SAP to buy Callidus Software in $2.4bn deal

SAP to buy Callidus Cloud for $2.4bn in renewed cloud push

Can boosted its position in Callidus Software by 49.5% during the third quarter. (NASDAQ:CALD) on Thursday, January 25 with "Buy" rating. Aqr Cap Mgmt Limited Com owns 9,665 shares or 0% of their USA portfolio. Company insiders own 1.61% of the company's stock. Oppenheimer Asset Management Inc owns 1,818 shares or 0% of their United States portfolio. Bancshares holds 0.01% or 17,955 shares. 894,900 were reported by Renaissance Tech Ltd. Invesco Limited reported 95,353 shares. LLC owned approximately 0.45% of Callidus Software worth $8,786,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Since August 7, 2017, it had 0 insider buys, and 5 insider sales for $2.07 million activity. 14,863 shares were sold by Duan Jimmy C., worth $374,250.

Shares of Callidus Software Inc. 9,000 shares valued at $222,750 were sold by KLAUSMEYER KEVIN on Tuesday, August 8.

Callidus Software (NASDAQ:CALD) last issued its earnings results on Thursday, November 2nd. Granite Investment Partners Llc sold 129,711 shares as the company's stock rose 3.72% with the market.

Technology research firm Gartner ranks Callidus as the market leader in the emerging category of sales performance management software, an $850 million market that it forecasts to grow around 12 to 13 percent a year to around $1.4 billion by 2022.

Shares of Callidus Software closed the previous trading session at 36.02 up +3.33 10.17% with 36.25 shares trading hands.

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On 11/16/2017 Roxanne Oulman, CFO, sold 6,200 with an average share price of $28.01 per share and the total transaction amounting to $173,662.00. It has outperformed by 5.59% the S&P500. It improved, as 13 investors sold Callidus Software Inc. shares while 51 reduced holdings.

Analysts await Callidus Software Inc. (NASDAQ:CALD) to report earnings on February, 6. They expect $-0.01 EPS, up 83.33 % or $0.05 from last year's $-0.06 per share.

German business software group SAP SE on Monday said its unit SAP America Inc will buy cloud-based human resources software company Callidus Software Inc for a total enterprise value of $2.4 billion.

- Maxim Integrated Products ( MXIM ) dropped more than 8% on Tuesday, falling to a session low of $60.88 a share, after Japan's Renesas denied a report it was in talks to buy the US chipmaker. Therefore 73% are positive. Callidus Software has a 1-year low of $18.00 and a 1-year high of $33.45. The stock has an average rating of "Buy" and a consensus price target of $31.70. First Analysis began coverage on Callidus Software in a report on Friday, November 17th. The stock of Callidus Software Inc.

9/29/2017-Oppenheimer Reiterated Rating of Buy. Piper Jaffray maintained Callidus Software Inc. FinnCap has "Corporate" rating and GBX 175 target. (NASDAQ:CALD) earned "Overweight" rating by Piper Jaffray on Wednesday, August 26. The firm has "Outperform" rating given on Monday, September 19 by Credit Suisse. Lake Street has "Buy" rating and $21 target. This new outfit will be "free from profit-making incentives".

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