Key Professional Analysts at B. Riley FBR Reiterate their ‘”Buy”’ rating for Cornerstone OnDemand (NASDAQ:CSOD) Shares Today. Their Target is Set to $61

August 9, 2018 - By Kristin Houston

Cornerstone OnDemand, Inc. (NASDAQ:CSOD) Logo

Investors sentiment decreased to 0.89 in 2018 Q1. Its down 0.12, from 1.01 in 2017Q4. It worsened, as 16 investors sold Cornerstone OnDemand, Inc. shares while 55 reduced holdings. 23 funds opened positions while 40 raised stakes. 48.58 million shares or 1.75% less from 49.44 million shares in 2017Q4 were reported.

Parametric Portfolio Assoc Limited Liability Com has 118,965 shares. Art Advsrs Limited Liability Company reported 14,129 shares stake. Moreover, Edge Wealth Management Ltd Limited Liability Company has 0.04% invested in Cornerstone OnDemand, Inc. (NASDAQ:CSOD). Advisory Limited Liability Corp invested 0% of its portfolio in Cornerstone OnDemand, Inc. (NASDAQ:CSOD). Principal Fincl Group invested in 0% or 5,577 shares. 677,076 were reported by Deutsche Commercial Bank Ag. Macquarie Group Inc holds 47,375 shares or 0% of its portfolio. Paloma Partners Mngmt reported 6,893 shares. Keybank Natl Association Oh invested in 0% or 6,698 shares. Manufacturers Life The has invested 0% of its portfolio in Cornerstone OnDemand, Inc. (NASDAQ:CSOD). Pnc Gp has 1,267 shares. Geode Management Limited Liability Corporation has invested 0.01% in Cornerstone OnDemand, Inc. (NASDAQ:CSOD). Citigroup Inc has 253,470 shares. California-based Wells Fargo And Mn has invested 0.01% in Cornerstone OnDemand, Inc. (NASDAQ:CSOD). Trexquant Investment Limited Partnership, a Connecticut-based fund reported 28,202 shares.

Since February 22, 2018, it had 0 insider buys, and 37 selling transactions for $13.62 million activity. The insider Swartz Brian L sold $574,366. Shares for $84,460 were sold by Weiss Adam J.. BURLINGAME HAROLD W also sold $74,389 worth of Cornerstone OnDemand, Inc. (NASDAQ:CSOD) on Friday, May 18. Baker R C Mark sold $100,000 worth of stock or 2,000 shares. Goldin Mark sold $586,630 worth of stock or 10,666 shares. Carter David Joseph sold $301,629 worth of stock.

Cornerstone OnDemand (NASDAQ:CSOD) Rating Reaffirmed

B. Riley FBR now has a $61 target price on the $3.07 billion market cap company or 14.60 % upside potential. In an analyst note issued to investors and clients on 8 August, Cornerstone OnDemand (NASDAQ:CSOD) shares have had their “Buy” Rating reiterated by equity analysts at B. Riley FBR.

Cornerstone OnDemand, Inc. (NASDAQ:CSOD) Ratings Coverage

Among 10 analysts covering Cornerstone OnDemand (NASDAQ:CSOD), 6 have Buy rating, 1 Sell and 3 Hold. Therefore 60% are positive. Cornerstone OnDemand has $61 highest and $38 lowest target. $50.10’s average target is -5.88% below currents $53.23 stock price. Cornerstone OnDemand had 14 analyst reports since February 14, 2018 according to SRatingsIntel. The rating was maintained by FBR Capital on Wednesday, May 30 with “Buy”. The stock of Cornerstone OnDemand, Inc. (NASDAQ:CSOD) has “Buy” rating given on Monday, March 19 by JMP Securities. Needham maintained it with “Buy” rating and $6000 target in Tuesday, May 15 report. The firm earned “Buy” rating on Wednesday, March 14 by Needham. JP Morgan maintained Cornerstone OnDemand, Inc. (NASDAQ:CSOD) on Wednesday, February 14 with “Neutral” rating. The stock has “Underweight” rating by Barclays Capital on Thursday, July 12. The firm earned “Overweight” rating on Tuesday, July 17 by PiperJaffray. Barclays Capital maintained it with “Underweight” rating and $40 target in Wednesday, August 8 report. The stock of Cornerstone OnDemand, Inc. (NASDAQ:CSOD) earned “Buy” rating by FBR Capital on Wednesday, August 8. The firm has “Hold” rating by MUFG Securities Americas Inc given on Wednesday, May 9.

The stock increased 1.39% or $0.73 during the last trading session, reaching $53.23. About 305,041 shares traded. Cornerstone OnDemand, Inc. (NASDAQ:CSOD) has risen 28.08% since August 9, 2017 and is uptrending. It has outperformed by 15.51% the S&P500.

Cornerstone OnDemand, Inc., together with its subsidiaries, provides human capital management software through software-as-a-service model worldwide. The company has market cap of $3.07 billion. The Company’s products suite includes 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 human resource administration suite, which supports employee records administration, organizational management, employee and manager self-service, workforce planning, and compliance reporting. It currently has negative earnings. The firm also offers Cornerstone Growth Edition, a cloud learning and talent management solution for organizations with 250 or fewer employees; and Cornerstone Edge solutions that allow clients and partners to integrate with marketplace of service providers.

More notable recent Cornerstone OnDemand, Inc. (NASDAQ:CSOD) news were published by: Gurufocus.com which released: “Recent Analysis Shows Cornerstone OnDemand, American International Group, Douglas Emmett, Baker Hughes, a GE …” on August 09, 2018, also Businesswire.com with their article: “Cornerstone OnDemand Announces Second Quarter 2018 Financial Results” published on August 07, 2018, Seekingalpha.com published: “Cornerstone OnDemand: Sharp Deceleration Makes Me Wary” on August 09, 2018. More interesting news about Cornerstone OnDemand, Inc. (NASDAQ:CSOD) were released by: Benzinga.com and their article: “Cornerstone OnDemand Positioned For Multiyear Subscription Growth, Piper Jaffray Says In Upgrade” published on July 17, 2018 as well as Benzinga.com‘s news article titled: “22 Stocks Moving In Tuesday’s Pre-Market Session” with publication date: July 17, 2018.

Cornerstone OnDemand, Inc. (NASDAQ:CSOD) Institutional Positions Chart

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