Deutsche Bank AG Invests $3.38 Million in Upstart Holdings, Inc. $UPST

Deutsche Bank AG acquired a new position in Upstart Holdings, Inc. (NASDAQ:UPST) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 95,554 shares of the company’s stock, valued at approximately $3,385,000.

Several other institutional investors have also added to or reduced their stakes in UPST. Perigon Wealth Management LLC acquired a new stake in Upstart during the 2nd quarter valued at approximately $931,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Upstart in the 2nd quarter worth approximately $296,000. Simplicity Wealth LLC bought a new stake in shares of Upstart in the 2nd quarter valued at $381,000. Alberta Investment Management Corp bought a new stake in shares of Upstart in the 2nd quarter valued at $8,461,000. Finally, SCS Capital Management LLC acquired a new stake in shares of Upstart during the second quarter worth $1,240,000. 63.01% of the stock is currently owned by institutional investors.

Upstart Stock Down 0.4%

Upstart stock opened at $30.47 on Thursday. The company has a market capitalization of $2.97 billion, a PE ratio of 62.18, a PEG ratio of 1.08 and a beta of 2.29. Upstart Holdings, Inc. has a 12-month low of $23.97 and a 12-month high of $76.95. The firm’s fifty day moving average is $30.83 and its 200 day moving average is $30.09.

Upstart (NASDAQ:UPST) last posted 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). Upstart had a return on equity of 7.13% and a net margin of 4.84%.The company had revenue of $364.71 million during the quarter, compared to analyst estimates of $354.74 million. During the same quarter in the previous year, the business posted $0.36 earnings per share. The company’s revenue for the quarter was up 41.9% compared to the same quarter last year. Sell-side analysts expect that Upstart Holdings, Inc. will post 0.72 EPS for the current fiscal year.

Insider Activity

In other news, CFO Andrea Blankmeyer sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $29.33, for a total value of $87,990.00. Following the completion of the sale, the chief financial officer directly owned 152,208 shares in the company, valued at $4,464,260.64. This trade represents a 1.93% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Sanjay Datta sold 8,945 shares of the business’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $28.09, for a total value of $251,265.05. Following the completion of the sale, the insider directly owned 292,578 shares of the company’s stock, valued at $8,218,516.02. The trade was a 2.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 46,739 shares of company stock valued at $1,396,813. 17.29% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on UPST. The Goldman Sachs Group lifted their target price on shares of Upstart from $32.00 to $39.00 and gave the stock a “neutral” rating in a research note on Thursday, July 9th. Weiss Ratings upgraded Upstart from a “sell (d)” rating to a “hold (c-)” rating in a report on Monday, August 17th. Mizuho set a $45.00 price objective on Upstart in a research report on Friday, May 8th. Needham & Company LLC lifted their price objective on Upstart from $40.00 to $42.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Finally, B. Riley Financial cut their target price on Upstart from $66.00 to $54.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Eight equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $44.40.

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.