Upland Software, Inc. (NASDAQ:UPLD) Receives $3.75 Consensus PT from Analysts

Upland Software, Inc. (NASDAQ:UPLD) has earned a consensus rating of “Moderate Buy” from the five ratings firms that are presently covering the stock, MarketBeat Ratings reports. One research 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 1-year price objective among brokers that have issued a report on the stock in the last year is $3.75.

A number of equities research analysts have weighed in on UPLD shares. StockNews.com cut shares of Upland Software from a “buy” rating to a “hold” rating in a research report on Tuesday. Needham & Company LLC reiterated a “hold” rating on shares of Upland Software in a report on Friday, November 8th.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Rice Hall James & Associates LLC increased its position in shares of Upland Software by 63.7% during the fourth quarter. Rice Hall James & Associates LLC now owns 964,624 shares of the software maker’s stock worth $4,186,000 after acquiring an additional 375,398 shares during the period. Two Sigma Advisers LP grew its stake in Upland Software by 106.8% during the 4th quarter. Two Sigma Advisers LP now owns 406,400 shares of the software maker’s stock worth $1,764,000 after purchasing an additional 209,900 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in Upland Software during the 4th quarter worth about $812,000. Two Sigma Investments LP raised its position in Upland Software by 111.1% in the 4th quarter. Two Sigma Investments LP now owns 321,583 shares of the software maker’s stock valued at $1,396,000 after purchasing an additional 169,240 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. boosted its stake in shares of 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 during the period. Institutional investors and hedge funds own 77.78% of the company’s stock.

Upland Software Stock Down 10.4 %

Shares of NASDAQ UPLD opened at $2.84 on Tuesday. The company has a market capitalization of $77.93 million, a P/E ratio of -0.63 and a beta of 1.28. The company has a debt-to-equity ratio of 324.05, a current ratio of 0.99 and a quick ratio of 0.99. The company has a 50 day simple moving average of $4.10 and a 200-day simple moving average of $3.32. Upland Software has a 1 year low of $1.79 and a 1 year high of $5.64.

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.