Upstart (NASDAQ:UPST) Director Buys $4,999,948.80 in Stock

Upstart Holdings, Inc. (NASDAQ:UPST) Director Dave Girouard bought 170,240 shares of the business’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 purchase, the director directly owned 8,512,941 shares in the company, valued at approximately $250,025,077.17. This represents a 2.04% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Upstart Trading Down 0.5%

Shares of Upstart stock traded down $0.15 on Friday, reaching $28.86. 2,091,929 shares of the company were exchanged, compared to its average volume of 5,012,689. Upstart Holdings, Inc. has a one year low of $23.97 and a one year high of $87.30. The company has a market capitalization of $2.76 billion, a price-to-earnings ratio of 75.93, a PEG ratio of 0.81 and a beta of 2.26. The company has a 50-day moving average of $28.67 and a 200 day moving average of $38.04.

Upstart (NASDAQ:UPST) last announced its quarterly earnings data on Tuesday, May 5th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.46). Upstart had a return on equity of 5.58% and a net margin of 4.34%.The company had revenue of $308.21 million for the quarter, compared to the consensus estimate of $301.30 million. During the same quarter in the prior year, the company earned $0.30 EPS. The company’s revenue for the quarter was up 44.3% on a year-over-year basis. Analysts predict that Upstart Holdings, Inc. will post 0.94 earnings per share for the current year.

Upstart announced that its Board of Directors has initiated a share repurchase program on Thursday, February 19th that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the company to reacquire up to 3.2% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its stock is undervalued.

Upstart News Summary

Here are the key news stories impacting Upstart this week:

• Positive Sentiment: Director Dave Girouard bought 170,240 shares (~$5.0M at ~$29.37), increasing his stake — an insider purchase that signals management confidence. Director Dave Girouard Insider Purchase
• Positive Sentiment: Upstart expanded funding/distribution with a forward?flow pact (up to $1.25B) with Fortress and a partnership with Justice Federal Credit Union — adds scale to originations and funding diversity. Upstart Down 5.1% After Fortress Loan Pact and Wider Q1 Loss – Yahoo
• Positive Sentiment: BTIG Research reiterated a Buy rating on UPST, offering some buy?side support amid volatility. BTIG Buy Rating
• Neutral Sentiment: CEO/co?founder scheduled for a J.P. Morgan TMT conference fireside chat — visibility event that could help messaging but is unlikely to move shares materially on its own. CEO Fireside Chat at J.P. Morgan TMT
• Negative Sentiment: Multiple law firms have filed or are soliciting lead?plaintiff applications in a securities class action (class period May 14–Nov 4, 2025) with a June 8, 2026 deadline — heightened litigation risk and potential damages exposure. Pomerantz Class Action Filing Schall Law Firm Notice
• Negative Sentiment: Several analysts trimmed price targets after Q1: Piper Sandler cut its PT to $46 (kept Overweight), B. Riley and Needham lowered targets — analyst downgrades raise near?term downside pressure. Piper Sandler Price Target Cut B. Riley Price Target Cut Needham Price Target Cut
• Negative Sentiment: Q1 showed revenue growth and larger originations but a wider net loss and an adjusted?EBITDA miss; mixed fundamentals (growth vs. profitability) are keeping traders cautious. Benzinga: Revenue Beat, EPS Miss

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Clearstead Advisors LLC acquired a new position in Upstart in the 3rd quarter valued at $25,000. Bayforest Capital Ltd acquired a new position in Upstart in the 4th quarter valued at $25,000. Quarry LP grew its holdings in Upstart by 749.2% in the 3rd quarter. Quarry LP now owns 501 shares of the company’s stock valued at $25,000 after buying an additional 442 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Upstart by 132.2% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 771 shares of the company’s stock valued at $39,000 after buying an additional 439 shares in the last quarter. Finally, Empowered Funds LLC acquired a new position in Upstart in the 4th quarter valued at $40,000. 63.01% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. B. Riley Financial dropped their price objective on Upstart from $66.00 to $54.00 and set a “buy” rating on the stock in a research note on Wednesday. Piper Sandler dropped their price target on Upstart from $56.00 to $46.00 and set an “overweight” rating on the stock in a research note on Wednesday. Morgan Stanley set a $35.00 price target on Upstart in a research note on Thursday. Mizuho set a $45.00 price target on Upstart in a research note on Friday. Finally, Needham & Company LLC dropped their price target on Upstart from $40.00 to $37.00 and set a “buy” rating on the stock in a research note on Wednesday. Seven analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $45.87.

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.