Insider Selling: Callidus Software, Inc. (NASDAQ:CALD) CFO Sells 6,200 Shares of Stock

Callidus Software, Inc. (NASDAQ:CALD) CFO Roxanne Oulman sold 6,200 shares of Callidus Software stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $28.01, for a total transaction of $173,662.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Shares of Callidus Software, Inc. (NASDAQ:CALD) traded up $0.10 during mid-day trading on Tuesday, reaching $26.45. 632,837 shares of the company’s stock traded hands, compared to its average volume of 399,592. Callidus Software, Inc. has a 1-year low of $15.55 and a 1-year high of $30.60.

Several equities analysts have recently issued reports on the stock. B. Riley reiterated a “buy” rating and set a $28.00 target price on shares of Callidus Software in a report on Wednesday, September 27th. BidaskClub downgraded shares of Callidus Software from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 11th. Oppenheimer reiterated a “buy” rating and set a $30.00 price target on shares of Callidus Software in a research note on Monday, September 18th. Piper Jaffray Companies reiterated a “buy” rating and set a $33.00 price target on shares of Callidus Software in a research note on Monday. Finally, First Analysis assumed coverage on shares of Callidus Software in a research note on Friday, November 17th. They set an “equal weight” rating and a $32.00 price target on the stock. Four research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $29.67.

A number of large investors have recently modified their holdings of CALD. BlackRock Inc. grew its stake in Callidus Software by 5.8% in the 2nd quarter. BlackRock Inc. now owns 4,035,198 shares of the technology company’s stock worth $97,652,000 after acquiring an additional 220,174 shares in the last quarter. Janus Henderson Group PLC grew its stake in Callidus Software by 2.2% in the 3rd quarter. Janus Henderson Group PLC now owns 3,569,127 shares of the technology company’s stock worth $87,979,000 after acquiring an additional 75,187 shares in the last quarter. Capital World Investors grew its stake in Callidus Software by 94.7% in the 2nd quarter. Capital World Investors now owns 3,310,000 shares of the technology company’s stock worth $80,102,000 after acquiring an additional 1,610,000 shares in the last quarter. Wasatch Advisors Inc. grew its stake in Callidus Software by 4.7% in the 2nd quarter. Wasatch Advisors Inc. now owns 3,242,822 shares of the technology company’s stock worth $78,476,000 after acquiring an additional 144,840 shares in the last quarter. Finally, Vanguard Group Inc. grew its stake in Callidus Software by 4.2% in the 2nd quarter. Vanguard Group Inc. now owns 2,865,837 shares of the technology company’s stock worth $69,354,000 after acquiring an additional 115,098 shares in the last quarter. Institutional investors own 92.13% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: “Insider Selling: Callidus Software, Inc. (NASDAQ:CALD) CFO Sells 6,200 Shares of Stock” was published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this news story on another domain, it was copied illegally and republished in violation of US & international copyright and trademark law. The correct version of this news story can be viewed at https://www.dispatchtribunal.com/2017/12/05/callidus-software-inc-cald-cfo-sells-173662-00-in-stock.html.

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.

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

Receive News & Ratings for Callidus Software Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Callidus Software Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply