January 24, 2018

Formula Growth Ltd. Lowers Stake in Callidus Software Inc. (CALD)

13 January 2018, 12:08 | Hattie Nash

BlackRock Inc. increased its stake in shares of Callidus Software by 5.8% in the second quarter. (NASDAQ CALD) traded down $0.30 on Wednesday, reaching $29.65. Further, company shares have been seen trading -3.27% off of the 52 week high and 79.39% away from the 52 week low.

BidaskClub upgraded shares of Callidus Software (NASDAQ:CALD) from a buy rating to a strong-buy rating in a research note published on Friday, December 15th. It has outperformed by 5.59% the S&P500.

Analysts are also projecting an Average Revenue Estimate for Callidus Software $65540 in the Current Quarter.

School canceled Friday ahead of winter storm
The ice and snow could make for hazardous driving conditions throughout the day Friday and into the night. The district said Jun. 1 is still a potential make-up day if schools have additional weather closures.

The stock decreased 0.24% or $0.01 during the last trading session, reaching $6.13. About 66.40 million shares traded. It has underperformed by 21.16% the S&P500. Callidus Software Inc. has a twelve month low of $16.30 and a twelve month high of $30.60. Therefore 82% are positive.

Analysts await Callidus Software Inc. (NASDAQ:CALD). According to First Call, the consensus price target for the company is $31.82. Northland Capital maintained Callidus Software Inc. (NASDAQ:CALD) on Friday, July 31 with "Outperform" rating. The firm has "Buy" rating by Oppenheimer given on Friday, June 30. The stock has "Buy" rating by Lake Street on Wednesday, February 8. (NASDAQ:CALD) earned "Buy" rating by Piper Jaffray on Friday, August 4. The firm earned "Buy" rating on Sunday, December 3 by Piper Jaffray. More interesting news about Callidus Software Inc. Credit Suisse has "Outperform" rating and $22 target. While cautious optimism may be the prevailing sentiment, many investors will be looking to take the portfolio to the next level. Its up 0.01, from 1.08 in 2017Q2. (NASDAQ:CALD). Northern Trust Corporation reported 907,171 shares stake. Wells Fargo Mn accumulated 60,796 shares. The Florida-based Eagle Asset Mngmt has invested 0.05% in Callidus Software Inc. (NASDAQ:CALD). King Luther Cap Mgmt accumulated 67,950 shares. Beta value of the stock is marked at 0.97. Cumberland Partners Limited holds 0.05% or 285,000 shares in its portfolio. In the past 3-month period alone, shares of CALD have appreciated +4.45 - or +17.42%. Bank & Trust Of America De invested in 19,655 shares. (NASDAQ:CALD). Menta Cap Llc reported 23,650 shares or 0.09% of all its holdings. Hot Stocks Point (HSP) makes sure to keep the information up to date and correct, but we didn't suggest or recommend buying or selling of any financial instrument unless that information is subsequently confirmed on your own. Pub Employees Retirement Of Ohio invested in 290,895 shares. Fmr Ltd reported 0.01% stake. Vanguard Grp Inc owns 951,158 shares.

This recommendation falls on a scale from 1 to 5 where a 1 or 2 indicates a Buy recommendation, 3 a Hold and 4-5 a Sell. On Tuesday, August 8 KLAUSMEYER KEVIN sold $222,750 worth of Callidus Software Inc. (NASDAQ:CALD) or 9,000 shares. Shares for $903,751 were sold by Stretch Leslie. Another trade for 14,863 shares valued at $374,250 was made by Duan Jimmy C. on Monday, August 7. Shares for $131,395 were sold by Oulman Roxanne.

Medallion Financial (MFIN) Trading Up -3.5%
A high P/E suggests that investors are expecting higher earnings growth in the future compared to companies with a lower P/E. The indicator is non-directional meaning that it gauges trend strength whether the stock price is trending higher or lower.

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. It now has negative earnings. It offers Lead to Money suite and technology solutions, which include sales performance management solutions, such as Commissions, Incentive Compensation Management, Producer Pro, Telco Dealer Pro, MySalesGame, and Badgeville (Gamification); and sales enablement solutions, including Sales Performance Manager, Litmos Learning Management System, Litmos Content, and Litmos Marketplace. Drilling down, the stock is 2.79% for the past month and -10.75% for the week. Comstock Elizabeth J sold 24,693 shares worth $633,375. State Street has 18,895 shares for 0% of their portfolio. General Electric Company had 81 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Credit Suisse on Monday, September 19 with "Outperform". The firm has "Equal-Weight" rating given on Thursday, October 6 by Morgan Stanley. Analysts rating the company a 3 indicate a Hold recommendation. The firm earned "Hold" rating on Monday, September 7 by Zacks. Also, it has an estimated price-earnings (P/E) multiple of 18.51 and a trailing 12-month price-earnings (P/E) multiple of 19.39.

