Callidus Software (NASDAQ:CALD) Receives Daily Media Impact Rating of 0.57

News stories about Callidus Software (NASDAQ:CALD) have been trending very positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Callidus Software earned a media sentiment score of 0.57 on Accern’s scale. Accern also assigned headlines about the technology company an impact score of 23 out of 100, indicating that recent press coverage is very unlikely to have an impact on the company’s share price in the near term.

Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:

Shares of Callidus Software (NASDAQ CALD) traded up 0.43% during trading on Friday, reaching $23.35. The company’s stock had a trading volume of 201,899 shares. Callidus Software has a 12-month low of $15.15 and a 12-month high of $25.90. The company has a 50 day moving average of $24.00 and a 200-day moving average of $21.46. The stock’s market cap is $1.58 billion.

Callidus Software (NASDAQ:CALD) last posted its quarterly earnings data on Thursday, August 3rd. The technology company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by $0.13. The company had revenue of $61.30 million during the quarter, compared to the consensus estimate of $58.95 million. Callidus Software had a negative net margin of 10.08% and a negative return on equity of 6.25%. Callidus Software’s revenue for the quarter was up 23.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.06 earnings per share. Analysts forecast that Callidus Software will post $0.33 EPS for the current year.

Several brokerages have weighed in on CALD. Piper Jaffray Companies set a $27.00 price objective on Callidus Software and gave the company a “buy” rating in a research note on Saturday, August 5th. B. Riley reaffirmed a “buy” rating and set a $28.00 target price on shares of Callidus Software in a research report on Wednesday. Jefferies Group LLC began coverage on Callidus Software in a report on Wednesday, July 26th. They issued a “buy” rating and a $29.00 price objective for the company. BidaskClub raised Callidus Software from a “buy” rating to a “strong-buy” rating in a report on Tuesday, June 27th. Finally, ValuEngine raised Callidus Software from a “sell” rating to a “hold” rating in a report on Thursday, August 3rd. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $25.13.

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In other news, EVP Jimmy C. Duan sold 14,863 shares of the firm’s stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $25.18, for a total value of $374,250.34. Following the completion of the sale, the executive vice president now directly owns 322,236 shares of the company’s stock, valued at approximately $8,113,902.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Leslie Stretch sold 104,509 shares of the firm’s stock in a transaction that occurred on Wednesday, July 26th. The stock was sold at an average price of $25.00, for a total value of $2,612,725.00. Following the sale, the insider now directly owns 324,145 shares of the company’s stock, valued at $8,103,625. The disclosure for this sale can be found here. Insiders sold a total of 221,776 shares of company stock valued at $5,417,341 over the last ninety days. Corporate insiders own 1.61% of the company’s stock.

Callidus Software Company Profile

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.

Insider Buying and Selling by Quarter for Callidus Software (NASDAQ:CALD)

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