Callidus Software SVP Jimmy Duan Sells 30,000 Shares (CALD)
Callidus Software (NASDAQ:CALD) SVP Jimmy Duan unloaded 30,000 shares of the stock on the open market in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of $9.06, for a total value of $271,800.00. Following the completion of the transaction, the senior vice president now directly owns 261,626 shares in the company, valued at approximately $2,370,332. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
CALD has been the subject of a number of recent research reports. Analysts at Northland Securities reiterated a “buy” rating on shares of Callidus Software (NASDAQ:CALD) in a research note to investors on Monday, September 9th. They now have a $10.00 price target on the stock. Separately, analysts at Roth Capital raised their price target on shares of Callidus Software (NASDAQ:CALD) from $8.00 to $10.00 in a research note to investors on Monday, September 9th. They now have a “buy” rating on the stock. Finally, analysts at B. Riley raised their price target on shares of Callidus Software (NASDAQ:CALD) from $7.00 to $9.00 in a research note to investors on Thursday, August 1st. They now have a “buy” rating on the stock.
Five investment analysts have rated the stock with a buy rating, Callidus Software currently has a consensus rating of “Buy” and a consensus target price of $9.75.
Shares of Callidus Software (NASDAQ:CALD) traded up 0.33% on Tuesday, hitting $9.09. The stock had a trading volume of 272,159 shares. Callidus Software has a 52 week low of $3.60 and a 52 week high of $9.27. The stock’s 50-day moving average is $7.9 and its 200-day moving average is $6.17. The company’s market cap is $345.6 million.
Callidus Software (NASDAQ:CALD) last released its earnings data on Thursday, August 1st. The company reported ($0.02) EPS for the quarter. The company had revenue of $25.90 million for the quarter, compared to the consensus estimate of $25.11 million. During the same quarter last year, the company posted ($0.03) earnings per share. Callidus Software’s revenue was up 9.0% compared to the same quarter last year. Analysts expect that Callidus Software will post $0.03 EPS for the current fiscal year.
Callidus Software Inc, provides cloud-based solutions for sales effectiveness, sold to companies of every size throughout the world.
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