Upland Software (NASDAQ:UPLD - Get Free Report) was downgraded by StockNews.com from a "buy" rating to a "hold" rating in a research note issued to investors on Tuesday.
Separately, Needham & Company LLC reissued a "hold" rating on shares of Upland Software in a report on Friday, November 8th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $3.75.
View Our Latest Stock Report on UPLD
Upland Software Trading Down 0.7 %
NASDAQ UPLD traded down $0.02 on Tuesday, reaching $2.82. 162,448 shares of the company were exchanged, compared to its average volume of 213,299. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 324.05. The business's fifty day moving average price is $4.06 and its 200 day moving average price is $3.33. The stock has a market capitalization of $77.38 million, a P/E 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.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in UPLD. Rice Hall James & Associates LLC raised its stake in shares of Upland Software by 63.7% in the fourth quarter. Rice Hall James & Associates LLC now owns 964,624 shares of the software maker's stock valued at $4,186,000 after acquiring an additional 375,398 shares in the last quarter. Two Sigma Advisers LP increased its stake in shares of Upland Software by 106.8% during the fourth quarter. Two Sigma Advisers LP now owns 406,400 shares of the software maker's stock worth $1,764,000 after buying an additional 209,900 shares during the period. Arrowstreet Capital Limited Partnership acquired a new stake in Upland Software in the fourth quarter valued at approximately $812,000. Two Sigma Investments LP lifted its stake in Upland Software by 111.1% in the fourth quarter. Two Sigma Investments LP now owns 321,583 shares of the software maker's stock worth $1,396,000 after acquiring an additional 169,240 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. grew its holdings in Upland Software by 13.5% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 1,301,061 shares of the software maker's stock worth $5,647,000 after acquiring an additional 154,667 shares in the last quarter. Institutional investors and hedge funds own 77.78% of the company's stock.
Upland Software Company Profile
(
Get Free Report)
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.
Further Reading
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