Insider Selling: Upbound Group (NASDAQ:UPBD) EVP Sells $188,500.00 in Stock

Upbound Group, Inc. (NASDAQ:UPBD) EVP Anthony Blasquez sold 10,000 shares of the firm’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $18.85, for a total value of $188,500.00. Following the transaction, the executive vice president owned 43,717 shares in the company, valued at approximately $824,065.45. This trade represents a 18.62% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Upbound Group Price Performance

Shares of NASDAQ UPBD opened at $19.22 on Friday. The business has a fifty day moving average price of $20.18 and a two-hundred day moving average price of $19.38. The stock has a market capitalization of $1.12 billion, a PE ratio of 12.48 and a beta of 1.79. The company has a debt-to-equity ratio of 1.94, a current ratio of 3.22 and a quick ratio of 0.97. Upbound Group, Inc. has a fifty-two week low of $15.82 and a fifty-two week high of $28.02.

Upbound Group (NASDAQ:UPBD) last released its earnings results on Thursday, July 30th. The company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.05 by $0.02. The company had revenue of $1.16 billion for the quarter, compared to analyst estimates of $1.16 billion. Upbound Group had a return on equity of 34.53% and a net margin of 1.90%.Upbound Group’s quarterly revenue was up .5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.12 EPS. Upbound Group has set its FY 2026 guidance at 4.000-4.350 EPS and its Q3 2026 guidance at 0.850-0.950 EPS. As a group, equities analysts predict that Upbound Group, Inc. will post 4.15 earnings per share for the current fiscal year.

Upbound Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Tuesday, June 16th were given a $0.39 dividend. The ex-dividend date was Tuesday, June 16th. This represents a $1.56 annualized dividend and a dividend yield of 8.1%. Upbound Group’s payout ratio is presently 101.30%.

Institutional Trading of Upbound Group

A number of hedge funds have recently made changes to their positions in the company. Quarry LP increased its stake in shares of Upbound Group by 913.1% in the third quarter. Quarry LP now owns 1,388 shares of the company’s stock valued at $33,000 after buying an additional 1,251 shares during the period. Hantz Financial Services Inc. boosted its position in Upbound Group by 238.3% during the 4th quarter. Hantz Financial Services Inc. now owns 1,448 shares of the company’s stock worth $25,000 after buying an additional 1,020 shares during the period. Quantbot Technologies LP acquired a new stake in Upbound Group during the 2nd quarter worth approximately $46,000. Allworth Financial LP bought a new stake in Upbound Group during the 2nd quarter worth approximately $50,000. Finally, GAMMA Investing LLC grew its holdings in Upbound Group by 18.2% during the 2nd quarter. GAMMA Investing LLC now owns 3,360 shares of the company’s stock worth $71,000 after acquiring an additional 518 shares during the last quarter. 90.30% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have commented on UPBD shares. Wall Street Zen downgraded shares of Upbound Group from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Zacks Research cut Upbound Group from a “hold” rating to a “strong sell” rating in a report on Monday, August 3rd. BTIG Research lowered Upbound Group from a “buy” rating to a “neutral” rating and set a $28.00 price objective on the stock. in a research note on Friday, July 31st. Weiss Ratings raised Upbound Group from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday. Finally, TD Cowen dropped their target price on shares of Upbound Group from $29.00 to $28.00 and set a “buy” rating for the company in a report on Friday, July 31st. Two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $30.67.

Upbound Group Company Profile

Upbound Group, Inc leases household durable goods to customers on a lease-to-own basis in the United States, Puerto Rico, and Mexico. It operates through four segments: Rent-A-Center, Acima, Mexico, and Franchising. The company's brands, such as Rent-A-Center and Acima that facilitate consumer transactions across a range of store-based and virtual channels. It offers furniture comprising mattresses, tires, consumer electronics, appliances, tools, handbags, computers, smartphones, and accessories.