Legal & General Group Plc Grows Position in Callidus Software Inc. (CALD)

Legal & General Group Plc increased its position in shares of Callidus Software Inc. (NASDAQ:CALD) by 116.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,587 shares of the technology company’s stock after purchasing an additional 18,091 shares during the quarter. Legal & General Group Plc’s holdings in Callidus Software were worth $828,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Sei Investments Co. raised its holdings in Callidus Software by 41.8% in the 2nd quarter. Sei Investments Co. now owns 15,598 shares of the technology company’s stock valued at $378,000 after buying an additional 4,595 shares during the last quarter. Schwab Charles Investment Management Inc. increased its position in Callidus Software by 4.4% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 276,477 shares of the technology company’s stock valued at $6,691,000 after purchasing an additional 11,564 shares during the period. First Trust Advisors LP acquired a new stake in Callidus Software during the 2nd quarter valued at approximately $1,045,000. Rhumbline Advisers increased its position in Callidus Software by 6.5% during the 2nd quarter. Rhumbline Advisers now owns 73,501 shares of the technology company’s stock valued at $1,779,000 after purchasing an additional 4,470 shares during the period. Finally, Bank of New York Mellon Corp increased its position in Callidus Software by 28.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 407,999 shares of the technology company’s stock valued at $9,874,000 after purchasing an additional 90,302 shares during the period. 92.11% of the stock is owned by institutional investors and hedge funds.

Shares of Callidus Software Inc. (CALD) opened at $29.00 on Thursday. Callidus Software Inc. has a twelve month low of $16.10 and a twelve month high of $30.60. The firm has a market capitalization of $1,980.00, a PE ratio of -82.86 and a beta of 0.84.

Several analysts have recently commented on the stock. Zacks Investment Research downgraded shares of Callidus Software from a “buy” rating to a “hold” rating in a research report on Wednesday. First Analysis assumed coverage on shares of Callidus Software in a research report on Friday, November 17th. They set an “equal weight” rating and a $32.00 price objective for the company. Dougherty & Co reaffirmed a “buy” rating and set a $35.00 price objective on shares of Callidus Software in a research report on Tuesday, December 19th. BidaskClub raised shares of Callidus Software from a “buy” rating to a “strong-buy” rating in a research report on Friday, December 15th. Finally, Jefferies Group lifted their price target on shares of Callidus Software from $29.00 to $32.00 and gave the company a “buy” rating in a research report on Friday, November 3rd. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. Callidus Software has an average rating of “Buy” and an average target price of $30.20.

In other Callidus Software news, CFO Roxanne Oulman sold 6,200 shares of the business’s stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $28.01, for a total value of $173,662.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Jimmy C. Duan sold 15,000 shares of the company’s stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of $29.25, for a total value of $438,750.00. Following the transaction, the executive vice president now owns 300,075 shares of the company’s stock, valued at approximately $8,777,193.75. The disclosure for this sale can be found here. 1.61% of the stock is currently owned by insiders.

TRADEMARK VIOLATION WARNING: This piece of content was first reported by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are reading this piece of content on another domain, it was copied illegally and reposted in violation of United States & international copyright and trademark law. The correct version of this piece of content can be read at https://www.chaffeybreeze.com/2018/01/04/legal-general-group-plc-grows-position-in-callidus-software-inc-cald.html.

Callidus Software 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.

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).

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

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

Latest News

Leave a Reply