News coverage about Callidus Software (NASDAQ:CALD) has trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by monitoring more than twenty 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 daily sentiment score of 0.10 on Accern’s scale. Accern also assigned news stories about the technology company an impact score of 45.6108582650041 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
Several equities analysts have recently commented on CALD shares. Dougherty & Co restated a “buy” rating and set a $35.00 price target on shares of Callidus Software in a report on Tuesday, December 19th. BidaskClub cut shares of Callidus Software from a “strong-buy” rating to a “buy” rating in a report on Wednesday, December 6th. Piper Jaffray Companies restated a “buy” rating and set a $33.00 price target on shares of Callidus Software in a report on Monday, December 4th. First Analysis started coverage on shares of Callidus Software in a report on Friday, November 17th. They set an “equal weight” rating and a $32.00 price target on the stock. Finally, Zacks Investment Research upgraded shares of Callidus Software from a “sell” rating to a “hold” rating and set a $31.00 price target on the stock in a report on Tuesday, November 7th. Eleven investment analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. Callidus Software has a consensus rating of “Hold” and a consensus target price of $32.91.
Shares of Callidus Software (NASDAQ:CALD) opened at $35.95 on Wednesday. The stock has a market cap of $2,385.93, a price-to-earnings ratio of -115.96 and a beta of 1.14. Callidus Software has a fifty-two week low of $19.25 and a fifty-two week high of $36.25.
In related news, insider Leslie Stretch sold 15,354 shares of the company’s stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $28.33, for a total value of $434,978.82. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.61% of the company’s stock.
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.