Upstart (NASDAQ:UPST) Insider Natalia Mirgorodskaya Sells 586 Shares of Stock

Upstart Holdings, Inc. (NASDAQ:UPST) insider Natalia Mirgorodskaya sold 586 shares of the business’s stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $28.09, for a total value of $16,460.74. Following the transaction, the insider owned 36,788 shares in the company, valued at approximately $1,033,374.92. This trade represents a 1.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Natalia Mirgorodskaya also recently made the following trade(s):

• On Tuesday, May 26th, Natalia Mirgorodskaya sold 974 shares of Upstart stock. The shares were sold at an average price of $28.99, for a total value of $28,236.26.

Upstart Stock Performance

Shares of NASDAQ UPST opened at $30.30 on Friday. The company has a market cap of $2.95 billion, a PE ratio of 61.84, a P/E/G ratio of 1.02 and a beta of 2.29. The business has a 50-day simple moving average of $30.91 and a two-hundred day simple moving average of $30.30. Upstart Holdings, Inc. has a fifty-two week low of $23.97 and a fifty-two week high of $76.95.

Upstart (NASDAQ:UPST) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.02). The company had revenue of $364.71 million for the quarter, compared to analyst estimates of $354.74 million. Upstart had a net margin of 4.84% and a return on equity of 7.13%. The business’s revenue was up 41.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.36 EPS. On average, sell-side analysts predict that Upstart Holdings, Inc. will post 0.72 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

UPST has been the subject of a number of research analyst reports. BTIG Research restated a “buy” rating and issued a $43.00 target price on shares of Upstart in a research note on Wednesday, August 5th. Morgan Stanley set a $35.00 target price on Upstart in a report on Thursday, May 7th. B. Riley Financial reduced their price target on shares of Upstart from $66.00 to $54.00 and set a “buy” rating for the company in a research report on Wednesday, May 6th. Citigroup cut their price objective on shares of Upstart from $80.00 to $61.00 and set a “buy” rating on the stock in a research note on Wednesday, July 22nd. Finally, Needham & Company LLC upped their price target on shares of Upstart from $40.00 to $42.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Eight analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $44.40.

Institutional Investors Weigh In On Upstart

A number of large investors have recently made changes to their positions in the stock. AQR Capital Management LLC increased its position in Upstart by 89.5% during the first quarter. AQR Capital Management LLC now owns 96,706 shares of the company’s stock worth $4,451,000 after purchasing an additional 45,664 shares during the last quarter. Integrated Wealth Concepts LLC lifted its stake in shares of Upstart by 13.8% in the 1st quarter. Integrated Wealth Concepts LLC now owns 4,628 shares of the company’s stock valued at $213,000 after purchasing an additional 563 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of Upstart by 20.0% during the 1st quarter. NewEdge Advisors LLC now owns 1,997 shares of the company’s stock worth $92,000 after purchasing an additional 333 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Upstart by 18.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 173,017 shares of the company’s stock valued at $7,964,000 after buying an additional 27,287 shares during the period. Finally, Acadian Asset Management LLC acquired a new stake in shares of Upstart during the first quarter valued at about $208,000. 63.01% of the stock is currently owned by hedge funds and other institutional investors.

Key Upstart News

Here are the key news stories impacting Upstart this week:

• Positive Sentiment: Planned Upstart Bank is the main bullish catalyst. CEO Paul Gu said Upstart expects to launch Upstart Bank early next year as part of the company’s “second leg” of development. Management believes the bank could improve access to funding, increase control over loan origination, and support expansion into secured products such as home and auto lending. Upstart Is Up After Announcing Plans to Launch Upstart Bank
• Positive Sentiment: Some analysts see meaningful upside. A recent analysis estimated that UPST could be approximately 28% undervalued if management can make its AI lending platform consistently profitable and successfully broaden into secured credit. The company’s consensus price target of $44.40 also remains above recent trading levels, although the average rating is “Hold.” Upstart Could Be 28% Undervalued
• Neutral Sentiment: Recent insider sales appear primarily tax-related. Sanjay Datta sold 10,000 shares for approximately $314,600 on August 19 and another 8,945 shares for about $251,265 on August 20. Natalia Mirgorodskaya sold 586 shares for approximately $16,461, while CFO Andrea Blankmeyer also reported August sales. The filings state that the transactions covered tax withholding obligations tied to vested equity awards, making them a weaker bearish signal; the executives retained significant holdings. SEC Insider Trading Filing
• Negative Sentiment: Profitability and valuation remain risks. Upstart’s latest quarterly EPS of $0.16 missed the $0.18 consensus estimate, despite revenue growing 41.9% year over year to $364.71 million. With a relatively high earnings multiple and recent share-price weakness, investors may remain cautious until the bank strategy produces sustained profits. Why Upstart Stock Slid

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.