Cornerstone OnDemand, Inc. (NASDAQ:CSOD) Director R C. Mark Baker sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, July 20th. The shares were sold at an average price of $39.87, for a total value of $79,740.00. Following the completion of the sale, the director now owns 26,850 shares in the company, valued at $1,070,509.50. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Cornerstone OnDemand, Inc. (NASDAQ CSOD) traded up 1.10% on Monday, reaching $40.44. The company’s stock had a trading volume of 444,605 shares. Cornerstone OnDemand, Inc. has a 12 month low of $30.31 and a 12 month high of $47.75. The firm’s 50 day moving average is $36.90 and its 200-day moving average is $39.06. The firm’s market cap is $2.30 billion.

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

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A number of equities research analysts recently commented on CSOD shares. Zacks Investment Research lowered Cornerstone OnDemand from a “buy” rating to a “hold” rating in a research report on Tuesday, April 18th. Credit Suisse Group restated a “hold” rating and set a $43.00 price target on shares of Cornerstone OnDemand in a research report on Friday, May 5th. Wells Fargo & Company started coverage on Cornerstone OnDemand in a research report on Thursday, May 11th. They set a “market perform” rating and a $37.00 price target on the stock. Needham & Company LLC restated a “buy” rating and set a $48.00 price target on shares of Cornerstone OnDemand in a research report on Wednesday, May 3rd. Finally, Barclays PLC lowered Cornerstone OnDemand from an “equal weight” rating to an “underweight” rating and decreased their price target for the stock from $46.00 to $32.00 in a research report on Tuesday, June 20th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $44.80.

Hedge funds have recently bought and sold shares of the company. Ameritas Investment Partners Inc. bought a new stake in Cornerstone OnDemand during the first quarter worth $169,000. Gradient Investments LLC bought a new stake in Cornerstone OnDemand during the second quarter worth $177,000. Oppenheimer Asset Management Inc. bought a new stake in Cornerstone OnDemand during the first quarter worth $219,000. Engineers Gate Manager LP bought a new stake in Cornerstone OnDemand during the first quarter worth $237,000. Finally, Principal Financial Group Inc. boosted its stake in Cornerstone OnDemand by 1.3% in the first quarter. Principal Financial Group Inc. now owns 7,211 shares of the software maker’s stock worth $280,000 after buying an additional 96 shares during the last quarter. 90.43% of the stock is currently owned by hedge funds and other institutional investors.

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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