Geode Capital Management LLC Has $682,000 Holdings in Upland Software, Inc. (NASDAQ:UPLD)

Geode Capital Management LLC lessened its stake in Upland Software, Inc. (NASDAQ:UPLD) by 4.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 273,917 shares of the software maker’s stock after selling 12,567 shares during the quarter. Geode Capital Management LLC owned about 1.00% of Upland Software worth $682,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. FMR LLC raised its stake in 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 in the last quarter. Rice Hall James & Associates LLC raised its stake in Upland Software by 115.4% in the third quarter. Rice Hall James & Associates LLC now owns 589,226 shares of the software maker’s stock valued at $1,467,000 after purchasing an additional 315,651 shares in the last quarter. Heron Bay Capital Management acquired a new position in Upland Software in the second quarter valued at about $185,000. Renaissance Technologies LLC raised its stake in Upland Software by 180.6% in the second quarter. Renaissance Technologies LLC now owns 288,408 shares of the software maker’s stock valued at $718,000 after purchasing an additional 185,617 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new position in Upland Software in the third quarter valued at about $31,000. Institutional investors and hedge funds own 77.78% of the company’s stock.

Upland Software Stock Down 8.2 %

Shares of NASDAQ UPLD opened at $4.23 on Friday. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 324.05. The company has a market cap of $116.08 million, a price-to-earnings ratio of -0.94 and a beta of 1.28. Upland Software, Inc. has a 12 month low of $1.79 and a 12 month high of $5.64. The stock has a 50-day moving average price of $3.91 and a two-hundred day moving average price of $2.88.

Analyst Ratings Changes

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