Cutler Capital Management Trimmed Apple (AAPL) Position by $709,632; Holder Rgm Capital Upped Cornerstone Ondemand (CSOD) Stake

February 25, 2018 - By Adrian Mccoy

Robert G. Moses increased its stake in Cornerstone Ondemand Inc (CSOD) by 18.45% based on its latest 2017Q3 regulatory filing with the SEC. Rgm Capital Llc bought 438,174 shares as the company’s stock declined 14.40% while stock markets rallied. The hedge fund run by Robert G. Moses held 2.81 million shares of the technology company at the end of 2017Q3, valued at $114.22M, up from 2.37M at the end of the previous reported quarter. Rgm Capital Llc who had been investing in Cornerstone Ondemand Inc for a number of months, seems to be bullish on the $2.39B market cap company. The stock increased 1.97% or $0.8 during the last trading session, reaching $41.32. About 189,838 shares traded. Cornerstone OnDemand, Inc. (NASDAQ:CSOD) has risen 0.77% since February 25, 2017 and is uptrending. It has underperformed by 15.93% the S&P500.

Cutler Capital Management Llc decreased its stake in Apple Inc (AAPL) by 20.5% based on its latest 2017Q3 regulatory filing with the SEC. Cutler Capital Management Llc sold 4,608 shares as the company’s stock rose 12.78% with the market. The institutional investor held 17,866 shares of the computer manufacturing company at the end of 2017Q3, valued at $2.75M, down from 22,474 at the end of the previous reported quarter. Cutler Capital Management Llc who had been investing in Apple Inc for a number of months, seems to be less bullish one the $890.49B market cap company. The stock increased 1.74% or $3 during the last trading session, reaching $175.5. About 33.81 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since February 25, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Among 19 analysts covering Cornerstone OnDemand (NASDAQ:CSOD), 10 have Buy rating, 1 Sell and 8 Hold. Therefore 53% are positive. Cornerstone OnDemand had 50 analyst reports since August 5, 2015 according to SRatingsIntel. The company was downgraded on Wednesday, November 2 by JP Morgan. JP Morgan maintained the stock with “Neutral” rating in Wednesday, February 14 report. The firm earned “Outperform” rating on Wednesday, July 19 by Credit Suisse. FBR Capital maintained the shares of CSOD in report on Thursday, November 9 with “Buy” rating. The stock of Cornerstone OnDemand, Inc. (NASDAQ:CSOD) has “Outperform” rating given on Thursday, February 11 by Credit Suisse. As per Friday, September 2, the company rating was initiated by Piper Jaffray. Needham maintained it with “Strong Buy” rating and $45 target in Thursday, July 30 report. Needham downgraded the stock to “Buy” rating in Friday, November 4 report. The firm has “Outperform” rating by FBR Capital given on Wednesday, January 13. Barclays Capital maintained it with “Underweight” rating and $33 target in Thursday, November 9 report.

Investors sentiment increased to 1.28 in 2017 Q3. Its up 0.06, from 1.22 in 2017Q2. It is positive, as 23 investors sold CSOD shares while 41 reduced holdings. 31 funds opened positions while 51 raised stakes. 52.04 million shares or 3.28% more from 50.39 million shares in 2017Q2 were reported. Invesco Limited reported 0% stake. Credit Suisse Ag invested in 0.02% or 553,160 shares. National Bank Of Montreal Can holds 0% of its portfolio in Cornerstone OnDemand, Inc. (NASDAQ:CSOD) for 33,006 shares. Panagora Asset Mgmt Inc accumulated 3,623 shares or 0% of the stock. First Advsrs Ltd Partnership reported 0.16% of its portfolio in Cornerstone OnDemand, Inc. (NASDAQ:CSOD). Tower Lc (Trc) owns 7,075 shares. Eagle Asset Mngmt owns 0.52% invested in Cornerstone OnDemand, Inc. (NASDAQ:CSOD) for 2.22 million shares. Edge Wealth Mngmt Limited Co owns 3,616 shares. Soros Fund Mngmt Ltd Co owns 0.24% invested in Cornerstone OnDemand, Inc. (NASDAQ:CSOD) for 248,166 shares. Sheffield Asset Mgmt Limited Liability Co holds 13.1% or 826,263 shares. Eaton Vance Mngmt reported 82,500 shares stake. Amalgamated Retail Bank holds 0.01% of its portfolio in Cornerstone OnDemand, Inc. (NASDAQ:CSOD) for 6,623 shares. Brandywine Managers Ltd Company holds 0.19% or 15,970 shares in its portfolio. Manufacturers Life Insur The owns 39,658 shares. Sumitomo Mitsui Asset Mngmt Company reported 0.36% in Cornerstone OnDemand, Inc. (NASDAQ:CSOD).

