The stock of Cornerstone OnDemand, Inc. (NASDAQ:CSOD) is a huge mover today! About 663,860 shares traded hands. Cornerstone OnDemand, Inc. (NASDAQ:CSOD) has risen 6.08% since April 13, 2016 and is uptrending. It has outperformed by 2.15% the S&P500.
The move comes after 6 months positive chart setup for the $2.19 billion company. It was reported on Nov, 15 by Barchart.com. We have $47.87 PT which if reached, will make NASDAQ:CSOD worth $569.40M more.
Cornerstone OnDemand, Inc. (NASDAQ:CSOD) Ratings Coverage
Out of 14 analysts covering Cornerstone OnDemand (NASDAQ:CSOD), 10 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 71% are positive. Cornerstone OnDemand has been the topic of 28 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The stock of Cornerstone OnDemand, Inc. (NASDAQ:CSOD) earned “Overweight” rating by First Analysis on Tuesday, September 6. The firm has “Strong Buy” rating given on Thursday, July 30 by Needham. The firm has “Buy” rating by Needham given on Friday, November 4. The stock of Cornerstone OnDemand, Inc. (NASDAQ:CSOD) has “Underweight” rating given on Wednesday, January 6 by Barclays Capital. The company was upgraded on Friday, August 7 by Credit Suisse. The company was maintained on Thursday, February 11 by FBR Capital. The stock of Cornerstone OnDemand, Inc. (NASDAQ:CSOD) has “Overweight” rating given on Friday, July 1 by First Analysis. The firm has “Overweight” rating by Piper Jaffray given on Friday, September 2. The firm earned “Neutral” rating on Friday, November 4 by UBS. Credit Suisse maintained Cornerstone OnDemand, Inc. (NASDAQ:CSOD) on Thursday, February 11 with “Outperform” rating.
According to Zacks Investment Research, “Cornerstone OnDemand, Inc. is a provider of a comprehensive learning and talent management solution delivered as software-as-a-service (SaaS). Solutions offered by the Company include five integrated platforms for learning management, enterprise social networking, performance management, succession planning and extended enterprise. Cornerstone OnDemand, Inc. is based in California.”
Insitutional Activity: The institutional sentiment increased to 1.08 in 2016 Q2. Its up 0.24, from 0.84 in 2016Q1. The ratio improved, as 12 funds sold all Cornerstone OnDemand, Inc. shares owned while 64 reduced positions. 43 funds bought stakes while 39 increased positions. They now own 49.06 million shares or 1.64% less from 49.88 million shares in 2016Q1.
Palisade Capital Mngmt Ltd Com Nj holds 1% of its portfolio in Cornerstone OnDemand, Inc. (NASDAQ:CSOD) for 726,150 shares. Tcw Group holds 107,094 shares or 0.03% of its portfolio. Da Davidson And Communications accumulated 0% or 3,899 shares. Manufacturers Life Ins Company The holds 34,096 shares or 0% of its portfolio. Voya Lc holds 0.03% of its portfolio in Cornerstone OnDemand, Inc. (NASDAQ:CSOD) for 341,973 shares. Emerald Advisers Pa holds 346,920 shares or 0.64% of its portfolio. Quantbot Technology L P reported 1,636 shares or 0.01% of all its holdings. Wasatch Advsr Inc reported 5.81 million shares or 3.39% of all its holdings. Swiss Bancorp reported 84,900 shares or 0.01% of all its holdings. National Bank & Trust Of Montreal Can last reported 625 shares in the company. Princeton Alpha Mgmt L P has invested 0.09% of its portfolio in Cornerstone OnDemand, Inc. (NASDAQ:CSOD). Retirement Sys Of Alabama has 233,500 shares for 0.05% of their US portfolio. Eaton Vance Mngmt has invested 0.01% of its portfolio in Cornerstone OnDemand, Inc. (NASDAQ:CSOD). New York State Common Retirement Fund has 58,779 shares for 0% of their US portfolio. Royal London Asset Management Ltd holds 56,298 shares or 0.03% of its portfolio.
Insider Transactions: Since May 16, 2016, the stock had 0 insider buys, and 9 insider sales for $2.34 million net activity. Carter David Joseph had sold 19,356 shares worth $730,670 on Wednesday, May 25. The insider Helvey Kirsten Maas sold 2,300 shares worth $85,215. 3,000 shares were sold by Weiss Adam J., worth $111,002. Another trade for 5,706 shares valued at $239,948 was made by Baker R C Mark on Tuesday, June 14. Another trade for 4,062 shares valued at $181,563 was made by Goldin Mark on Tuesday, August 9.
More important recent Cornerstone OnDemand, Inc. (NASDAQ:CSOD) news were published by: Businesswire.com which released: “Canali Collaborates with Cornerstone OnDemand to Implement Tailor-Made Talent …” on November 15, 2016, also Fortune.com published article titled: “Cornerstone OnDemand”, Businesswire.com published: “Cornerstone OnDemand to Present at Upcoming Investor Conferences” on November 11, 2016. More interesting news about Cornerstone OnDemand, Inc. (NASDAQ:CSOD) was released by: Businesswire.com and their article: “Cornerstone OnDemand Names Brian L. Swartz as Chief Financial Officer” with publication date: May 04, 2016.
CSOD Company Profile
Cornerstone OnDemand, Inc. (Cornerstone), incorporated on May 24, 1999, is a well-known provider of talent management solutions delivered as Software-as-a-Service (SaaS). Cornerstone’s Enterprise and Mid-Market solution is a cloud suite that addresses needs throughout the entire employee lifecycle, from recruitment, onboarding, training and collaboration, to performance management, compensation, succession planning and analytics. The platform is composed of several products, focused on recruiting, learning management, performance management and analytics. The platform also helps manage business execution through integrating with an organization’s extended enterprise of clients, vendors and distributors by delivering training, certification programs and other content. The Firm also offers Cornerstone for Salesforce and Cornerstone Growth Edition. Cornerstone for Salesforce is a cloud learning solution developed on the Salesforce.com platform. Cornerstone for Salesforce allows organizations to provide access to sales enablement and just-in-time training embedded within Salesforce. Cornerstone Growth Edition is a cloud learning and talent management solution targeted to organizations. The Company’s clients include multi-national firms, large domestic and foreign enterprises, mid-market companies, public sector organizations, healthcare providers, higher education institutions, and non-profit entities. It sells its solutions domestically and internationally through both direct and indirect channels, including direct sales teams throughout North and South America, Europe, and Asia-Pacific and distributor relationships with payroll companies, human resource consultancies and global system integrators.
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