Upstart (NASDAQ:UPST) Insider Sells $59,688.88 in Stock

Upstart Holdings, Inc. (NASDAQ:UPST) insider Sanjay Datta sold 2,033 shares of the business’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $29.36, for a total transaction of $59,688.88. Following the transaction, the insider owned 311,523 shares in the company, valued at $9,146,315.28. The trade was a 0.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 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 transaction of $251,265.05.
• On Wednesday, August 19th, Sanjay Datta sold 10,000 shares of Upstart stock. The stock was sold at an average price of $31.46, for a total transaction of $314,600.00.
• 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 stock opened at $30.30 on Friday. Upstart Holdings, Inc. has a 1 year low of $23.97 and a 1 year high of $76.95. The firm has a market capitalization of $2.95 billion, a PE ratio of 61.84, a price-to-earnings-growth ratio of 1.02 and a beta of 2.29. The business has a 50 day simple moving average of $30.91 and a 200-day simple moving average of $30.30.

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

Hedge Funds Weigh In On Upstart

Several large investors have recently made changes to their positions in the stock. Bayforest Capital Ltd acquired a new stake in Upstart in the 4th quarter valued at approximately $25,000. Quarry LP raised its position in Upstart by 749.2% in the third quarter. Quarry LP now owns 501 shares of the company’s stock valued at $25,000 after purchasing an additional 442 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in Upstart by 132.2% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 771 shares of the company’s stock worth $39,000 after purchasing an additional 439 shares in the last quarter. Empowered Funds LLC purchased a new position in shares of Upstart during the fourth quarter worth $40,000. Finally, Bogart Wealth LLC purchased a new position in shares of Upstart during the fourth quarter worth $44,000. 63.01% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about 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

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. BTIG Research restated a “buy” rating and set a $43.00 price objective on shares of Upstart in a research report on Wednesday, August 5th. Mizuho set a $45.00 price target on shares of Upstart in a research report on Friday, May 8th. Weiss Ratings upgraded Upstart from a “sell (d)” rating to a “hold (c-)” rating in a research report on Monday. Wall Street Zen upgraded Upstart from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, Morgan Stanley set a $35.00 price target on Upstart in a research note on Thursday, May 7th. Eight equities research 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. According to MarketBeat, Upstart 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.