Media stories about Upland Software (NASDAQ:UPLD) have been trending somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Upland Software earned a daily sentiment score of 0.22 on Accern’s scale. Accern also assigned press coverage about the software maker an impact score of 47.7994418941464 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:
- Upland Software (UPLD) Cut to Sell at Zacks Investment Research (americanbankingnews.com)
- Upland Software (UPLD) Stock Rating Reaffirmed by SunTrust Banks (americanbankingnews.com)
- Upland Software (UPLD) PT Raised to $32.00 (americanbankingnews.com)
- Upland Software (UPLD) Posts Quarterly Earnings Results (americanbankingnews.com)
- Upland Software Awarded KMWorld’s “100 Companies That Matter in Knowledge Management” Distinction for the Seventh Time (finance.yahoo.com)
Shares of Upland Software (UPLD) traded down $0.52 on Tuesday, reaching $29.03. 246,221 shares of the company’s stock traded hands, compared to its average volume of 229,000. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.94. Upland Software has a one year low of $12.60 and a one year high of $30.44. The firm has a market capitalization of $623.88, a price-to-earnings ratio of -28.22, a P/E/G ratio of 1.90 and a beta of 0.52.
UPLD has been the subject of several analyst reports. BidaskClub raised shares of Upland Software from a “sell” rating to a “hold” rating in a report on Friday, December 22nd. Zacks Investment Research upgraded shares of Upland Software from a “hold” rating to a “buy” rating and set a $23.00 target price on the stock in a research report on Friday, November 17th. ValuEngine lowered shares of Upland Software from a “hold” rating to a “sell” rating in a research report on Friday, December 1st. Needham & Company LLC upped their target price on shares of Upland Software from $29.00 to $32.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Canaccord Genuity upped their target price on shares of Upland Software from $27.00 to $32.00 and gave the stock a “buy” rating in a research report on Friday. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the stock. Upland Software currently has an average rating of “Buy” and a consensus target price of $29.00.
In other news, CEO John T. Mcdonald sold 67,500 shares of the stock in a transaction that occurred on Tuesday, January 9th. The shares were sold at an average price of $22.23, for a total value of $1,500,525.00. Following the sale, the chief executive officer now directly owns 1,758,288 shares in the company, valued at $39,086,742.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Systems Corp Wave sold 1,460,862 shares of the stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $22.00, for a total transaction of $32,138,964.00. The disclosure for this sale can be found here. Insiders have sold 2,040,362 shares of company stock worth $45,014,194 over the last 90 days. 30.20% of the stock is currently owned by company insiders.
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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