Upstart (NASDAQ:UPST) Insider Natalia Mirgorodskaya Sells 526 Shares of Stock

Upstart Holdings, Inc. (NASDAQ:UPST) insider Natalia Mirgorodskaya sold 526 shares of the stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $28.77, for a total value of $15,133.02. Following the transaction, the insider directly owned 38,348 shares of the company’s stock, valued at approximately $1,103,271.96. The trade was a 1.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 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 Wednesday, February 25th, Natalia Mirgorodskaya sold 866 shares of Upstart stock. The shares were sold at an average price of $28.79, for a total value of $24,932.14.

Upstart Trading Down 1.0%

Shares of Upstart stock opened at $28.56 on Friday. The stock has a 50 day moving average of $28.75 and a 200 day moving average of $36.46. Upstart Holdings, Inc. has a 12 month low of $23.97 and a 12 month high of $87.30. The firm has a market cap of $2.73 billion, a PE ratio of 75.16, a PEG ratio of 0.77 and a beta of 2.26.

Upstart (NASDAQ:UPST) last announced its quarterly earnings results on Tuesday, May 5th. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.46). The firm had revenue of $308.21 million for the quarter, compared to the consensus estimate of $301.30 million. Upstart had a net margin of 4.34% and a return on equity of 5.63%. Upstart’s quarterly revenue was up 44.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.30 earnings per share. As a group, equities research analysts forecast that Upstart Holdings, Inc. will post 0.92 earnings per share for the current fiscal year.

Upstart announced that its board has initiated a stock repurchase plan on Thursday, February 19th that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the company to purchase up to 3.2% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board of directors believes its shares are undervalued.

Institutional Investors Weigh In On Upstart

A number of institutional investors and hedge funds have recently modified their holdings of UPST. Clearstead Advisors LLC bought a new stake in shares of Upstart during the 3rd quarter worth approximately $25,000. Bayforest Capital Ltd bought a new stake in shares of Upstart during the 4th quarter worth approximately $25,000. Quarry LP lifted its stake in shares of Upstart by 749.2% during the 3rd quarter. Quarry LP now owns 501 shares of the company’s stock worth $25,000 after acquiring an additional 442 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of 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 bought a new stake in shares of Upstart during the 4th quarter worth approximately $40,000. 63.01% of the stock is owned by institutional investors.

Key Headlines Impacting Upstart

Here are the key news stories impacting Upstart this week:

• Negative Sentiment: Several law firms, including Faruqi & Faruqi, The Schall Law Firm, Rosen, Robbins, Pomerantz, Bronstein Gewirtz & Grossman, Bernstein Liebhard, SueWallSt, and Bragar Eagel & Squire, issued reminders or alerts about the ongoing Upstart securities fraud class action and the approaching June 8 deadline. Article Title
• Negative Sentiment: Pomerantz and other firms said the lawsuit was filed on behalf of investors who bought Upstart shares during the class period, alleging harm from the company’s disclosures and naming certain officers as defendants. Article Title
• Negative Sentiment: More legal follow-through from investor-rights firms suggests the litigation remains active and could keep sentiment cautious around Upstart in the near term. Article Title
• Neutral Sentiment: Upstart also announced upcoming fireside chats for its CFO and CEO at the Mizuho Technology Conference and Morgan Stanley U.S. Financials Conference, which could provide a near-term update on strategy and fundamentals. Article Title
• Neutral Sentiment: A commentary piece argued Upstart still has an AI-lending “moonshot” case, noting elevated short interest and ongoing debate over the company’s growth outlook. Article Title

Analyst Ratings Changes

UPST has been the subject of several analyst reports. Needham & Company LLC lowered their price objective on Upstart from $40.00 to $37.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Mizuho set a $45.00 price objective on Upstart in a research note on Friday, May 8th. Weiss Ratings lowered Upstart from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday, May 6th. B. Riley Financial lowered their price objective on Upstart from $66.00 to $54.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Finally, Piper Sandler lowered their price objective on Upstart from $56.00 to $46.00 and set an “overweight” rating for the company in a research note on Wednesday, May 6th. Seven investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $45.79.

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.