Upstart Holdings, Inc. (NASDAQ:UPST – Get Free Report) CEO Paul Gu acquired 50,000 shares of the stock in a transaction that occurred on Wednesday, May 13th. The stock was purchased at an average cost of $27.50 per share, with a total value of $1,375,000.00. Following the completion of the acquisition, the chief executive officer owned 70,000 shares of the company’s stock, valued at $1,925,000. The trade was a 250.00% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Upstart Stock Down 0.7%
Shares of Upstart stock opened at $29.51 on Friday. The firm has a market cap of $2.82 billion, a P/E ratio of 77.66, a P/E/G ratio of 0.80 and a beta of 2.26. Upstart Holdings, Inc. has a fifty-two week low of $23.97 and a fifty-two week high of $87.30. The business has a 50-day moving average price of $28.70 and a 200 day moving average price of $37.18.
Upstart (NASDAQ:UPST – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.46). The firm 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 5.63%. The firm’s quarterly revenue was up 44.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.30 earnings per share. As a group, equities research analysts anticipate that Upstart Holdings, Inc. will post 0.92 earnings per share for the current year.
Upstart News Summary
Here are the key news stories impacting Upstart this week:
- Positive Sentiment: CEO Paul Gu bought 50,000 shares at $27.50 each, a sizable insider purchase that investors may see as a sign of confidence in Upstart’s outlook. Insider trade disclosure
- Positive Sentiment: MarketBeat’s coverage notes that UPST remains a heavily watched stock with meaningful upside implied by consensus price targets, which can help sustain trading interest. Average Hold rating article
- Neutral Sentiment: Analyst sentiment is split, with the stock carrying an average “Hold” rating and a consensus target above the current share price, suggesting investors are still debating the turnaround story. Price target decreased article
- Negative Sentiment: Multiple law firms announced or reiterated class-action claims tied to alleged securities-law violations for shares purchased between May 14, 2025 and November 4, 2025, increasing legal uncertainty and potential costs for Upstart. Pomerantz class action filing
Wall Street Analyst Weigh In
UPST has been the subject of several recent research reports. The Goldman Sachs Group raised Upstart from a “sell” rating to a “neutral” rating and lowered their target price for the company from $44.00 to $35.00 in a report on Friday, February 13th. Piper Sandler lowered their target price on Upstart from $56.00 to $46.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. BTIG Research reaffirmed a “buy” rating and set a $43.00 target price on shares of Upstart in a report on Wednesday, May 6th. Citizens Jmp reaffirmed a “market underperform” rating and set a $20.00 target price on shares of Upstart in a report on Friday, February 13th. Finally, Citigroup lowered Upstart from a “buy” rating to a “strong sell” rating in a report on Friday, February 13th. Seven analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, Upstart presently has a consensus rating of “Hold” and an average target price of $45.79.
Check Out Our Latest Stock Report on UPST
Hedge Funds Weigh In On Upstart
Several institutional investors have recently made changes to their positions in the stock. Jericho Capital Asset Management L.P. boosted its position in shares of Upstart by 11.9% during the fourth quarter. Jericho Capital Asset Management L.P. now owns 5,011,809 shares of the company’s stock worth $219,166,000 after buying an additional 531,000 shares during the period. Morgan Stanley boosted its position in shares of Upstart by 154.6% during the fourth quarter. Morgan Stanley now owns 4,206,615 shares of the company’s stock worth $183,955,000 after buying an additional 2,554,591 shares during the period. Geode Capital Management LLC boosted its position in shares of Upstart by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 2,068,515 shares of the company’s stock worth $90,469,000 after buying an additional 26,734 shares during the period. Halter Ferguson Financial Inc. boosted its position in shares of Upstart by 253.3% during the first quarter. Halter Ferguson Financial Inc. now owns 1,467,360 shares of the company’s stock worth $37,638,000 after buying an additional 1,052,039 shares during the period. Finally, Norges Bank acquired a new position in shares of Upstart during the fourth quarter worth approximately $49,915,000. 63.01% of the stock is owned by institutional investors.
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.
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