Rice Hall James & Associates LLC Raises Stock Position in Upland Software, Inc. (NASDAQ:UPLD)

Rice Hall James & Associates LLC boosted its position in shares of Upland Software, Inc. (NASDAQ:UPLD) by 63.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 964,624 shares of the software maker’s stock after purchasing an additional 375,398 shares during the quarter. Rice Hall James & Associates LLC owned about 3.52% of Upland Software worth $4,186,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. FMR LLC increased its stake in shares of Upland Software by 30.0% during the third quarter. FMR LLC now owns 78,626 shares of the software maker’s stock valued at $196,000 after buying an additional 18,134 shares during the period. Dynamic Technology Lab Private Ltd purchased a new position in Upland Software during the 3rd quarter valued at about $31,000. Legato Capital Management LLC purchased a new position in Upland Software during the 4th quarter valued at about $44,000. XTX Topco Ltd purchased a new position in Upland Software during the 3rd quarter valued at about $43,000. Finally, First Heartland Consultants Inc. purchased a new position in Upland Software during the third quarter valued at approximately $30,000. 77.78% of the stock is currently owned by hedge funds and other institutional investors.

Upland Software Trading Up 2.1 %

UPLD opened at $4.35 on Tuesday. The business’s 50-day moving average is $4.35 and its two-hundred day moving average is $3.18. 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 1 year low of $1.79 and a 1 year high of $5.64.

Analyst Upgrades and Downgrades

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

Upland Software 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.