Upstart (NASDAQ:UPST) Insider Sanjay Datta Sells 2,033 Shares of Stock

Upstart Holdings, Inc. (NASDAQ:UPST) insider Sanjay Datta sold 2,033 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $29.36, for a total value of $59,688.88. Following the transaction, the insider directly owned 311,523 shares of the company’s stock, valued at $9,146,315.28. The trade was a 0.65% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 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 $30.60 on Thursday. Upstart Holdings, Inc. has a fifty-two week low of $23.97 and a fifty-two week high of $76.95. The company has a market capitalization of $2.98 billion, a price-to-earnings ratio of 62.45, a price-to-earnings-growth ratio of 1.03 and a beta of 2.29. The business’s 50 day moving average price is $30.97 and its two-hundred day moving average price is $30.37.

Upstart (NASDAQ:UPST) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $0.16 earnings per share (EPS) 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 quarter in the previous year, the business earned $0.36 earnings per share. The firm’s revenue was up 41.9% compared to the same quarter last year. Sell-side analysts forecast that Upstart Holdings, Inc. will post 0.72 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Wall Street Zen raised Upstart from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. B. Riley Financial decreased their target price on Upstart from $66.00 to $54.00 and set a “buy” rating for the company in a research report on Wednesday, May 6th. Truist Financial set a $40.00 target price on shares of Upstart in a research note on Wednesday, May 6th. Mizuho set a $45.00 price target on shares of Upstart in a research note on Friday, May 8th. Finally, BTIG Research reiterated a “buy” rating and issued a $43.00 price target on shares of Upstart in a research note on Wednesday, August 5th. Eight investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $44.40.

Hedge Funds Weigh In On Upstart

Institutional investors and hedge funds have recently bought and sold shares of the stock. Halter Ferguson Financial Inc. grew its stake in shares of 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 acquiring an additional 209,915 shares during the period. Azora Capital LP bought a new stake in Upstart during the 4th quarter worth approximately $38,580,000. Norges Bank bought a new stake in Upstart during the 4th quarter worth approximately $49,915,000. Maxi Investments CY Ltd purchased a new position in Upstart during the fourth quarter valued at approximately $8,457,000. Finally, First Trust Advisors LP lifted its holdings in 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 purchasing an additional 54,908 shares in the last quarter. 63.01% of the stock is currently owned by hedge funds and other institutional investors.

Upstart News Roundup

Here are the key news stories impacting Upstart this week:

• Positive Sentiment: Planned Upstart Bank provides a new growth catalyst. CEO Paul Gu said Upstart plans to launch Upstart Bank early next year as part of its next phase of development. The bank could improve funding access, support secured lending products such as home and auto loans, and give Upstart greater control over its lending platform. Upstart Holdings Is Up After Announcing Plans To Launch Upstart Bank
• Positive Sentiment: Fintech-sector momentum improved. Upstart advanced alongside SoFi Technologies and Affirm Holdings as fintech lenders rebounded amid a bond-market catalyst. The move suggests investors may be rotating back toward higher-beta financial technology stocks, benefiting UPST’s beta of 2.29. Fintech Names Rebound With Bond Market Catalyst
• Neutral Sentiment: Insider sales were largely routine. CFO Andrea Blankmeyer sold 7,175 shares for about $210,658 and an additional 3,000 shares for about $87,990. Insider Sanjay Datta sold 2,033 shares. The transactions were conducted under pre-arranged Rule 10b5-1 plans to cover tax withholding on vested equity awards, reducing their usefulness as a bearish signal; executives retained substantial holdings.
• Negative Sentiment: Profitability and valuation remain concerns. Upstart’s latest quarterly EPS missed estimates despite revenue rising 41.9% year over year. Analysts also note that rival SoFi has stronger profitability and deposit funding, while Upstart’s consensus rating remains “Hold.” These issues could limit enthusiasm until the bank strategy demonstrates sustained contribution profits. SoFi vs. Upstart: Which Fintech Lending Stock Fits Your Portfolio Best?

Upstart Company 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.