Maxi Investments CY Ltd Takes $8.46 Million Position in Upstart Holdings, Inc. $UPST

Maxi Investments CY Ltd bought a new stake in shares of Upstart Holdings, Inc. (NASDAQ:UPST) during the 4th quarter, HoldingsChannel.com reports. The firm bought 193,400 shares of the company’s stock, valued at approximately $8,457,000. Upstart comprises approximately 1.5% of Maxi Investments CY Ltd’s portfolio, making the stock its 16th largest holding.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Jericho Capital Asset Management L.P. lifted its stake in Upstart by 22.6% during the third quarter. Jericho Capital Asset Management L.P. now owns 4,480,809 shares of the company’s stock worth $227,625,000 after purchasing an additional 826,974 shares during the period. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in Upstart by 31.5% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 971,856 shares of the company’s stock valued at $49,370,000 after purchasing an additional 232,595 shares in the last quarter. Voloridge Investment Management LLC grew its stake in shares of Upstart by 79.8% in the 3rd quarter. Voloridge Investment Management LLC now owns 970,306 shares of the company’s stock valued at $49,292,000 after purchasing an additional 430,535 shares during the period. Baillie Gifford & Co. acquired a new position in shares of Upstart in the 4th quarter worth approximately $33,188,000. Finally, Clear Street Group Inc. acquired a new position in shares of Upstart in the 3rd quarter worth approximately $29,018,000. Institutional investors own 63.01% of the company’s stock.

Upstart Price Performance

NASDAQ UPST opened at $29.00 on Friday. The firm has a market cap of $2.78 billion, a PE ratio of 76.32, a price-to-earnings-growth ratio of 0.81 and a beta of 2.26. Upstart Holdings, Inc. has a one year low of $23.97 and a one year high of $87.30. The stock’s 50 day simple moving average is $28.67 and its 200 day simple moving average is $38.04.

Upstart (NASDAQ:UPST) last issued its quarterly earnings data on Tuesday, May 5th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.46). The business had revenue of $308.21 million during 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 5.58%. The company’s revenue for the quarter was up 44.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.30 EPS. As a group, equities analysts expect that Upstart Holdings, Inc. will post 0.94 earnings per share for the current year.

Upstart announced that its Board of Directors has authorized a share repurchase plan on Thursday, February 19th that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the company to buy up to 3.2% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board of directors believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Zacks Research raised Upstart from a “strong sell” rating to a “hold” rating in a research note on Monday, April 13th. Compass Point raised Upstart from a “sell” rating to a “neutral” rating and lifted their price objective for the company from $20.00 to $30.00 in a report on Tuesday, February 17th. Morgan Stanley set a $35.00 target price on shares of Upstart in a research note on Thursday. Citigroup lowered shares of Upstart from a “buy” rating to a “strong sell” rating in a report on Friday, February 13th. Finally, Citizens Jmp reiterated a “market underperform” rating and set a $20.00 target price on shares of Upstart in a research report on Friday, February 13th. Seven analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, Upstart currently has a consensus rating of “Hold” and an average target price of $46.27.

Upstart News Roundup

Here are the key news stories impacting Upstart this week:

• Positive Sentiment: Upstart expanded its funding and distribution reach via a forward?flow agreement and partner deals (including Justice Federal Credit Union) that can support originations and growth — a tangible liquidity win for scaling originations. Yahoo Markets
• Positive Sentiment: Management will remain visible to investors: Upstart’s co?founder & CEO is scheduled for a fireside chat at the J.P. Morgan TMC Conference, offering a forum to reiterate strategy on AI lending, bank charter efforts, and product expansion. BusinessWire
• Neutral Sentiment: Analysts remain mixed: BTIG reaffirmed a Buy rating, which supports upside narratives, while other firms adjusted targets (see below). These differentiated views keep trading volatile but attract both buyers and short?term traders. AmericanBankingNews
• Neutral Sentiment: Q1 showed strong revenue and originations growth but an EPS/EBITDA miss — revenue beat but EPS missed consensus — producing a cautious “buyers step back” reaction (mixed fundamentals). Benzinga
• Negative Sentiment: Multiple securities law firms have announced class action suits and client solicitations alleging violations tied to Upstart’s disclosures (class period cited May 14, 2025–Nov 4, 2025). Consolidated litigation risk and related legal costs are likely to weigh on sentiment until resolved. Pomerantz / PR Newswire
• Negative Sentiment: Several firms cut price targets after the Q1 results (Piper Sandler to $46, Needham to $37, B. Riley trimmed to $54) and Piper highlighted an EBITDA shortfall — analyst downticks and the EBITDA miss amplified selling pressure after the print. 247WallSt (Piper)

Insider Activity

In related news, CFO Sanjay Datta sold 7,982 shares of Upstart stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $29.86, for a total value of $238,342.52. Following the completion of the transaction, the chief financial officer directly owned 276,688 shares of the company’s stock, valued at $8,261,903.68. The trade was a 2.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders sold 9,481 shares of company stock valued at $282,201 over the last three months. Insiders own 16.67% of the company’s stock.

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.