Ceridian HCM Holding (CDAY) Receives a Hold from Needham

Needham analyst Scott Berg maintained a Hold rating on Ceridian HCM Holding (CDAYResearch Report) today. The company’s shares closed yesterday at $63.26.

According to TipRanks, Berg is an analyst with an average return of -2.1% and a 41.79% success rate. Berg covers the Technology sector, focusing on stocks such as Paylocity, Five9, and DocuSign.

In addition to Needham, Ceridian HCM Holding also received a Hold from Barclays’s Raimo Lenschow in a report issued on November 3. However, on the same day, Cowen & Co. maintained a Buy rating on Ceridian HCM Holding (NYSE: CDAY).

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The company has a one-year high of $121.22 and a one-year low of $43.23. Currently, Ceridian HCM Holding has an average volume of 1.4M.

Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CDAY in relation to earlier this year.

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Ceridian HCM Holding, Inc. engages in the development of human capital management software. It offers Dayforce, Powerpay, and Bureau products and services. The Dayforce provides human resources (HR), payroll, benefits, workforce management, and talent management functionality. The Powerpay is a cloud HR and payroll solution for the Canadian small business market, through both direct sales and established partner channels. The Bureau solutions offer payroll and payroll-related services using legacy technology. The company was founded on July 3, 2013 and is headquartered in Minneapolis, MN.

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