Cornerstone OnDemand, Inc. (NASDAQ:CSOD) COO Kirsten Maas Helvey sold 10,940 shares of the business’s stock in a transaction that occurred on Friday, July 7th. The shares were sold at an average price of $34.11, for a total value of $373,163.40. Following the completion of the sale, the chief operating officer now owns 78,842 shares in the company, valued at approximately $2,689,300.62. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Kirsten Maas Helvey also recently made the following trade(s):

  • On Monday, July 3rd, Kirsten Maas Helvey sold 8,247 shares of Cornerstone OnDemand stock. The shares were sold at an average price of $34.46, for a total value of $284,191.62.

Cornerstone OnDemand, Inc. (NASDAQ CSOD) traded up 3.91% during midday trading on Tuesday, reaching $36.65. The company had a trading volume of 615,489 shares. The firm’s market capitalization is $2.08 billion. Cornerstone OnDemand, Inc. has a 12-month low of $30.31 and a 12-month high of $47.75. The stock’s 50 day moving average is $37.28 and its 200 day moving average is $39.60.

Cornerstone OnDemand (NASDAQ:CSOD) last issued its quarterly earnings results on Tuesday, May 2nd. The software maker reported ($0.20) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.26) by $0.06. The business had revenue of $111.58 million for the quarter, compared to analyst estimates of $110.23 million. Cornerstone OnDemand had a negative return on equity of 196.70% and a negative net margin of 14.89%. Equities research analysts expect that Cornerstone OnDemand, Inc. will post $0.41 earnings per share for the current year.

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CSOD has been the topic of several research reports. Zacks Investment Research cut Cornerstone OnDemand from a “buy” rating to a “hold” rating in a research note on Tuesday, April 18th. Needham & Company LLC restated a “buy” rating and issued a $48.00 target price on shares of Cornerstone OnDemand in a research note on Wednesday, April 19th. B. Riley restated a “buy” rating and issued a $47.00 target price on shares of Cornerstone OnDemand in a research note on Wednesday, May 3rd. Credit Suisse Group restated a “hold” rating and issued a $43.00 target price on shares of Cornerstone OnDemand in a research note on Friday, May 5th. Finally, Wells Fargo & Company assumed coverage on Cornerstone OnDemand in a research note on Thursday, May 11th. They set a “market perform” rating and a $37.00 price objective on the stock. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the company. Cornerstone OnDemand has an average rating of “Hold” and an average price target of $44.13.

Several hedge funds have recently modified their holdings of the stock. Ameritas Investment Partners Inc. purchased a new stake in shares of Cornerstone OnDemand during the first quarter valued at about $169,000. Oppenheimer Asset Management Inc. purchased a new stake in shares of Cornerstone OnDemand during the first quarter valued at about $219,000. Engineers Gate Manager LP purchased a new stake in shares of Cornerstone OnDemand during the first quarter valued at about $237,000. Principal Financial Group Inc. raised its stake in shares of Cornerstone OnDemand by 1.3% in the first quarter. Principal Financial Group Inc. now owns 7,211 shares of the software maker’s stock valued at $280,000 after buying an additional 96 shares during the last quarter. Finally, Candriam Luxembourg S.C.A. purchased a new stake in shares of Cornerstone OnDemand during the first quarter valued at about $288,000. Hedge funds and other institutional investors own 90.41% of the company’s stock.

About Cornerstone OnDemand

Cornerstone OnDemand, Inc is a cloud computing company. The Company provides learning and human capital management software, delivered as Software-as-a-Service (SaaS). Its human capital management platform combines the talent management solutions with analytics and human resources (HR) administration solutions to enable organizations to manage the employee lifecycle.

Insider Buying and Selling by Quarter for Cornerstone OnDemand (NASDAQ:CSOD)

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