Cornerstone OnDemand (NASDAQ:CSOD) is scheduled to issue its quarterly earnings data after the market closes on Monday, February 12th. Analysts expect the company to announce earnings of $0.21 per share for the quarter.
Shares of Cornerstone OnDemand (NASDAQ:CSOD) opened at $39.93 on Monday. The stock has a market cap of $2,311.99, a P/E ratio of -31.94 and a beta of 0.57. Cornerstone OnDemand has a 52-week low of $33.24 and a 52-week high of $44.25.
Cornerstone OnDemand announced that its board has initiated a stock buyback program on Wednesday, November 8th that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the software maker to reacquire shares of its stock through open market purchases. Stock buyback programs are often a sign that the company’s management believes its stock is undervalued.
In other Cornerstone OnDemand news, CEO Adam L. Miller sold 30,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 25th. The shares were sold at an average price of $41.71, for a total value of $1,251,300.00. Following the sale, the chief executive officer now owns 3,502,640 shares in the company, valued at $146,095,114.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Joseph P. Payne bought 3,000 shares of the business’s stock in a transaction on Monday, November 13th. The stock was bought at an average price of $34.32 per share, for a total transaction of $102,960.00. The disclosure for this purchase can be found here. Insiders sold 36,000 shares of company stock worth $1,466,580 in the last 90 days. Company insiders own 12.60% of the company’s stock.
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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.
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