Analysts Set Upland Software, Inc. (NASDAQ:UPLD) PT at $3.75

Upland Software, Inc. (NASDAQ:UPLD - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the five ratings firms that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $3.75.

A number of brokerages have weighed in on UPLD. Needham & Company LLC reissued a "hold" rating on shares of Upland Software in a report on Friday, November 8th. StockNews.com cut shares of Upland Software from a "buy" rating to a "hold" rating in a report on Tuesday.

Hedge Funds Weigh In On Upland Software

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. D. E. Shaw & Co. Inc. grew its position in Upland Software by 13.5% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 1,301,061 shares of the software maker's stock valued at $5,647,000 after buying an additional 154,667 shares in the last quarter. Rice Hall James & Associates LLC boosted its position in shares of Upland Software by 63.7% during the 4th quarter. Rice Hall James & Associates LLC now owns 964,624 shares of the software maker's stock valued at $4,186,000 after purchasing an additional 375,398 shares in the last quarter. Two Sigma Advisers LP boosted its position in shares of Upland Software by 106.8% during the 4th quarter. Two Sigma Advisers LP now owns 406,400 shares of the software maker's stock valued at $1,764,000 after purchasing an additional 209,900 shares in the last quarter. Man Group plc boosted its position in shares of Upland Software by 33.5% during the 4th quarter. Man Group plc now owns 398,800 shares of the software maker's stock valued at $1,731,000 after purchasing an additional 100,157 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its position in shares of Upland Software by 22.8% during the 4th quarter. Renaissance Technologies LLC now owns 358,808 shares of the software maker's stock valued at $1,557,000 after purchasing an additional 66,684 shares in the last quarter. Institutional investors own 77.78% of the company's stock.

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Upland Software Stock Performance

Shares of NASDAQ:UPLD traded down $0.02 on Tuesday, reaching $2.82. 162,448 shares of the company's stock were exchanged, compared to its average volume of 213,299. The firm has a market capitalization of $77.38 million, a price-to-earnings ratio of -0.62 and a beta of 1.28. Upland Software has a fifty-two week low of $1.79 and a fifty-two week high of $5.64. The business's 50-day moving average is $4.06 and its two-hundred day moving average is $3.34. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 324.05.

About Upland Software

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.