Natalia Mirgorodskaya Sells 913 Shares of Upstart (NASDAQ:UPST) Stock

Upstart Holdings, Inc. (NASDAQ:UPST) insider Natalia Mirgorodskaya sold 913 shares of the business’s stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $30.03, for a total transaction of $27,417.39. Following the transaction, the insider owned 35,875 shares in the company, valued at $1,077,326.25. This trade represents a 2.48% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Thursday, August 20th, Natalia Mirgorodskaya sold 586 shares of Upstart stock. The shares were sold at an average price of $28.09, for a total transaction of $16,460.74.

Upstart Trading Down 4.5%

Upstart stock opened at $29.08 on Friday. The firm has a 50-day moving average price of $30.72 and a 200-day moving average price of $30.03. The firm has a market capitalization of $2.83 billion, a PE ratio of 59.35, a price-to-earnings-growth ratio of 1.07 and a beta of 2.29. Upstart Holdings, Inc. has a 12-month low of $23.97 and a 12-month high of $76.95.

Upstart (NASDAQ:UPST) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $0.16 EPS 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 firm had revenue of $364.71 million for the quarter, compared to the consensus estimate of $354.74 million. During the same quarter in the previous year, the company posted $0.36 earnings per share. The business’s revenue for the quarter was up 41.9% on a year-over-year basis. As a group, sell-side analysts predict that Upstart Holdings, Inc. will post 0.72 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Upstart

Several hedge funds have recently made changes to their positions in UPST. California State Teachers Retirement System grew its position in shares of Upstart by 3,247.5% during the 2nd quarter. California State Teachers Retirement System now owns 3,370,739 shares of the company’s stock worth $119,425,000 after buying an additional 3,270,046 shares in the last quarter. Morgan Stanley raised its holdings in shares of Upstart by 154.6% in the fourth 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 in the last quarter. Norges Bank bought a new stake in shares of Upstart in the fourth quarter valued at about $49,915,000. Halter Ferguson Financial Inc. lifted its stake in Upstart by 253.3% in 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 period. Finally, Azora Capital LP purchased a new stake in Upstart in the fourth quarter worth about $38,580,000. 63.01% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. B. Riley Financial decreased their price target on Upstart from $66.00 to $54.00 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 report on Friday, May 8th. Morgan Stanley set a $35.00 target price on Upstart in a research note on Thursday, May 7th. The Goldman Sachs Group lifted their target price on Upstart from $32.00 to $39.00 and gave the stock a “neutral” rating in a research report on Thursday, July 9th. Finally, Piper Sandler boosted their target price on shares of Upstart from $46.00 to $51.00 and gave the company an “overweight” rating in a research note on Wednesday, August 5th. Eight investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $44.40.

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.