1 week Ago By Defense World Staff
Arrowstreet Capital Limited Partnership acquired a new position in Upland Software, Inc. (NASDAQ:UPLD – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 187,187 shares of the software maker’s stock, valued at approximately $812,000.
Arrowstreet Capital Limited Partnership owned about 0.68% of Upland Software as of its most recent SEC filing. Other large investors have also recently modified their holdings of the company.
JPMorgan Chase & Co. acquired a new position in Upland Software during the 4th quarter valued at about $61,000. Prudential Financial Inc.
acquired a new position in shares of Upland Software during the fourth quarter valued at about $95,000. Heron Bay Capital Management raised its position in shares of Upland Software by 22.9% in the 4th quarter.
Heron Bay Capital Management now owns 96,963 shares of the software maker’s stock valued at $421,000 after purchasing an additional 18,057 shares during the last quarter. Essential Planning LLC. acquired a new stake in Upland Software in the 4th quarter worth approximately $56,000.
Finally, WESPAC Advisors LLC purchased a new stake in Upland Software during the 4th quarter worth approximately $55,000. Institutional investors own 77.78% of the company’s stock.
Upland Software Price PerformanceUPLD stock opened at $2.46 on Friday. The company has a market capitalization of $69.
29 million, a P/E ratio of -0.54 and a beta of 1.30.
Upland Software, Inc. has a 12 month low of $1.79 and a 12 month high of $5.
64. The firm’s fifty day simple moving average is $3.33 and its 200-day simple moving average is $3.
44. The company has a debt-to-equity ratio of 324.05, a current ratio of 0.
99 and a quick ratio of 0.99. Insider Buying and Selling at Upland SoftwareIn other Upland Software news, Director Timothy Mattox sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, March 17th.
The stock was sold at an average price of $3.19, for a total value of $63,800.00.
Following the completion of the transaction, the director now directly owns 394,008 shares of the company’s stock, valued at approximately $1,256,885.52. The trade was a 4.
83 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 11.
30% of the stock is owned by corporate insiders. Wall Street Analysts Forecast GrowthA number of research firms have issued reports on UPLD. Needham & Company LLC reaffirmed a “hold” rating on shares of Upland Software in a report on Thursday, March 13th.
StockNews.com lowered Upland Software from a “buy” rating to a “hold” rating in a research note on Saturday, March 29th. 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 assigned a strong buy rating to the stock.
According to MarketBeat, Upland Software has a consensus rating of “Moderate Buy” and an average target price of $3.75.Read Our Latest Analysis on UPLDUpland Software Profile (Free Report)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.Featured ArticlesFive stocks we like better than Upland SoftwareShould You Invest in Penny Stocks?Robinhood Strategies Could Be a Game-Changer for Young InvestorsWhich Wall Street Analysts are the Most Accurate?Are These 3 Retail Stocks Oversold or Really in Trouble?How to Invest in Tech Stocks and Top Tech Stocks to ConsiderIONQ & RGTI Join DARPA Quantum Initiative: High Stakes Are AheadWant to see what other hedge funds are holding UPLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Upland Software, Inc.
(NASDAQ:UPLD – Free Report)..
