Dayforce is in talks with Thoma Bravo for a potential acquisition at US$70 per share, pending further developments.
Quiver AI Summary
Dayforce, Inc. has announced that it is in advanced discussions with Thoma Bravo regarding a potential acquisition of the company at a price of US$70 per share. The company stated that there are no guarantees of reaching an agreement or the specifics of any potential deal. Dayforce will not provide further updates unless necessary. The press release also includes forward-looking statements that carry risks and uncertainties related to the potential transaction. Dayforce emphasizes its commitment to enhancing the work life of millions through its human capital management technology and encourages interested parties to learn more on their website.
Potential Positives
- Dayforce is engaged in advanced discussions for a potential acquisition by Thoma Bravo at a valuation of US$70 per share, which could reflect positively on the company's perceived value.
- The announcement indicates that Dayforce is actively exploring strategic options, which could signal to investors that the company is focused on maximizing shareholder value.
- The press release highlights Dayforce's leadership in human capital management (HCM), emphasizing its commitment to improving work life, which can strengthen brand reputation and attract new customers.
Potential Negatives
- Uncertainty about the potential acquisition may lead to volatility in stock prices, as there are no assurances of a successful agreement or favorable terms.
- The lack of additional comments or updates from Dayforce could create speculation and concerns among investors and stakeholders about the company's future direction.
- Risks and uncertainties associated with the forward-looking statements may raise doubts about the company’s operational stability and growth prospects.
FAQ
What is the current acquisition status of Dayforce?
Dayforce is in advanced discussions with Thoma Bravo regarding a potential acquisition for US$70 per share.
Who is Thoma Bravo?
Thoma Bravo is a private equity firm engaged in discussions to potentially acquire Dayforce.
Will Dayforce provide updates on the acquisition?
Dayforce does not intend to comment further unless disclosure is required or appropriate.
What are forward-looking statements?
Forward-looking statements are projections about future events or performance that involve risks and uncertainties.
What is Dayforce's mission?
Dayforce aims to improve work life through its AI-powered human capital management technology for organizations worldwide.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$DAY Congressional Stock Trading
Members of Congress have traded $DAY stock 7 times in the past 6 months. Of those trades, 3 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $DAY stock by members of Congress over the last 6 months:
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 3 times. They made 3 purchases worth up to $45,000 on 07/31, 06/11, 05/13 and 0 sales.
- REPRESENTATIVE APRIL MCCLAIN DELANEY has traded it 4 times. They made 0 purchases and 4 sales worth up to $95,000 on 05/27, 05/07, 04/28, 03/18.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$DAY Insider Trading Activity
$DAY insiders have traded $DAY stock on the open market 12 times in the past 6 months. Of those trades, 0 have been purchases and 12 have been sales.
Here’s a breakdown of recent trading of $DAY stock by insiders over the last 6 months:
- SAMER ALKHARRAT (EVP, Chief Revenue Officer) has made 0 purchases and 5 sales selling 14,728 shares for an estimated $863,199.
- STEPHEN H. HOLDRIDGE (President, COO) has made 0 purchases and 4 sales selling 8,000 shares for an estimated $449,640.
