Upstart Holdings, Inc. (NASDAQ:UPST – Get Free Report) insider Natalia Mirgorodskaya sold 913 shares of the stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $30.03, for a total value of $27,417.39. Following the completion of the transaction, the insider owned 35,875 shares of the company’s stock, valued at $1,077,326.25. This represents a 2.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Natalia Mirgorodskaya also recently made the following trade(s):
- On Thursday, August 20th, Natalia Mirgorodskaya sold 586 shares of Upstart stock. The shares were sold at an average price of $28.09, for a total value of $16,460.74.
Upstart Stock Performance
Shares of NASDAQ:UPST traded down $0.01 during midday trading on Thursday, hitting $30.46. 2,844,436 shares of the stock were exchanged, compared to its average volume of 4,757,324. The business’s 50-day moving average price is $30.83 and its 200 day moving average price is $30.09. Upstart Holdings, Inc. has a 12 month low of $23.97 and a 12 month high of $76.95. The stock has a market capitalization of $2.96 billion, a price-to-earnings ratio of 62.16, a P/E/G ratio of 1.08 and a beta of 2.29.
Institutional Trading of Upstart
A number of large investors have recently bought and sold shares of the business. Quarry LP lifted its stake in shares of Upstart by 749.2% in the 3rd 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. grew 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 during the period. Empowered Funds LLC bought a new stake in Upstart in the fourth quarter worth approximately $40,000. Bogart Wealth LLC bought a new stake in Upstart in the fourth quarter worth approximately $44,000. Finally, Geneos Wealth Management Inc. increased its holdings in Upstart by 274.4% in the first quarter. Geneos Wealth Management Inc. now owns 1,842 shares of the company’s stock worth $47,000 after purchasing an additional 1,350 shares in the last quarter. 63.01% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
UPST has been the topic of a number of recent research reports. Mizuho set a $45.00 price target on shares of Upstart in a report on Friday, May 8th. Truist Financial set a $40.00 target price on Upstart in a research report on Wednesday, May 6th. Morgan Stanley set a $35.00 target price on Upstart in a report on Thursday, May 7th. The Goldman Sachs Group upped their price target on Upstart from $32.00 to $39.00 and gave the company a “neutral” rating in a research report on Thursday, July 9th. Finally, BTIG Research reissued a “buy” rating and issued a $43.00 price target on shares of Upstart in a research note on Wednesday, August 5th. Eight research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Upstart has a consensus rating of “Hold” and a consensus price target of $44.40.
Read Our Latest Stock Report on Upstart
Upstart Company Profile
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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