Geode Capital Management LLC Purchases 26,734 Shares of Upstart Holdings, Inc. $UPST

Geode Capital Management LLC raised its position in Upstart Holdings, Inc. (NASDAQ:UPST) by 1.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,068,515 shares of the company’s stock after buying an additional 26,734 shares during the quarter. Geode Capital Management LLC owned about 2.13% of Upstart worth $90,469,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of UPST. Clearstead Advisors LLC grew its holdings in shares of Upstart by 200.0% during the 4th quarter. Clearstead Advisors LLC now owns 1,500 shares of the company’s stock valued at $66,000 after purchasing an additional 1,000 shares during the last quarter. SLT Holdings LLC acquired a new stake in Upstart during the 4th quarter worth approximately $306,000. Leonteq Securities AG acquired a new stake in Upstart during the 4th quarter worth approximately $716,000. Larson Financial Group LLC lifted its position in shares of Upstart by 132.1% in the 4th quarter. Larson Financial Group LLC now owns 11,701 shares of the company’s stock worth $512,000 after purchasing an additional 6,659 shares during the period. Finally, ProShare Advisors LLC lifted its position in shares of Upstart by 8.2% in the 4th quarter. ProShare Advisors LLC now owns 15,580 shares of the company’s stock worth $681,000 after purchasing an additional 1,178 shares during the period. 63.01% of the stock is owned by institutional investors.

Insider Transactions at Upstart

In other news, insider Natalia Mirgorodskaya sold 974 shares of Upstart stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $28.99, for a total value of $28,236.26. Following the completion of the transaction, the insider owned 37,374 shares of the company’s stock, valued at $1,083,472.26. The trade was a 2.54% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sanjay Datta sold 7,985 shares of the business’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $28.77, for a total value of $229,728.45. Following the completion of the transaction, the insider directly owned 328,556 shares of the company’s stock, valued at approximately $9,452,556.12. This trade represents a 2.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 18,346 shares of company stock worth $535,522 over the last quarter. Corporate insiders own 17.29% of the company’s stock.

More Upstart News

Here are the key news stories impacting Upstart this week:

• Negative Sentiment: A federal securities class action has been filed against Upstart and certain officers, alleging violations of U.S. securities laws and investor harm. Pomerantz Law Firm Announces the Filing of a Class Action Against Upstart Holdings, Inc. and Certain Officers – UPST
• Negative Sentiment: Several firms, including Rosen, Bragar Eagel & Squire, Faruqi & Faruqi, and the Schall Law Firm, are actively soliciting affected investors ahead of the June 8 deadline, reinforcing legal uncertainty around the stock. UPST IMPORTANT DEADLINE: ROSEN, SKILLED INVESTOR COUNSEL, Encourages Upstart Holdings, Inc. Investors to Secure Counsel Before Important June 8 Deadline in Securities Class Action – UPST
• Negative Sentiment: Additional “investor action” notices from law firms may keep attention on alleged flaws in Upstart’s disclosures and model oversight, which can weigh on sentiment. UPST INVESTOR ACTION: Faruqi & Faruqi, LLP Reminds Upstart (UPST) Investors of Securities Class Action Deadline on June 8, 2026

Upstart Stock Performance

Shares of Upstart stock opened at $29.74 on Monday. The firm has a market capitalization of $2.85 billion, a P/E ratio of 78.26, a P/E/G ratio of 0.80 and a beta of 2.26. The business has a fifty day simple moving average of $29.70 and a two-hundred day simple moving average of $35.83. Upstart Holdings, Inc. has a 12 month low of $23.97 and a 12 month high of $87.30.

Upstart (NASDAQ:UPST) last announced its quarterly earnings data on Tuesday, May 5th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of $0.39 by ($0.46). The firm had revenue of $308.21 million for the quarter, compared to analysts’ expectations of $301.30 million. Upstart had a net margin of 4.34% and a return on equity of 5.63%. The business’s quarterly revenue was up 44.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.30 EPS. Analysts predict that Upstart Holdings, Inc. will post 0.92 earnings per share for the current year.

Upstart declared that its Board of Directors has authorized a share buyback program on Thursday, February 19th that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the company to reacquire up to 3.2% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s board believes its shares are undervalued.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on UPST. Needham & Company LLC dropped their target price on shares of Upstart from $40.00 to $37.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. The Goldman Sachs Group upgraded shares of Upstart from a “sell” rating to a “neutral” rating and reduced their price target for the company from $44.00 to $35.00 in a research report on Friday, February 13th. Compass Point upgraded shares of Upstart from a “sell” rating to a “neutral” rating and increased their target price for the stock from $20.00 to $30.00 in a research report on Tuesday, February 17th. Weiss Ratings lowered shares of Upstart from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, May 6th. Finally, Morgan Stanley set a $35.00 target price on shares of Upstart in a research report on Thursday, May 7th. Seven analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $45.79.

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.