Bay Partners XI L P, 10% Owner at Cornerstone OnDemand Inc (CSOD), sold 866,095 shares at $12.07 ($11.5M) on 2011-03-22, disclosed to the SEC on 2011-03-23.
Open-market sale of $11.5M CSOD by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $12.07 | 3,500 | $42K | 0.4% |
| 2 | $12.07 | 696,500 | $8.4M | 73.0% |
| 3 | $18.50 | 831 | $15K | 0.1% |
| 4 | $18.50 | 165,264 | $3.1M | 26.5% |
| Total | $13.30 avg | 866,095 | $11.5M | 100% |