Two Sigma Investments LP Has $1.40 Million Holdings in Upland Software, Inc. (NASDAQ:UPLD)

Two Sigma Investments LP grew its holdings in shares of Upland Software, Inc. (NASDAQ:UPLD - Free Report) by 111.1% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 321,583 shares of the software maker's stock after acquiring an additional 169,240 shares during the quarter. Two Sigma Investments LP owned about 1.17% of Upland Software worth $1,396,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in UPLD. Legato Capital Management LLC bought a new stake in shares of Upland Software in the 4th quarter worth $44,000. WESPAC Advisors LLC bought a new stake in shares of Upland Software in the 4th quarter worth $55,000. Essential Planning LLC. bought a new stake in shares of Upland Software in the 4th quarter worth $56,000. Sherbrooke Park Advisers LLC bought a new stake in shares of Upland Software in the 4th quarter worth $58,000. Finally, JPMorgan Chase & Co. bought a new stake in shares of Upland Software in the 4th quarter worth $61,000. Institutional investors and hedge funds own 77.78% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently commented on UPLD. Needham & Company LLC reissued a "hold" rating on shares of Upland Software in a research note on Tuesday, May 13th. Wall Street Zen raised Upland Software from a "buy" rating to a "strong-buy" rating in a research report on Saturday.

Insider Transactions at Upland Software

In related news, Director Timothy Mattox sold 20,000 shares of the company's stock in a transaction on Monday, March 17th. The stock was sold at an average price of $3.19, for a total transaction of $63,800.00. Following the transaction, the director now directly owns 394,008 shares of the company's stock, valued at approximately $1,256,885.52. The trade was a 4.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 11.30% of the stock is owned by insiders.

Upland Software Stock Performance

Shares of Upland Software stock remained flat at $1.81 on Friday. The stock had a trading volume of 171,746 shares, compared to its average volume of 216,385. The business has a fifty day simple moving average of $2.34 and a two-hundred day simple moving average of $3.40. The stock has a market cap of $51.56 million, a price-to-earnings ratio of -0.40 and a beta of 1.19. The company has a debt-to-equity ratio of 324.05, a current ratio of 0.99 and a quick ratio of 0.99. Upland Software, Inc. has a 12 month low of $1.75 and a 12 month high of $5.64.

About Upland Software

Upland Software, Inc, together with its subsidiaries, provides cloud-based software applications under the Upland brand name in the United States, the United Kingdom, Canada, and internationally. It offers software applications that enable organizations to plan, manage and execute projects, and work in the areas of marketing, sales, contact center, knowledge management, project management, information technology, business operations, human resources, and legal.