Sanjay Datta Sells 8,945 Shares of Upstart (NASDAQ:UPST) Stock

Upstart Holdings, Inc. (NASDAQ:UPST) insider Sanjay Datta sold 8,945 shares of the stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $28.09, for a total transaction of $251,265.05. Following the transaction, the insider owned 292,578 shares in the company, valued at $8,218,516.02. The trade was a 2.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sanjay Datta also recently made the following trade(s):

• On Wednesday, August 19th, Sanjay Datta sold 10,000 shares of Upstart stock. The stock was sold at an average price of $31.46, for a total transaction of $314,600.00.
• On Monday, August 17th, Sanjay Datta sold 2,033 shares of Upstart stock. The shares were sold at an average price of $29.36, for a total transaction of $59,688.88.
• On Tuesday, June 9th, Sanjay Datta sold 15,000 shares of Upstart stock. The shares were sold at an average price of $30.41, for a total transaction of $456,150.00.

Upstart Stock Performance

UPST stock opened at $30.30 on Friday. The firm has a market cap of $2.95 billion, a P/E ratio of 61.84, a P/E/G ratio of 1.07 and a beta of 2.29. The firm’s fifty day moving average is $30.91 and its 200 day moving average is $30.30. Upstart Holdings, Inc. has a 52 week low of $23.97 and a 52 week high of $76.95.

Upstart (NASDAQ:UPST) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.02). Upstart had a return on equity of 7.13% and a net margin of 4.84%.The business had revenue of $364.71 million during the quarter, compared to the consensus estimate of $354.74 million. During the same period in the prior year, the firm earned $0.36 earnings per share. The business’s revenue for the quarter was up 41.9% on a year-over-year basis. As a group, analysts forecast that Upstart Holdings, Inc. will post 0.72 EPS for the current year.

Upstart News Summary

Here are the key news stories impacting Upstart this week:

• Positive Sentiment: Planned Upstart Bank is the main bullish catalyst. CEO Paul Gu said Upstart expects to launch Upstart Bank early next year as part of the company’s “second leg” of development. Management believes the bank could improve access to funding, increase control over loan origination, and support expansion into secured products such as home and auto lending. Upstart Is Up After Announcing Plans to Launch Upstart Bank
• Positive Sentiment: Some analysts see meaningful upside. A recent analysis estimated that UPST could be approximately 28% undervalued if management can make its AI lending platform consistently profitable and successfully broaden into secured credit. The company’s consensus price target of $44.40 also remains above recent trading levels, although the average rating is “Hold.” Upstart Could Be 28% Undervalued
• Neutral Sentiment: Recent insider sales appear primarily tax-related. Sanjay Datta sold 10,000 shares for approximately $314,600 on August 19 and another 8,945 shares for about $251,265 on August 20. Natalia Mirgorodskaya sold 586 shares for approximately $16,461, while CFO Andrea Blankmeyer also reported August sales. The filings state that the transactions covered tax withholding obligations tied to vested equity awards, making them a weaker bearish signal; the executives retained significant holdings. SEC Insider Trading Filing
• Negative Sentiment: Profitability and valuation remain risks. Upstart’s latest quarterly EPS of $0.16 missed the $0.18 consensus estimate, despite revenue growing 41.9% year over year to $364.71 million. With a relatively high earnings multiple and recent share-price weakness, investors may remain cautious until the bank strategy produces sustained profits. Why Upstart Stock Slid

Analysts Set New Price Targets

UPST has been the subject of a number of recent research reports. Piper Sandler boosted their target price on Upstart from $46.00 to $51.00 and gave the company an “overweight” rating in a research note on Wednesday, August 5th. BTIG Research restated a “buy” rating and set a $43.00 price target on shares of Upstart in a research report on Wednesday, August 5th. Needham & Company LLC lifted their price target on Upstart from $40.00 to $42.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. The Goldman Sachs Group boosted their price objective on Upstart from $32.00 to $39.00 and gave the company a “neutral” rating in a research report on Thursday, July 9th. Finally, Wall Street Zen raised Upstart from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th. Eight investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $44.40.

Hedge Funds Weigh In On Upstart

A number of hedge funds have recently modified their holdings of the company. Halter Ferguson Financial Inc. raised its position in Upstart by 102.2% during the 4th quarter. Halter Ferguson Financial Inc. now owns 415,321 shares of the company’s stock valued at $18,162,000 after purchasing an additional 209,915 shares during the last quarter. Azora Capital LP bought a new stake in shares of Upstart in the 4th quarter worth approximately $38,580,000. Maxi Investments CY Ltd bought a new stake in shares of Upstart in the 4th quarter worth approximately $8,457,000. Norges Bank purchased a new position in shares of Upstart during the fourth quarter valued at approximately $49,915,000. Finally, First Trust Advisors LP increased its stake in shares of Upstart by 17.2% during the first quarter. First Trust Advisors LP now owns 373,455 shares of the company’s stock valued at $9,579,000 after buying an additional 54,908 shares during the period. Hedge funds and other institutional investors own 63.01% of the company’s stock.

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.