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Cornerstone OnDemand (NASDAQ:CSOD) Director R C. Mark Baker sold 4,000 shares of the company’s stock on the open market in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $38.73, for a total value of $154,920.00. Following the completion of the sale, the director now directly owns 45,056 shares in the company, valued at approximately $1,745,019. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

A number of analysts have recently weighed in on CSOD shares. Analysts at Maxim Group cut their price target on shares of Cornerstone OnDemand from $40.00 to $38.00 in a research note on Thursday, August 7th. They now have a “hold” rating on the stock. Analysts at Goldman Sachs cut their price target on shares of Cornerstone OnDemand from $59.00 to $55.00 in a research note on Thursday, May 22nd. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $58.92.

Cornerstone OnDemand (NASDAQ:CSOD) traded down 3.11% on Wednesday, hitting $37.03. 385,558 shares of the company’s stock traded hands. Cornerstone OnDemand has a 52-week low of $32.82 and a 52-week high of $61.85. The stock has a 50-day moving average of $40.67 and a 200-day moving average of $45.10. The company’s market cap is $1.977 billion.

Cornerstone OnDemand (NASDAQ:CSOD) last posted its quarterly earnings results on Wednesday, August 6th. The company reported ($0.11) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.08) by $0.03. The company had revenue of $61.50 million for the quarter, compared to the consensus estimate of $63.57 million. During the same quarter last year, the company posted ($0.07) earnings per share. Cornerstone OnDemand’s revenue was up 38.8% compared to the same quarter last year. Analysts expect that Cornerstone OnDemand will post $-0.24 EPS 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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