Aquatic Capital Management LLC Sells 148,402 Shares of Upstart Holdings, Inc. $UPST

Aquatic Capital Management LLC reduced its stake in shares of Upstart Holdings, Inc. (NASDAQ:UPST) by 54.0% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 126,482 shares of the company’s stock after selling 148,402 shares during the period. Aquatic Capital Management LLC owned about 0.13% of Upstart worth $6,425,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of UPST. Clearstead Advisors LLC purchased a new position in Upstart in the third quarter valued at approximately $25,000. Cornerstone Planning Group LLC increased its holdings in Upstart by 9,454.5% in the 3rd quarter. Cornerstone Planning Group LLC now owns 1,051 shares of the company’s stock worth $49,000 after acquiring an additional 1,040 shares during the last quarter. Steward Partners Investment Advisory LLC increased its holdings in Upstart by 72.1% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 864 shares of the company’s stock worth $56,000 after acquiring an additional 362 shares during the last quarter. State of Wyoming bought a new stake in Upstart in the 2nd quarter valued at about $61,000. Finally, Daiwa Securities Group Inc. raised its stake in 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 acquiring an additional 241 shares during the period. Hedge funds and other institutional investors own 63.01% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on UPST. Citigroup lowered shares of Upstart from a “buy” rating to a “strong sell” rating in a research report on Friday, February 13th. The Goldman Sachs Group raised shares of Upstart from a “sell” rating to a “neutral” rating and lowered their price target for the company from $44.00 to $35.00 in a research report on Friday, February 13th. Weiss Ratings restated a “sell (d+)” rating on shares of Upstart in a research note on Monday, December 29th. Compass Point raised shares of Upstart from a “sell” rating to a “neutral” rating and raised their price objective for the stock from $20.00 to $30.00 in a report on Tuesday, February 17th. Finally, Zacks Research lowered shares of Upstart from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 17th. Five analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $47.77.

Insider Buying and Selling

In other news, CFO Sanjay Datta sold 7,982 shares of the business’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $29.86, for a total transaction of $238,342.52. Following the completion of the transaction, the chief financial officer directly owned 276,688 shares in the company, valued at $8,261,903.68. The trade was a 2.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over the last ninety days, insiders have sold 9,481 shares of company stock valued at $282,201. 16.67% of the stock is owned by company insiders.

Upstart Stock Up 5.4%

Shares of UPST opened at $27.79 on Tuesday. Upstart Holdings, Inc. has a twelve month low of $25.60 and a twelve month high of $87.30. The stock has a market cap of $2.73 billion, a PE ratio of 66.17, a P/E/G ratio of 0.68 and a beta of 2.44. The business’s 50-day moving average price is $36.82 and its 200-day moving average price is $45.77.

Upstart (NASDAQ:UPST) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.02. The company had revenue of $296.09 million during the quarter, compared to analyst estimates of $288.54 million. Upstart had a net margin of 5.13% and a return on equity of 6.30%. Upstart’s revenue was up 35.2% compared to the same quarter last year. During the same period last year, the business earned $0.26 earnings per share. Analysts expect that Upstart Holdings, Inc. will post -0.03 earnings per share for the current fiscal year.

Upstart announced that its board has initiated a stock buyback plan on Thursday, February 19th that allows the company to buyback $100.00 million in shares. This buyback authorization allows the company to buy up to 3.2% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its shares are undervalued.

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.