Insider Selling: Upstart (NASDAQ:UPST) Insider Sells 866 Shares of Stock

Upstart Holdings, Inc. (NASDAQ:UPST) insider Natalia Mirgorodskaya sold 866 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $28.79, for a total value of $24,932.14. Following the completion of the sale, the insider owned 25,289 shares in the company, valued at $728,070.31. The trade was a 3.31% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Natalia Mirgorodskaya also recently made the following trade(s):

• On Friday, February 20th, Natalia Mirgorodskaya sold 633 shares of Upstart stock. The shares were sold at an average price of $29.90, for a total value of $18,926.70.

Upstart Stock Down 8.2%

Shares of NASDAQ UPST traded down $2.44 during trading on Friday, reaching $27.23. The company had a trading volume of 5,463,028 shares, compared to its average volume of 5,231,914. Upstart Holdings, Inc. has a 12-month low of $26.80 and a 12-month high of $87.30. The stock has a market cap of $2.67 billion, a PE ratio of 64.83, a P/E/G ratio of 0.74 and a beta of 2.38. The business’s 50-day moving average is $41.47 and its 200 day moving average is $49.26.

Upstart (NASDAQ:UPST) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.02. Upstart had a return on equity of 6.30% and a net margin of 5.13%.The firm had revenue of $296.09 million during the quarter, compared to analyst estimates of $288.54 million. During the same quarter in the previous year, the firm earned $0.26 EPS. Upstart’s quarterly revenue was up 35.2% compared to the same quarter last year. On average, analysts anticipate that Upstart Holdings, Inc. will post -0.03 earnings per share for the current year.

Upstart declared that its Board of Directors has authorized a share repurchase program on Thursday, February 19th that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the company to repurchase up to 3.2% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of research firms have commented on UPST. Piper Sandler reduced their target price on Upstart from $80.00 to $56.00 and set an “overweight” rating for the company in a report on Wednesday, November 5th. Needham & Company LLC reaffirmed a “buy” rating and set a $56.00 price target on shares of Upstart in a report on Wednesday, February 11th. The Goldman Sachs Group upgraded Upstart from a “sell” rating to a “neutral” rating and reduced their price objective for the stock from $44.00 to $35.00 in a report on Friday, February 13th. Bank of America decreased their target price on Upstart from $81.00 to $71.00 and set a “neutral” rating for the company in a research report on Wednesday, November 5th. Finally, BTIG Research reaffirmed a “neutral” rating on shares of Upstart in a report on Wednesday, November 5th. Four research analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $49.50.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of UPST. Rare Wolf Capital LLC purchased a new stake in shares of Upstart during the 4th quarter valued at about $616,000. Alpine Woods Capital Investors LLC bought a new stake in Upstart during the fourth quarter valued at approximately $752,000. Mercer Global Advisors Inc. ADV increased its holdings in Upstart by 41.3% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 45,167 shares of the company’s stock valued at $1,975,000 after buying an additional 13,205 shares during the last quarter. Beacon Pointe Advisors LLC purchased a new stake in Upstart during the fourth quarter valued at approximately $380,000. Finally, Empowered Funds LLC bought a new position in Upstart in the fourth quarter worth approximately $40,000. 63.01% of the stock is owned by hedge funds and other institutional investors.

About Upstart

Upstart Holdings, Inc operates a cloud-based lending marketplace that leverages artificial intelligence and machine learning to assess borrower creditworthiness. The company partners with banks and credit unions, providing its proprietary AI models and underwriting platform to facilitate consumer credit products. By focusing on non‐traditional data points—such as education, employment history and other real‐time indicators—Upstart seeks to improve approval rates and lower loss rates compared with conventional credit scoring methods.

Upstart’s core offering centers on unsecured personal loans, which borrowers can use for purposes such as debt consolidation, home improvements or major purchases.