Kirsten Maas Helvey Sells 2,694 Shares of Cornerstone OnDemand, Inc. (CSOD) Stock
Cornerstone OnDemand, Inc. (NASDAQ:CSOD) COO Kirsten Maas Helvey sold 2,694 shares of the firm’s stock in a transaction that occurred on Tuesday, March 6th. The shares were sold at an average price of $43.35, for a total value of $116,784.90. Following the completion of the sale, the chief operating officer now directly owns 144,568 shares of the company’s stock, valued at $6,267,022.80. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
Cornerstone OnDemand, Inc. (NASDAQ:CSOD) opened at $45.57 on Friday. Cornerstone OnDemand, Inc. has a one year low of $33.24 and a one year high of $45.57. The firm has a market capitalization of $2,612.03, a P/E ratio of -42.19 and a beta of 0.55. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 12.89.
Cornerstone OnDemand (NASDAQ:CSOD) last released its quarterly earnings data on Tuesday, February 13th. The software maker reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.02). Cornerstone OnDemand had a negative net margin of 12.73% and a negative return on equity of 140.92%. The firm had revenue of $131.96 million during the quarter, compared to analysts’ expectations of $132.12 million. equities analysts predict that Cornerstone OnDemand, Inc. will post -0.4 earnings per share for the current fiscal year.
CSOD has been the subject of several recent analyst reports. Bank of America raised Cornerstone OnDemand from a “neutral” rating to a “buy” rating and raised their price target for the company from $42.00 to $48.00 in a report on Monday, January 22nd. Piper Jaffray Companies reissued a “hold” rating and issued a $44.00 price target on shares of Cornerstone OnDemand in a report on Tuesday, January 23rd. BidaskClub raised Cornerstone OnDemand from a “hold” rating to a “buy” rating in a report on Wednesday, February 21st. Zacks Investment Research cut Cornerstone OnDemand from a “buy” rating to a “hold” rating in a report on Thursday, January 18th. Finally, Credit Suisse Group reissued a “buy” rating and issued a $49.00 price target on shares of Cornerstone OnDemand in a report on Thursday, January 18th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the stock. Cornerstone OnDemand has an average rating of “Hold” and a consensus price target of $43.00.
TRADEMARK VIOLATION WARNING: “Kirsten Maas Helvey Sells 2,694 Shares of Cornerstone OnDemand, Inc. (CSOD) Stock” was first posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this article on another site, it was illegally stolen and reposted in violation of United States & international trademark and copyright laws. The original version of this article can be accessed at https://www.thecerbatgem.com/2018/03/11/kirsten-maas-helvey-sells-2694-shares-of-cornerstone-ondemand-inc-csod-stock.html.
About Cornerstone OnDemand
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.
Receive News & Ratings for Cornerstone OnDemand Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cornerstone OnDemand and related companies with MarketBeat.com's FREE daily email newsletter.