Landscape Capital Management L.L.C. Decreases Stock Holdings in Upstart Holdings, Inc. $UPST

Landscape Capital Management L.L.C. lessened its holdings in Upstart Holdings, Inc. (NASDAQ:UPST) by 22.0% during the third quarter, HoldingsChannel.com reports. The fund owned 110,859 shares of the company’s stock after selling 31,324 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Upstart were worth $5,632,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. AQR Capital Management LLC increased its holdings in Upstart by 89.5% in the 1st quarter. AQR Capital Management LLC now owns 96,706 shares of the company’s stock valued at $4,451,000 after purchasing an additional 45,664 shares in the last quarter. Integrated Wealth Concepts LLC lifted its stake in shares of Upstart by 13.8% during the first quarter. Integrated Wealth Concepts LLC now owns 4,628 shares of the company’s stock worth $213,000 after purchasing an additional 563 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of Upstart by 20.0% in the first quarter. NewEdge Advisors LLC now owns 1,997 shares of the company’s stock worth $92,000 after buying an additional 333 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Upstart by 18.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 173,017 shares of the company’s stock worth $7,964,000 after buying an additional 27,287 shares during the period. Finally, Acadian Asset Management LLC acquired a new stake in shares of Upstart in the first quarter valued at about $208,000. Institutional investors and hedge funds own 63.01% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Citizens Jmp reiterated a “market underperform” rating and set a $20.00 target price on shares of Upstart in a report on Friday, February 13th. Citigroup downgraded shares of Upstart from a “buy” rating to a “strong sell” rating in a research report on Friday, February 13th. Compass Point upgraded shares of Upstart from a “sell” rating to a “neutral” rating and lifted their price objective for the company from $20.00 to $30.00 in a research note on Tuesday, February 17th. Weiss Ratings restated a “sell (d+)” rating on shares of Upstart in a research note on Monday, December 29th. Finally, Truist Financial lowered their price target on shares of Upstart from $59.00 to $49.00 and set a “buy” rating for the company in a report on Wednesday, February 11th. Four research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $48.17.

Insiders Place Their Bets

In other Upstart news, CFO Sanjay Datta sold 7,982 shares of the firm’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $29.86, for a total transaction of $238,342.52. Following the completion of the transaction, the chief financial officer directly owned 276,688 shares of the company’s stock, valued at $8,261,903.68. This trade represents a 2.80% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last ninety days, insiders have sold 9,481 shares of company stock worth $282,201. 16.67% of the stock is owned by company insiders.

Upstart Stock Up 3.8%

Shares of UPST traded up $0.97 during trading on Friday, reaching $26.73. The company’s stock had a trading volume of 1,091,064 shares, compared to its average volume of 5,153,908. The company has a market cap of $2.62 billion, a price-to-earnings ratio of 63.58, a P/E/G ratio of 0.71 and a beta of 2.44. The company has a fifty day moving average of $37.67 and a two-hundred day moving average of $46.72. Upstart Holdings, Inc. has a twelve month low of $25.60 and a twelve month high of $87.30.

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

Upstart declared that its board has approved a share buyback 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 typically a sign that the company’s board believes its shares are undervalued.

Upstart Profile

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.