Upland Software, Inc. (NASDAQ:UPLD) Receives Consensus Rating of "Moderate Buy" from Brokerages

Upland Software, Inc. (NASDAQ:UPLD - Get Free Report) has been given a consensus rating of "Moderate Buy" by the five research firms that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $3.75.

A number of analysts have weighed in on UPLD shares. StockNews.com upgraded Upland Software from a "hold" rating to a "buy" rating in a report on Thursday, September 12th. Roth Capital upgraded Upland Software from a "strong sell" rating to a "strong-buy" rating in a report on Wednesday, August 7th. Finally, Needham & Company LLC reiterated a "hold" rating on shares of Upland Software in a report on Friday, November 8th.

Upland Software Trading Down 0.6 %

Upland Software stock traded down $0.02 during trading hours on Tuesday, reaching $3.18. 431,441 shares of the company's stock were exchanged, compared to its average volume of 309,993. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 324.05. The firm's 50 day simple moving average is $2.42 and its 200 day simple moving average is $2.46. Upland Software has a twelve month low of $1.79 and a twelve month high of $5.28. The firm has a market capitalization of $87.26 million, a PE ratio of -0.66 and a beta of 1.14.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Rice Hall James & Associates LLC increased its stake in Upland Software by 115.4% in the third quarter. Rice Hall James & Associates LLC now owns 589,226 shares of the software maker's stock valued at $1,467,000 after acquiring an additional 315,651 shares during the last quarter. Renaissance Technologies LLC increased its stake in Upland Software by 180.6% in the second quarter. Renaissance Technologies LLC now owns 288,408 shares of the software maker's stock valued at $718,000 after acquiring an additional 185,617 shares during the last quarter. Jacobs Levy Equity Management Inc. boosted its position in Upland Software by 21.8% during the third quarter. Jacobs Levy Equity Management Inc. now owns 255,617 shares of the software maker's stock valued at $636,000 after buying an additional 45,705 shares during the period. Assenagon Asset Management S.A. boosted its position in Upland Software by 4.2% during the second quarter. Assenagon Asset Management S.A. now owns 150,219 shares of the software maker's stock valued at $374,000 after buying an additional 6,018 shares during the period. Finally, FMR LLC boosted its position in Upland Software by 30.0% during the third quarter. FMR LLC now owns 78,626 shares of the software maker's stock valued at $196,000 after buying an additional 18,134 shares during the period. Institutional investors own 77.78% of the company's stock.

Upland Software Company Profile

Upland Software, Inc, together with its subsidiaries, provides cloud-based software applications under the Upland brand name in the United States, the United Kingdom, Canada, and internationally. It offers software applications that enable organizations to plan, manage and execute projects, and work in the areas of marketing, sales, contact center, knowledge management, project management, information technology, business operations, human resources, and legal.