Cornerstone OnDemand, Inc. (NASDAQ:CSOD) Director R C. Mark Baker sold 2,000 shares of Cornerstone OnDemand stock in a transaction on Friday, October 20th. The shares were sold at an average price of $39.88, for a total transaction of $79,760.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Cornerstone OnDemand, Inc. (NASDAQ:CSOD) traded up 0.23% during mid-day trading on Tuesday, hitting $39.58. 212,910 shares of the stock were exchanged. Cornerstone OnDemand, Inc. has a 52-week low of $30.31 and a 52-week high of $44.25. The stock’s market cap is $2.28 billion. The stock’s 50 day moving average is $38.90 and its 200 day moving average is $37.52.

Cornerstone OnDemand (NASDAQ:CSOD) last posted its quarterly earnings results on Thursday, August 3rd. The software maker reported ($0.29) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.20) by ($0.09). The business had revenue of $116.70 million during the quarter, compared to analysts’ expectations of $117.00 million. Cornerstone OnDemand had a negative return on equity of 182.51% and a negative net margin of 15.39%. Cornerstone OnDemand’s quarterly revenue was up 9.1% compared to the same quarter last year. Analysts forecast that Cornerstone OnDemand, Inc. will post $0.39 EPS for the current fiscal year.

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A number of research analysts recently weighed in on CSOD shares. B. Riley restated a “buy” rating and set a $47.00 target price on shares of Cornerstone OnDemand in a research note on Friday, August 4th. Credit Suisse Group upgraded shares of Cornerstone OnDemand from a “neutral” rating to an “outperform” rating and lifted their price target for the company from $43.00 to $49.00 in a report on Wednesday, July 19th. BidaskClub downgraded shares of Cornerstone OnDemand from a “hold” rating to a “sell” rating in a report on Thursday, July 6th. Zacks Investment Research downgraded shares of Cornerstone OnDemand from a “hold” rating to a “sell” rating in a report on Wednesday, August 9th. Finally, Piper Jaffray Companies reiterated an “overweight” rating and issued a $46.00 price target (down from $50.00) on shares of Cornerstone OnDemand in a report on Friday, August 4th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $43.42.

Several large investors have recently bought and sold shares of CSOD. Karp Capital Management Corp purchased a new position in shares of Cornerstone OnDemand in the first quarter worth about $355,000. Prudential Financial Inc. purchased a new position in shares of Cornerstone OnDemand in the first quarter worth about $405,000. American International Group Inc. lifted its stake in shares of Cornerstone OnDemand by 5.3% in the first quarter. American International Group Inc. now owns 30,490 shares of the software maker’s stock worth $1,186,000 after buying an additional 1,531 shares in the last quarter. Neuberger Berman Group LLC lifted its stake in shares of Cornerstone OnDemand by 7.1% in the first quarter. Neuberger Berman Group LLC now owns 7,685 shares of the software maker’s stock worth $299,000 after buying an additional 508 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its stake in shares of Cornerstone OnDemand by 13.4% in the first quarter. Alliancebernstein L.P. now owns 136,600 shares of the software maker’s stock worth $5,312,000 after buying an additional 16,090 shares in the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

Cornerstone OnDemand Company Profile

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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