KADENSA CAPITAL Ltd Has $23.12 Million Stake in Upstart Holdings, Inc. $UPST

KADENSA CAPITAL Ltd boosted its position in shares of Upstart Holdings, Inc. (NASDAQ:UPST) by 54.8% during the 3rd quarter, HoldingsChannel reports. The firm owned 455,150 shares of the company’s stock after buying an additional 161,119 shares during the quarter. Upstart accounts for 2.4% of KADENSA CAPITAL Ltd’s investment portfolio, making the stock its 15th biggest holding. KADENSA CAPITAL Ltd’s holdings in Upstart were worth $23,122,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in UPST. Clearstead Advisors LLC acquired a new stake in shares of Upstart in the third quarter worth $25,000. Steward Partners Investment Advisory LLC raised its position in Upstart by 72.1% during the second quarter. Steward Partners Investment Advisory LLC now owns 864 shares of the company’s stock valued at $56,000 after buying an additional 362 shares during the period. State of Wyoming acquired a new position in Upstart during the second quarter valued at $61,000. Cornerstone Planning Group LLC lifted its stake in Upstart by 9,454.5% in the 3rd quarter. Cornerstone Planning Group LLC now owns 1,051 shares of the company’s stock worth $49,000 after acquiring an additional 1,040 shares in the last quarter. Finally, Daiwa Securities Group Inc. lifted its stake in Upstart by 29.1% in the 2nd quarter. Daiwa Securities Group Inc. now owns 1,068 shares of the company’s stock worth $69,000 after acquiring an additional 241 shares in the last quarter. 63.01% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CFO Sanjay Datta sold 7,982 shares of the stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $29.86, for a total value of $238,342.52. Following the transaction, the chief financial officer owned 276,688 shares in the company, valued at approximately $8,261,903.68. This represents a 2.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders sold a total of 9,481 shares of company stock valued at $282,201 in the last 90 days. Corporate insiders own 16.67% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on UPST. Truist Financial lowered their target price on Upstart from $59.00 to $49.00 and set a “buy” rating on the stock in a research note on Wednesday, February 11th. Weiss Ratings reissued a “sell (d+)” rating on shares of Upstart in a research report on Monday, December 29th. Citizens Jmp restated a “market underperform” rating and set a $20.00 price target on shares of Upstart in a report on Friday, February 13th. Needham & Company LLC reaffirmed a “buy” rating and set a $40.00 price objective on shares of Upstart in a research report on Wednesday, March 11th. Finally, The Goldman Sachs Group upgraded shares of Upstart from a “sell” rating to a “neutral” rating and dropped their price objective for the company from $44.00 to $35.00 in a research note on Friday, February 13th. Four investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $48.17.

Upstart Price Performance

Shares of NASDAQ UPST opened at $26.36 on Monday. Upstart Holdings, Inc. has a one year low of $25.60 and a one year high of $87.30. The business’s 50-day moving average price is $37.28 and its two-hundred day moving average price is $46.10. The company has a market capitalization of $2.58 billion, a P/E ratio of 62.76, a price-to-earnings-growth ratio of 0.68 and a beta of 2.44.

Upstart (NASDAQ:UPST) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.02. The company had revenue of $296.09 million during the quarter, compared to the consensus estimate of $288.54 million. Upstart had a return on equity of 6.30% and a net margin of 5.13%.The business’s quarterly revenue was up 35.2% on a year-over-year basis. During the same period last year, the business earned $0.26 EPS. On average, equities analysts anticipate that Upstart Holdings, Inc. will post -0.03 EPS for the current year.

Upstart announced that its board has approved a stock buyback program on Thursday, February 19th that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the company to purchase up to 3.2% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s leadership believes its stock is undervalued.

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.