Upland Software Inc (NASDAQ:UPLD) CEO John T. Mcdonald sold 67,500 shares of the firm’s stock in a transaction dated Tuesday, January 9th. The stock was sold at an average price of $22.23, for a total value of $1,500,525.00. Following the transaction, the chief executive officer now owns 1,758,288 shares in the company, valued at approximately $39,086,742.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Upland Software Inc (UPLD) opened at $23.03 on Friday. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.94. Upland Software Inc has a 1-year low of $10.00 and a 1-year high of $25.56. The stock has a market capitalization of $472.44, a PE ratio of -23.99, a price-to-earnings-growth ratio of 1.39 and a beta of 0.54.
Upland Software (NASDAQ:UPLD) last issued its earnings results on Thursday, November 9th. The software maker reported $0.25 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.24 by $0.01. Upland Software had a negative return on equity of 13.22% and a negative net margin of 18.89%. The firm had revenue of $26.07 million for the quarter, compared to analysts’ expectations of $25.33 million. During the same quarter last year, the business earned $0.11 earnings per share. The company’s revenue was up 35.5% compared to the same quarter last year. sell-side analysts expect that Upland Software Inc will post 0.48 EPS for the current year.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in UPLD. Schwab Charles Investment Management Inc. acquired a new stake in shares of Upland Software during the second quarter worth about $258,000. Bank of New York Mellon Corp acquired a new stake in shares of Upland Software during the second quarter worth about $489,000. Teachers Advisors LLC acquired a new stake in shares of Upland Software during the second quarter worth about $279,000. TIAA CREF Investment Management LLC acquired a new stake in shares of Upland Software during the second quarter worth about $632,000. Finally, New York State Common Retirement Fund acquired a new stake in shares of Upland Software during the second quarter worth about $172,000. 30.10% of the stock is currently owned by institutional investors.
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.
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