Cornerstone OnDemand, Inc. (NASDAQ:CSOD) CFO Brian L. Swartz sold 2,174 shares of the company’s stock in a transaction on Friday, August 31st. The stock was sold at an average price of $57.00, for a total transaction of $123,918.00. Following the transaction, the chief financial officer now directly owns 172,305 shares in the company, valued at $9,821,385. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

NASDAQ CSOD traded up $0.33 during trading hours on Tuesday, reaching $56.89. The company’s stock had a trading volume of 472,400 shares, compared to its average volume of 527,638. The stock has a market cap of $3.32 billion, a price-to-earnings ratio of -81.24 and a beta of 0.84. Cornerstone OnDemand, Inc. has a fifty-two week low of $33.57 and a fifty-two week high of $57.00. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 6.50.

Cornerstone OnDemand (NASDAQ:CSOD) last issued its quarterly earnings data on Tuesday, August 7th. The software maker reported $0.12 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.12. The firm had revenue of $132.52 million for the quarter, compared to analysts’ expectations of $128.33 million. Cornerstone OnDemand had a negative net margin of 10.03% and a negative return on equity of 79.03%. research analysts expect that Cornerstone OnDemand, Inc. will post -0.31 earnings per share for the current year.

A number of equities analysts have recently weighed in on the stock. Barclays upped their price target on shares of Cornerstone OnDemand from $38.00 to $40.00 and gave the stock an “underweight” rating in a research note on Wednesday, August 8th. ValuEngine raised shares of Cornerstone OnDemand from a “hold” rating to a “buy” rating in a research note on Friday, August 10th. Zacks Investment Research cut shares of Cornerstone OnDemand from a “hold” rating to a “sell” rating in a research note on Friday, August 10th. Needham & Company LLC upped their price target on shares of Cornerstone OnDemand to $65.00 and gave the stock a “strong-buy” rating in a research note on Monday, July 23rd. Finally, Mitsubishi UFJ Financial Group upped their price target on shares of Cornerstone OnDemand to $48.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 14th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $54.00.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Global X Management Co LLC acquired a new stake in Cornerstone OnDemand in the 2nd quarter valued at about $167,000. Verition Fund Management LLC acquired a new stake in Cornerstone OnDemand in the 2nd quarter valued at about $305,000. California Public Employees Retirement System grew its stake in Cornerstone OnDemand by 123.7% in the 2nd quarter. California Public Employees Retirement System now owns 82,074 shares of the software maker’s stock valued at $3,893,000 after acquiring an additional 45,384 shares during the last quarter. Castleark Management LLC acquired a new stake in Cornerstone OnDemand in the 2nd quarter valued at about $12,364,000. Finally, Impax Asset Management LLC acquired a new stake in Cornerstone OnDemand in the 2nd quarter valued at about $761,000. 91.72% of the stock is currently owned by hedge funds and other institutional investors.

Cornerstone OnDemand Company Profile

Cornerstone OnDemand, Inc, together with its subsidiaries, provides learning and human capital management software through software-as-a-service model worldwide. Its enterprise human capital management platform comprises four product suites, such as Recruiting Suite that helps organizations to source and attract candidates, assess and select applicants, onboard new hires, and manage the entire recruiting process; Learning Suite, which enables clients to manage training and development programs, knowledge sharing and collaboration among employees, track compliance requirements, and support career development for employees; Performance Suite that provides tools to manage goal setting, performance reviews, competency assessments, development plans, continuous feedback, compensation management, and succession planning; and HR Administration Suite, which supports employee records administration, organizational management, employee and manager self-service, workforce planning, and compliance reporting.

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

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