Yesterday it was reported that the CFO &Treasurer of Upland Software (UPLD), Michael Douglass Hill, exercised options to buy 6,383 UPLD shares at $0.30 a share, for a total transaction value of $1,914.
Following Michael Douglass Hill’s last UPLD Buy transaction on May 31, 2018, the stock climbed by 6.6%. This recent transaction increases Michael Douglass Hill’s holding in the company by 2.49% to a total of $11.1 million.
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Based on Upland Software’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $53.01 million and GAAP net loss of $5.37 million. In comparison, last year the company earned revenue of $35.95 million and had a GAAP net loss of $5.23 million. The company has a one-year high of $54.87 and a one-year low of $25.12. Currently, Upland Software has an average volume of 363.56K.
Starting in October 2018, 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.
Michael Douglass Hill’s trades have generated a -16.8% 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.
