Economy

CSOD Makes Bullish Cross Above Critical Moving Average

The total value of its holdings increased 49.9%.

A few notable investment firms have updated their holdings. Ameritas Investment Partners Inc. acquired a new position in Cornerstone OnDemand during the first quarter worth about $169,000.

Cornerstone OnDemand, Inc. (NASDAQ:CSOD)'s market cap, the total dollar value of all of their outstanding shares, is 2336.55m. BNP Paribas Arbitrage SA boosted its position in shares of Cornerstone OnDemand by 530.5% in the 2nd quarter. Days to cover decreased -1.8 to 5.0 and the percentage of shorted shares is 0.08% as of August 15.

COPYRIGHT VIOLATION WARNING: This piece was reported by TrueBlueTribune and is the property of of TrueBlueTribune. If you are reading this article on another publication, it was copied illegally and reposted in violation of United States & global trademark & copyright legislation. The original version of this article can be viewed at https://stocknewstimes.com/2017/09/15/soma-equity-partners-lp-has-8-91-million-holdings-in-cornerstone-ondemand-inc-csod.html. During the day, the stock price traveled from $34.55 to $40.06. Tensile Capital Management LLC claims 1,689,246 shares with a value of $60,391,000. The CFO now owns $4,464,520 of the stock per the Form 4 SEC filing. Also, CEO Adam L. Miller sold 30,000 shares of the firm's stock in a transaction that occurred on Thursday, July 27th. Following the sale, the chief operating officer now owns 90,343 shares of the company's stock, valued at approximately $3,113,219.78. The disclosure for this sale can be found here.

The volume of the particular stock is the shares bought and sold in a single trading day.

Several analysts have released their opinion on Cornerstone OnDemand, Inc. (NASDAQ:CSOD) recently. CFO Brian L. Swartz let go of 5,000 shares at an average price of $40.00 on Thursday the 20th. The stock had a trading volume of 1,132,021 shares. (CSOD) now has a value of $40.03 while the company's 52 week low is at $30.31, the shares dropped to the 52 week low on 11/04/16.

Shares are trading at $39.34 which is just a bit higher than $36.01, the 50 day moving average and just above the 200 day moving average of $37.57. (CSOD) is its Earnings per Share or EPS. Analysts expect next quarter's EPS will be $0.20 with next year's EPS anticipated to be $0.74. The business's revenue for the quarter was up 9.1% compared to the same quarter a year ago.

Cornerstone OnDemand, Inc. (NASDAQ:CSOD) has been the object of insider selling activity recently. The count of Hold ratings in that period was 2. Piper Jaffray Companies restated an "overweight" rating and set a $46.00 price objective (down from $50.00) on shares of Cornerstone OnDemand in a research report on Friday, August 4th.

On July 19 the stock rating was upgraded from "Neutral" to "Outperform" by Credit Suisse. On July 14 the company was changed to "Strong Buy" according to a Needham report which is up from the previous "Neutral" rating. -15.05% away from the high and 32.63% from the low.

Analysts have given a mean recommendation of 2.50 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Whereas 7 of them predict the stock is a hold.

Cornerstone OnDemand, Inc is a cloud computing company.

Market Capitalization can be thought of as the overall price to buy the company. Its human capital management platform combines the talent management solutions with analytics and human resources (HR) administration solutions to enable organizations to manage the employee lifecycle.



Like this

Latest


16 September 2017
Dick's Sporting Goods Inc (NYSE:DKS) Experiences Heavier than Usual Trading Volume
BRFH's SI was 3,700 shares in September as released by FINRA. 241,327 were accumulated by Menta Cap Limited Liability Company. As for this week, analysts appear content to stick with their neutral outlook with the consensus call at 2.9.

16 September 2017
Have received India's written pleadings to ICJ in Jadhav case
Pakistan had rejected India's request for consular access 18 times, which is a violation of the Vienna Convention. India on Wednesday submitted its Memorial (written pleadings) to the International Court of Justice (ICJ).

16 September 2017
Pollo Tropical to close 6 remaining restaurants in Texas
Finally, TD Asset Management Inc. acquired a new position in Fiesta Restaurant Group in the first quarter valued at $335,000. COPYRIGHT VIOLATION WARNING: This story was published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal.

16 September 2017
Insiders Selling, Short Interest Growing Twitter, Inc. (NYSE:TWTR)
On July 13, 2017 the stock rating was rated "Mixed" according to a OTR Global report a boost from the previous "Negative" rating. Following the completion of the sale, the director now owns 2,658,594 shares of the company's stock, valued at $48,253,481.10.

16 September 2017
Wipro Limited (NYSE:WIT) Experiences Heavier than Average Trading Volume
Finally, Renaissance Group LLC lifted its holdings in shares of Wipro Limited by 114.9% during the 2nd quarter. Prudential Financial Inc. lifted its holdings in shares of Wipro Limited by 152.0% during the 2nd quarter.

16 September 2017
Trump Pushes 'Larger, Tougher' Travel Ban After London Terrorist Incident
Donald Trump has waded into the debate on this morning's Parsons's Green Tube blast with a series of inflammatory tweets . He then added: "Loser terrorists must be dealt with in a much tougher manner", without giving details of what that meant.

16 September 2017
Stock is down at $369.49 (CHTR) Charter Communications Commits $1.35…
Currently, 729.96 million total shares are owned by the public and among those 728.62 million shares have been available to trade. Finally, Rational Advisors LLC purchased a new stake in Charter Communications in the second quarter valued at $168,000.

16 September 2017
Vols safety Todd Kelly Jr. to miss Florida game with knee injury
The coaching staff and Kelly Jr. were unaware of the severity of his injury, Griffith reports, which is why he played through it. He even lost 10 pounds this offseason to attempt regaining some speed, thinking that weight was the issue, rather than his knee.

16 September 2017
Conan spoofs Apple's iPhone event and Face ID
Available for pre-ordering starting October 27, Apple's next-generation iPhone , the iPhone X, will set buyers back $999 or more. When the real Federighi demonstrated Face ID on stage, he had to enter his passcode when the recognition system seemed to fail.

16 September 2017
Vanderbilt researcher gets zapped by electric eel for science
The wires led to a voltmeter and ammeter and found that the EMF was 198 volts and it had an internal resistance of 960 ohms. The water's resistance to the shock was also measured to be 400 ohms and the peak resistance of the eel was 2400 ohms.



Recommended