Geode Capital Management LLC Has $682,000 Position in Upland Software, Inc. (NASDAQ:UPLD)

Geode Capital Management LLC lowered its position in Upland Software, Inc. (NASDAQ:UPLD) by 4.4% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 273,917 shares of the software maker’s stock after selling 12,567 shares during the quarter. Geode Capital Management LLC’s holdings in Upland Software were worth $682,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. First Heartland Consultants Inc. acquired a new position in shares of Upland Software in the third quarter valued at approximately $30,000. Dynamic Technology Lab Private Ltd acquired a new position in shares of Upland Software in the third quarter valued at approximately $31,000. XTX Topco Ltd acquired a new position in shares of Upland Software in the third quarter valued at approximately $43,000. Mackenzie Financial Corp increased 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 valued at $75,000 after buying an additional 12,898 shares during the period. Finally, Heron Bay Capital Management acquired a new position in shares of Upland Software in the second quarter valued at approximately $185,000. Institutional investors and hedge funds own 77.78% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Needham & Company LLC reiterated a “hold” rating on shares of Upland Software in a report on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Upland Software has an average rating of “Moderate Buy” and an average target price of $3.75.

Upland Software Stock Performance

Shares of UPLD stock opened at $4.23 on Friday. The business’s 50 day simple moving average is $3.91 and its 200 day simple moving average is $2.88. Upland Software, Inc. has a one year low of $1.79 and a one year high of $5.64. The stock has a market capitalization of $116.08 million, a PE ratio of -0.94 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 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.