Natalia Mirgorodskaya Sells 586 Shares of Upstart (NASDAQ:UPST) Stock

Upstart Holdings, Inc. (NASDAQ:UPST) insider Natalia Mirgorodskaya sold 586 shares of Upstart stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $28.09, for a total value of $16,460.74. Following the transaction, the insider owned 36,788 shares in the company, valued at $1,033,374.92. This trade represents a 1.57% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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

• On Tuesday, May 26th, Natalia Mirgorodskaya sold 974 shares of Upstart stock. The shares were sold at an average price of $28.99, for a total value of $28,236.26.

Upstart Stock Performance

Shares of UPST stock opened at $30.30 on Friday. The company has a market capitalization of $2.95 billion, a P/E ratio of 61.84, a price-to-earnings-growth ratio of 1.07 and a beta of 2.29. The company’s 50 day moving average price is $30.91 and its two-hundred day moving average price is $30.30. 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 for the quarter, missing the consensus estimate of $0.18 by ($0.02). Upstart had a net margin of 4.84% and a return on equity of 7.13%. The company had revenue of $364.71 million during the quarter, compared to analyst estimates of $354.74 million. During the same quarter last year, the company earned $0.36 EPS. The firm’s quarterly revenue was up 41.9% compared to the same quarter last year. Analysts forecast that Upstart Holdings, Inc. will post 0.72 earnings per share for the current year.

Hedge Funds Weigh In On Upstart

Several institutional investors and hedge funds have recently modified their holdings of UPST. Jericho Capital Asset Management L.P. lifted its stake in shares of Upstart by 11.9% during the 4th quarter. Jericho Capital Asset Management L.P. now owns 5,011,809 shares of the company’s stock worth $219,166,000 after buying an additional 531,000 shares during the last quarter. Morgan Stanley raised its holdings in Upstart by 154.6% in the 4th quarter. Morgan Stanley now owns 4,206,615 shares of the company’s stock valued at $183,955,000 after acquiring an additional 2,554,591 shares during the period. Geode Capital Management LLC raised its holdings in Upstart by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 2,068,515 shares of the company’s stock valued at $90,469,000 after acquiring an additional 26,734 shares during the period. Halter Ferguson Financial Inc. lifted its position in Upstart by 253.3% during the first quarter. Halter Ferguson Financial Inc. now owns 1,467,360 shares of the company’s stock worth $37,638,000 after acquiring an additional 1,052,039 shares during the last quarter. Finally, Norges Bank acquired a new stake in Upstart during the fourth quarter worth approximately $49,915,000. 63.01% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on UPST shares. Citigroup reduced their price objective on Upstart from $80.00 to $61.00 and set a “buy” rating for the company in a research report on Wednesday, July 22nd. Jefferies Financial Group reiterated a “hold” rating and issued a $30.00 price target on shares of Upstart in a research note on Tuesday, June 9th. Piper Sandler upped their price objective on Upstart from $46.00 to $51.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 5th. Morgan Stanley set a $35.00 target price on shares of Upstart in a research note on Thursday, May 7th. Finally, BTIG Research reissued a “buy” rating and set a $43.00 price target on shares of Upstart in a research report on Wednesday, August 5th. Eight analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $44.40.

Upstart News Roundup

Here are the key news stories impacting Upstart this week:

• Positive Sentiment: Planned Upstart Bank is the main bullish catalyst. CEO Paul Gu said Upstart expects to launch Upstart Bank early next year as part of the company’s “second leg” of development. Management believes the bank could improve access to funding, increase control over loan origination, and support expansion into secured products such as home and auto lending. Upstart Is Up After Announcing Plans to Launch Upstart Bank
• Positive Sentiment: Some analysts see meaningful upside. A recent analysis estimated that UPST could be approximately 28% undervalued if management can make its AI lending platform consistently profitable and successfully broaden into secured credit. The company’s consensus price target of $44.40 also remains above recent trading levels, although the average rating is “Hold.” Upstart Could Be 28% Undervalued
• Neutral Sentiment: Recent insider sales appear primarily tax-related. Sanjay Datta sold 10,000 shares for approximately $314,600 on August 19 and another 8,945 shares for about $251,265 on August 20. Natalia Mirgorodskaya sold 586 shares for approximately $16,461, while CFO Andrea Blankmeyer also reported August sales. The filings state that the transactions covered tax withholding obligations tied to vested equity awards, making them a weaker bearish signal; the executives retained significant holdings. SEC Insider Trading Filing
• Negative Sentiment: Profitability and valuation remain risks. Upstart’s latest quarterly EPS of $0.16 missed the $0.18 consensus estimate, despite revenue growing 41.9% year over year to $364.71 million. With a relatively high earnings multiple and recent share-price weakness, investors may remain cautious until the bank strategy produces sustained profits. Why Upstart Stock Slid

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.