sold by Shaughnessy James P. On Tuesday, September 6 MCNAMARA MICHAEL M sold $612,000 worth of the stock or 6,800 shares. $890,920 worth of shares were sold by BHUSRI ANEEL on Monday, October 17. The insider DUFFIELD DAVID A sold 3,699 shares worth $292,462.

Workday, Inc. is a provider of enterprise cloud applications for finance and human resources. The company has a market cap of $17.07 billion. The Firm delivers financial management, human capital management and analytics applications designed for various companies, educational institutions and government agencies. It currently has negative earnings. It operates in the cloud applications segment.

WDAY Company Profile

Workday, Inc., incorporated on March 16, 2012, is a well-known provider of enterprise cloud applications for finance and human resources. The Firm delivers financial management, human capital management and analytics applications designed for various companies, educational institutions and government agencies. It operates in the cloud applications segment. As part of its applications, the Company provides embedded analytics that capture the content and context of everyday business events, facilitating informed decision-making from wherever users are working. The Company’s applications include Workday Financial Management, Workday Human Capital Management (HCM) and Workday Insight Applications. It also provides open, standards Web-services application programming interfaces, and pre-built packaged integrations and connectors.

More news for Workday Inc (NYSE:WDAY) were recently published by: Streetinsider.com, which released: “Form 4 Workday, Inc. For: Nov 15 Filed by: Shaughnessy James P” on November 18, 2016. Prnewswire.com‘s article titled: “Accu-Time Systems Becomes a Workday Certified Solution Partner” and published on November 14, 2016 is yet another important article.

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