Aperio Group LLC Buys 37,826 Shares of Callidus Software, Inc. (NASDAQ:CALD)
Aperio Group LLC increased its position in Callidus Software, Inc. (NASDAQ:CALD) by 163.9% during the second quarter, Holdings Channel reports. The fund owned 60,908 shares of the technology company’s stock after buying an additional 37,826 shares during the period. Aperio Group LLC’s holdings in Callidus Software were worth $1,474,000 as of its most recent filing with the SEC.
Several other institutional investors also recently modified their holdings of the company. UBS Asset Management Americas Inc. boosted its position in shares of Callidus Software by 8.2% in the first quarter. UBS Asset Management Americas Inc. now owns 761,808 shares of the technology company’s stock worth $16,265,000 after buying an additional 57,547 shares during the last quarter. Karp Capital Management Corp bought a new position in shares of Callidus Software during the first quarter worth about $493,000. MARSHALL WACE ASIA Ltd bought a new position in shares of Callidus Software during the first quarter worth about $5,421,000. American International Group Inc. boosted its position in shares of Callidus Software by 15.3% in the first quarter. American International Group Inc. now owns 36,889 shares of the technology company’s stock worth $788,000 after buying an additional 4,902 shares during the last quarter. Finally, Pier Capital LLC bought a new position in shares of Callidus Software during the first quarter worth about $5,963,000. 99.77% of the stock is owned by institutional investors and hedge funds.
Callidus Software, Inc. (NASDAQ CALD) traded up 0.43% during midday trading on Friday, reaching $23.35. The company had a trading volume of 201,899 shares. The stock’s market cap is $1.58 billion. Callidus Software, Inc. has a 12 month low of $15.15 and a 12 month high of $25.90. The firm has a 50-day moving average of $23.98 and a 200-day moving average of $21.50.
Callidus Software (NASDAQ:CALD) last announced its quarterly earnings data on Thursday, August 3rd. The technology company reported ($0.07) EPS 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 firm had revenue of $61.30 million for the quarter, compared to analyst estimates of $58.95 million. During the same quarter in the prior year, the firm earned $0.06 earnings per share. The firm’s revenue for the quarter was up 23.1% on a year-over-year basis. On average, equities analysts expect that Callidus Software, Inc. will post $0.33 EPS for the current fiscal year.
CALD has been the subject of a number of recent research reports. BidaskClub raised Callidus Software from a “buy” rating to a “strong-buy” rating in a report on Tuesday, June 27th. Dougherty & Co raised Callidus Software from a “sell” rating to a “neutral” rating in a report on Monday, May 8th. Oppenheimer Holdings, Inc. raised their price target on Callidus Software to $30.00 and gave the company an “outperform” rating in a report on Friday, June 30th. Piper Jaffray Companies set a $27.00 price target on Callidus Software and gave the company a “buy” rating in a report on Saturday, August 5th. Finally, ValuEngine raised Callidus Software from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $25.13.
In other Callidus Software news, CFO Roxanne Oulman sold 5,500 shares of the business’s stock in a transaction that occurred 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 transaction, the chief financial officer now directly owns 159,201 shares in the company, valued at $3,803,311.89. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Leslie Stretch sold 50,717 shares of the business’s stock in a transaction that occurred on Tuesday, May 30th. The shares were sold at an average price of $23.12, for a total transaction of $1,172,577.04. Following the transaction, the insider now owns 496,128 shares of the company’s stock, valued at $11,470,479.36. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 221,776 shares of company stock valued at $5,417,341. Company 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.
Want to see what other hedge funds are holding CALD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Callidus Software, Inc. (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 Analyst Ratings Network's FREE daily email newsletter.