Timothy Mattox Sells 20,000 Shares of Upland Software, Inc. (NASDAQ:UPLD) Stock

Upland Software, Inc. (NASDAQ:UPLD) Director Timothy Mattox sold 20,000 shares of the 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 sale, the director now directly owns 394,008 shares in the company, valued at $1,256,885.52. This represents a 4.83 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Timothy Mattox also recently made the following trade(s):

• On Tuesday, December 17th, Timothy Mattox sold 2,768 shares of Upland Software stock. The stock was sold at an average price of $4.56, for a total value of $12,622.08.

Upland Software Price Performance

NASDAQ UPLD traded up $0.05 on Monday, hitting $3.15. 194,693 shares of the company’s stock were exchanged, compared to its average volume of 340,361. The stock has a 50-day moving average of $3.92 and a 200-day moving average of $3.37. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 324.05. Upland Software, Inc. has a 52 week low of $1.79 and a 52 week high of $5.64. The stock has a market cap of $86.44 million, a price-to-earnings ratio of -0.70 and a beta of 1.40.

Institutional Investors Weigh In On Upland Software

Several institutional investors and hedge funds have recently added to or reduced their stakes in UPLD. Dynamic Technology Lab Private Ltd bought a new stake in Upland Software during the third quarter worth $31,000. XTX Topco Ltd acquired a new stake in shares of Upland Software during the 3rd quarter valued at $43,000. Legato Capital Management LLC acquired a new stake in shares of Upland Software during the 4th quarter valued at $44,000. WESPAC Advisors LLC acquired a new stake in shares of Upland Software during the 4th quarter valued at $55,000. Finally, Essential Planning LLC. acquired a new stake in shares of Upland Software during the 4th quarter valued at $56,000. 77.78% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

UPLD has been the topic of a number of analyst reports. Needham & Company LLC reissued a “hold” rating on shares of Upland Software in a research report on Thursday. StockNews.com upgraded Upland Software from a “hold” rating to a “buy” rating in a research note on Wednesday, March 12th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $3.75.

Upland Software Company 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.