Tudor Investment Corp ET AL boosted its stake in shares of Cornerstone OnDemand, Inc. (NASDAQ:CSOD) by 69.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 27,250 shares of the software maker’s stock after acquiring an additional 11,206 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Cornerstone OnDemand were worth $974,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Balyasny Asset Management LLC acquired a new stake in Cornerstone OnDemand in the second quarter valued at approximately $4,434,000. Voya Investment Management LLC grew its holdings in Cornerstone OnDemand by 29.2% in the second quarter. Voya Investment Management LLC now owns 404,770 shares of the software maker’s stock valued at $14,470,000 after purchasing an additional 91,575 shares during the period. OxFORD Asset Management LLP grew its holdings in Cornerstone OnDemand by 8.7% in the second quarter. OxFORD Asset Management LLP now owns 47,917 shares of the software maker’s stock valued at $1,713,000 after purchasing an additional 3,839 shares during the period. Global Endowment Management LP grew its holdings in Cornerstone OnDemand by 11.4% in the second quarter. Global Endowment Management LP now owns 20,540 shares of the software maker’s stock valued at $734,000 after purchasing an additional 2,100 shares during the period. Finally, potrero capital research llc grew its holdings in Cornerstone OnDemand by 5.3% in the second quarter. potrero capital research llc now owns 143,683 shares of the software maker’s stock valued at $5,137,000 after purchasing an additional 7,235 shares during the period. Institutional investors own 91.65% of the company’s stock.

Several analysts have commented on the company. Mitsubishi UFJ Financial Group reissued a “neutral” rating on shares of Cornerstone OnDemand in a report on Thursday, August 3rd. B. Riley reissued a “buy” rating and issued a $47.00 price objective on shares of Cornerstone OnDemand in a report on Friday, August 4th. Zacks Investment Research lowered Cornerstone OnDemand from a “hold” rating to a “sell” rating in a report on Wednesday, August 9th. Piper Jaffray Companies reissued an “overweight” rating and issued a $46.00 price objective (down from $50.00) on shares of Cornerstone OnDemand in a report on Friday, August 4th. Finally, BidaskClub raised Cornerstone OnDemand from a “sell” rating to a “hold” rating in a report on Wednesday, July 19th. Three research analysts have rated the stock with a sell rating, six have issued a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Cornerstone OnDemand presently has a consensus rating of “Hold” and an average target price of $43.42.

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Shares of Cornerstone OnDemand, Inc. (NASDAQ:CSOD) opened at 40.78 on Friday. The stock has a 50 day moving average price of $37.24 and a 200-day moving average price of $37.44. The firm’s market capitalization is $2.35 billion. Cornerstone OnDemand, Inc. has a 52 week low of $30.31 and a 52 week high of $44.77.

Cornerstone OnDemand (NASDAQ:CSOD) last released its quarterly earnings data on Thursday, August 3rd. The software maker reported ($0.29) earnings per share for the quarter, missing the consensus estimate of ($0.20) by ($0.09). Cornerstone OnDemand had a negative net margin of 15.39% and a negative return on equity of 182.51%. The firm had revenue of $116.70 million during the quarter, compared to analysts’ expectations of $117.00 million. The firm’s quarterly revenue was up 9.1% on a year-over-year basis. On average, analysts anticipate that Cornerstone OnDemand, Inc. will post $0.39 EPS for the current year.

In related news, CEO Adam L. Miller sold 30,000 shares of the firm’s stock in a transaction that occurred on Thursday, July 27th. The stock was sold at an average price of $40.69, for a total value of $1,220,700.00. Following the completion of the transaction, the chief executive officer now directly owns 3,551,070 shares of the company’s stock, valued at approximately $144,493,038.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Vincent Belliveau sold 11,660 shares of the firm’s stock in a transaction that occurred on Thursday, July 20th. The shares were sold at an average price of $40.00, for a total value of $466,400.00. Following the completion of the transaction, the executive vice president now directly owns 237,043 shares of the company’s stock, valued at $9,481,720. The disclosure for this sale can be found here. Insiders sold a total of 75,660 shares of company stock valued at $3,071,680 over the last ninety days. 12.60% of the stock is currently owned by company insiders.

Cornerstone OnDemand 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.

Institutional Ownership by Quarter for Cornerstone OnDemand (NASDAQ:CSOD)

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