Cornerstone OnDemand, Inc. (NASDAQ:CSOD) – Analysts at KeyCorp issued their Q1 2018 earnings estimates for shares of Cornerstone OnDemand in a report issued on Wednesday, according to Zacks Investment Research. KeyCorp analyst B. Bracelin expects that the software maker will post earnings per share of ($0.22) for the quarter. KeyCorp also issued estimates for Cornerstone OnDemand’s Q2 2018 earnings at ($0.16) EPS, Q3 2018 earnings at ($0.08) EPS, Q4 2018 earnings at $0.03 EPS and FY2018 earnings at ($0.43) EPS.
Cornerstone OnDemand (NASDAQ:CSOD) last posted its quarterly earnings data on Tuesday, February 13th. The software maker reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.02). The company had revenue of $131.96 million during the quarter, compared to the consensus estimate of $132.12 million. Cornerstone OnDemand had a negative net margin of 12.73% and a negative return on equity of 140.92%.
Cornerstone OnDemand (NASDAQ CSOD) traded up $1.12 during trading on Monday, hitting $45.66. 493,280 shares of the stock traded hands, compared to its average volume of 569,572. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 12.89. The company has a market capitalization of $2,640.00, a PE ratio of -42.67 and a beta of 0.55. Cornerstone OnDemand has a twelve month low of $33.24 and a twelve month high of $45.87.
A number of large investors have recently modified their holdings of CSOD. Ameritas Investment Partners Inc. boosted its holdings in Cornerstone OnDemand by 5.1% during the second quarter. Ameritas Investment Partners Inc. now owns 4,572 shares of the software maker’s stock worth $163,000 after buying an additional 223 shares in the last quarter. J. Goldman & Co LP purchased a new stake in shares of Cornerstone OnDemand in the 4th quarter valued at approximately $201,000. Trexquant Investment LP purchased a new stake in Cornerstone OnDemand in the 3rd quarter worth approximately $230,000. AHL Partners LLP purchased a new stake in Cornerstone OnDemand in the 2nd quarter worth approximately $255,000. Finally, HBK Investments L P purchased a new stake in Cornerstone OnDemand in the 4th quarter worth approximately $266,000. Hedge funds and other institutional investors own 97.62% of the company’s stock.
In related news, Director R C. Mark Baker sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of $34.81, for a total transaction of $104,430.00. Following the completion of the sale, the director now directly owns 24,850 shares in the company, valued at $865,028.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider David Joseph Carter sold 6,958 shares of the firm’s stock in a transaction that occurred on Tuesday, March 6th. The stock was sold at an average price of $43.35, for a total transaction of $301,629.30. The disclosure for this sale can be found here. Insiders have sold 88,960 shares of company stock valued at $3,711,874 over the last 90 days. 12.60% of the stock is currently owned by insiders.
About Cornerstone OnDemand
Cornerstone OnDemand, Inc is a cloud computing company. The Company provides learning and human capital management software, delivered as Software-as-a-Service (SaaS). 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.
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