Cornerstone OnDemand, Inc. (NASDAQ:CSOD) CFO Brian L. Swartz sold 4,000 shares of the stock in a transaction on Tuesday, July 9th. The shares were sold at an average price of $60.00, for a total value of $240,000.00. Following the sale, the chief financial officer now owns 141,603 shares of the company’s stock, valued at approximately $8,496,180. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
CSOD opened at $62.06 on Friday. The firm has a fifty day simple moving average of $55.60. The stock has a market capitalization of $3.70 billion, a price-to-earnings ratio of -269.83 and a beta of 1.04. Cornerstone OnDemand, Inc. has a 12-month low of $45.89 and a 12-month high of $62.20. The company has a debt-to-equity ratio of 4.88, a current ratio of 1.48 and a quick ratio of 1.48.
Cornerstone OnDemand (NASDAQ:CSOD) last released its earnings results on Tuesday, May 7th. The software maker reported ($0.04) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.19 by ($0.23). The business had revenue of $140.10 million during the quarter, compared to analysts’ expectations of $135.51 million. Cornerstone OnDemand had a negative net margin of 3.87% and a negative return on equity of 15.15%. Cornerstone OnDemand’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.13 EPS. On average, equities analysts expect that Cornerstone OnDemand, Inc. will post -0.06 earnings per share for the current year.
A number of equities research analysts have recently commented on CSOD shares. Zacks Investment Research downgraded GasLog Partners LP Unit from a “hold” rating to a “strong sell” rating in a research report on Tuesday, April 2nd. ValuEngine upgraded Zogenix from a “buy” rating to a “strong-buy” rating in a research report on Thursday, June 27th. BidaskClub downgraded Weyco Group from a “sell” rating to a “strong sell” rating in a research report on Saturday. Finally, Guggenheim started coverage on Alteryx in a research report on Thursday, June 27th. They set a “buy” rating and a $107.53 price objective for the company. One research analyst has rated the stock with a sell rating, three have issued a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $62.36.
Cornerstone OnDemand Company Profile
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 attract, hire, and onboard the right employees; Learning Suite, which provides robust, a modern learning management software to supports compliance, knowledge sharing, and employee-driven development training; 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 provides an aggregated view of all employee data with workforce planning, self-service management, and compliance reporting capabilities.
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