Cornerstone OnDemand Inc. Sets New 1-Year High at $58.13 (CSOD)
Cornerstone OnDemand (NASDAQ:CSOD) set a new 52-week high during trading hours on Friday, Analyst Ratings.Net reports. The company traded as high as $58.13 and last traded at $57.49, with a volume of 243,465 shares. The stock had previously closed at $56.78.
A number of analysts have recently weighed in on CSOD shares. Analysts at Northland Capital Partners raised their price target on shares of Cornerstone OnDemand from $58.00 to $62.00 in a research note to investors on Wednesday, January 15th. They now have an “outperform” rating on the stock. Separately, analysts at Barclays raised their price target on shares of Cornerstone OnDemand from $60.00 to $65.00 in a research note to investors on Friday, January 10th. Finally, analysts at Janney Montgomery Scott initiated coverage on shares of Cornerstone OnDemand in a research note to investors on Wednesday, December 11th. They set a “neutral” rating on the stock. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Cornerstone OnDemand has an average rating of “Buy” and an average target price of $53.67.
In other Cornerstone OnDemand news, CEO Adam L. Miller sold 12,800 shares of the company’s stock on the open market in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $55.21, for a total value of $706,688.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Cornerstone OnDemand has a 1-year low of $30.14 and a 1-year high of $57.99. The stock’s 50-day moving average is $53.93 and its 200-day moving average is $50.65. The company’s market cap is $2.968 billion.
Cornerstone OnDemand, Inc is a provider of talent management solutions delivered as Software-as-a-Service (NASDAQ:CSOD).
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