Somewhat Positive Media Coverage Somewhat Unlikely to Impact Upland Software (UPLD) Share Price
News coverage about Upland Software (NASDAQ:UPLD) has trended somewhat positive on Monday, Accern Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Upland Software earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave media headlines about the software maker an impact score of 46.0777518812312 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the media headlines that may have effected Accern Sentiment’s analysis:
- Upland Software, Inc. (UPLD) Major Shareholder Systems Corp Wave Sells 4,805 Shares (americanbankingnews.com)
- Upland Software, Inc. (UPLD) Major Shareholder Sells $990,560.18 in Stock (americanbankingnews.com)
- Insider Selling: Upland Software, Inc. (UPLD) Major Shareholder Sells 20,000 Shares of Stock (americanbankingnews.com)
- Comparing Upland Software (UPLD) and Its Competitors (americanbankingnews.com)
- Upland Software, Inc. (UPLD) Major Shareholder Sells $792,252.00 in Stock (americanbankingnews.com)
A number of equities analysts recently issued reports on the company. Zacks Investment Research lowered Upland Software from a “buy” rating to a “hold” rating in a report on Thursday, July 27th. TheStreet raised Upland Software from a “d” rating to a “c-” rating in a report on Tuesday, July 18th. BidaskClub lowered Upland Software from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Needham & Company LLC reissued a “buy” rating and set a $29.00 price target (up previously from $25.00) on shares of Upland Software in a report on Friday, July 14th. Finally, Roth Capital lowered Upland Software from a “buy” rating to a “neutral” rating and set a $26.00 price target on the stock. in a report on Friday, July 14th. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $27.40.
Shares of Upland Software (NASDAQ:UPLD) traded up 0.24% during midday trading on Monday, reaching $20.76. 173,478 shares of the company were exchanged. Upland Software has a 52-week low of $7.48 and a 52-week high of $25.56. The company’s 50-day moving average price is $23.21 and its 200 day moving average price is $20.38. The stock’s market capitalization is $427.64 million.
Upland Software (NASDAQ:UPLD) last posted its quarterly earnings data on Thursday, August 10th. The software maker reported ($0.33) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.50). The company had revenue of $23.30 million during the quarter, compared to the consensus estimate of $21.84 million. Upland Software had a negative net margin of 19.10% and a negative return on equity of 23.25%. The company’s revenue was up 25.3% on a year-over-year basis. During the same quarter last year, the business earned ($0.22) earnings per share. On average, equities analysts predict that Upland Software will post $0.94 earnings per share for the current year.
In other news, major shareholder Systems Corp Wave sold 91,280 shares of the stock in a transaction that occurred on Monday, July 24th. The shares were sold at an average price of $24.57, for a total value of $2,242,749.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 758,100 shares of company stock valued at $17,321,301 over the last quarter. Insiders own 30.20% of the company’s stock.
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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.
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