Upland Software, Inc. (NASDAQ:UPLD) CFO Michael Douglass Hill sold 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, October 10th. The stock was sold at an average price of $22.01, for a total transaction of $440,200.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Michael Douglass Hill also recently made the following trade(s):

  • On Friday, September 15th, Michael Douglass Hill sold 20,000 shares of Upland Software stock. The stock was sold at an average price of $21.43, for a total transaction of $428,600.00.

Upland Software (NASDAQ:UPLD) last posted its earnings results on Thursday, August 10th. The software maker reported ($0.33) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by ($0.50). Upland Software had a negative return on equity of 23.25% and a negative net margin of 19.10%. The firm had revenue of $23.30 million during the quarter, compared to analysts’ expectations of $21.84 million. During the same quarter in the prior year, the company earned ($0.22) earnings per share. The business’s revenue for the quarter was up 25.3% compared to the same quarter last year.

COPYRIGHT VIOLATION WARNING: This article was posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this article on another website, it was illegally stolen and republished in violation of United States and international copyright & trademark law. The correct version of this article can be read at https://www.thecerbatgem.com/2017/10/13/upland-software-inc-upld-cfo-sells-440200-00-in-stock.html.

A number of hedge funds and other institutional investors have recently bought and sold shares of UPLD. Renaissance Technologies LLC lifted its stake in Upland Software by 57.7% in the 1st quarter. Renaissance Technologies LLC now owns 178,200 shares of the software maker’s stock worth $2,832,000 after purchasing an additional 65,200 shares in the last quarter. Bank of America Corp DE purchased a new stake in Upland Software in the 1st quarter worth approximately $362,000. Driehaus Capital Management LLC purchased a new stake in Upland Software in the 1st quarter worth approximately $1,227,000. Goldman Sachs Group Inc. purchased a new stake in Upland Software in the 1st quarter worth approximately $441,000. Finally, Bank of Montreal Can lifted its stake in Upland Software by 5.5% in the 2nd quarter. Bank of Montreal Can now owns 185,500 shares of the software maker’s stock worth $4,079,000 after purchasing an additional 9,699 shares in the last quarter. Institutional investors and hedge funds own 26.92% of the company’s stock.

Several brokerages have recently commented on UPLD. Zacks Investment Research cut shares of Upland Software from a “buy” rating to a “hold” rating in a report on Thursday, July 27th. TheStreet raised shares of Upland Software from a “d” rating to a “c-” rating in a report on Tuesday, July 18th. BidaskClub cut shares of Upland Software from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Needham & Company LLC reaffirmed a “buy” rating and set a $29.00 target price (up from $25.00) on shares of Upland Software in a report on Friday, July 14th. Finally, Roth Capital cut shares of Upland Software from a “buy” rating to a “neutral” rating and set a $26.00 target price on the stock. in a report on Friday, July 14th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $27.40.

Upland Software Company Profile

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.

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

Receive News & Stock Ratings for Upland Software Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Upland Software Inc. and related stocks with our FREE daily email newsletter.