Cornerstone Ondemand Inc (CSOD) Files Form 4 Insider Selling : Adam J. Weiss Sells 3,000 Shares

Cornerstone Ondemand Inc (CSOD): Adam J. Weiss , SVP Admin. & General Counsel of Cornerstone Ondemand Inc sold 3,000 shares on May 18, 2016. The Insider selling transaction was reported by the company on May 20, 2016 to the Securities and Exchange Commission. The shares were sold at $37.00 per share for a total value of $111,002.40 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 18, 2016, Kirsten Maas Helvey (SVP, Client Success) sold 2,300 shares at $37.05 per share price.On Mar 18, 2016, R C Mark Baker (director) sold 4,000 shares at $31.82 per share price.Also, On Mar 16, 2016, Mark Goldin (Chief Technology Officer) sold 13,739 shares at $31.74 per share price.On Feb 18, 2016, Joseph P. Payne (director) purchased 4,000 shares at $25.06 per share price.

Shares of Cornerstone OnDemand (CSOD) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.18 points or -0.49% at $36.53 with 2,77,871 shares getting traded. Post opening the session at $36.57, the shares hit an intraday low of $36.01 and an intraday high of $36.97 and the price vacillated in this range throughout the day. The company has a market cap of $2,011,999 M and the number of outstanding shares has been calculated to be 55,07,80,00,000 shares. The 52-week high of Cornerstone OnDemand is $40.7 and the 52-week low is $22.25.

Cornerstone OnDemand Money Flow Index Chart

Company has been under the radar of several Street Analysts.Cornerstone OnDemand is Reiterated by Wunderlich to Buy and the brokerage firm has raised the Price Target to $ 42 from a previous price target of $39 .The Rating was issued on May 5, 2016.Cornerstone OnDemand is Reiterated by Barclays to Underweight and the brokerage firm has raised the Price Target to $ 32 from a previous price target of $31 .The Rating was issued on May 5, 2016.

Cornerstone OnDemand Inc. is a provider of talent management solutions delivered as Software-as-a-Service (SaaS). Cornerstone’s Enterprise and Mid-Market solution is a cloud-based suite that addresses hiring developing engaging employees throughout their careers. The Company also offers Cornerstone Growth Edition which is a cloud-based talent management solution with learning and performance product offerings targeted to organizations with fewer than 400 employees. The Company’s product offerings include Cornerstone Recruiting Cornerstone Onboarding Cornerstone Learning Cornerstone Performance Cornerstone Succession Cornerstone Compensation Cornerstone Extended Enterprise and Cornerstone for Salesforce. The Company’s clients include multi-national companies large domestic and foreign-based enterprises mid-market companies public sector organizations higher education institutions and non-profit entities.

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