NASDAQ:UPLD) should definitely note that the Lead Independent Director, David May, recently paid US$33.72 per share to buy US$337k worth of the stock. That’s a very solid buy in our book, and increased their holding by a noteworthy 17%.” data-reactid=”28″>Investors who take an interest in Upland Software, Inc. (NASDAQ:UPLD) should definitely note that the Lead Independent Director, David May, recently paid US$33.72 per share to buy US$337k worth of the stock. That’s a very solid buy in our book, and increased their holding by a noteworthy 17%.
See our latest analysis for Upland Software ” data-reactid=”29″> See our latest analysis for Upland Software
Upland Software Insider Transactions Over The Last Year
In fact, the recent purchase by David May was the biggest purchase of Upland Software shares made by an insider individual in the last twelve months, according to our records. That means that an insider was happy to buy shares at above the current price of US$33.63. It’s very possible they regret the purchase, but it’s more likely they are bullish about the company. To us, it’s very important to consider the price insiders pay for shares is very important. Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. The only individual insider to buy over the last year was David May.
You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
list of growing companies that insiders are buying.” data-reactid=”49″>There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.
Does Upland Software Boast High Insider Ownership?
For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it’s a good sign if insiders own a significant number of shares in the company. It appears that Upland Software insiders own 8.1% of the company, worth about US$79m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
What Might The Insider Transactions At Upland Software Tell Us?
2 warning signs for Upland Software you should know about.” data-reactid=”53″>It’s certainly positive to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. However, we note that the company didn’t make a profit over the last twelve months, which makes us cautious. Insiders likely see value in Upland Software shares, given these transactions (along with notable insider ownership of the company). In addition to knowing about insider transactions going on, it’s beneficial to identify the risks facing Upland Software. Every company has risks, and we’ve spotted 2 warning signs for Upland Software you should know about.
collection of high quality companies.” data-reactid=”54″>Of course Upland Software may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
Get in touch with us directly. Alternatively, email [email protected].” data-reactid=”56″>This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.