Callidus Software (NASDAQ:CALD) Receives News Sentiment Rating of 0.10

Media coverage about Callidus Software (NASDAQ:CALD) has trended somewhat positive this week, Accern reports. Accern rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded 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 0.10 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 46.0036201979717 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the news stories that may have impacted Accern’s scoring:

Callidus Software (NASDAQ:CALD) traded up $0.50 during mid-day trading on Thursday, reaching $27.55. The company’s stock had a trading volume of 331,787 shares, compared to its average volume of 399,352. Callidus Software has a 52-week low of $16.02 and a 52-week high of $30.60.

Several brokerages have recently commented on CALD. B. Riley reissued a “buy” rating and issued a $28.00 target price on shares of Callidus Software in a report on Wednesday, August 9th. BidaskClub downgraded Callidus Software from a “strong-buy” rating to a “buy” rating in a report on Wednesday. Piper Jaffray Companies reiterated a “buy” rating and set a $33.00 target price on shares of Callidus Software in a research report on Monday. Oppenheimer reiterated a “buy” rating and set a $30.00 target price on shares of Callidus Software in a research report on Friday, September 29th. Finally, Zacks Investment Research upgraded shares of Callidus Software from a “sell” rating to a “hold” rating and set a $31.00 target price for the company in a research report on Tuesday, November 7th. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $29.67.

In related news, CFO Roxanne Oulman sold 6,200 shares of the firm’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $28.01, for a total value of $173,662.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Jimmy C. Duan sold 15,000 shares of the firm’s stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $29.25, for a total transaction of $438,750.00. Following the completion of the sale, the executive vice president now owns 300,075 shares of the company’s stock, valued at $8,777,193.75. The disclosure for this sale can be found here. Corporate insiders own 1.61% of the company’s stock.

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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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