Upland Software, Inc. (NASDAQ:UPLD) CFO Michael Douglass Hill sold 20,000 shares of Upland Software stock in a transaction on Tuesday, October 10th. The shares were sold at an average price of $22.01, for a total transaction of $440,200.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Michael Douglass Hill also recently made the following trade(s):

  • On Friday, September 15th, Michael Douglass Hill sold 20,000 shares of Upland Software stock. The stock was sold at an average price of $21.43, for a total transaction of $428,600.00.

Shares of Upland Software, Inc. (UPLD) traded up 0.78% during midday trading on Tuesday, reaching $21.98. 56,444 shares of the company’s stock traded hands. The stock’s 50 day moving average is $21.98 and its 200-day moving average is $21.42. Upland Software, Inc. has a 52 week low of $7.48 and a 52 week high of $25.56. The company’s market capitalization is $452.77 million.

Upland Software (NASDAQ:UPLD) last posted its earnings results on Thursday, August 10th. The software maker reported ($0.33) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by ($0.50). The firm had revenue of $23.30 million during the quarter, compared to analyst estimates of $21.84 million. Upland Software had a negative net margin of 19.10% and a negative return on equity of 23.25%. The firm’s revenue for the quarter was up 25.3% on a year-over-year basis. During the same period last year, the company posted ($0.22) EPS. On average, analysts forecast that Upland Software, Inc. will post $0.94 earnings per share for the current fiscal year.

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Several brokerages have issued reports on UPLD. Canaccord Genuity lifted their target price on shares of Upland Software from $25.00 to $27.00 and gave the stock a “buy” rating in a research note on Monday, August 14th. Zacks Investment Research cut shares of Upland Software from a “hold” rating to a “strong sell” rating in a research note on Wednesday, September 20th. Needham & Company LLC reaffirmed a “buy” rating and set a $29.00 target price (up previously from $25.00) on shares of Upland Software in a research note on Friday, July 14th. SunTrust Banks, Inc. began coverage on shares of Upland Software in a research note on Monday, June 26th. They set a “buy” rating and a $27.00 target price on the stock. Finally, BidaskClub cut shares of Upland Software from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company. Upland Software currently has a consensus rating of “Buy” and a consensus price target of $27.40.

A number of institutional investors have recently bought and sold shares of the business. White Pine Capital LLC grew its holdings in Upland Software by 24.6% in the second quarter. White Pine Capital LLC now owns 28,025 shares of the software maker’s stock valued at $616,000 after purchasing an additional 5,525 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in shares of Upland Software by 784.1% during the second quarter. The Manufacturers Life Insurance Company now owns 7,179 shares of the software maker’s stock valued at $158,000 after acquiring an additional 6,367 shares during the last quarter. New York State Common Retirement Fund acquired a new stake in shares of Upland Software during the second quarter valued at $172,000. EAM Investors LLC boosted its stake in shares of Upland Software by 17.7% during the second quarter. EAM Investors LLC now owns 51,998 shares of the software maker’s stock valued at $1,143,000 after acquiring an additional 7,825 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Upland Software by 32.8% during the second quarter. Goldman Sachs Group Inc. now owns 36,834 shares of the software maker’s stock valued at $810,000 after acquiring an additional 9,089 shares during the last quarter. 26.92% of the stock is currently owned by institutional investors.

Upland Software Company Profile

Upland Software Inc is a provider of cloud-based enterprise work management software. The Company provides a family of cloud-based enterprise work management software applications for the information technology, process excellence, finance, professional services and marketing functions within organizations.

Insider Buying and Selling by Quarter for Upland Software (NASDAQ:UPLD)

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