Q4 2017 Sentiment Cornerstone Ondemand Inc (NASDAQ:CSOD)

April 16, 2018 - By Richard Conner

Cornerstone OnDemand, Inc. (NASDAQ:CSOD) Logo

Sentiment for Cornerstone Ondemand Inc (NASDAQ:CSOD)

Cornerstone Ondemand Inc (NASDAQ:CSOD) institutional sentiment decreased to 1.01 in Q4 2017. Its down -0.27, from 1.28 in 2017Q3. The ratio is negative, as 73 funds increased or opened new positions, while 72 sold and decreased their equity positions in Cornerstone Ondemand Inc. The funds in our partner’s database now own: 49.44 million shares, down from 52.04 million shares in 2017Q3. Also, the number of funds holding Cornerstone Ondemand Inc in their top 10 positions decreased from 7 to 3 for a decrease of 4. Sold All: 26 Reduced: 46 Increased: 47 New Position: 26.

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 $2.45 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.

The stock increased 1.50% or $0.63 during the last trading session, reaching $42.7. About 35,783 shares traded. Cornerstone OnDemand, Inc. (NASDAQ:CSOD) has declined 1.02% since April 16, 2017 and is downtrending. It has underperformed by 12.57% the S&P500.

Analysts await Cornerstone OnDemand, Inc. (NASDAQ:CSOD) to report earnings on May, 1. They expect $-0.18 earnings per share, up 10.00 % or $0.02 from last year’s $-0.2 per share. After $-0.05 actual earnings per share reported by Cornerstone OnDemand, Inc. for the previous quarter, Wall Street now forecasts 260.00 % negative EPS growth.

Sheffield Asset Management L.L.C. holds 12.24% of its portfolio in Cornerstone OnDemand, Inc. for 885,163 shares. Rgm Capital Llc owns 3.11 million shares or 10.22% of their US portfolio. Moreover, Tensile Capital Management Llc has 9.82% invested in the company for 1.64 million shares. The New York-based Praesidium Investment Management Company Llc has invested 8.07% in the stock. Eminence Capital Lp, a New York-based fund reported 5.71 million shares.#img1#

Since January 1, 0001, it had 0 buys, and 17 insider sales for $5.75 million activity.

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

Ratings analysis reveals 50% of Cornerstone OnDemand’s analysts are positive. Out of 12 Wall Street analysts rating Cornerstone OnDemand, 6 give it “Buy”, 1 “Sell” rating, while 5 recommend “Hold”. The lowest target is $33 while the high is $55.0. The stock’s average target of $45 is 5.39% above today’s ($42.7) share price. CSOD was included in 17 notes of analysts from November 8, 2017. JMP Securities maintained Cornerstone OnDemand, Inc. (NASDAQ:CSOD) rating on Monday, March 19. JMP Securities has “Buy” rating and $48.0 target. The firm has “Buy” rating given on Thursday, November 9 by FBR Capital. The stock has “Hold” rating by Piper Jaffray on Wednesday, March 14. The firm earned “Buy” rating on Monday, January 22 by Bank of America. The stock of Cornerstone OnDemand, Inc. (NASDAQ:CSOD) earned “Hold” rating by Piper Jaffray on Thursday, November 9. The company was downgraded on Thursday, November 9 by PiperJaffray. The firm has “Neutral” rating given on Wednesday, November 8 by JP Morgan. The firm has “Outperform” rating given on Wednesday, March 14 by Credit Suisse. The company was maintained on Wednesday, March 14 by FBR Capital. B. Riley & Co maintained Cornerstone OnDemand, Inc. (NASDAQ:CSOD) rating on Friday, November 10. B. Riley & Co has “Buy” rating and $46 target.

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

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