12,658 Shares in Upland Software, Inc. (NASDAQ:UPLD) Acquired by WESPAC Advisors LLC

WESPAC Advisors LLC bought a new position in shares of Upland Software, Inc. (NASDAQ:UPLD) during the 4th quarter, HoldingsChannel.com reports. The fund bought 12,658 shares of the software maker’s stock, valued at approximately $55,000.

A number of other hedge funds have also bought and sold shares of UPLD. Legato Capital Management LLC acquired a new stake in shares of Upland Software during the fourth quarter worth $44,000. First Heartland Consultants Inc. purchased a new position in Upland Software in the 3rd quarter worth $30,000. Dynamic Technology Lab Private Ltd acquired a new stake in Upland Software during the 3rd quarter worth about $31,000. XTX Topco Ltd purchased a new stake in Upland Software during the 3rd quarter valued at about $43,000. Finally, FMR LLC increased its holdings in shares of Upland Software by 30.0% in the third quarter. FMR LLC now owns 78,626 shares of the software maker’s stock valued at $196,000 after purchasing an additional 18,134 shares during the period. Institutional investors and hedge funds own 77.78% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC reaffirmed a “hold” rating on shares of Upland Software in a report on Friday, November 8th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $3.75.

Upland Software Trading Down 8.5 %

NASDAQ UPLD opened at $4.09 on Monday. Upland Software, Inc. has a 1 year low of $1.79 and a 1 year high of $5.64. The company has a debt-to-equity ratio of 324.05, a current ratio of 0.99 and a quick ratio of 0.99. The company has a market capitalization of $112.23 million, a PE ratio of -0.90 and a beta of 1.28. The company has a fifty day moving average of $4.31 and a 200 day moving average of $3.26.

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.