Maxi Investments CY Ltd Purchases New Position in Upstart Holdings, Inc. $UPST

Maxi Investments CY Ltd acquired a new position in shares of Upstart Holdings, Inc. (NASDAQ:UPST) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 193,400 shares of the company’s stock, valued at approximately $6,852,000. Upstart comprises about 1.4% of Maxi Investments CY Ltd’s portfolio, making the stock its 20th biggest holding. Maxi Investments CY Ltd owned about 0.20% of Upstart as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of UPST. Cresset Asset Management LLC raised its holdings in Upstart by 3.3% in the second quarter. Cresset Asset Management LLC now owns 5,241 shares of the company’s stock worth $339,000 after purchasing an additional 169 shares during the period. Daiwa Securities Group Inc. grew its holdings in shares of Upstart by 29.1% in the 2nd quarter. Daiwa Securities Group Inc. now owns 1,068 shares of the company’s stock valued at $69,000 after buying an additional 241 shares during the period. Advisory Services Network LLC increased its position in shares of Upstart by 5.3% in the 2nd quarter. Advisory Services Network LLC now owns 5,399 shares of the company’s stock valued at $349,000 after buying an additional 272 shares in the last quarter. California State Teachers Retirement System increased its position in shares of Upstart by 0.4% in the 2nd quarter. California State Teachers Retirement System now owns 76,368 shares of the company’s stock valued at $4,939,000 after buying an additional 332 shares in the last quarter. Finally, NewEdge Advisors LLC raised its stake in 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 buying an additional 333 shares during the period. Institutional investors and hedge funds own 63.01% of the company’s stock.

Upstart Stock Performance

Shares of Upstart stock opened at $30.30 on Monday. The firm has a market cap of $2.95 billion, a PE ratio of 61.84, a P/E/G ratio of 1.07 and a beta of 2.29. The business’s 50 day simple moving average is $30.91 and its 200 day simple moving average is $30.23. Upstart Holdings, Inc. has a 52-week low of $23.97 and a 52-week high of $76.95.

Upstart (NASDAQ:UPST) last released its quarterly 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 firm had revenue of $364.71 million for 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%.The company’s revenue was up 41.9% compared to the same quarter last year. During the same period last year, the company earned $0.36 EPS. As a group, equities research analysts predict that Upstart Holdings, Inc. will post 0.72 EPS for the current year.

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

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on UPST. Truist Financial set a $40.00 target price on Upstart in a research note on Wednesday, May 6th. Needham & Company LLC lifted their price target on shares of Upstart from $40.00 to $42.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. The Goldman Sachs Group upped their price target on shares of Upstart from $32.00 to $39.00 and gave the company a “neutral” rating in a report on Thursday, July 9th. Piper Sandler upped their price target on shares of Upstart from $46.00 to $51.00 and gave the company an “overweight” rating in a report on Wednesday, August 5th. Finally, Citigroup lowered their price objective on shares of Upstart from $80.00 to $61.00 and set a “buy” rating for the company in a research report on Wednesday, July 22nd. Eight equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $44.40.

Insider Transactions at Upstart

In related news, insider Natalia Mirgorodskaya sold 974 shares of the stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $28.99, for a total transaction of $28,236.26. Following the completion of the transaction, the insider owned 37,374 shares in the company, valued at approximately $1,083,472.26. This represents a 2.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Andrea Blankmeyer sold 3,000 shares of the firm’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $29.33, for a total transaction of $87,990.00. Following the completion of the transaction, the chief financial officer directly owned 152,208 shares of the company’s stock, valued at approximately $4,464,260.64. This trade represents a 1.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 47,713 shares of company stock valued at $1,425,049 over the last 90 days. 17.29% of the stock is owned by corporate insiders.

Upstart 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.