ValuEngine upgraded shares of Upland Software (NASDAQ:UPLD) from a hold rating to a buy rating in a research report report published on Monday, February 4th.
A number of other brokerages also recently commented on UPLD. BidaskClub downgraded Upland Software from a hold rating to a sell rating in a report on Friday, October 12th. Canaccord Genuity reissued a buy rating and issued a $40.00 price target on shares of Upland Software in a report on Monday, December 17th. One research analyst has rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of Buy and an average target price of $34.93.
Shares of NASDAQ UPLD traded up $0.18 on Monday, hitting $35.28. The company had a trading volume of 110,725 shares, compared to its average volume of 136,781. Upland Software has a 12-month low of $23.61 and a 12-month high of $38.30. The company has a debt-to-equity ratio of 1.72, a current ratio of 0.64 and a quick ratio of 0.64. The company has a market capitalization of $754.48 million, a price-to-earnings ratio of 42.51, a PEG ratio of 1.57 and a beta of 0.60.
In other Upland Software news, CEO John T. Mcdonald sold 20,000 shares of the stock in a transaction that occurred on Friday, January 18th. The stock was sold at an average price of $30.00, for a total transaction of $600,000.00. Following the transaction, the chief executive officer now owns 1,565,947 shares of the company’s stock, valued at approximately $46,978,410. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 14.70% of the company’s stock.
Large investors have recently added to or reduced their stakes in the business. Legal & General Group Plc lifted its holdings in Upland Software by 26.6% during the 4th quarter. Legal & General Group Plc now owns 2,959 shares of the software maker’s stock worth $81,000 after buying an additional 622 shares during the last quarter. Quantbot Technologies LP bought a new position in Upland Software during the 3rd quarter worth approximately $121,000. Metropolitan Life Insurance Co. NY lifted its holdings in Upland Software by 356.8% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 5,299 shares of the software maker’s stock worth $144,000 after buying an additional 4,139 shares during the last quarter. Cubist Systematic Strategies LLC bought a new position in Upland Software during the 2nd quarter worth approximately $203,000. Finally, LPL Financial LLC bought a new position in Upland Software during the 4th quarter worth approximately $200,000. 59.58% of the stock is currently owned by institutional investors.
Upland Software Company Profile
Upland Software, Inc provides cloud-based enterprise work management software in the United States, Canada, and internationally. The company offers a family of software applications under the Upland brand in the areas of information technology (IT), process excellence and operations, finance, professional services, and marketing.
Featured Story: How Do You Calculate Return on Equity (ROE)?
To view ValuEngine’s full report, visit ValuEngine’s official website.
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.