News articles about Callidus Software (NASDAQ:CALD) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Callidus Software earned a daily sentiment score of 0.13 on Accern’s scale. Accern also assigned news stories about the technology company an impact score of 45.9594341000415 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
A number of research analysts have recently commented on CALD shares. Oppenheimer reissued a “buy” rating and set a $30.00 price target on shares of Callidus Software in a report on Monday, September 18th. B. Riley reissued a “buy” rating and set a $28.00 price target on shares of Callidus Software in a report on Friday, September 22nd. Zacks Investment Research lowered Callidus Software from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. Piper Jaffray Companies reissued a “buy” rating and set a $27.00 price target on shares of Callidus Software in a report on Wednesday, November 1st. Finally, Credit Suisse Group raised their price target on Callidus Software from $30.00 to $32.00 and gave the company an “outperform” rating in a report on Friday, November 3rd. Three research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $30.20.
Callidus Software (NASDAQ CALD) opened at $29.70 on Monday. The stock has a market capitalization of $2,023.02, a PE ratio of -82.50 and a beta of 0.85. Callidus Software has a fifty-two week low of $16.10 and a fifty-two week high of $30.60.
In related news, EVP Jimmy C. Duan sold 15,000 shares of the stock in a transaction on Monday, November 6th. The stock was sold at an average price of $29.25, for a total value of $438,750.00. Following the completion of the transaction, the executive vice president now owns 300,075 shares in the company, valued at approximately $8,777,193.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Leslie Stretch sold 15,354 shares of the stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $28.33, for a total value of $434,978.82. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 36,554 shares of company stock worth $1,047,391. 1.61% of the stock is owned by corporate insiders.
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About Callidus Software
Callidus Software Inc (Callidus) is a provider of cloud-based sales, marketing, learning and customer experience solutions. The Company’s CallidusCloud enables its customers to manage their Lead to Money process with a suite of solutions that identify leads, implement territory and quota plans, enable sales forces, automate bid configuration pricing and quoting, manage contracts, streamline sales compensation and capture customer feedback, among others.
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