Shares of Cornerstone OnDemand, Inc. (NASDAQ:CSOD) have been given an average rating of “Hold” by the sixteen analysts that are presently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, six have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $44.09.

Several equities research analysts have commented on the stock. B. Riley reiterated a “buy” rating and issued a $47.00 price target on shares of Cornerstone OnDemand in a research report on Friday, August 4th. Mitsubishi UFJ Financial Group restated a “neutral” rating on shares of Cornerstone OnDemand in a report on Thursday, August 3rd. Zacks Investment Research downgraded Cornerstone OnDemand from a “hold” rating to a “sell” rating in a report on Wednesday, August 9th. Piper Jaffray Companies restated an “overweight” rating and set a $46.00 price objective (down previously from $50.00) on shares of Cornerstone OnDemand in a report on Friday, August 4th. Finally, BidaskClub upgraded Cornerstone OnDemand from a “sell” rating to a “hold” rating in a report on Wednesday, July 19th.

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Cornerstone OnDemand (NASDAQ CSOD) traded up 2.52% during midday trading on Tuesday, hitting $35.86. 560,320 shares of the company’s stock traded hands. Cornerstone OnDemand has a 52 week low of $30.31 and a 52 week high of $47.75. The company’s market capitalization is $2.06 billion. The company has a 50 day moving average of $36.80 and a 200-day moving average of $38.00.

Cornerstone OnDemand (NASDAQ:CSOD) last issued its quarterly earnings results on Thursday, August 3rd. The software maker reported ($0.29) EPS for the quarter, missing the 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 million. The company’s revenue was up 9.1% compared to the same quarter last year. Equities research analysts predict that Cornerstone OnDemand will post $0.39 earnings per share for the current year.

In other news, CEO Adam L. Miller sold 30,000 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer now owns 3,551,070 shares in the company, valued at approximately $144,493,038.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Kirsten Maas Helvey sold 10,940 shares of the company’s stock in a transaction dated Friday, July 7th. The shares were sold at an average price of $34.11, for a total value of $373,163.40. Following the completion of the transaction, the chief operating officer now owns 78,842 shares in the company, valued at approximately $2,689,300.62. The disclosure for this sale can be found here. Insiders sold a total of 93,820 shares of company stock worth $3,515,104 in the last quarter. 12.60% of the stock is owned by corporate insiders.

Several institutional investors have recently modified their holdings of CSOD. Principal Financial Group Inc. increased its position in shares of Cornerstone OnDemand by 1.3% in the second quarter. Principal Financial Group Inc. now owns 7,306 shares of the software maker’s stock worth $261,000 after buying an additional 95 shares in the last quarter. Ameritas Investment Partners Inc. increased its position in shares of Cornerstone OnDemand by 5.1% in the second quarter. Ameritas Investment Partners Inc. now owns 4,572 shares of the software maker’s stock worth $163,000 after buying an additional 223 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of Cornerstone OnDemand by 1.2% in the first quarter. Massachusetts Financial Services Co. MA now owns 19,530 shares of the software maker’s stock worth $760,000 after buying an additional 232 shares in the last quarter. Prudential Financial Inc. increased its position in shares of Cornerstone OnDemand by 2.5% in the second quarter. Prudential Financial Inc. now owns 10,678 shares of the software maker’s stock worth $382,000 after buying an additional 260 shares in the last quarter. Finally, Macquarie Group Ltd. increased its position in shares of Cornerstone OnDemand by 0.8% in the second quarter. Macquarie Group Ltd. now owns 45,300 shares of the software maker’s stock worth $1,619,000 after buying an additional 344 shares in the last quarter. Institutional investors own 91.75% of the company’s stock.

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.

Analyst Recommendations for Cornerstone OnDemand (NASDAQ:CSOD)

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