Insiders Sold Upland Software At US$4.58, Meanwhile Stock Sits Near US$2.35

Even though Upland Software, Inc. (NASDAQ:UPLD) has fallen by 12% over the past week , insiders who sold US$158k worth of stock over the past year have had less luck. Insiders might have been better off holding onto their shares, given that the average selling price of US$4.58 is still below the current share price.

While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

View our latest analysis for Upland Software

The Last 12 Months Of Insider Transactions At Upland Software

In the last twelve months, the biggest single sale by an insider was when the Independent Director, Stephen Courter, sold US$91k worth of shares at a price of US$4.43 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$2.35. So it may not shed much light on insider confidence at current levels.

Upland Software insiders didn't buy any shares over the last year. 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!

For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.

Insider Ownership Of Upland Software

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. Our data indicates that Upland Software insiders own about US$7.7m worth of shares (which is 12% of the company). We do generally prefer see higher levels of insider ownership.

What Might The Insider Transactions At Upland Software Tell Us?

The fact that there have been no Upland Software insider transactions recently certainly doesn't bother us. We don't take much encouragement from the transactions by Upland Software insiders. We also note that, as far as we can see, insider ownership is fairly low, compared to other companies. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. When we did our research, we found 3 warning signs for Upland Software (1 is significant!) that we believe deserve your full attention.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com