Whereas they predicted High and Low Earnings Estimate as $0.13 and $0.11 respectively.

Investors sentiment decreased to 1.16 in Q3 2017. Its down 0.10, from 0.79 in 2017Q2. It is negative, as 112 investors sold GE shares while 818 reduced holdings. M&R Capital Management Inc owns 2,276 shares. International Grp Inc Inc reported 0% stake. Pier Capital Limited Com reported 0.91% stake. Sigma Planning Corp holds 0.09% or 42,779 shares in its portfolio. Raymond James And holds 0% or 8,129 shares. Rmb accumulated 106,598 shares. Gam Holdings Ag invested in 0% or 75,000 shares.

Analysts Set Lam Research Co. (LRCX) Target Price at $212.89
Oakmont Corp increased its stake in Lam Research Corp ( LRCX ) by 3.83% based on its latest 2017Q3 regulatory filing with the SEC. Prelude Capital Mngmt Limited owns 227,347 shares for 0.07% of their portfolio. (NASDAQ:ONCE) to report earnings on February, 28.

Other News

Trending Now

Beagle scores in final seconds to cap Caps' comeback
Oshie pressured All-Star Noah Hanifin into a turnover behind the net and Connolly snapped the loose puck between Cam Ward's legs. Jay Beagle scored with 1.3 seconds remaining and Washington rallied to beat host Carolina 4-3 on Friday night.

3 bodies recovered as chopper with ONGC staff on board, crashes
Debris of the helicopter owned by Pawan Hans was found 22 miles off the Mumbai coast. Large scale Indian Coast Guard sear and rescue operation underway.

Walmart Closing 63 Sam's Clubs, Turning 12 into Ecommerce Fulfillment Centers
For the latest breaking news and stories from across the Tri-State, follow Eyewitness News on Facebook and Twitter . MCEVERS: As we just heard, these closings came as a surprise to the people, you know, who work in these stores.

Natalie Portman points at all-male Best Director nominees at Golden Globes
Zoe Saldana said, "And then my girl Natalie Portman names the all "male" nominees for best director! ". Natalie Portman and Ron Howard followed Oprah Winfrey's passionate Cecil B.

Amgen Inc (NASDAQ:AMGN) Institutional Investors Q3 2017 Sentiment
Cleararc Capital Inc increased Amazon Com Inc Com (NASDAQ:AMZN) stake by 558 shares to 10,329 valued at $9.93 million in 2017Q3. Harper sold 1,525 shares of Amgen stock in a transaction dated Monday, November 13th. (NASDAQ: AMGN ) on Tuesday, December 12.

Reflections on the Current State of MannKind Corp. (MNKD)
The biopharmaceutical company reported ($0.31) EPS for the quarter, missing analysts' consensus estimates of ($0.20) by ($0.11). Following the acquisition, the vice president now directly owns 59,840 shares of the company's stock, valued at $150,796.80.

Brokerages Expect ONEOK, Inc
Two analysts have issued estimates for ONEOK's earnings, with estimates ranging from $3.26 billion to $4.10 billion. (NYSE:OKE). Bollard Group Llc decreased its stake in Bp Plc Sp Adr (BP) by 68.4% based on its latest 2017Q3 regulatory filing with the SEC.

USA crude oil prices hit more than 3-year high
Also, the dollar fell in a broad sell-off after a report that China was ready to slow or halt its USA treasury purchases. Platts last week expected a 5.7 barrel million draw, though federal data showed a decrease of 7.4 million barrels.

Burning Stock on the move: Zayo Group Holdings, Inc. (ZAYO)
The firm has "Buy" rating by MoffettNathanson given on Wednesday, August 5. (NYSE: ZAYO ) on Tuesday, August 22 with "Buy" rating. World Asset Management Inc bought a new position in shares of Zayo Group during the 3rd quarter valued at approximately $293,000.

Republic Services, Inc. (NYSE:RSG) Charts Indicating Positive Momentum
Jamie Zimmerman decreased its stake in Depomed Ord (DEPO) by 97.36% based on its latest 2017Q3 regulatory filing with the SEC. Stifel Nicolaus has " Buy " rating and $64 target. (NYSE: RSG ) or 920,619 shares. $940,762 worth of Republic Services, Inc .