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Weatherford Intl Plc (WFT) Share Value Declined While Covalent Partners Has Cut Position by $2.82 Million; Tensile Capital Management Raised Holding in Cornerstone Ondemand (CSOD) as Stock Rose

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Douglas Dossey increased its stake in Cornerstone Ondemand Inc (CSOD) by 7.2% based on its latest 2017Q4 regulatory filing with the SEC. Tensile Capital Management Llc bought 109,876 shares as the company’s stock rose 10.52% while stock markets declined. The hedge fund run by Douglas Dossey held 1.64M shares of the technology company at the end of 2017Q4, valued at $57.83 million, up from 1.53M at the end of the previous reported quarter. Tensile Capital Management Llc who had been investing in Cornerstone Ondemand Inc for a number of months, seems to be bullish on the $2.80 billion market cap company. The stock increased 0.50% or $0.24 during the last trading session, reaching $48.5. About 98,142 shares traded. Cornerstone OnDemand, Inc. (NASDAQ:CSOD) has declined 1.02% since May 24, 2017 and is downtrending. It has underperformed by 12.57% the S&P500.

Robert Hockett decreased its stake in Weatherford Intl Plc (WFT) by 74.56% based on its latest 2017Q4 regulatory filing with the SEC. Covalent Partners Llc sold 705,563 shares as the company’s stock declined 40.15% with the market. The hedge fund run by Robert Hockett held 240,741 shares of the metal fabrications company at the end of 2017Q4, valued at $1.00M, down from 946,304 at the end of the previous reported quarter. Covalent Partners Llc who had been investing in Weatherford Intl Plc for a number of months, seems to be less bullish one the $3.47B market cap company. The stock decreased 0.57% or $0.02 during the last trading session, reaching $3.48. About 2.30 million shares traded. Weatherford International plc (NYSE:WFT) has declined 63.21% since May 24, 2017 and is downtrending. It has underperformed by 74.76% the S&P500.

Among 20 analysts covering Cornerstone OnDemand (NASDAQ:CSOD), 10 have Buy rating, 1 Sell and 9 Hold. Therefore 50% are positive. Cornerstone OnDemand had 58 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by Piper Jaffray on Monday, October 16 with “Buy”. The stock of Cornerstone OnDemand, Inc. (NASDAQ:CSOD) has “Buy” rating given on Monday, May 23 by Goldman Sachs. UBS maintained Cornerstone OnDemand, Inc. (NASDAQ:CSOD) on Thursday, June 16 with “Buy” rating. The rating was maintained by B. Riley & Co on Friday, November 10 with “Buy”. Bank of America maintained Cornerstone OnDemand, Inc. (NASDAQ:CSOD) rating on Thursday, April 19. Bank of America has “Buy” rating and $52 target. The company was maintained on Thursday, February 11 by FBR Capital. The rating was downgraded by Barclays Capital on Tuesday, June 20 to “Underweight”. Needham maintained the shares of CSOD in report on Tuesday, May 15 with “Buy” rating. As per Wednesday, November 8, the company rating was upgraded by JP Morgan. Barclays Capital upgraded Cornerstone OnDemand, Inc. (NASDAQ:CSOD) rating on Friday, July 15. Barclays Capital has “Equal-Weight” rating and $44 target.

Since December 15, 2017, it had 0 insider buys, and 23 insider sales for $7.46 million activity. BURLINGAME HAROLD W had sold 1,553 shares worth $74,389. $181,200 worth of Cornerstone OnDemand, Inc. (NASDAQ:CSOD) was sold by Weiss Adam J. on Thursday, March 15. Swartz Brian L sold $574,366 worth of stock. 2,694 shares were sold by Goldin Mark, worth $116,785. Miller Adam L also sold $265,396 worth of Cornerstone OnDemand, Inc. (NASDAQ:CSOD) shares. Helvey Kirsten Maas sold $116,785 worth of stock or 2,694 shares.

More news for Cornerstone OnDemand, Inc. (NASDAQ:CSOD) were recently published by: Seekingalpha.com, which released: “Cornerstone: Turning The Ship Around” on May 14, 2018. Seekingalpha.com‘s article titled: “Cornerstone OnDemand’s (CSOD) CEO Adam Miller on Q1 2018 Results – Earnings Call Transcript” and published on May 12, 2018 is yet another important article.

Investors sentiment decreased to 1.01 in 2017 Q4. Its down 0.27, from 1.28 in 2017Q3. It is negative, as 26 investors sold CSOD shares while 46 reduced holdings. 26 funds opened positions while 47 raised stakes. 49.44 million shares or 5.00% less from 52.04 million shares in 2017Q3 were reported. Moreover, Product Ptnrs Ltd Liability Corp has 0.22% invested in Cornerstone OnDemand, Inc. (NASDAQ:CSOD) for 213,905 shares. Comml Bank Of Montreal Can reported 41,538 shares. Tower Research Ltd Company (Trc) invested in 598 shares or 0% of the stock. 250,789 are held by Fred Alger. Jane Street Group Ltd Liability Corporation reported 0% in Cornerstone OnDemand, Inc. (NASDAQ:CSOD). Morgan Stanley holds 573,698 shares. Manufacturers Life Insurance The invested in 40,666 shares. Ameritas Investment Prtnrs invested in 4,572 shares or 0.01% of the stock. 65,988 are held by Wasatch Advisors. Panagora Asset Inc holds 0% or 3,623 shares in its portfolio. Moreover, Geode Mgmt Limited Liability Corp has 0.01% invested in Cornerstone OnDemand, Inc. (NASDAQ:CSOD). Quantbot Techs Limited Partnership reported 4,090 shares. D E Shaw Com Inc owns 0.01% invested in Cornerstone OnDemand, Inc. (NASDAQ:CSOD) for 289,138 shares. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 3,097 shares or 0% of all its holdings. United Kingdom-based Ahl Prtnrs Limited Liability Partnership has invested 0.01% in Cornerstone OnDemand, Inc. (NASDAQ:CSOD).

