John T. Mcdonald Acquires 10,000 Shares of Upland Software program, Inc. (NASDAQ:UPLD) Inventory

Upland Software logoUpland Software program, Inc. (NASDAQ:UPLD – Get Score) CEO John T. Mcdonald purchased 10,000 shares of the enterprise’s inventory in a transaction dated Thursday, August eleventh. The inventory was bought at a median value of $11.23 per share, for a complete transaction of $112,300.00. Following the acquisition, the chief government officer now instantly owns 163,738 shares of the corporate’s inventory, valued at roughly $1,838,777.74. The transaction was disclosed in a doc filed with the Securities & Change Fee, which is accessible by way of this hyperlink.

Upland Buying and selling Software program Up 6.3%

UPLD inventory opened at $11.87 on Wednesday. The corporate has a market capitalization of $371.78 million, a price-to-earnings ratio of -6.42 and a beta of 0.70. Upland Software program, Inc. has a 1-year low of $10.82 and a 1-year excessive of $39.90. The enterprise has a 50 day easy shifting common of $13.14 and a two-hundred day easy shifting common of $15.13. The corporate has a debt-to-equity ratio of 1.65, a present ratio of 1.21 and a fast ratio of 1.21.

Institutional Buying and selling of Upland Software program

Hedge funds have lately modified their holdings of the corporate. Amalgamated Financial institution bought a brand new stake in shares of Upland Software program through the 1st quarter price roughly $83,000. Ensign Peak Advisors Inc bought a brand new stake in Upland Software program through the 1st quarter valued at $87,000. Ergoteles LLC bought a brand new stake in Upland Software program through the 1st quarter valued at $181,000. PDT Companions LLC bought a brand new stake in Upland Software program through the 4th quarter valued at $185,000. Lastly, Blair William & Co. IL raised its holdings in Upland Software program by 12.4% through the 4th quarter. Blair William & Co. IL now owns 10,643 shares of the software program maker’s inventory valued at $191,000 after shopping for a further 1,173 shares through the interval. 77.61% of the inventory is owned by hedge funds and different institutional traders.

Analyst Upgrades and Downgrades

A number of analysts lately weighed in on UPLD shares. Craig Hallum minimize their value goal on shares of Upland Software program from $22.00 to $13.00 in a report on Thursday, August 4th. Truist Monetary minimize their value goal on Upland Software program from $30.00 to $20.00 in a analysis observe on Friday, July fifteenth. Needham & Firm LLC minimize their value goal on Upland Software program from $40.00 to $25.00 in a analysis observe on Thursday, Could fifth. Canaccord Genuity Group minimize their value goal on Upland Software program from $24.00 to $19.00 in a analysis observe on Friday, August fifth. Lastly, Raymond James minimize their value goal on Upland Software program from $24.00 to $17.00 and set an “outperform” score for the corporate in a analysis observe on Thursday, August 4th. Three analysts have rated the inventory with a maintain score and 4 have assigned a purchase score to the corporate. In accordance with MarketBeat.com, the inventory presently has a consensus score of “Average Purchase” and a consensus value goal of $21.63.

Upland Software program Firm Profile

(Get Score)

Upland Software program, Inc. offers cloud-based enterprise work administration software program in the US, the UK, Canada, and internationally. It presents a household of software program purposes beneath the Upland model within the areas of selling, gross sales, contact heart, undertaking administration, info expertise, enterprise operations, and human assets and authorized.

Learn Extra

Need Extra Nice Investing Concepts?

Obtain Information & Scores for Upland Software program Each day – Enter your electronic mail handle beneath to obtain a concise each day abstract of the most recent information and analysts’ rankings for Upland Software program and associated corporations with MarketBeat.com’s FREE each day electronic mail e-newsletter.