Upstart (NASDAQ:UPST) Insider Sells $16,460.74 in Stock

Upstart Holdings, Inc. (NASDAQ:UPST) insider Natalia Mirgorodskaya sold 586 shares of the stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $28.09, for a total transaction of $16,460.74. Following the completion of the sale, the insider owned 36,788 shares of the company’s stock, valued at approximately $1,033,374.92. This trade represents a 1.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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

• On Tuesday, May 26th, Natalia Mirgorodskaya sold 974 shares of Upstart stock. The stock was sold at an average price of $28.99, for a total transaction of $28,236.26.

Upstart Price Performance

Shares of NASDAQ UPST opened at $30.30 on Monday. Upstart Holdings, Inc. has a twelve month low of $23.97 and a twelve month high of $76.95. The stock’s 50 day moving average price is $30.91 and its 200-day moving average price is $30.23. The company has a market capitalization of $2.95 billion, a PE ratio of 61.84, a PEG ratio of 1.07 and a beta of 2.29.

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

Analysts Set New Price Targets

A number of equities research analysts have recently commented on UPST shares. B. Riley Financial lowered their target price on Upstart from $66.00 to $54.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Citigroup decreased their price objective on shares of Upstart from $80.00 to $61.00 and set a “buy” rating for the company in a report on Wednesday, July 22nd. Piper Sandler lifted their price objective on shares of Upstart from $46.00 to $51.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 5th. Needham & Company LLC lifted their price objective on shares of Upstart from $40.00 to $42.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Finally, The Goldman Sachs Group boosted their target price on shares of Upstart from $32.00 to $39.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Eight analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $44.40.

Key Headlines Impacting Upstart

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Bayforest Capital Ltd bought a new stake in Upstart in the 4th quarter valued at about $25,000. Quarry LP boosted its position in Upstart by 749.2% during the third quarter. Quarry LP now owns 501 shares of the company’s stock worth $25,000 after purchasing an additional 442 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of Upstart by 132.2% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 771 shares of the company’s stock worth $39,000 after purchasing an additional 439 shares in the last quarter. Empowered Funds LLC purchased a new position in shares of Upstart in the fourth quarter worth about $40,000. Finally, Bogart Wealth LLC bought a new stake in shares of Upstart in the fourth quarter valued at approximately $44,000. 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.