Upland Software (NASDAQ:UPLD) Earns “Sell” Rating from Roth Mkm

Upland Software (NASDAQ:UPLD)‘s stock had its “sell” rating reiterated by research analysts at Roth Mkm in a report released on Tuesday, Benzinga reports. They currently have a $2.50 price target on the software maker’s stock, down from their previous price target of $3.00. Roth Mkm’s target price would suggest a potential downside of 15.11% from the company’s current price.

Other equities analysts also recently issued research reports about the stock. Needham & Company LLC reaffirmed a “hold” rating on shares of Upland Software in a research note on Friday, May 3rd. Canaccord Genuity Group lowered their target price on Upland Software from $7.00 to $5.00 and set a “buy” rating for the company in a research report on Friday, May 3rd. StockNews.com upgraded Upland Software from a “hold” rating to a “buy” rating in a research report on Monday. Finally, William Blair reissued an “outperform” rating on shares of Upland Software in a research note on Friday, May 3rd. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $3.75.

Upland Software Stock Performance

Upland Software stock opened at $2.95 on Tuesday. The business has a 50 day moving average of $2.61 and a 200-day moving average of $3.68. The company has a debt-to-equity ratio of 23.49, a current ratio of 2.34 and a quick ratio of 2.34. Upland Software has a 1 year low of $1.89 and a 1 year high of $5.28. The company has a market capitalization of $81.26 million, a P/E ratio of -0.62 and a beta of 1.01.

Institutional Trading of Upland Software

Institutional investors have recently bought and sold shares of the company. Pingora Partners LLC acquired a new position in shares of Upland Software in the 4th quarter valued at about $50,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in Upland Software in the first quarter valued at approximately $37,000. Mackenzie Financial Corp bought a new position in shares of Upland Software during the 3rd quarter worth approximately $54,000. Oxford Asset Management LLP acquired a new stake in shares of Upland Software during the 4th quarter worth approximately $52,000. Finally, Pathstone Family Office LLC bought a new stake in shares of Upland Software in the 3rd quarter valued at $108,000. Institutional investors own 77.78% of the company’s stock.

About Upland Software

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.