Sanjay Datta Sells 10,000 Shares of Upstart (NASDAQ:UPST) Stock

Upstart Holdings, Inc. (NASDAQ:UPST) insider Sanjay Datta sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $31.46, for a total value of $314,600.00. Following the sale, the insider owned 301,523 shares of the company’s stock, valued at approximately $9,485,913.58. This represents a 3.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sanjay Datta also recently made the following trade(s):

• On Thursday, August 20th, Sanjay Datta sold 8,945 shares of Upstart stock. The shares were sold at an average price of $28.09, for a total value of $251,265.05.
• On Monday, August 17th, Sanjay Datta sold 2,033 shares of Upstart stock. The stock was sold at an average price of $29.36, for a total value of $59,688.88.
• On Tuesday, June 9th, Sanjay Datta sold 15,000 shares of Upstart stock. The stock was sold at an average price of $30.41, for a total value of $456,150.00.

Upstart Price Performance

UPST opened at $30.30 on Friday. The business has a fifty day simple moving average of $30.91 and a 200 day simple moving average of $30.30. The company has a market capitalization of $2.95 billion, a PE ratio of 61.84, a price-to-earnings-growth ratio of 1.07 and a beta of 2.29. Upstart Holdings, Inc. has a 1 year low of $23.97 and a 1 year high of $76.95.

Upstart (NASDAQ:UPST) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.02). The firm had revenue of $364.71 million during the quarter, compared to analyst estimates of $354.74 million. Upstart had a net margin of 4.84% and a return on equity of 7.13%. The business’s quarterly revenue was up 41.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.36 earnings per share. Equities analysts anticipate that Upstart Holdings, Inc. will post 0.72 earnings per share for the current fiscal year.

Key Headlines Impacting Upstart

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

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. EMC Capital Management bought a new stake in Upstart during the second quarter worth $234,000. Headlands Technologies LLC boosted its holdings in shares of Upstart by 42.5% in the 2nd quarter. Headlands Technologies LLC now owns 113,300 shares of the company’s stock valued at $4,014,000 after purchasing an additional 33,799 shares in the last quarter. Two Sigma Securities LLC bought a new position in shares of Upstart in the 2nd quarter valued at $255,000. Beacon Pointe Advisors LLC bought a new position in shares of Upstart in the 2nd quarter valued at $298,000. Finally, Orion Capital Management LLC acquired a new position in shares of Upstart during the 2nd quarter worth $96,000. 63.01% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. BTIG Research reaffirmed a “buy” rating and set a $43.00 price target on shares of Upstart in a research report on Wednesday, August 5th. Citigroup cut their price objective on shares of Upstart from $80.00 to $61.00 and set a “buy” rating for the company in a report on Wednesday, July 22nd. Weiss Ratings raised shares of Upstart from a “sell (d)” rating to a “hold (c-)” rating in a report on Monday, August 17th. Truist Financial set a $40.00 price target on shares of Upstart in a research report on Wednesday, May 6th. Finally, Needham & Company LLC boosted their price target on Upstart from $40.00 to $42.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Eight equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $44.40.

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.