Upland Software Inc. (NASDAQ:UPLD) Director David May acquired 10,000 shares of the business’s stock in a transaction dated Wednesday, November 16th. The shares were bought at an average cost of $8.59 per share, with a total value of $85,900.00. Following the transaction, the director now directly owns 163,500 shares of the company’s stock, valued at approximately $1,404,465. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of Upland Software Inc. (NASDAQ:UPLD) traded down 0.77% during mid-day trading on Monday, reaching $9.00. 10,200 shares of the company’s stock traded hands. Upland Software Inc. has a 12 month low of $5.95 and a 12 month high of $10.60. The firm has a 50 day moving average price of $8.49 and a 200-day moving average price of $8.07. The stock’s market cap is $158.41 million.

Insider Buying and Selling by Quarter for Upland Software (NASDAQ:UPLD)

A number of analysts recently weighed in on the stock. Zacks Investment Research raised shares of Upland Software from a “hold” rating to a “strong-buy” rating and set a $9.75 target price on the stock in a research note on Wednesday, November 16th. Canaccord Genuity reissued a “buy” rating and issued a $11.00 target price on shares of Upland Software in a research note on Friday, November 11th. Finally, Needham & Company LLC set a $11.00 target price on shares of Upland Software and gave the company a “buy” rating in a research note on Friday, November 11th.

Hedge funds have recently bought and sold shares of the company. Skylands Capital LLC boosted its stake in Upland Software by 74.4% in the second quarter. Skylands Capital LLC now owns 204,950 shares of the company’s stock worth $1,562,000 after buying an additional 87,450 shares in the last quarter. Vanguard Group Inc. boosted its stake in Upland Software by 11.5% in the second quarter. Vanguard Group Inc. now owns 108,672 shares of the company’s stock worth $828,000 after buying an additional 11,200 shares in the last quarter. BlackRock Fund Advisors boosted its stake in Upland Software by 317.5% in the second quarter. BlackRock Fund Advisors now owns 15,704 shares of the company’s stock worth $120,000 after buying an additional 11,943 shares in the last quarter. Emancipation Management LLC boosted its stake in Upland Software by 15.3% in the second quarter. Emancipation Management LLC now owns 63,438 shares of the company’s stock worth $483,000 after buying an additional 8,438 shares in the last quarter. Finally, Spark Investment Management LLC boosted its stake in Upland Software by 30.3% in the second quarter. Spark Investment Management LLC now owns 18,500 shares of the company’s stock worth $140,000 after buying an additional 4,300 shares in the last quarter. Institutional investors own 5.56% of the company’s stock.

About Upland Software

Upland Software Inc is a provider of cloud-based enterprise work management software. The Company provides a family of cloud-based enterprise work management software applications for the information technology, process excellence, finance, professional services and marketing functions within organizations.

5 Day Chart for NASDAQ:UPLD

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