Upland Software Inc (NASDAQ:UPLD) CEO John T. Mcdonald sold 28,654 shares of the business’s stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $22.39, for a total transaction of $641,563.06. Following the completion of the transaction, the chief executive officer now owns 1,861,064 shares in the company, valued at $41,669,222.96. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Upland Software Inc (UPLD) traded up $0.07 during trading hours on Wednesday, reaching $21.86. 159,369 shares of the company’s stock traded hands, compared to its average volume of 120,268. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.94. Upland Software Inc has a 12 month low of $8.19 and a 12 month high of $25.56.
Upland Software (NASDAQ:UPLD) last posted its earnings results on Thursday, November 9th. The software maker reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.01. The company had revenue of $26.07 million for the quarter, compared to analyst estimates of $25.33 million. Upland Software had a negative net margin of 18.89% and a negative return on equity of 13.22%. Upland Software’s revenue was up 35.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.11 EPS. equities analysts expect that Upland Software Inc will post 0.48 EPS for the current fiscal year.
Several research firms have weighed in on UPLD. BidaskClub upgraded shares of Upland Software from a “sell” rating to a “hold” rating in a report on Thursday, December 7th. Zacks Investment Research upgraded shares of Upland Software from a “strong sell” rating to a “hold” rating in a report on Thursday, October 12th. Finally, ValuEngine lowered shares of Upland Software from a “hold” rating to a “sell” rating in a report on Friday, December 1st. One analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $26.40.
WARNING: “Upland Software Inc (UPLD) CEO Sells $641,563.06 in Stock” was originally published by American Banking News and is the property of of American Banking News. If you are accessing this article on another domain, it was illegally stolen and republished in violation of U.S. & international copyright and trademark law. The correct version of this article can be accessed at https://www.americanbankingnews.com/2017/12/13/upland-software-inc-upld-ceo-sells-641563-06-in-stock.html.
About Upland Software
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.
Receive News & Ratings for Upland Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Upland Software and related companies with MarketBeat.com's FREE daily email newsletter.