Cornerstone Ondemand Inc (CSOD) Files Form 4 Insider Selling : R C Mark Baker Sells 1,135 Shares

Cornerstone Ondemand Inc (CSOD): R C Mark Baker , director of Cornerstone Ondemand Inc sold 1,135 shares on May 20, 2016. The Insider selling transaction was reported by the company on May 24, 2016 to the Securities and Exchange Commission. The shares were sold at $37.02 per share for a total value of $42,017.36 , 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 20, 2016, Adam J. Weiss (SVP Admin. & General Counsel) sold 3,000 shares at $37.00 per share price.On May 18, 2016, Kirsten Maas Helvey (SVP, Client Success) sold 2,300 shares at $37.05 per share price.Also, On Mar 18, 2016, R C Mark Baker (director) sold 4,000 shares at $31.82 per share price.On Mar 16, 2016, Mark Goldin (Chief Technology Officer) sold 13,739 shares at $31.74 per share price.

Cornerstone OnDemand: On Friday, May 20, 2016 heightened volatility was witnessed in Cornerstone OnDemand which led to swings in the share price. The shares opened for trading at $36.83 and hit $37.16 on the upside , eventually ending the session at $37.11, with a gain of 1.59% or 0.58 points. The heightened volatility saw the trading volume jump to 3,76,167 shares. The 52-week high of the share price is $40.7 and the company has a market cap of $2,043,945 M . The 52-week low of the share price is at $22.25.

Cornerstone OnDemand Money Flow Index Chart

Company has been under the radar of several Street Analysts.Cornerstone OnDemand is Initiated by Goldman to Buy and the brokerage firm has set the Price Target at $43. The Rating was issued on May 23, 2016.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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