Upbound Group (NASDAQ:UPBD) EVP Ralph Montrone Sells 6,000 Shares

Upbound Group, Inc. (NASDAQ:UPBD) EVP Ralph Montrone sold 6,000 shares of the firm’s stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $25.23, for a total transaction of $151,380.00. Following the sale, the executive vice president owned 49,123 shares in the company, valued at approximately $1,239,373.29. This represents a 10.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Upbound Group Stock Down 2.0%

UPBD opened at $25.02 on Friday. The company has a fifty day moving average of $24.40 and a two-hundred day moving average of $24.00. The stock has a market capitalization of $1.45 billion, a price-to-earnings ratio of 14.06 and a beta of 1.77. Upbound Group, Inc. has a fifty-two week low of $19.65 and a fifty-two week high of $36.00. The company has a debt-to-equity ratio of 2.29, a quick ratio of 0.83 and a current ratio of 3.11.

Upbound Group (NASDAQ:UPBD) last posted its earnings results on Thursday, July 31st. The company reported $1.12 EPS for the quarter, beating analysts’ consensus estimates of $1.05 by $0.07. The firm had revenue of $1.16 billion for the quarter, compared to analysts’ expectations of $1.14 billion. Upbound Group had a return on equity of 36.26% and a net margin of 2.28%.The company’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period last year, the firm earned $1.04 EPS. Upbound Group has set its FY 2025 guidance at 4.050-4.40 EPS. Q3 2025 guidance at 0.950-1.05 EPS. On average, research analysts expect that Upbound Group, Inc. will post 4.28 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Wall Street Zen raised Upbound Group from a “hold” rating to a “buy” rating in a research note on Saturday, August 30th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $34.50.

Institutional Trading of Upbound Group

Institutional investors have recently made changes to their positions in the company. GAMMA Investing LLC grew its holdings in shares of Upbound Group by 5,179.7% during the first quarter. GAMMA Investing LLC now owns 12,196 shares of the company’s stock worth $292,000 after buying an additional 11,965 shares in the last quarter. SG Americas Securities LLC raised its position in Upbound Group by 209.8% in the first quarter. SG Americas Securities LLC now owns 46,796 shares of the company’s stock valued at $1,121,000 after purchasing an additional 31,693 shares during the period. Raymond James Financial Inc. lifted its position in Upbound Group by 14.3% in the first quarter. Raymond James Financial Inc. now owns 153,638 shares of the company’s stock valued at $3,681,000 after buying an additional 19,179 shares during the last quarter. Deutsche Bank AG lifted its position in Upbound Group by 40.4% in the fourth quarter. Deutsche Bank AG now owns 47,670 shares of the company’s stock valued at $1,391,000 after buying an additional 13,713 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its stake in Upbound Group by 7.2% during the first quarter. Principal Financial Group Inc. now owns 255,244 shares of the company’s stock worth $6,116,000 after buying an additional 17,237 shares during the period. 90.30% of the stock is owned by institutional investors and hedge funds.

Upbound Group Company Profile

Upbound Group, Inc leases household durable goods to customers on a lease-to-own basis in the United States, Puerto Rico, and Mexico. It operates through four segments: Rent-A-Center, Acima, Mexico, and Franchising. The company's brands, such as Rent-A-Center and Acima that facilitate consumer transactions across a range of store-based and virtual channels.