Rgm Capital Llc, which manages about $775.24M and $968.49 million US Long portfolio, decreased its stake in Lam Research Corp (NASDAQ:LRCX) by 80,000 shares to 442,062 shares, valued at $81.80 million in 2017Q3, according to the filing. It also reduced its holding in Model N Inc (NYSE:MODN) by 371,559 shares in the quarter, leaving it with 1.30 million shares, and cut its stake in Callidus Software Inc (NASDAQ:CALD).

Since September 14, 2017, it had 0 insider buys, and 6 sales for $2.75 million activity. BURLINGAME HAROLD W also sold $80,000 worth of Cornerstone OnDemand, Inc. (NASDAQ:CSOD) shares. Another trade for 3,000 shares valued at $104,430 was sold by Baker R C Mark.

Among 53 analysts covering Apple Inc. (NASDAQ:AAPL), 34 have Buy rating, 1 Sell and 18 Hold. Therefore 64% are positive. Apple Inc. had 378 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by J.P. Morgan with “Buy” on Wednesday, September 13. The rating was maintained by Cowen & Co with “Market Perform” on Tuesday, December 22. Goldman Sachs maintained Apple Inc. (NASDAQ:AAPL) rating on Thursday, July 13. Goldman Sachs has “Buy” rating and $17000 target. On Tuesday, June 6 the stock rating was maintained by Oppenheimer with “Hold”. KeyBanc Capital Markets maintained Apple Inc. (NASDAQ:AAPL) on Monday, July 10 with “Hold” rating. The rating was maintained by RBC Capital Markets with “Buy” on Monday, July 31. The firm earned “Neutral” rating on Thursday, August 27 by Bank of America. FBR Capital maintained the shares of AAPL in report on Wednesday, December 23 with “Outperform” rating. The rating was maintained by FBR Capital on Friday, February 12 with “Outperform”. The company was upgraded on Monday, January 11 by Mizuho.

Since August 24, 2017, it had 0 insider buys, and 5 sales for $26.38 million activity. 56,808 Apple Inc. (NASDAQ:AAPL) shares with value of $8.79 million were sold by SCHILLER PHILIP W. Riccio Daniel J. had sold 15,642 shares worth $2.42 million on Thursday, October 5. The insider Srouji Johny sold $948,612. COOK TIMOTHY D had sold 268,623 shares worth $43.15 million.

Investors sentiment increased to 0.7 in Q3 2017. Its up 0.02, from 0.68 in 2017Q2. It increased, as 52 investors sold AAPL shares while 1034 reduced holdings. 116 funds opened positions while 640 raised stakes. 2.97 billion shares or 2.78% less from 3.06 billion shares in 2017Q2 were reported. Nottingham Advisors Inc accumulated 0.07% or 3,408 shares. Hollow Brook Wealth Management Limited Liability Company reported 51,947 shares. Eastern State Bank accumulated 2.44% or 223,580 shares. Moreover, Barr E S has 0.97% invested in Apple Inc. (NASDAQ:AAPL). Jones Collombin Investment Counsel Inc invested 3.1% in Apple Inc. (NASDAQ:AAPL). Meridian Management reported 27,323 shares. Davis R M has 2.97% invested in Apple Inc. (NASDAQ:AAPL). Bragg Fincl Advsr Inc reported 1.31% in Apple Inc. (NASDAQ:AAPL). Ww Asset Management reported 2.61% in Apple Inc. (NASDAQ:AAPL). Mutual Of America Capital Mgmt Limited Liability Company holds 711,134 shares. First Heartland Consultants Inc reported 2.52% of its portfolio in Apple Inc. (NASDAQ:AAPL). Schwartz Invest Counsel holds 0.03% or 3,330 shares in its portfolio. 135,929 are held by Granite Investment Prtnrs Limited Liability. Connor Clark Lunn Invest Ltd holds 0.87% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 942,264 shares. Primecap Mngmt Co Ca invested in 0.12% or 918,500 shares.

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on May, 1. They expect $2.72 EPS, up 29.52% or $0.62 from last year’s $2.1 per share. AAPL’s profit will be $13.80 billion for 16.13 P/E if the $2.72 EPS becomes a reality. After $3.89 actual EPS reported by Apple Inc. for the previous quarter, Wall Street now forecasts -30.08% negative EPS growth.

Cutler Capital Management Llc, which manages about $356.71M and $224.69M US Long portfolio, upped its stake in Citizens First Bank (NASDAQ:CZFC) by 14,675 shares to 55,000 shares, valued at $1.31 million in 2017Q3, according to the filing. It also increased its holding in Spirit Realty (Prn) by 4.66M shares in the quarter, for a total of 4.66M shares, and has risen its stake in Dominion Resource.

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