Upstart Holdings, Inc. (NASDAQ:UPST) General Counsel Alison Nicoll Sells 7,500 Shares of Stock

Upstart Holdings, Inc. (NASDAQ:UPST) General Counsel Alison Nicoll sold 7,500 shares of Upstart stock in a transaction that occurred on Wednesday, January 12th. The stock was sold at an average price of $121.74, for a total value of $913,050.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Alison Nicoll also recently made the following trade(s):

  • On Wednesday, January 5th, Alison Nicoll sold 7,500 shares of Upstart stock. The shares were sold at an average price of $132.75, for a total transaction of $995,625.00.
  • On Wednesday, December 29th, Alison Nicoll sold 7,500 shares of Upstart stock. The stock was sold at an average price of $146.41, for a total transaction of $1,098,075.00.
  • On Wednesday, December 22nd, Alison Nicoll sold 7,500 shares of Upstart stock. The stock was sold at an average price of $145.88, for a total transaction of $1,094,100.00.
  • On Wednesday, December 15th, Alison Nicoll sold 7,500 shares of Upstart stock. The stock was sold at an average price of $146.24, for a total value of $1,096,800.00.
  • On Wednesday, December 8th, Alison Nicoll sold 7,500 shares of Upstart stock. The shares were sold at an average price of $191.83, for a total value of $1,438,725.00.
  • On Wednesday, December 1st, Alison Nicoll sold 7,500 shares of Upstart stock. The stock was sold at an average price of $194.21, for a total value of $1,456,575.00.
  • On Wednesday, November 24th, Alison Nicoll sold 7,500 shares of Upstart stock. The shares were sold at an average price of $203.73, for a total transaction of $1,527,975.00.
  • On Wednesday, November 17th, Alison Nicoll sold 12,500 shares of Upstart stock. The shares were sold at an average price of $238.47, for a total transaction of $2,980,875.00.
  • On Wednesday, October 27th, Alison Nicoll sold 22,500 shares of Upstart stock. The stock was sold at an average price of $320.78, for a total value of $7,217,550.00.
  • On Wednesday, October 20th, Alison Nicoll sold 22,500 shares of Upstart stock. The shares were sold at an average price of $359.87, for a total transaction of $8,097,075.00.

UPST opened at $111.11 on Friday. The business’s 50 day moving average is $177.18 and its 200-day moving average is $213.87. The stock has a market cap of $9.11 billion and a PE ratio of 138.89. Upstart Holdings, Inc. has a twelve month low of $42.51 and a twelve month high of $401.49.

Upstart (NASDAQ:UPST) last announced its earnings results on Tuesday, November 9th. The company reported $0.60 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.39. Upstart had a return on equity of 15.32% and a net margin of 12.30%. The firm had revenue of $228.45 million for the quarter, compared to analysts’ expectations of $213.46 million. On average, equities analysts forecast that Upstart Holdings, Inc. will post 0.98 earnings per share for the current fiscal year.

UPST has been the subject of a number of research reports. Wedbush assumed coverage on shares of Upstart in a research report on Wednesday, December 22nd. They set a “neutral” rating and a $160.00 price target for the company. Jefferies Financial Group lowered Upstart from a “buy” rating to a “hold” rating and increased their target price for the company from $160.00 to $330.00 in a research note on Tuesday, October 26th. JMP Securities reduced their price target on Upstart from $327.00 to $315.00 and set a “market outperform” rating on the stock in a research report on Monday, November 15th. Barclays increased their price objective on shares of Upstart from $230.00 to $345.00 and gave the company an “overweight” rating in a research report on Monday, September 20th. Finally, Bank of America cut shares of Upstart from a “neutral” rating to an “underperform” rating and set a $300.00 target price on the stock. in a research report on Monday, October 18th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $271.36.

Large investors have recently made changes to their positions in the stock. Advisor Group Holdings Inc. raised its holdings in Upstart by 74.4% during the third quarter. Advisor Group Holdings Inc. now owns 28,046 shares of the company’s stock worth $8,866,000 after purchasing an additional 11,964 shares in the last quarter. Credit Suisse AG bought a new stake in Upstart during the second quarter worth approximately $8,866,000. Legal & General Group Plc raised its holdings in Upstart by 791.1% during the second quarter. Legal & General Group Plc now owns 9,392 shares of the company’s stock worth $1,173,000 after purchasing an additional 8,338 shares in the last quarter. First Bancorp Inc ME bought a new position in shares of Upstart in the third quarter valued at $334,000. Finally, BlackRock Inc. increased its holdings in shares of Upstart by 3.6% in the second quarter. BlackRock Inc. now owns 613,850 shares of the company’s stock valued at $76,672,000 after buying an additional 21,256 shares in the last quarter. 51.49% of the stock is currently owned by hedge funds and other institutional investors.

Upstart Company Profile

Upstart Holdings, Inc operates a cloud- based artificial intelligence (AI) lending platform. The company's platform aggregates consumer demand for loans and connects it to its network of the company's AI- enabled bank partners. Its platform connects consumers, banks, and institutional investors through a shared AI lending platform.

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