Wasatch Advisors Inc Lowers Its Ownership in Cornerstone Ondemand (CSOD) Last Quarter

CSOD has been the topic of a number of recent research reports. Zacks Investment Research downgraded Cornerstone OnDemand from a "hold" rating to a "sell" rating in a research report on Friday, November 4th. FBR Capital maintained the shares of CSOD in report on Thursday, February 11 with "Outperform" rating.

Cornerstone OnDemand (NASDAQ:CSOD) last announced its earnings results on Wednesday, November 8th. The rating was maintained by Needham with "Strong Buy" on Thursday, July 30.

Shares of Cornerstone OnDemand (CSOD) traded down $0.07 on Thursday, hitting $34.76. As of the last earnings report the EPS was $-1.25 with 57.90M shares presently outstanding. Cornerstone OnDemand has a 52 week low of $32.88 and a 52 week high of $44.25.

News stories about Cornerstone OnDemand (NASDAQ:CSOD) have been trending somewhat positive on Monday, Accern Sentiment Analysis reports. The software maker reported $0.12 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.10 by $0.02. The firm had revenue of $121.80 million for the quarter, compared to the consensus estimate of $118.95 million. 34,195 are owned by Profund Advisors Ltd. Envestnet Asset holds 0% of its portfolio in Cornerstone OnDemand, Inc. Paloma Prns invested 0.01% of its portfolio in Cornerstone OnDemand, Inc. The company's revenue for the quarter was up 13.0% compared to the same quarter last year. sell-side analysts expect that Cornerstone OnDemand will post -0.69 earnings per share for the current year.

TRADEMARK VIOLATION NOTICE: "Barclays PLC Boosts Cornerstone OnDemand, Inc".

COPYRIGHT VIOLATION WARNING: "Cornerstone OnDemand (CSOD) Getting Somewhat Positive Media Coverage, Report Shows" was published by TrueBlueTribune and is the sole property of of TrueBlueTribune. The legal version of this story can be viewed at https://weekherald.com/2017/11/13/cornerstone-ondemand-inc-csod-price-target-lowered-to-46-00-at-b-riley.html. Hilton Capital Management Llc sold 16,531 shares as Cisco Sys Inc (CSCO)'s stock declined 7.50%. This buyback authorization authorizes the software maker to reacquire shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company's leadership believes its stock is undervalued. The ratio improved, as 84 active investment managers increased and opened new stock positions, while 69 sold and decreased holdings in Cornerstone Ondemand Inc. The stock was sold at an average price of $40.00, for a total transaction of $80,000.00. Following the completion of the transaction, the director now owns 23,850 shares of the company's stock, valued at $813,762. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Adam L. Miller sold 24,000 shares of the firm's stock in a transaction on Monday, September 18th. The stock's average target of $41.27 is 18.73% above today's ($34.76) share price. Jpmorgan Chase And Co invested in 87,137 shares or 0% of the stock. The disclosure for this sale can be found here. Insiders sold a total of 35,000 shares of company stock valued at $1,429,460 over the last ninety days. Ny State Common Retirement Fund holds 14.01 million shares or 0.58% of its portfolio. Quantbot Technologies LP lifted its position in Cornerstone OnDemand by 153.2% during the second quarter. As of quarter end American International Group Inc had bought 2,611 shares growing its stake by 8.1%. The institutional investors in our partner's database now have: 50.39 million shares, up from 48.72 million shares in 2017Q1. Wasatch Advisors Inc, a Utah-based fund reported 4.01 million shares.#img1#. 12Th Street Asset Management Company Llc sold 7,580 shares as Steris (STE)'s stock rose 10.26%. Gradient Investments LLC purchased a new position in Cornerstone OnDemand during the second quarter worth approximately $177,000. Finally, BNP Paribas Arbitrage SA boosted its holdings in shares of Cornerstone OnDemand by 530.5% during 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 during the period.

Institutional investors have recently made changes to their positions in the stock.

The value of the investment in Cornerstone Ondemand increased from $1,155,000 to $1,418,000 a change of $263,000 quarter to quarter.

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