Tableaux LLC Makes New Investment in Upstart Holdings, Inc. $UPST

Tableaux LLC purchased a new stake in shares of Upstart Holdings, Inc. (NASDAQ:UPST) in the 2nd quarter, Holdings Channel reports. The fund purchased 40,000 shares of the company’s stock, valued at approximately $2,587,000.

Other institutional investors have also recently made changes to their positions in the company. Jennison Associates LLC boosted its holdings in shares of Upstart by 1.8% in the second quarter. Jennison Associates LLC now owns 11,382 shares of the company’s stock worth $736,000 after buying an additional 205 shares during the last quarter. International Assets Investment Management LLC grew its position in shares of Upstart by 2.4% during the 2nd quarter. International Assets Investment Management LLC now owns 12,929 shares of the company’s stock valued at $836,000 after acquiring an additional 299 shares during the period. NewEdge Advisors LLC increased its stake in shares of Upstart by 20.0% in the 1st quarter. NewEdge Advisors LLC now owns 1,997 shares of the company’s stock worth $92,000 after purchasing an additional 333 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in shares of Upstart by 17.1% in the 2nd quarter. PNC Financial Services Group Inc. now owns 2,284 shares of the company’s stock worth $148,000 after purchasing an additional 334 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in Upstart by 11.2% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 3,518 shares of the company’s stock worth $162,000 after purchasing an additional 353 shares during the period. Institutional investors own 63.01% of the company’s stock.

Analyst Ratings Changes

UPST has been the subject of several recent research reports. Piper Sandler cut their price target on Upstart from $80.00 to $56.00 and set an “overweight” rating for the company in a report on Wednesday, November 5th. Needham & Company LLC lowered their price objective on Upstart from $82.00 to $56.00 and set a “buy” rating on the stock in a research report on Wednesday, November 5th. Morgan Stanley set a $45.00 price objective on Upstart in a research note on Wednesday, November 5th. Citigroup decreased their target price on shares of Upstart from $100.00 to $80.00 and set a “buy” rating on the stock in a research note on Wednesday, November 5th. Finally, Bank of America lowered their price target on shares of Upstart from $81.00 to $71.00 and set a “neutral” rating on the stock in a report on Wednesday, November 5th. Six investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $64.58.

Upstart Stock Up 4.2%

NASDAQ UPST opened at $37.09 on Friday. Upstart Holdings, Inc. has a twelve month low of $31.40 and a twelve month high of $96.43. The business has a 50-day moving average price of $49.90 and a 200-day moving average price of $59.07. The firm has a market cap of $3.61 billion, a price-to-earnings ratio of 168.60 and a beta of 2.26.

Upstart (NASDAQ:UPST) last issued its earnings results on Tuesday, November 4th. The company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.10. Upstart had a return on equity of 3.68% and a net margin of 3.33%.The company had revenue of $258.54 million for the quarter, compared to the consensus estimate of $288.94 million. During the same quarter last year, the company earned ($0.07) EPS. The firm’s quarterly revenue was up 70.9% on a year-over-year basis. Upstart has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Research analysts expect that Upstart Holdings, Inc. will post -0.03 EPS for the current fiscal year.

Insider Activity at Upstart

In related news, CEO Dave Girouard sold 41,667 shares of the firm’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $64.93, for a total transaction of $2,705,438.31. Following the completion of the transaction, the chief executive officer directly owned 52,614 shares of the company’s stock, valued at approximately $3,416,227.02. This trade represents a 44.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Natalia Mirgorodskaya sold 1,439 shares of Upstart stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $69.21, for a total transaction of $99,593.19. Following the completion of the sale, the insider owned 21,081 shares in the company, valued at approximately $1,459,016.01. This represents a 6.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 49,630 shares of company stock worth $3,252,319. 16.67% of the stock is currently owned by corporate insiders.

Upstart Company Profile

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.