- WILLIAM EVERETT MCDONALD (EVP, CLO, & Secretary) has made 0 purchases and 3 sales selling 6,058 shares for an estimated $336,630.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$DAY Hedge Fund Activity
We have seen 186 institutional investors add shares of $DAY stock to their portfolio, and 271 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PRICE T ROWE ASSOCIATES INC /MD/ added 8,418,983 shares (+50.7%) to their portfolio in Q2 2025, for an estimated $466,327,468
- CAPITAL RESEARCH GLOBAL INVESTORS removed 6,072,133 shares (-63.9%) from their portfolio in Q2 2025, for an estimated $336,335,446
- SELECT EQUITY GROUP, L.P. removed 2,885,686 shares (-53.1%) from their portfolio in Q2 2025, for an estimated $159,838,147
- EDGEPOINT INVESTMENT GROUP INC. added 2,383,969 shares (+17.2%) to their portfolio in Q2 2025, for an estimated $132,048,042
- JANUS HENDERSON GROUP PLC added 2,025,215 shares (+31.8%) to their portfolio in Q2 2025, for an estimated $112,176,658
- BLACKROCK, INC. removed 1,436,550 shares (-12.7%) from their portfolio in Q2 2025, for an estimated $79,570,504
- ARTISAN PARTNERS LIMITED PARTNERSHIP removed 986,504 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $57,542,778
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$DAY Analyst Ratings
Wall Street analysts have issued reports on $DAY in the last several months. We have seen 6 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Needham issued a "Buy" rating on 06/30/2025
- Wells Fargo issued a "Underweight" rating on 06/13/2025
- UBS issued a "Buy" rating on 06/05/2025
- Citigroup issued a "Buy" rating on 05/08/2025
- Piper Sandler issued a "Overweight" rating on 05/07/2025
- Keybanc issued a "Overweight" rating on 04/22/2025
- Mizuho issued a "Outperform" rating on 04/15/2025
To track analyst ratings and price targets for $DAY, check out Quiver Quantitative's $DAY forecast page.
$DAY Price Targets
Multiple analysts have issued price targets for $DAY recently. We have seen 10 analysts offer price targets for $DAY in the last 6 months, with a median target of $67.5.
Here are some recent targets:
- Raimo Lenschow from Barclays set a target price of $61.0 on 08/07/2025
- Scott Berg from Needham set a target price of $95.0 on 06/30/2025
- Michael Turrin from Wells Fargo set a target price of $50.0 on 06/13/2025
- An analyst from UBS set a target price of $72.0 on 06/05/2025
- Samad Samana from Jefferies set a target price of $65.0 on 05/23/2025
- Steven Enders from Citigroup set a target price of $70.0 on 05/08/2025
- Arvind Ramnani from Piper Sandler set a target price of $70.0 on 05/07/2025
Full Release
MINNEAPOLIS and TORONTO, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Dayforce, Inc. (NYSE: DAY; TSX: DAY), a global human capital management (HCM) leader that makes work life better, announced today that it is engaged in advanced discussions with Thoma Bravo regarding a potential acquisition of Dayforce by Thoma Bravo for US$70 per share. There can be no assurances as to whether an agreement for a transaction will be reached or as to the price or terms of any such transaction.
Dayforce stated that it does not intend to make additional comments or provide an update on this matter unless and until they determine that disclosure is required or otherwise appropriate.
Forward-Looking Statements
This press release contains forward-looking statements that are subject to risks and uncertainties. All statements other than statements of historical fact or relating to present facts or current conditions included in this press release are forward looking statements. Users can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as “anticipate,” “estimate,” “expect,” "assume", “project,” “seek,” “plan,” “intend,” “believe,” “will,” “may,” “could,” “continue,” “likely,” “should,” and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events, but not all forward-looking statements contain these identifying words. The forward-looking statements contained in this press release involve risks and uncertainties (many of which are beyond its control) including that any agreement with respect to a potential transaction between Dayforce and Thoma Bravo will be reached, that any potential transaction may or may not be consummated, and the timing, terms or conditions relating to any such potential transaction. Any forward-looking statement made by Dayforce or Thoma Bravo in this press release speaks only as of the date on which it is made. Neither Dayforce nor Thoma Bravo undertakes any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
About Dayforce
Dayforce makes work life better. Everything we do as a global leader in HCM technology is focused on enabling thousands of customers and millions of employees around the world do the work they're meant to do. With our single AI-powered people platform for HR, Pay, Time, Talent, and Analytics, organizations of all sizes and industries are benefiting from simplicity at scale with Dayforce to help unlock their full workforce potential, operate with confidence, and realize quantifiable value. To learn more, visit dayforce.com.
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