Upland Software, Inc. (NASDAQ:UPLD) Given Consensus Rating of "Moderate Buy" by Brokerages

Upland Software, Inc. (NASDAQ:UPLD - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the five research firms that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $3.75.

UPLD has been the topic of a number of analyst reports. Needham & Company LLC reissued a "hold" rating on shares of Upland Software in a research note on Thursday, March 13th. StockNews.com raised shares of Upland Software from a "hold" rating to a "buy" rating in a research report on Friday, April 18th.

Insider Buying and Selling at Upland Software

In other news, Director Timothy Mattox sold 20,000 shares of the company's stock in a transaction on Monday, March 17th. The shares were sold at an average price of $3.19, for a total value 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. This represents a 4.83 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 11.30% of the company's stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Legato Capital Management LLC acquired a new stake in shares of Upland Software during the 4th quarter valued at about $44,000. WESPAC Advisors LLC acquired a new position in shares of Upland Software during the 4th quarter worth $55,000. Essential Planning LLC. bought a new position in shares of Upland Software during the 4th quarter valued at $56,000. Sherbrooke Park Advisers LLC acquired a new stake in shares of Upland Software in the 4th quarter valued at $58,000. Finally, JPMorgan Chase & Co. bought a new stake in Upland Software in the fourth quarter worth $61,000. Hedge funds and other institutional investors own 77.78% of the company's stock.

Upland Software Price Performance

Shares of UPLD traded down $0.05 during trading hours on Wednesday, hitting $2.31. 48,080 shares of the company were exchanged, compared to its average volume of 339,349. The company has a debt-to-equity ratio of 324.05, a current ratio of 0.99 and a quick ratio of 0.99. The company has a market capitalization of $65.66 million, a PE ratio of -0.51 and a beta of 1.30. The firm has a fifty day simple moving average of $2.94 and a 200-day simple moving average of $3.43. Upland Software has a one year low of $1.79 and a one year high of $5.64.

Upland Software Company Profile

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.