Upstart Holdings, Inc. (NASDAQ:UPST) Insider Natalia Mirgorodskaya Sells 1,411 Shares

Upstart Holdings, Inc. (NASDAQ:UPST) insider Natalia Mirgorodskaya sold 1,411 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $77.36, for a total transaction of $109,154.96. Following the transaction, the insider now directly owns 18,596 shares in the company, valued at $1,438,586.56. The trade was a 7.05 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

• On Wednesday, November 20th, Natalia Mirgorodskaya sold 1,511 shares of Upstart stock. The shares were sold at an average price of $69.85, for a total transaction of $105,543.35.
• On Tuesday, September 3rd, Natalia Mirgorodskaya sold 5,000 shares of Upstart stock. The stock was sold at an average price of $41.03, for a total value of $205,150.00.

Upstart Stock Down 0.1 %

NASDAQ UPST opened at $78.43 on Friday. Upstart Holdings, Inc. has a 1 year low of $20.60 and a 1 year high of $86.07. The company has a fifty day simple moving average of $53.91 and a 200 day simple moving average of $37.90.

Analyst Ratings Changes

A number of research analysts have commented on the company. BTIG Research upgraded Upstart from a “sell” rating to a “neutral” rating in a research note on Monday, November 11th. Needham & Company LLC reissued a “hold” rating on shares of Upstart in a research note on Thursday, August 8th. Barclays increased their price objective on Upstart from $25.00 to $35.00 and gave the stock an “equal weight” rating in a report on Monday, August 12th. JPMorgan Chase & Co. upgraded shares of Upstart from an “underweight” rating to a “neutral” rating and lifted their target price for the company from $30.00 to $45.00 in a research note on Friday, November 8th. Finally, Citigroup upgraded shares of Upstart from a “neutral” rating to a “buy” rating and increased their price target for the stock from $56.00 to $87.00 in a research note on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $46.83.

Institutional Investors Weigh In On Upstart

A number of hedge funds have recently bought and sold shares of UPST. Tidal Investments LLC lifted its position in shares of Upstart by 1,413.7% during the 3rd quarter. Tidal Investments LLC now owns 333,463 shares of the company’s stock worth $13,342,000 after purchasing an additional 311,434 shares during the last quarter. Synergy Financial Group LTD bought a new position in Upstart in the 3rd quarter worth approximately $258,000. Orion Capital Management LLC increased its position in Upstart by 5.1% in the 3rd quarter. Orion Capital Management LLC now owns 5,560 shares of the company’s stock worth $222,000 after buying an additional 270 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Upstart by 1.6% during the third quarter. Geode Capital Management LLC now owns 1,816,774 shares of the company’s stock worth $72,702,000 after buying an additional 29,482 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd bought a new stake in shares of Upstart in the third quarter valued at approximately $430,000. 63.01% of the stock is currently owned by institutional investors.

About Upstart

Upstart Holdings, Inc, together with its subsidiaries, operates a cloud-based artificial intelligence (AI) lending platform in the United States. Its platform includes personal loans, automotive retail and refinance loans, home equity lines of credit, and small dollar loans that connects consumer demand for loans to its to bank and credit unions.