Cornerstone OnDemand, Inc. (NASDAQ:CSOD) insider Adam J. Weiss sold 2,000 shares of the stock in a transaction dated Thursday, November 15th. The stock was sold at an average price of $49.83, for a total transaction of $99,660.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

CSOD opened at $47.49 on Tuesday. The stock has a market cap of $3.00 billion, a P/E ratio of -67.84 and a beta of 1.05. Cornerstone OnDemand, Inc. has a fifty-two week low of $34.32 and a fifty-two week high of $59.18. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 5.29.

Cornerstone OnDemand (NASDAQ:CSOD) last released its quarterly earnings data on Wednesday, November 7th. The software maker reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.05. The firm had revenue of $134.00 million for the quarter, compared to analyst estimates of $130.07 million. Cornerstone OnDemand had a negative net margin of 7.46% and a negative return on equity of 41.67%. Cornerstone OnDemand’s quarterly revenue was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.12 earnings per share. Sell-side analysts predict that Cornerstone OnDemand, Inc. will post -0.2 earnings per share for the current fiscal year.

Several equities analysts have recently commented on CSOD shares. First Analysis set a $69.00 price target on shares of Cornerstone OnDemand and gave the stock a “buy” rating in a research report on Monday, September 17th. ValuEngine raised shares of Cornerstone OnDemand from a “hold” rating to a “buy” rating in a research report on Friday, August 10th. BidaskClub cut shares of Cornerstone OnDemand from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, August 1st. Piper Jaffray Companies reaffirmed a “buy” rating and set a $65.00 price target on shares of Cornerstone OnDemand in a research report on Wednesday, August 8th. Finally, B. Riley reaffirmed a “buy” rating and set a $61.00 price target (up previously from $52.00) on shares of Cornerstone OnDemand in a research report on Friday, August 3rd. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $56.73.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Strs Ohio raised its stake in Cornerstone OnDemand by 175.0% during the second quarter. Strs Ohio now owns 3,300 shares of the software maker’s stock worth $156,000 after acquiring an additional 2,100 shares during the period. Sun Life Financial INC acquired a new stake in Cornerstone OnDemand during the second quarter worth about $167,000. Global X Management Co LLC acquired a new stake in Cornerstone OnDemand during the second quarter worth about $167,000. Campbell & CO Investment Adviser LLC acquired a new stake in Cornerstone OnDemand during the third quarter worth about $210,000. Finally, Greenwood Capital Associates LLC acquired a new stake in Cornerstone OnDemand during the third quarter worth about $214,000. Hedge funds and other institutional investors own 97.50% of the company’s stock.

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About Cornerstone OnDemand

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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