Callidus Software SVP Jimmy C. Duan Sells 10,000 Shares (CALD)
Callidus Software (NASDAQ:CALD) SVP Jimmy C. Duan sold 10,000 shares of the stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $13.80, for a total transaction of $138,000.00. Following the transaction, the senior vice president now directly owns 254,425 shares of the company’s stock, valued at approximately $3,511,065. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of Callidus Software (NASDAQ:CALD) traded up 0.42% on Wednesday, hitting $14.24. The stock had a trading volume of 751,584 shares. Callidus Software has a one year low of $4.10 and a one year high of $14.25. The stock has a 50-day moving average of $12.38 and a 200-day moving average of $9.53. The company’s market cap is $575.0 million.
Callidus Software (NASDAQ:CALD) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.02. The company had revenue of $30.80 million for the quarter, compared to the consensus estimate of $28.21 million. During the same quarter in the previous year, the company posted ($0.03) earnings per share. The company’s revenue for the quarter was up 28.9% on a year-over-year basis. Analysts expect that Callidus Software will post $0.07 EPS for the current fiscal year.
A number of analysts have recently weighed in on CALD shares. Analysts at Zacks downgraded shares of Callidus Software from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, December 10th. They now have a $13.20 price target on the stock. Separately, analysts at Northland Securities raised their price target on shares of Callidus Software from $12.00 to $14.00 in a research note to investors on Tuesday, November 26th. Finally, analysts at Northland Capital Partners raised their price target on shares of Callidus Software from $12.00 to $14.00 in a research note to investors on Tuesday, November 26th. They now have an “outperform” rating on the stock. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $12.87.
Callidus Software Inc, provides cloud-based solutions for sales effectiveness, sold to companies of every size throughout the world.
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