Upstart (NASDAQ:UPST) Insider Natalia Mirgorodskaya Sells 913 Shares of Stock

Upstart Holdings, Inc. (NASDAQ:UPST) insider Natalia Mirgorodskaya sold 913 shares of the company’s stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $30.03, for a total value of $27,417.39. Following the sale, the insider owned 35,875 shares of the company’s stock, valued at approximately $1,077,326.25. This trade represents a 2.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Thursday, August 20th, Natalia Mirgorodskaya sold 586 shares of Upstart stock. The shares were sold at an average price of $28.09, for a total value of $16,460.74.

Upstart Stock Performance

Shares of NASDAQ:UPST opened at $30.46 on Friday. The stock has a market capitalization of $2.96 billion, a price-to-earnings ratio of 62.16, a PEG ratio of 1.07 and a beta of 2.29. The stock’s 50-day simple moving average is $30.79 and its two-hundred day simple moving average is $30.03. Upstart Holdings, Inc. has a 52-week low of $23.97 and a 52-week high of $76.95.

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

Institutional Investors Weigh In On Upstart

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Maxi Investments CY Ltd purchased a new position in shares of Upstart during the 2nd quarter valued at $6,852,000. Halter Ferguson Financial Inc. increased its stake in Upstart by 102.2% in the 4th quarter. Halter Ferguson Financial Inc. now owns 415,321 shares of the company’s stock worth $18,162,000 after buying an additional 209,915 shares in the last quarter. Azora Capital LP bought a new stake in Upstart during the fourth quarter valued at about $38,580,000. Norges Bank bought a new stake in Upstart during the fourth quarter valued at about $49,915,000. Finally, First Trust Advisors LP lifted its position in shares of Upstart by 17.2% in the first quarter. First Trust Advisors LP now owns 373,455 shares of the company’s stock valued at $9,579,000 after acquiring an additional 54,908 shares in the last quarter. Institutional investors own 63.01% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on UPST shares. B. Riley Financial decreased their price target on shares of Upstart from $66.00 to $54.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Piper Sandler boosted their price objective on shares of Upstart from $46.00 to $51.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. Jefferies Financial Group restated a “hold” rating and issued a $30.00 price objective on shares of Upstart in a research note on Tuesday, June 9th. Morgan Stanley set a $35.00 target price on Upstart in a report on Thursday, May 7th. Finally, Citigroup lowered their target price on Upstart from $80.00 to $61.00 and set a “buy” rating on the stock in a research report on Wednesday, July 22nd. 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. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $44.40.

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.