Dayforce Inc (NYSE:DAY - Get Free Report) COO Stephen H. Holdridge sold 1,000 shares of Dayforce stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $76.26, for a total value of $76,260.00. Following the sale, the chief operating officer now directly owns 121,022 shares of the company's stock, valued at approximately $9,229,137.72. This represents a 0.82 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Dayforce Price Performance
Shares of DAY stock opened at $74.81 on Wednesday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.15 and a quick ratio of 1.15. The firm's 50-day moving average is $65.80 and its two-hundred day moving average is $58.27. Dayforce Inc has a 12 month low of $47.08 and a 12 month high of $81.32. The company has a market capitalization of $11.80 billion, a PE ratio of 226.70, a price-to-earnings-growth ratio of 3.50 and a beta of 1.27.
Hedge Funds Weigh In On Dayforce
A number of institutional investors have recently bought and sold shares of DAY. Candriam S.C.A. purchased a new position in Dayforce during the second quarter worth about $6,027,000. New Mexico Educational Retirement Board acquired a new stake in shares of Dayforce during the second quarter valued at about $392,000. Acadian Asset Management LLC acquired a new stake in shares of Dayforce during the second quarter valued at about $287,000. Prudential PLC acquired a new stake in shares of Dayforce during the second quarter valued at about $490,000. Finally, Texas Permanent School Fund Corp acquired a new stake in shares of Dayforce during the second quarter valued at about $1,281,000.
Analysts Set New Price Targets
Missed Nvidia? Watch this ASAP
From Brownstone Research | Ad
This little-known project that Bill Gates has been quietly working on that’s about to unleash an AI breakthrough so advanced, it’s going to make ChatGPT look like VHS.
But what’s even more unbelievable?
I believe it’ll make Nvidia’s meteoric rise look like a backyard bottle rocket.
Click here and I’ll tell you everything you need to know.
DAY has been the subject of a number of research reports. Needham & Company LLC lifted their target price on Dayforce from $82.00 to $95.00 and gave the stock a "buy" rating in a report on Wednesday, November 13th. TD Cowen upped their price objective on shares of Dayforce from $58.00 to $62.00 and gave the company a "hold" rating in a report on Monday, October 7th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Dayforce from $70.00 to $75.00 and gave the stock a "buy" rating in a report on Thursday, August 1st. BMO Capital Markets upped their price target on shares of Dayforce from $80.00 to $90.00 and gave the company an "outperform" rating in a report on Wednesday, November 13th. Finally, Citigroup lifted their price objective on Dayforce from $75.00 to $81.00 and gave the company a "buy" rating in a research note on Thursday, October 31st. Six investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, Dayforce has a consensus rating of "Moderate Buy" and a consensus target price of $78.77.
Check Out Our Latest Stock Report on Dayforce
Dayforce Company Profile
(
Get Free Report)
Dayforce Inc, together with its subsidiaries, operates as a human capital management (HCM) software company in the United States, Canada, and internationally. It offers Dayforce, a cloud HCM platform that provides human resources, payroll and tax, workforce management, wallet, benefits, and talent intelligence functionalities; and Powerpay, a cloud HR and payroll solution for the small business market.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
