New York: Cornerstone Ondemand (NASDAQ:CSOD) Stock Has Just Had Its “Buy” Rating Reiterated by B.Riley FBR. Shares now Have a $46.0 Target

February 16, 2018 - By Adrian Mccoy

 New York: Cornerstone Ondemand (NASDAQ:CSOD) Stock Has Just Had Its

Investors sentiment increased to 1.28 in Q3 2017. Its up 0.06, from 1.22 in 2017Q2. It increased, as 23 investors sold Cornerstone OnDemand, Inc. shares while 41 reduced holdings. 31 funds opened positions while 51 raised stakes. 52.04 million shares or 3.28% more from 50.39 million shares in 2017Q2 were reported.

Mutual Of America Cap Mngmt Ltd Llc holds 0.04% or 52,682 shares. Us National Bank De invested in 0% or 235 shares. Timessquare Cap Management Limited Liability Company reported 0.24% of its portfolio in Cornerstone OnDemand, Inc. (NASDAQ:CSOD). Nordea Inv Ab reported 0.01% in Cornerstone OnDemand, Inc. (NASDAQ:CSOD). Fmr Ltd Company holds 883,539 shares. Palisade Management Llc Nj has 694,245 shares. The New York-based Bnp Paribas Arbitrage Sa has invested 0% in Cornerstone OnDemand, Inc. (NASDAQ:CSOD). Goldman Sachs Grp Incorporated invested in 2.36M shares or 0.02% of the stock. Fred Alger Mngmt Inc stated it has 0.08% in Cornerstone OnDemand, Inc. (NASDAQ:CSOD). Amalgamated Financial Bank has 6,623 shares. Employees Retirement Association Of Colorado has invested 0% of its portfolio in Cornerstone OnDemand, Inc. (NASDAQ:CSOD). Highland Management Limited Partnership reported 5,500 shares or 0.01% of all its holdings. Point72 Asia (Hong Kong) Ltd has invested 0% in Cornerstone OnDemand, Inc. (NASDAQ:CSOD). Envestnet Asset Management owns 1,384 shares. Principal Inc reported 6,142 shares.

Since August 21, 2017, it had 0 insider buys, and 7 selling transactions for $2.79 million activity. $990,822 worth of Cornerstone OnDemand, Inc. (NASDAQ:CSOD) shares were sold by Miller Adam L. BURLINGAME HAROLD W sold $80,000 worth of Cornerstone OnDemand, Inc. (NASDAQ:CSOD) on Thursday, September 14.

Cornerstone Ondemand (NASDAQ:CSOD) Rating Reaffirmed

Cornerstone Ondemand (NASDAQ:CSOD) just had their share rating of a ‘”Buy”‘ issued by research analysts at B.Riley FBR, who now has a $46.0 TP on the $2.33 billion market cap company or a 14.40 % upside potential. This key information was released in a note on 9 November.

Investors sentiment increased to 1.28 in Q3 2017. Its up 0.06, from 1.22 in 2017Q2. It increased, as 23 investors sold Cornerstone OnDemand, Inc. shares while 41 reduced holdings. 31 funds opened positions while 51 raised stakes. 52.04 million shares or 3.28% more from 50.39 million shares in 2017Q2 were reported.

Mutual Of America Cap Mngmt Ltd Llc holds 0.04% or 52,682 shares. Us National Bank De invested in 0% or 235 shares. Timessquare Cap Management Limited Liability Company reported 0.24% of its portfolio in Cornerstone OnDemand, Inc. (NASDAQ:CSOD). Nordea Inv Ab reported 0.01% in Cornerstone OnDemand, Inc. (NASDAQ:CSOD). Fmr Ltd Company holds 883,539 shares. Palisade Management Llc Nj has 694,245 shares. The New York-based Bnp Paribas Arbitrage Sa has invested 0% in Cornerstone OnDemand, Inc. (NASDAQ:CSOD). Goldman Sachs Grp Incorporated invested in 2.36M shares or 0.02% of the stock. Fred Alger Mngmt Inc stated it has 0.08% in Cornerstone OnDemand, Inc. (NASDAQ:CSOD). Amalgamated Financial Bank has 6,623 shares. Employees Retirement Association Of Colorado has invested 0% of its portfolio in Cornerstone OnDemand, Inc. (NASDAQ:CSOD). Highland Management Limited Partnership reported 5,500 shares or 0.01% of all its holdings. Point72 Asia (Hong Kong) Ltd has invested 0% in Cornerstone OnDemand, Inc. (NASDAQ:CSOD). Envestnet Asset Management owns 1,384 shares. Principal Inc reported 6,142 shares.

Since August 21, 2017, it had 0 insider buys, and 7 selling transactions for $2.79 million activity. $990,822 worth of Cornerstone OnDemand, Inc. (NASDAQ:CSOD) shares were sold by Miller Adam L. BURLINGAME HAROLD W sold $80,000 worth of Cornerstone OnDemand, Inc. (NASDAQ:CSOD) on Thursday, September 14.

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

Among 19 analysts covering Cornerstone OnDemand (NASDAQ:CSOD), 10 have Buy rating, 1 Sell and 8 Hold. Therefore 53% are positive. Cornerstone OnDemand has $54 highest and $31 lowest target. $42’s average target is 4.45% above currents $40.21 stock price. Cornerstone OnDemand had 50 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by Piper Jaffray on Friday, August 4 with “Buy”. Wunderlich maintained the shares of CSOD in report on Friday, August 5 with “Buy” rating. JP Morgan downgraded Cornerstone OnDemand, Inc. (NASDAQ:CSOD) on Wednesday, November 2 to “Neutral” rating. The firm earned “Buy” rating on Friday, November 10 by B. Riley & Co. FBR Capital maintained Cornerstone OnDemand, Inc. (NASDAQ:CSOD) rating on Friday, February 9. FBR Capital has “Buy” rating and $46.0 target. The firm has “Underweight” rating by Barclays Capital given on Wednesday, January 6. The firm has “Mkt Perform” rating given on Friday, August 7 by FBR Capital. The company was upgraded on Wednesday, November 8 by JP Morgan. The stock has “Buy” rating by Goldman Sachs on Monday, May 23. The company was maintained on Thursday, July 30 by Needham.

The stock decreased 0.62% or $0.25 during the last trading session, reaching $40.21. About 219,807 shares traded. Cornerstone OnDemand, Inc. (NASDAQ:CSOD) has risen 0.77% since February 16, 2017 and is uptrending. It has underperformed by 15.93% 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 $2.33 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 recent Cornerstone OnDemand, Inc. (NASDAQ:CSOD) news were published by: Seekingalpha.com which released: “Cornerstone OnDemand’s (CSOD) CEO Adam Miller on Q4 2017 Results – Earnings …” on February 14, 2018. Also Seekingalpha.com published the news titled: “Cornerstone OnDemand: At A Turning Point” on November 10, 2017. Benzinga.com‘s news article titled: “BofA: Cornerstone OnDemand To Benefit From Improved Execution, Operational …” with publication date: January 22, 2018 was also an interesting one.

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