News headlines about Callidus Software (NASDAQ:CALD) have been trending somewhat positive recently, according to Accern Sentiment. The research firm ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Callidus Software earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave press coverage about the technology company an impact score of 45.8913729090436 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Callidus Software (NASDAQ:CALD) traded down $0.15 during mid-day trading on Tuesday, reaching $28.50. 394,914 shares of the company traded hands, compared to its average volume of 339,300. Callidus Software has a 1 year low of $16.10 and a 1 year high of $30.60. The company has a market cap of $1,951.49, a PE ratio of -79.16 and a beta of 0.85.
Several research firms have weighed in on CALD. B. Riley restated a “buy” rating and set a $28.00 target price on shares of Callidus Software in a report on Friday, September 22nd. Oppenheimer reaffirmed a “buy” rating and issued a $30.00 price target on shares of Callidus Software in a research report on Friday, September 29th. Dougherty & Co reaffirmed a “buy” rating and issued a $35.00 price target on shares of Callidus Software in a research report on Tuesday, December 19th. Zacks Investment Research raised Callidus Software from a “sell” rating to a “hold” rating and set a $31.00 price target on the stock in a research report on Tuesday, November 7th. Finally, BidaskClub raised Callidus Software from a “buy” rating to a “strong-buy” rating in a research report on Friday, December 15th. Three analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. Callidus Software currently has an average rating of “Buy” and an average price target of $30.20.
In other Callidus Software news, CFO Roxanne Oulman sold 6,200 shares of Callidus Software stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $28.01, for a total transaction of $173,662.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Jimmy C. Duan sold 15,000 shares of Callidus Software stock in a transaction on Monday, November 6th. The stock was sold at an average price of $29.25, for a total transaction of $438,750.00. Following the sale, the executive vice president now directly owns 300,075 shares of the company’s stock, valued at approximately $8,777,193.75. The disclosure for this sale can be found here. 1.61% of the stock is currently owned by 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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