Callidus Software (CALD) : Messner Smith Theme Value Investment Management Ltd Ca reduced its stake in Callidus Software by 0.83% during the most recent quarter end. The investment management company now holds a total of 140,130 shares of Callidus Software which is valued at $2,753,555 after selling 1,179 shares in Callidus Software , the firm said in a disclosure report filed with the SEC on Aug 10, 2016.Callidus Software makes up approximately 4.74% of Messner Smith Theme Value Investment Management Ltd Ca’s portfolio.
Other Hedge Funds, Including , Tower Research Capital (trc) added CALD to its portfolio by purchasing 23 company shares during the most recent quarter which is valued at $452. Washington Capital Management Inc sold out all of its stake in CALD during the most recent quarter. The investment firm sold 63,853 shares of CALD which is valued $1,221,508.Eam Investors reduced its stake in CALD by selling 2,423 shares or 5.44% in the most recent quarter. The Hedge Fund company now holds 42,079 shares of CALD which is valued at $804,971. Callidus Software makes up approx 0.11% of Eam Investors’s portfolio. Sigma Planning Corp added CALD to its portfolio by purchasing 19,675 company shares during the most recent quarter which is valued at $397,238. Callidus Software makes up approx 0.05% of Sigma Planning Corp’s portfolio.
Callidus Software opened for trading at $19.79 and hit $20.3 on the upside on Friday, eventually ending the session at $20.17, with a gain of 1.92% or 0.38 points. The heightened volatility saw the trading volume jump to 6,39,075 shares. Company has a market cap of $1,153 M.
On the company’s financial health, Callidus Software reported $0.06 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Aug 2, 2016. Analyst had a consensus of $0.05. The company had revenue of $49.80 million for the quarter, compared to analysts expectations of $50.32 million. The company’s revenue was up 19.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.03 EPS.
Many Wall Street Analysts have commented on Callidus Software. Callidus Software was Downgraded by Dougherty & Company to ” Neutral” on Aug 3, 2016.
Callidus Software Inc. is a provider of cloud-based sales marketing learning and customer experience solutions. The Companys CallidusCloud enables its customers to accelerate 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 for competitive advantage. The Company provides a range of services to its customers including professional services business process outsourcing services maintenance and technical support services and education services. Territory and Quota helps customers evaluate their territory quota distribution plans and strategies for meeting corporate sales goals.