Callidus Software, Inc. (CALD) Shares Bought by Royce & Associates LP

Royce & Associates LP grew its position in Callidus Software, Inc. (NASDAQ:CALD) by 33.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 132,000 shares of the technology company’s stock after buying an additional 33,000 shares during the period. Royce & Associates LP owned approximately 0.20% of Callidus Software worth $3,194,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in CALD. Teachers Advisors LLC grew its holdings in shares of Callidus Software by 10.5% in the 4th quarter. Teachers Advisors LLC now owns 96,701 shares of the technology company’s stock valued at $1,625,000 after buying an additional 9,190 shares during the period. US Bancorp DE grew its holdings in shares of Callidus Software by 13.3% in the 1st quarter. US Bancorp DE now owns 6,690 shares of the technology company’s stock valued at $142,000 after buying an additional 784 shares during the period. Bank of New York Mellon Corp grew its holdings in shares of Callidus Software by 4.2% in the 1st quarter. Bank of New York Mellon Corp now owns 317,697 shares of the technology company’s stock valued at $6,783,000 after buying an additional 12,684 shares during the period. Swiss National Bank grew its holdings in shares of Callidus Software by 2.2% in the 1st quarter. Swiss National Bank now owns 104,600 shares of the technology company’s stock valued at $2,233,000 after buying an additional 2,300 shares during the period. Finally, UBS Asset Management Americas Inc. grew its holdings in shares of Callidus Software by 8.2% in the 1st quarter. UBS Asset Management Americas Inc. now owns 761,808 shares of the technology company’s stock valued at $16,265,000 after buying an additional 57,547 shares during the period. 95.59% of the stock is owned by institutional investors.

Several equities analysts have recently issued reports on the stock. B. Riley reissued a “buy” rating and issued a $28.00 price target on shares of Callidus Software in a report on Friday, August 4th. BidaskClub lowered shares of Callidus Software from a “strong-buy” rating to a “buy” rating in a report on Friday, August 11th. Piper Jaffray Companies set a $27.00 price target on shares of Callidus Software and gave the company a “buy” rating in a report on Saturday, August 5th. ValuEngine raised shares of Callidus Software from a “sell” rating to a “hold” rating in a report on Thursday, August 3rd. Finally, Jefferies Group LLC assumed coverage on shares of Callidus Software in a report on Wednesday, July 26th. They issued a “buy” rating and a $29.00 price target for the company. Three research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $25.13.

In other Callidus Software news, Director Kevin Klausmeyer sold 9,000 shares of Callidus Software stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $24.75, for a total value of $222,750.00. Following the completion of the sale, the director now directly owns 30,253 shares of the company’s stock, valued at $748,761.75. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Roxanne Oulman sold 5,500 shares of Callidus Software stock in a transaction on Thursday, August 10th. The shares were sold at an average price of $23.89, for a total transaction of $131,395.00. Following the completion of the sale, the chief financial officer now directly owns 159,201 shares of the company’s stock, valued at $3,803,311.89. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 171,059 shares of company stock valued at $4,244,764. Insiders own 1.61% of the company’s stock.

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Callidus Software, Inc. (NASDAQ:CALD) opened at 24.50 on Monday. The firm’s market capitalization is $1.66 billion. The company has a 50-day moving average of $24.38 and a 200-day moving average of $22.18. Callidus Software, Inc. has a 52 week low of $15.15 and a 52 week high of $25.90.

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

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.

Institutional Ownership by Quarter for Callidus Software (NASDAQ:CALD)

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