Shares of Callidus Software Inc. (NASDAQ:CALD) traded up 3.7% during trading on Friday . The company traded as high as $19.95 and last traded at $19.93, with a volume of 258,947 shares traded. The stock had previously closed at $19.21.

CALD has been the subject of several research analyst reports. B. Riley reiterated a “buy” rating and set a $21.00 target price on shares of Callidus Software in a research report on Wednesday, August 3rd. Roth Capital reiterated a “buy” rating on shares of Callidus Software in a research report on Wednesday, June 1st. Piper Jaffray Cos. reiterated an “overweight” rating and set a $21.00 target price on shares of Callidus Software in a research report on Friday, May 6th. Credit Suisse Group AG reiterated a “buy” rating on shares of Callidus Software in a research report on Thursday, May 12th. Finally, Zacks Investment Research cut Callidus Software from a “hold” rating to a “sell” rating in a research report on Monday, May 9th. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Callidus Software presently has a consensus rating of “Buy” and an average target price of $22.00.

The stock’s 50-day moving average is $19.83 and its 200 day moving average is $17.76. The company’s market capitalization is $1.14 billion.

Callidus Software (NASDAQ:CALD) last announced its quarterly earnings data on Tuesday, August 2nd. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.01. The company earned $49.80 million during the quarter, compared to analyst estimates of $50.32 million. During the same quarter in the previous year, the business posted $0.03 earnings per share. The firm’s revenue was up 19.7% on a year-over-year basis. Equities analysts expect that Callidus Software Inc. will post $0.28 earnings per share for the current year.

In other news, CFO Bob L. Corey sold 13,115 shares of the stock in a transaction on Thursday, August 11th. The stock was sold at an average price of $19.41, for a total value of $254,562.15. Following the sale, the chief financial officer now directly owns 194,412 shares in the company, valued at $3,773,536.92. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Leslie Stretch sold 7,000 shares of the stock in a transaction on Monday, August 15th. The shares were sold at an average price of $19.78, for a total value of $138,460.00. Following the completion of the sale, the insider now owns 467,170 shares in the company, valued at $9,240,622.60. The disclosure for this sale can be found here.

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.

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