Tensile Capital Management Llc, which manages about $504.77 million and $589.03M US Long portfolio, decreased its stake in Diamond Offshore Drilling (NYSE:DO) by 120,000 shares to 435,000 shares, valued at $8.09M in 2017Q4, according to the filing. It also reduced its holding in News Corp New (NASDAQ:NWSA) by 220,000 shares in the quarter, leaving it with 1.59 million shares, and cut its stake in Expeditors Intl Wash Inc (NASDAQ:EXPD).

Among 35 analysts covering Weatherford International Ltd. (NYSE:WFT), 25 have Buy rating, 0 Sell and 10 Hold. Therefore 71% are positive. Weatherford International Ltd. had 120 analyst reports since July 24, 2015 according to SRatingsIntel. The stock has “Hold” rating by Piper Jaffray on Tuesday, April 24. The firm has “Outperform” rating by Cowen & Co given on Thursday, July 23. The firm earned “Buy” rating on Monday, February 5 by Seaport Global. Citigroup maintained the stock with “Buy” rating in Thursday, October 5 report. The rating was maintained by Susquehanna on Monday, April 9 with “Buy”. The stock of Weatherford International plc (NYSE:WFT) earned “Buy” rating by RBC Capital Markets on Friday, October 6. RBC Capital Markets maintained it with “Buy” rating and $600 target in Thursday, July 20 report. Howard Weil maintained the stock with “Sector Perform” rating in Thursday, October 27 report. The stock of Weatherford International plc (NYSE:WFT) has “Buy” rating given on Monday, February 5 by Guggenheim. Citigroup maintained Weatherford International plc (NYSE:WFT) on Thursday, May 19 with “Buy” rating.

Covalent Partners Llc, which manages about $968.54 million and $117.95 million US Long portfolio, upped its stake in Universal Fst Prods Inc (NASDAQ:UFPI) by 13,122 shares to 191,843 shares, valued at $7.22 million in 2017Q4, according to the filing. It also increased its holding in Propetro Hldg Corp by 91,821 shares in the quarter, for a total of 283,893 shares, and has risen its stake in Ply Gem Hldgs Inc (NYSE:PGEM).

Investors sentiment decreased to 0.79 in 2017 Q4. Its down 0.16, from 0.95 in 2017Q3. It turned negative, as 66 investors sold WFT shares while 97 reduced holdings. 51 funds opened positions while 77 raised stakes. 1.08 billion shares or 2.62% less from 1.10 billion shares in 2017Q3 were reported. Freestone Cap Hldg Lc owns 84,952 shares or 0.02% of their US portfolio. Swiss National Bank has 0.01% invested in Weatherford International plc (NYSE:WFT). Cambridge Investment Research Advisors has invested 0% in Weatherford International plc (NYSE:WFT). Moreover, Atlantic Trust Ltd Liability Com has 0% invested in Weatherford International plc (NYSE:WFT). Poplar Forest Lc holds 2.46% or 7.39M shares. Stifel Financial invested 0.02% of its portfolio in Weatherford International plc (NYSE:WFT). Citadel Advsrs Ltd Com has invested 0.02% of its portfolio in Weatherford International plc (NYSE:WFT). Pinnacle Associate invested in 0.03% or 353,020 shares. Thrivent Financial For Lutherans holds 14.34M shares or 0.2% of its portfolio. The Texas-based Mitchell Grp Incorporated has invested 2.87% in Weatherford International plc (NYSE:WFT). Dekabank Deutsche Girozentrale invested 0% in Weatherford International plc (NYSE:WFT). Cap World Investors invested in 93.48 million shares. Point72 Asset Mngmt Lp holds 0.15% of its portfolio in Weatherford International plc (NYSE:WFT) for 8.29M shares. Envestnet Asset Management reported 155,506 shares or 0% of all its holdings. State Of Alaska Department Of Revenue stated it has 0.01% of its portfolio in Weatherford International plc (NYSE:WFT).

Analysts await Weatherford International plc (NYSE:WFT) to report earnings on July, 27. They expect $-0.17 earnings per share, up 39.29% or $0.11 from last year’s $-0.28 per share. After $-0.19 actual earnings per share reported by Weatherford International plc for the previous quarter, Wall Street now forecasts -10.53% EPS growth.

More news for Weatherford International plc (NYSE:WFT) were recently published by: Seekingalpha.com, which released: “Weatherford’s Debt Remains Untenable” on April 29, 2018. Bizjournals.com‘s article titled: “Weatherford CEO named to Houston chemical company’s board” and published on May 22, 2018 is yet another important article.

Cornerstone OnDemand, Inc. (NASDAQ:CSOD) Institutional Positions Chart

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