Cornerstone OnDemand CFO Perry Wallack Unloads 17,500 Shares (CSOD)
Cornerstone OnDemand (NASDAQ:CSOD) CFO Perry Wallack sold 17,500 shares of the stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $54.01, for a total transaction of $945,175.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Several analysts have recently commented on the stock. Analysts at Credit Suisse raised their price target on shares of Cornerstone OnDemand (NASDAQ:CSOD) from $51.00 to $57.00 in a research note to investors on Thursday, August 8th. Separately, analysts at Nomura raised their price target on shares of Cornerstone OnDemand (NASDAQ:CSOD) from $40.00 to $54.00 in a research note to investors on Wednesday, August 7th. They now have a “buy” rating on the stock. Finally, analysts at Needham & Company raised their price target on shares of Cornerstone OnDemand (NASDAQ:CSOD) from $39.00 to $55.00 in a research note to investors on Wednesday, August 7th. They now have a “buy” rating on the stock.
Four analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Cornerstone OnDemand currently has an average rating of “Buy” and an average target price of $49.10.
Cornerstone OnDemand (NASDAQ:CSOD) traded down 0.17% during mid-day trading on Monday, hitting $53.68. The stock had a trading volume of 264,514 shares. Cornerstone OnDemand has a 1-year low of $25.44 and a 1-year high of $55.47. The stock’s 50-day moving average is $50.48 and its 200-day moving average is $41.41. The company’s market cap is $2.760 billion.
Cornerstone OnDemand (NASDAQ:CSOD) last released its earnings data on Tuesday, August 6th. The company reported ($0.07) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.06) by $0.01. The company had revenue of $44.30 million for the quarter, compared to the consensus estimate of $42.08 million. During the same quarter in the previous year, the company posted ($0.09) earnings per share. The company’s revenue for the quarter was up 65.9% on a year-over-year basis. On average, analysts predict that Cornerstone OnDemand will post $-0.21 earnings per share for the current fiscal year.
Cornerstone OnDemand, Inc is a provider of talent management solutions delivered as Software-as-a-Service (NASDAQ:CSOD).
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