12,344 Shares in Upland Software, Inc. (NASDAQ:UPLD) Bought by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd acquired a new position in Upland Software, Inc. (NASDAQ:UPLD) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 12,344 shares of the software maker’s stock, valued at approximately $31,000.

Other institutional investors also recently modified their holdings of the company. Rice Hall James & Associates LLC grew its stake in shares of 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 worth $1,467,000 after purchasing an additional 315,651 shares during the last quarter. Assenagon Asset Management S.A. grew its stake in shares of Upland Software by 4.2% in the second quarter. Assenagon Asset Management S.A. now owns 150,219 shares of the software maker’s stock worth $374,000 after purchasing an additional 6,018 shares during the last quarter. Renaissance Technologies LLC grew its stake in shares of Upland Software by 180.6% in the second quarter. Renaissance Technologies LLC now owns 288,408 shares of the software maker’s stock worth $718,000 after purchasing an additional 185,617 shares during the last quarter. Heron Bay Capital Management bought a new stake in shares of Upland Software in the second quarter worth $185,000. Finally, Mackenzie Financial Corp grew its stake in shares of Upland Software by 74.6% in the second quarter. Mackenzie Financial Corp now owns 30,191 shares of the software maker’s stock worth $75,000 after purchasing an additional 12,898 shares during the last quarter. Institutional investors own 77.78% of the company’s stock.

Analysts Set New Price Targets

UPLD has been the topic of several analyst reports. StockNews.com raised shares of Upland Software from a “hold” rating to a “buy” rating in a research note on Thursday, September 12th. Roth Capital raised shares of Upland Software from a “strong sell” rating to a “strong-buy” rating in a research report on Wednesday, August 7th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Upland Software in a research report on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Upland Software presently has an average rating of “Moderate Buy” and an average price target of $3.75.

Upland Software Stock Performance

Shares of UPLD opened at $4.37 on Wednesday. The stock has a market capitalization of $119.91 million, a P/E ratio of -0.97 and a beta of 1.32. The firm’s fifty day simple moving average is $2.70 and its two-hundred day simple moving average is $2.51. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 324.05. Upland Software, Inc. has a 12 month low of $1.79 and a 12 month high of $5.03.

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.