Callidus Software CEO Unloads $172,800 in Stock (CALD)
Callidus Software (NASDAQ:CALD) CEO Leslie Stretch sold 15,000 shares of the stock on the open market in a transaction dated Monday, August 11th. The shares were sold at an average price of $11.52, for a total transaction of $172,800.00. Following the sale, the chief executive officer now directly owns 505,228 shares in the company, valued at approximately $5,820,227. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Callidus Software (NASDAQ:CALD) traded up 0.96% on Wednesday, hitting $11.52. 265,924 shares of the company’s stock traded hands. Callidus Software has a one year low of $6.96 and a one year high of $15.50. The stock has a 50-day moving average of $11.52 and a 200-day moving average of $11.56. The company’s market cap is $554.1 million.
Callidus Software (NASDAQ:CALD) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.02 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.02. The company had revenue of $32.50 million for the quarter, compared to the consensus estimate of $31.01 million. During the same quarter last year, the company posted ($0.02) earnings per share. Callidus Software’s revenue was up 25.5% compared to the same quarter last year. On average, analysts predict that Callidus Software will post $0.14 earnings per share 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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