Rep. April McClain Delaney Sells Off Shares of Dayforce Inc (NYSE:DAY)

Representative April McClain Delaney (D-Maryland) recently sold shares of Dayforce Inc NYSE: DAY. In a filing disclosed on June 02nd, the Representative disclosed that they had sold between $1,001 and $15,000 in Dayforce stock on May 7th.

Representative April McClain Delaney also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Fortune Brands Innovations NYSE: FBIN on 5/29/2025.
• Sold $1,001 - $15,000 in shares of Toro NYSE: TTC on 5/28/2025.
• Sold $1,001 - $15,000 in shares of Dayforce NYSE: DAY on 5/27/2025.
• Purchased $1,001 - $15,000 in shares of Markel Group NYSE: MKL on 5/27/2025.
• Purchased $1,001 - $15,000 in shares of Tractor Supply NASDAQ: TSCO on 5/27/2025.
• Purchased $1,001 - $15,000 in shares of Markel Group NYSE: MKL on 5/13/2025.
• Purchased $1,001 - $15,000 in shares of Tractor Supply NASDAQ: TSCO on 5/13/2025.
• Purchased $1,001 - $15,000 in shares of Markel Group NYSE: MKL on 5/7/2025.
• Purchased $1,001 - $15,000 in shares of Tractor Supply NASDAQ: TSCO on 5/5/2025.
• Sold $1,001 - $15,000 in shares of Toro NYSE: TTC on 4/29/2025.

Dayforce Trading Down 1.3%

Shares of NYSE DAY traded down $0.76 during mid-day trading on Thursday, hitting $59.14. The stock had a trading volume of 1,496,099 shares, compared to its average volume of 1,985,387. The business has a 50 day moving average price of $56.78 and a two-hundred day moving average price of $64.77. Dayforce Inc has a 1 year low of $47.08 and a 1 year high of $82.69. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.15 and a current ratio of 1.13. The firm has a market cap of $9.45 billion, a P/E ratio of 537.65, a price-to-earnings-growth ratio of 2.49 and a beta of 1.12.

Hedge Funds Weigh In On Dayforce

Large investors have recently made changes to their positions in the business. Smartleaf Asset Management LLC increased its position in Dayforce by 69.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,227 shares of the company's stock valued at $89,000 after buying an additional 501 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Dayforce by 31.8% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 19,028 shares of the company's stock worth $1,398,000 after acquiring an additional 4,596 shares during the last quarter. Proficio Capital Partners LLC bought a new position in shares of Dayforce during the fourth quarter valued at $1,314,000. Raymond James Financial Inc. purchased a new position in shares of Dayforce in the 4th quarter worth about $1,764,000. Finally, Pacer Advisors Inc. raised its position in shares of Dayforce by 20.0% in the 4th quarter. Pacer Advisors Inc. now owns 13,929 shares of the company's stock worth $1,012,000 after purchasing an additional 2,326 shares during the last quarter.

Insider Buying and Selling

In other Dayforce news, EVP Samer Alkharrat sold 1,916 shares of Dayforce stock in a transaction on Friday, April 25th. The stock was sold at an average price of $56.64, for a total value of $108,522.24. Following the completion of the sale, the executive vice president now owns 150,237 shares of the company's stock, valued at approximately $8,509,423.68. This trade represents a 1.26% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP William Everett Mcdonald sold 2,000 shares of the company's stock in a transaction on Tuesday, April 15th. The shares were sold at an average price of $56.16, for a total value of $112,320.00. Following the transaction, the executive vice president now directly owns 105,691 shares in the company, valued at approximately $5,935,606.56. The trade was a 1.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. 4.50% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on DAY shares. Stifel Nicolaus decreased their price objective on shares of Dayforce from $90.00 to $85.00 and set a "buy" rating on the stock in a research report on Thursday, February 6th. Scotiabank cut their target price on Dayforce from $72.00 to $55.00 and set a "sector perform" rating on the stock in a research note on Monday, March 17th. Piper Sandler lowered their price target on Dayforce from $83.00 to $70.00 and set an "overweight" rating for the company in a research report on Wednesday, May 7th. BMO Capital Markets increased their price objective on Dayforce from $64.00 to $67.00 and gave the stock an "outperform" rating in a report on Thursday, May 8th. Finally, KeyCorp reduced their target price on Dayforce from $80.00 to $65.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 22nd. Five analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $71.57.

About Representative McClain Delaney

April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland's 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland's 6th Congressional District. She declared candidacy for the 2026 election. April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor's degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

Dayforce Company Profile

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.