Upland Software (NASDAQ:UPLD) Cut to Hold at StockNews.com

StockNews.com cut shares of Upland Software (NASDAQ:UPLD) from a buy rating to a hold rating in a research note released on Tuesday.

Separately, Needham & Company LLC reaffirmed a “hold” rating on shares of Upland Software in a research note on Friday, November 8th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $3.75.

Upland Software Trading Down 10.4 %

NASDAQ:UPLD opened at $2.84 on Tuesday. The stock’s fifty day moving average price is $4.10 and its two-hundred day moving average price is $3.32. The company has a market cap 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. Upland Software has a 1 year low of $1.79 and a 1 year high of $5.64.

Institutional Trading of Upland Software

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. First Heartland Consultants Inc. bought a new position in shares of Upland Software during the third quarter valued at about $30,000. Dynamic Technology Lab Private Ltd purchased a new position in shares of Upland Software during the 3rd quarter worth approximately $31,000. FMR LLC raised its holdings in Upland Software by 30.0% in the third quarter. FMR LLC now owns 78,626 shares of the software maker’s stock worth $196,000 after purchasing an additional 18,134 shares in the last quarter. Jacobs Levy Equity Management Inc. grew its position in shares of Upland Software by 21.8% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 255,617 shares of the software maker’s stock worth $636,000 after buying an additional 45,705 shares during the period. Finally, XTX Topco Ltd bought a new position in shares of Upland Software during the third quarter valued at approximately $43,000. Institutional investors own 77.78% of the company’s stock.

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.