Upland Software, Inc. (NASDAQ:UPLD) Given Consensus Rating of “Moderate Buy” by Analysts

Upland Software, Inc. (NASDAQ:UPLD) has been given a consensus rating of “Moderate Buy” by the five ratings firms that are covering the company, MarketBeat Ratings reports. One equities 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 assigned a strong buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $3.75.

Several brokerages have recently weighed in on UPLD. Roth Capital raised Upland Software from a “strong sell” rating to a “strong-buy” rating in a research report on Wednesday, August 7th. StockNews.com raised shares of Upland Software from a “hold” rating to a “buy” rating in a research report on Thursday, September 12th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Upland Software in a research report on Friday, November 8th.

Upland Software Stock Performance

Shares of NASDAQ:UPLD opened at $3.32 on Tuesday. The business has a 50-day moving average of $2.50 and a two-hundred day moving average of $2.47. The firm has a market capitalization of $91.10 million, a PE ratio of -0.73 and a beta of 1.14. 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 12 month low of $1.79 and a 12 month high of $5.28.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of UPLD. XTX Topco Ltd acquired a new position in shares of Upland Software in the 3rd quarter valued at approximately $43,000. Jacobs Levy Equity Management Inc. increased its stake in shares of Upland Software by 21.8% in the third 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 last quarter. 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 valued at $196,000 after acquiring an additional 18,134 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new position in Upland Software during the 3rd quarter valued at $31,000. Finally, First Heartland Consultants Inc. acquired a new position in Upland Software during the 3rd quarter worth $30,000. Hedge funds and other institutional investors own 77.78% of the company’s stock.

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.