Upstart (NASDAQ:UPST) Insider Sanjay Datta Sells 10,000 Shares

Upstart Holdings, Inc. (NASDAQ:UPST) insider Sanjay Datta sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $31.46, for a total value of $314,600.00. Following the completion of the transaction, the insider owned 301,523 shares of the company’s stock, valued at $9,485,913.58. This represents a 3.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sanjay Datta also recently made the following trade(s):

• On Thursday, August 20th, Sanjay Datta sold 8,945 shares of Upstart stock. The stock was sold at an average price of $28.09, for a total transaction of $251,265.05.
• On Monday, August 17th, Sanjay Datta sold 2,033 shares of Upstart stock. The shares were sold at an average price of $29.36, for a total transaction of $59,688.88.
• On Tuesday, June 9th, Sanjay Datta sold 15,000 shares of Upstart stock. The stock was sold at an average price of $30.41, for a total transaction of $456,150.00.

Upstart Stock Up 5.0%

Shares of NASDAQ:UPST opened at $30.30 on Friday. Upstart Holdings, Inc. has a 12 month low of $23.97 and a 12 month high of $76.95. The company’s fifty day simple moving average is $30.91 and its 200 day simple moving average is $30.30. The firm has a market cap of $2.95 billion, a price-to-earnings ratio of 61.84, a PEG ratio of 1.02 and a beta of 2.29.

Upstart (NASDAQ:UPST) last announced its earnings results on Tuesday, August 4th. The company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.02). The company had revenue of $364.71 million during the quarter, compared to analyst estimates of $354.74 million. Upstart had a return on equity of 7.13% and a net margin of 4.84%.Upstart’s revenue for the quarter was up 41.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.36 earnings per share. Research analysts expect that Upstart Holdings, Inc. will post 0.72 earnings per share for the current fiscal year.

Institutional Trading of Upstart

A number of large investors have recently added to or reduced their stakes in UPST. Quarry LP raised its holdings 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. Bayforest Capital Ltd acquired a new position in Upstart during the fourth quarter worth approximately $25,000. Northwestern Mutual Wealth Management Co. increased its position 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 buying an additional 439 shares during the last quarter. Empowered Funds LLC acquired a new position in Upstart during the fourth quarter worth approximately $40,000. Finally, State of Wyoming bought a new stake in Upstart in the second quarter valued at approximately $61,000. Institutional investors and hedge funds own 63.01% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on UPST shares. Needham & Company LLC boosted their target price on Upstart from $40.00 to $42.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Citigroup lowered their price objective 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. Weiss Ratings upgraded shares of Upstart from a “sell (d)” rating to a “hold (c-)” rating in a report on Monday. Morgan Stanley set a $35.00 price objective on shares of Upstart in a research note on Thursday, May 7th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a $30.00 target price on shares of Upstart in a research report on Tuesday, June 9th. Eight investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $44.40.

Trending Headlines about Upstart

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.