Upland Software Inc (NASDAQ:UPLD) CFO Michael Douglass Hill sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $24.31, for a total value of $486,200.00. The sale was disclosed in a legal filing with the SEC, which is available at this link.

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

  • On Tuesday, October 10th, Michael Douglass Hill sold 20,000 shares of Upland Software stock. The shares were sold at an average price of $22.01, for a total value of $440,200.00.
  • On Friday, September 15th, Michael Douglass Hill sold 20,000 shares of Upland Software stock. The shares were sold at an average price of $21.43, for a total value of $428,600.00.

Shares of Upland Software Inc (NASDAQ UPLD) traded down $0.31 during midday trading on Friday, reaching $23.13. The company’s stock had a trading volume of 213,732 shares, compared to its average volume of 294,286. Upland Software Inc has a 12-month low of $8.19 and a 12-month high of $25.56. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.94.

Upland Software (NASDAQ:UPLD) last issued its quarterly earnings data on Thursday, November 9th. The software maker reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.01. Upland Software had a negative return on equity of 13.22% and a negative net margin of 18.89%. The firm had revenue of $26.07 million during the quarter, compared to analyst estimates of $25.33 million. During the same quarter last year, the firm earned $0.11 EPS. Upland Software’s quarterly revenue was up 35.5% on a year-over-year basis. equities analysts expect that Upland Software Inc will post 0.48 earnings per share for the current fiscal year.

A number of equities research analysts have weighed in on UPLD shares. Canaccord Genuity raised their price objective on Upland Software from $25.00 to $27.00 and gave the company a “buy” rating in a research note on Monday, August 14th. Zacks Investment Research lowered Upland Software from a “hold” rating to a “strong sell” rating in a research note on Wednesday, September 20th. Finally, ValuEngine lowered Upland Software from a “hold” rating to a “sell” rating in a research note on Friday. One research analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $26.40.

A number of hedge funds and other institutional investors have recently modified their holdings of UPLD. Highbridge Capital Management LLC grew its position in shares of Upland Software by 158.2% in the 3rd quarter. Highbridge Capital Management LLC now owns 23,793 shares of the software maker’s stock worth $504,000 after acquiring an additional 14,579 shares in the last quarter. Lyon Street Capital LLC grew its position in shares of Upland Software by 16.8% in the 3rd quarter. Lyon Street Capital LLC now owns 388,911 shares of the software maker’s stock worth $8,229,000 after acquiring an additional 55,965 shares in the last quarter. Allianz Asset Management GmbH grew its position in shares of Upland Software by 13.0% in the 3rd quarter. Allianz Asset Management GmbH now owns 131,235 shares of the software maker’s stock worth $2,777,000 after acquiring an additional 15,051 shares in the last quarter. Mackenzie Financial Corp acquired a new position in shares of Upland Software in the 3rd quarter worth approximately $580,000. Finally, Wells Fargo & Company MN grew its position in shares of Upland Software by 3,082.4% in the 3rd quarter. Wells Fargo & Company MN now owns 63,648 shares of the software maker’s stock worth $1,347,000 after acquiring an additional 61,648 shares in the last quarter. Hedge funds and other institutional investors own 30.10% of the company’s stock.

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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.

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

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