The CFO,Treasurer & Secretary of Upland Software is Exercising Options


Today, the CFO,Treasurer & Secretary of Upland Software, Michael Douglass Hill, exercised options of Upland Software (NASDAQ: UPLD) for $4,500.

Following Michael Douglass Hill’s last UPLD Buy transaction on September 19, 2017, the stock climbed by 14.8%. This recent transaction increases Michael Douglass Hill’s holding in the company by 5.36% to a total of $10.56 million.

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Based on Upland Software’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $31.62 million and GAAP net loss of $3.16 million. In comparison, last year the company earned revenue of $20.75 million and had a GAAP net loss of $5.61 million. Currently, Upland Software has an average volume of 338K. The Company has a Price to Book ratio of 8.0157.

Starting in July 2017, UPLD received 22 Buy ratings in a row. Seven different firms, including Canaccord Genuity and Craig-Hallum, currently also have a Buy rating on the stock. One of the top 25 analysts, according to TipRanks.com, recently recommended Buy UPLD with a $35 price target.

Michael Douglass Hill’s trades have generated a -40.3% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Upland Software, Inc. engages in the provision of cloud-based enterprise work management software applications for the information technology, marketing, finance, professional services, and process functions within organizations.

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