Upstart Holdings, Inc. $UPST Shares Sold by Liontrust Investment Partners LLP

Liontrust Investment Partners LLP reduced its position in Upstart Holdings, Inc. (NASDAQ:UPSTFree Report) by 27.3% in the 1st quarter, Holdings Channel reports. The institutional investor owned 52,013 shares of the company’s stock after selling 19,511 shares during the period. Liontrust Investment Partners LLP’s holdings in Upstart were worth $1,334,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Janus Henderson Group PLC lifted its holdings in Upstart by 15.1% during the 1st quarter. Janus Henderson Group PLC now owns 24,722 shares of the company’s stock worth $634,000 after buying an additional 3,241 shares during the last quarter. Altshuler Shaham Ltd grew its position in shares of Upstart by 40.0% in the 1st quarter. Altshuler Shaham Ltd now owns 37,800 shares of the company’s stock worth $970,000 after acquiring an additional 10,800 shares in the last quarter. California State Teachers Retirement System increased its holdings in shares of Upstart by 21.3% in the 1st quarter. California State Teachers Retirement System now owns 100,693 shares of the company’s stock valued at $2,583,000 after acquiring an additional 17,675 shares during the last quarter. Quantinno Capital Management LP increased its holdings in shares of Upstart by 30.9% in the 1st quarter. Quantinno Capital Management LP now owns 103,860 shares of the company’s stock valued at $2,664,000 after acquiring an additional 24,492 shares during the last quarter. Finally, Entropy Technologies LP acquired a new stake in shares of Upstart during the 1st quarter valued at approximately $384,000. Institutional investors and hedge funds own 63.01% of the company’s stock.

Insider Transactions at Upstart

In other news, Director Dave Girouard bought 170,240 shares of the firm’s stock in a transaction on Thursday, May 7th. The stock was purchased at an average price of $29.37 per share, for a total transaction of $4,999,948.80. Following the transaction, the director owned 8,512,941 shares in the company, valued at approximately $250,025,077.17. This trade represents a 2.04% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Paul Gu purchased 50,000 shares of the company’s stock in a transaction on Wednesday, May 13th. The stock was purchased at an average price of $27.50 per share, for a total transaction of $1,375,000.00. Following the purchase, the chief executive officer directly owned 70,000 shares of the company’s stock, valued at $1,925,000. This trade represents a 250.00% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have sold 33,346 shares of company stock worth $991,672 in the last quarter. 17.29% of the stock is currently owned by corporate insiders.

Upstart Stock Performance

Shares of UPST opened at $27.44 on Friday. The firm has a fifty day moving average of $31.30 and a 200-day moving average of $31.91. The company has a market cap of $2.63 billion, a price-to-earnings ratio of 72.21, a price-to-earnings-growth ratio of 0.72 and a beta of 2.26. Upstart Holdings, Inc. has a 1 year low of $23.97 and a 1 year high of $87.30.

Upstart (NASDAQ:UPSTGet Free Report) last released its quarterly earnings data on Tuesday, May 5th. The company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.46). The firm had revenue of $308.21 million during the quarter, compared to analyst estimates of $301.30 million. Upstart had a return on equity of 5.63% and a net margin of 4.34%.The firm’s revenue was up 44.3% on a year-over-year basis. During the same period last year, the business earned $0.30 EPS. Analysts predict that Upstart Holdings, Inc. will post 0.92 EPS for the current year.

Analysts Set New Price Targets

UPST has been the topic of several research analyst reports. Zacks Research upgraded Upstart from a “strong sell” rating to a “hold” rating in a research note on Monday, April 13th. Mizuho set a $45.00 target price on shares of Upstart in a research note on Friday, May 8th. Citigroup dropped their target price on shares of Upstart from $80.00 to $61.00 and set a “buy” rating on the stock in a report on Wednesday, July 22nd. The Goldman Sachs Group raised their price target on shares of Upstart from $32.00 to $39.00 and gave the stock a “neutral” rating in a research report on Thursday, July 9th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a $30.00 price target on shares of Upstart in a report on Tuesday, June 9th. Eight analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Upstart presently has an average rating of “Hold” and an average target price of $43.93.

Check Out Our Latest Research Report on UPST

Upstart Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding UPST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Upstart Holdings, Inc. (NASDAQ:UPSTFree Report).

Institutional Ownership by Quarter for Upstart (NASDAQ:UPST)

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