Insider Selling: Upstart (NASDAQ:UPST) Insider Sells $30,065.02 in Stock

Upstart Holdings, Inc. (NASDAQ:UPST) insider Natalia Mirgorodskaya sold 821 shares of the business’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $36.62, for a total transaction of $30,065.02. Following the sale, the insider directly owned 27,160 shares in the company, valued at $994,599.20. The trade was a 2.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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

• On Tuesday, November 25th, Natalia Mirgorodskaya sold 762 shares of Upstart stock. The stock was sold at an average price of $38.91, for a total transaction of $29,649.42.
• On Tuesday, September 2nd, Natalia Mirgorodskaya sold 1,439 shares of Upstart stock. The shares were sold at an average price of $69.21, for a total transaction of $99,593.19.

Upstart Stock Performance

UPST stock opened at $42.06 on Thursday. The firm has a 50 day moving average price of $48.31 and a 200-day moving average price of $58.99. Upstart Holdings, Inc. has a 52-week low of $31.40 and a 52-week high of $96.43. The firm has a market capitalization of $4.09 billion, a price-to-earnings ratio of 191.19 and a beta of 2.26.

Upstart (NASDAQ:UPST) last posted its quarterly earnings data on Tuesday, November 4th. The company reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.10. The company had revenue of $258.54 million during the quarter, compared to analyst estimates of $288.94 million. Upstart had a return on equity of 3.68% and a net margin of 3.33%.The firm’s revenue for the quarter was up 70.9% on a year-over-year basis. During the same quarter last year, the company earned ($0.07) EPS. Upstart has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, sell-side analysts forecast that Upstart Holdings, Inc. will post -0.03 earnings per share for the current fiscal year.

Institutional Trading of Upstart

A number of institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its holdings in shares of Upstart by 2.8% during the first quarter. Vanguard Group Inc. now owns 8,014,656 shares of the company’s stock valued at $368,915,000 after purchasing an additional 221,204 shares during the last quarter. Jericho Capital Asset Management L.P. grew its position in Upstart by 22.6% in the 3rd quarter. Jericho Capital Asset Management L.P. now owns 4,480,809 shares of the company’s stock worth $227,625,000 after purchasing an additional 826,974 shares during the period. Geode Capital Management LLC raised its stake in Upstart by 3.8% during the 2nd quarter. Geode Capital Management LLC now owns 2,009,116 shares of the company’s stock valued at $129,965,000 after buying an additional 73,582 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of Upstart by 79.0% during the 1st quarter. Invesco Ltd. now owns 1,270,352 shares of the company’s stock valued at $58,474,000 after buying an additional 560,668 shares during the period. Finally, Driehaus Capital Management LLC boosted its stake in shares of Upstart by 71.5% in the 1st quarter. Driehaus Capital Management LLC now owns 1,215,237 shares of the company’s stock worth $55,937,000 after buying an additional 506,787 shares during the last quarter. Hedge funds and other institutional investors own 63.01% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on UPST shares. Needham & Company LLC lowered their price target on Upstart from $82.00 to $56.00 and set a “buy” rating for the company in a research report on Wednesday, November 5th. Weiss Ratings lowered shares of Upstart from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday. The Goldman Sachs Group reaffirmed a “sell” rating and issued a $40.00 target price on shares of Upstart in a report on Thursday, November 6th. Stephens cut their price target on shares of Upstart from $55.00 to $40.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 5th. Finally, BTIG Research reissued a “neutral” rating on shares of Upstart in a research report on Wednesday, November 5th. Six research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $64.58.

Upstart Company Profile

Upstart Holdings, Inc, together with its subsidiaries, operates a cloud-based artificial intelligence (AI) lending platform in the United States. Its platform includes personal loans, automotive retail and refinance loans, home equity lines of credit, and small dollar loans that connects consumer demand for loans to its to bank and credit unions.