Insiders Who Sold Upland Software Missed Out On 11% Stock Increase

Although Upland Software, Inc. (NASDAQ:UPLD) shareholders have enjoyed a great week with the stock up 11%, insiders who sold stock over the past year haven't fared as well. Had they waited, they might have been able to sell their stock at much higher prices and thereby received a better value on their investment.

Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.

Check out our latest analysis for Upland Software

The Last 12 Months Of Insider Transactions At Upland Software

Over the last year, we can see that the biggest insider sale was by the Independent Director, Stephen Courter, for US$91k worth of shares, at about US$4.43 per share. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The silver lining is that this sell-down took place above the latest price (US$2.62). So it may not shed much light on insider confidence at current levels.

Insiders in Upland Software didn't buy any shares in the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 13% of Upland Software shares, worth about US$9.2m, according to our data. Whilst better than nothing, we're not overly impressed by these holdings.

So What Do The Upland Software Insider Transactions Indicate?

It doesn't really mean much that no insider has traded Upland Software shares in the last quarter. The insider transactions at Upland Software are not inspiring us to buy. And we're not picking up on high enough insider ownership to give us any comfort. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. Case in point: We've spotted 3 warning signs for Upland Software you should be aware of.

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.

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.