Blair William & Co. IL Makes New $233,000 Investment in Upstart Holdings, Inc. $UPST

Blair William & Co. IL acquired a new stake in Upstart Holdings, Inc. (NASDAQ:UPST) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 3,600 shares of the company’s stock, valued at approximately $233,000.

A number of other institutional investors have also made changes to their positions in UPST. GAMMA Investing LLC boosted its stake in shares of Upstart by 23.3% in the first quarter. GAMMA Investing LLC now owns 1,662 shares of the company’s stock valued at $77,000 after purchasing an additional 314 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in Upstart by 175.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 12,712 shares of the company’s stock valued at $585,000 after buying an additional 8,098 shares during the last quarter. Oppenheimer Asset Management Inc. grew its stake in shares of Upstart by 1.3% during the first quarter. Oppenheimer Asset Management Inc. now owns 24,352 shares of the company’s stock valued at $1,121,000 after acquiring an additional 322 shares in the last quarter. Asset Management One Co. Ltd. increased its position in shares of Upstart by 71.2% during the first quarter. Asset Management One Co. Ltd. now owns 2,010 shares of the company’s stock worth $93,000 after acquiring an additional 836 shares during the last quarter. Finally, International Assets Investment Management LLC increased its position in shares of Upstart by 127.4% during the first quarter. International Assets Investment Management LLC now owns 12,630 shares of the company’s stock worth $581,000 after acquiring an additional 7,076 shares during the last quarter. 63.01% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Upstart news, Director Kerry Whorton Cooper sold 500 shares of the company’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $69.21, for a total value of $34,605.00. Following the completion of the transaction, the director owned 25,434 shares in the company, valued at approximately $1,760,287.14. This represents a 1.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CTO Paul Gu sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $68.61, for a total transaction of $343,050.00. Following the completion of the sale, the chief technology officer owned 1,147,156 shares in the company, valued at $78,706,373.16. The trade was a 0.43% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 106,214 shares of company stock worth $6,803,558. 16.67% of the stock is owned by company insiders.

Upstart Stock Down 2.7%

Shares of NASDAQ:UPST opened at $46.50 on Friday. The company has a market cap of $4.47 billion, a PE ratio of -581.25 and a beta of 2.28. Upstart Holdings, Inc. has a fifty-two week low of $31.40 and a fifty-two week high of $96.43. The firm has a 50-day simple moving average of $61.35 and a 200 day simple moving average of $58.88.

Upstart (NASDAQ:UPST) last posted its earnings results on Tuesday, August 5th. The company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.27 by $0.09. The company had revenue of $257.29 million during the quarter, compared to analyst estimates of $225.35 million. Upstart had a negative return on equity of 5.95% and a negative net margin of 0.75%.The business’s revenue was up 101.6% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.17) earnings per share. Upstart has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, research analysts forecast that Upstart Holdings, Inc. will post -0.03 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have weighed in on UPST. Needham & Company LLC restated a “buy” rating and set a $82.00 price objective (up previously from $70.00) on shares of Upstart in a research note on Wednesday, August 6th. Weiss Ratings reissued a “sell (e+)” rating on shares of Upstart in a research report on Wednesday, October 8th. Bank of America cut their price target on shares of Upstart from $88.00 to $87.00 and set a “neutral” rating on the stock in a report on Wednesday, August 6th. JPMorgan Chase & Co. raised shares of Upstart from a “neutral” rating to an “overweight” rating and decreased their price objective for the stock from $93.00 to $88.00 in a report on Wednesday, August 20th. Finally, The Goldman Sachs Group cut their target price on shares of Upstart from $78.00 to $54.00 and set a “sell” rating on the stock in a research note on Monday, October 13th. Five research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $79.67.

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.