Media headlines about Callidus Software (NASDAQ:CALD) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Callidus Software earned a daily sentiment score of 0.13 on Accern’s scale. Accern also assigned news coverage about the technology company an impact score of 46.1035558580386 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Shares of Callidus Software (CALD) opened at $29.27 on Friday. Callidus Software has a 1 year low of $15.15 and a 1 year high of $30.60.
A number of research analysts have issued reports on the stock. B. Riley reissued a “buy” rating and set a $28.00 price objective on shares of Callidus Software in a research report on Friday, August 4th. BidaskClub downgraded shares of Callidus Software from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 11th. Oppenheimer reaffirmed a “buy” rating and issued a $30.00 target price on shares of Callidus Software in a research report on Friday, September 29th. Piper Jaffray Companies set a $27.00 target price on shares of Callidus Software and gave the stock a “buy” rating in a research report on Saturday, August 5th. Finally, Zacks Investment Research raised shares of Callidus Software from a “sell” rating to a “hold” rating and set a $31.00 target price on the stock in a research report on Tuesday, November 7th. Four research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $29.00.
In related news, CFO Roxanne Oulman sold 6,200 shares of the stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $28.01, for a total transaction of $173,662.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Jimmy C. Duan sold 15,000 shares of the 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 sale, the executive vice president now directly owns 300,075 shares in the company, 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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About Callidus Software
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.
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