Upstart (NASDAQ:UPST) Insider Sells $24,932.14 in Stock

Upstart Holdings, Inc. (NASDAQ:UPST) insider Natalia Mirgorodskaya sold 866 shares of Upstart stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $28.79, for a total value of $24,932.14. Following the completion of the sale, the insider directly owned 25,289 shares in the company, valued at $728,070.31. This represents a 3.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Friday, February 20th, Natalia Mirgorodskaya sold 633 shares of Upstart stock. The stock was sold at an average price of $29.90, for a total transaction of $18,926.70.

Upstart Trading Down 8.2%

Shares of UPST stock opened at $27.23 on Monday. Upstart Holdings, Inc. has a 1 year low of $26.80 and a 1 year high of $87.30. The firm’s fifty day moving average price is $41.06 and its two-hundred day moving average price is $48.79. The firm has a market capitalization of $2.67 billion, a P/E ratio of 64.83, a PEG ratio of 0.71 and a beta of 2.44.

Upstart (NASDAQ:UPST) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.02. The company had revenue of $296.09 million for the quarter, compared to analysts’ expectations of $288.54 million. Upstart had a return on equity of 6.30% and a net margin of 5.13%.The business’s revenue was up 35.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.26 EPS. As a group, equities research analysts forecast that Upstart Holdings, Inc. will post -0.03 EPS for the current fiscal year.

Upstart declared that its board has approved a stock buyback plan on Thursday, February 19th that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the company to purchase up to 3.2% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board of directors believes its shares are undervalued.

Wall Street Analyst Weigh In

Several brokerages recently commented on UPST. Citigroup downgraded shares of Upstart from a “buy” rating to a “strong sell” rating in a report on Friday, February 13th. Piper Sandler reduced their price objective on Upstart from $80.00 to $56.00 and set an “overweight” rating for the company in a report on Wednesday, November 5th. Morgan Stanley set a $45.00 target price on Upstart in a research note on Wednesday, November 5th. Weiss Ratings reissued a “sell (d+)” rating on shares of Upstart in a report on Monday, December 29th. Finally, BTIG Research reaffirmed a “neutral” rating on shares of Upstart in a report on Wednesday, November 5th. Four investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $49.50.

Institutional Investors Weigh In On Upstart

Institutional investors have recently made changes to their positions in the stock. Clearstead Advisors LLC bought a new stake in shares of Upstart during the third quarter worth $25,000. Bayforest Capital Ltd bought a new position in shares of Upstart in the 4th quarter valued at $25,000. Quarry LP boosted its holdings in shares of Upstart by 749.2% during the 3rd quarter. Quarry LP now owns 501 shares of the company’s stock valued at $25,000 after acquiring an additional 442 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Upstart by 132.2% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 771 shares of the company’s stock worth $39,000 after acquiring an additional 439 shares during the last quarter. Finally, Empowered Funds LLC acquired a new position in Upstart in the 4th quarter worth about $40,000. 63.01% of the stock is currently owned by institutional investors.

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.