Upland Software (NASDAQ:UPLD) CEO John T. Mcdonald sold 40,000 shares of the firm’s stock in a transaction on Monday, April 16th. The shares were sold at an average price of $27.72, for a total value of $1,108,800.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.
John T. Mcdonald also recently made the following trade(s):
- On Monday, March 19th, John T. Mcdonald sold 10,000 shares of Upland Software stock. The shares were sold at an average price of $28.24, for a total value of $282,400.00.
- On Friday, March 9th, John T. Mcdonald sold 50,000 shares of Upland Software stock. The shares were sold at an average price of $28.04, for a total value of $1,402,000.00.
UPLD opened at $28.21 on Friday. Upland Software has a 1 year low of $16.00 and a 1 year high of $31.70. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.69 and a current ratio of 0.69. The stock has a market capitalization of $598.96, a price-to-earnings ratio of 33.99, a P/E/G ratio of 1.77 and a beta of 0.33.
Upland Software (NASDAQ:UPLD) last posted its earnings results on Thursday, March 8th. The software maker reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.10. Upland Software had a negative return on equity of 3.16% and a negative net margin of 19.12%. The company had revenue of $27.80 million for the quarter, compared to analyst estimates of $27.15 million. During the same quarter in the previous year, the firm earned $0.12 earnings per share. The firm’s quarterly revenue was up 43.3% compared to the same quarter last year. sell-side analysts predict that Upland Software will post 0.81 EPS for the current fiscal year.
Institutional investors and hedge funds have recently bought and sold shares of the business. Driehaus Capital Management LLC grew its stake in Upland Software by 69.0% in the fourth quarter. Driehaus Capital Management LLC now owns 238,265 shares of the software maker’s stock valued at $5,161,000 after purchasing an additional 97,303 shares during the last quarter. PenderFund Capital Management Ltd. purchased a new stake in shares of Upland Software during the fourth quarter worth about $2,852,000. Rice Hall James & Associates LLC purchased a new stake in shares of Upland Software during the fourth quarter worth about $272,000. Quadrature Capital Ltd purchased a new stake in shares of Upland Software during the fourth quarter worth about $221,000. Finally, Thames Capital Management LLC purchased a new stake in shares of Upland Software during the fourth quarter worth about $2,712,000. Institutional investors own 50.28% of the company’s stock.
Several equities analysts have recently commented on the company. Canaccord Genuity raised their price target on Upland Software from $32.00 to $35.00 and gave the company a “buy” rating in a research note on Friday, March 23rd. Craig Hallum raised their price target on Upland Software from $32.00 to $36.00 and gave the company a “buy” rating in a research note on Friday, March 23rd. SunTrust Banks lifted their target price on Upland Software to $36.00 and gave the company a “buy” rating in a research note on Friday, March 23rd. They noted that the move was a valuation call. Zacks Investment Research lowered Upland Software from a “hold” rating to a “sell” rating in a research note on Saturday, March 10th. Finally, BidaskClub upgraded Upland Software from a “buy” rating to a “strong-buy” rating in a research note on Thursday, March 22nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $31.67.
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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.
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