Cornerstone OnDemand, Inc. (NASDAQ:CSOD) CEO Adam L. Miller sold 6,000 shares of the firm’s stock in a transaction on Thursday, October 5th. The shares were sold at an average price of $40.81, for a total transaction of $244,860.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of Cornerstone OnDemand, Inc. (CSOD) traded up 0.17% during mid-day trading on Friday, reaching $40.85. 504,211 shares of the company’s stock traded hands. The stock’s market cap is $2.35 billion. The firm’s 50 day moving average price is $37.43 and its 200-day moving average price is $37.45. Cornerstone OnDemand, Inc. has a 12-month low of $30.31 and a 12-month high of $44.77.

Cornerstone OnDemand (NASDAQ:CSOD) last issued its quarterly earnings data 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). Cornerstone OnDemand had a negative return on equity of 182.51% and a negative net margin of 15.39%. The business had revenue of $116.70 million during the quarter, compared to the consensus estimate of $117.00 million. The company’s revenue was up 9.1% on a year-over-year basis. Equities research analysts forecast that Cornerstone OnDemand, Inc. will post $0.39 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: “Adam L. Miller Sells 6,000 Shares of Cornerstone OnDemand, Inc. (CSOD) Stock” was originally reported by Watch List News and is the property of of Watch List News. If you are reading this article on another website, it was copied illegally and republished in violation of U.S. and international copyright legislation. The original version of this article can be accessed at https://www.watchlistnews.com/adam-l-miller-sells-6000-shares-of-cornerstone-ondemand-inc-csod-stock/1613897.html.

Several large investors have recently modified their holdings of the company. Principal Financial Group Inc. lifted its stake in shares of Cornerstone OnDemand by 1.3% in the 2nd quarter. Principal Financial Group Inc. now owns 7,306 shares of the software maker’s stock worth $261,000 after purchasing an additional 95 shares during the period. Ameritas Investment Partners Inc. lifted its stake in shares of Cornerstone OnDemand by 5.1% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 4,572 shares of the software maker’s stock worth $163,000 after purchasing an additional 223 shares during the period. Massachusetts Financial Services Co. MA lifted its stake in shares of Cornerstone OnDemand by 1.2% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 19,530 shares of the software maker’s stock worth $760,000 after purchasing an additional 232 shares during the period. Prudential Financial Inc. lifted its stake in shares of Cornerstone OnDemand by 2.5% in the 2nd quarter. Prudential Financial Inc. now owns 10,678 shares of the software maker’s stock worth $382,000 after purchasing an additional 260 shares during the period. Finally, Macquarie Group Ltd. lifted its stake in shares of Cornerstone OnDemand by 0.8% in the 2nd quarter. Macquarie Group Ltd. now owns 45,300 shares of the software maker’s stock worth $1,619,000 after purchasing an additional 344 shares during the period. Hedge funds and other institutional investors own 91.65% of the company’s stock.

CSOD has been the topic of a number of recent research reports. B. Riley reaffirmed a “buy” rating and issued a $47.00 price objective on shares of Cornerstone OnDemand in a research note on Friday, August 4th. BidaskClub raised shares of Cornerstone OnDemand from a “sell” rating to a “hold” rating in a research note on Wednesday, July 19th. Mitsubishi UFJ Financial Group reaffirmed a “neutral” rating on shares of Cornerstone OnDemand in a research note on Thursday, August 3rd. Credit Suisse Group AG raised shares of Cornerstone OnDemand from a “neutral” rating to an “outperform” rating and raised their price objective for the company from $43.00 to $49.00 in a research note on Wednesday, July 19th. Finally, Piper Jaffray Companies reaffirmed an “overweight” rating and issued a $46.00 price objective (down from $50.00) on shares of Cornerstone OnDemand in a research note on Friday, August 4th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $43.42.

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)

Receive News & Ratings for Cornerstone OnDemand Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cornerstone OnDemand Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.