Callidus Software (CALD) : Lyon Street Capital scooped up 186,811 additional shares in Callidus Software during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 585,936 shares of Callidus Software which is valued at $11,513,642.Callidus Software makes up approximately 5.78% of Lyon Street Capital’s portfolio.
Other Hedge Funds, Including , Highbridge Capital Management sold out all of its stake in CALD during the most recent quarter. The investment firm sold 18,682 shares of CALD which is valued $367,101. Menta Capital sold out all of its stake in CALD during the most recent quarter. The investment firm sold 11,153 shares of CALD which is valued $219,156.Elk Creek Partners reduced its stake in CALD by selling 70,574 shares or 8.35% in the most recent quarter. The Hedge Fund company now holds 774,266 shares of CALD which is valued at $15,214,327. Callidus Software makes up approx 0.98% of Elk Creek Partners’s portfolio.Falcon Point Capital boosted its stake in CALD in the latest quarter, The investment management firm added 10,326 additional shares and now holds a total of 831,780 shares of Callidus Software which is valued at $17,359,249. Callidus Software makes up approx 2.91% of Falcon Point Capital’s portfolio.
Callidus Software closed down -0.11 points or -0.57% at $19.21 with 4,75,582 shares getting traded on Thursday. Post opening the session at $19.29, the shares hit an intraday low of $18.94 and an intraday high of $19.3 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
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.