Upstart (NASDAQ:UPST) Insider Natalia Mirgorodskaya Sells 762 Shares

Upstart Holdings, Inc. (NASDAQ:UPST) insider Natalia Mirgorodskaya sold 762 shares of the firm’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $38.91, for a total transaction of $29,649.42. Following the completion of the sale, the insider owned 26,398 shares in the company, valued at $1,027,146.18. This represents a 2.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Thursday, November 20th, Natalia Mirgorodskaya sold 821 shares of Upstart stock. The shares were sold at an average price of $36.62, for a total transaction of $30,065.02.
• On Tuesday, September 2nd, Natalia Mirgorodskaya sold 1,439 shares of Upstart stock. The stock was sold at an average price of $69.21, for a total value of $99,593.19.

Upstart Trading Up 0.7%

UPST traded up $0.29 on Thursday, hitting $42.06. 4,146,969 shares of the stock traded hands, compared to its average volume of 7,548,912. The business has a fifty day moving average price of $48.31 and a two-hundred day moving average price of $58.99. The firm has a market capitalization of $4.09 billion, a PE ratio of 191.19 and a beta of 2.26. Upstart Holdings, Inc. has a 52 week low of $31.40 and a 52 week high of $96.43.

Upstart (NASDAQ:UPST) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.10. The company had revenue of $258.54 million during the quarter, compared to the consensus estimate of $288.94 million. Upstart had a return on equity of 3.68% and a net margin of 3.33%.The company’s quarterly revenue was up 70.9% on a year-over-year basis. During the same quarter last year, the company earned ($0.07) EPS. Upstart has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. On average, equities research analysts forecast that Upstart Holdings, Inc. will post -0.03 EPS for the current fiscal year.

Institutional Trading of Upstart

Large investors have recently added to or reduced their stakes in the company. Cresset Asset Management LLC raised its stake in shares of Upstart by 3.3% in the second quarter. Cresset Asset Management LLC now owns 5,241 shares of the company’s stock valued at $339,000 after acquiring an additional 169 shares during the last quarter. Jennison Associates LLC raised its position in Upstart by 1.8% in the 2nd quarter. Jennison Associates LLC now owns 11,382 shares of the company’s stock valued at $736,000 after purchasing an additional 205 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in Upstart by 3.0% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 7,448 shares of the company’s stock worth $386,000 after purchasing an additional 218 shares in the last quarter. Daiwa Securities Group Inc. grew its holdings in shares of Upstart by 29.1% during the second quarter. Daiwa Securities Group Inc. now owns 1,068 shares of the company’s stock worth $69,000 after purchasing an additional 241 shares during the last quarter. Finally, Advisory Services Network LLC increased its stake in shares of Upstart by 5.3% in the second quarter. Advisory Services Network LLC now owns 5,399 shares of the company’s stock valued at $349,000 after buying an additional 272 shares in the last quarter. 63.01% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms have weighed in on UPST. The Goldman Sachs Group reiterated a “sell” rating and set a $40.00 price target on shares of Upstart in a research note on Thursday, November 6th. Weiss Ratings downgraded shares of Upstart from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday. Bank of America lowered their target price on shares of Upstart from $81.00 to $71.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 5th. Morgan Stanley set a $45.00 price target on shares of Upstart in a research report on Wednesday, November 5th. Finally, Citigroup decreased their price objective on Upstart from $100.00 to $80.00 and set a “buy” rating on the stock in a report on Wednesday, November 5th. Six analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $64.58.

About Upstart

Upstart Holdings, Inc, together with its subsidiaries, operates a cloud-based artificial intelligence (AI) lending platform in the United States. Its platform includes personal loans, automotive retail and refinance loans, home equity lines of credit, and small dollar loans that connects consumer demand for loans to its to bank and credit unions.