Liontrust Investment Partners LLP Lowers Stake in Upstart Holdings, Inc. $UPST

Liontrust Investment Partners LLP cut its position in shares of Upstart Holdings, Inc. (NASDAQ:UPST) by 27.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 52,013 shares of the company’s stock after selling 19,511 shares during the quarter. Liontrust Investment Partners LLP owned about 0.05% of Upstart worth $1,334,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of UPST. Annex Advisory Services LLC increased its position in Upstart by 103.5% during the 4th quarter. Annex Advisory Services LLC now owns 421,373 shares of the company’s stock worth $18,427,000 after purchasing an additional 214,279 shares in the last quarter. Halter Ferguson Financial Inc. lifted its position in Upstart by 102.2% during the fourth quarter. Halter Ferguson Financial Inc. now owns 415,321 shares of the company’s stock valued at $18,162,000 after buying an additional 209,915 shares in the last quarter. Carnegie Investment Counsel acquired a new position in Upstart during the fourth quarter valued at approximately $10,415,000. Azora Capital LP acquired a new position in Upstart during the fourth quarter valued at approximately $38,580,000. Finally, Baillie Gifford & Co. purchased a new stake in Upstart during the fourth quarter worth approximately $33,188,000. 63.01% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

UPST has been the subject of several recent research reports. Jefferies Financial Group reissued a “hold” rating and issued a $30.00 price objective on shares of Upstart in a research report on Tuesday, June 9th. B. Riley Financial reduced their target price on shares of Upstart from $66.00 to $54.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. BTIG Research reaffirmed a “buy” rating and set a $43.00 price target on shares of Upstart in a research report on Tuesday, July 7th. Zacks Research upgraded Upstart from a “strong sell” rating to a “hold” rating in a report on Monday, April 13th. Finally, Piper Sandler lowered their price target on Upstart from $56.00 to $46.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Eight research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Upstart presently has an average rating of “Hold” and an average target price of $43.93.

Insider Activity at Upstart

In other news, insider Natalia Mirgorodskaya sold 974 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $28.99, for a total transaction of $28,236.26. Following the completion of the transaction, the insider directly owned 37,374 shares in the company, valued at approximately $1,083,472.26. This represents a 2.54% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Andrea Blankmeyer sold 7,044 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $29.63, for a total transaction of $208,713.72. Following the sale, the chief financial officer directly owned 162,383 shares of the company’s stock, valued at $4,811,408.29. The trade was a 4.16% 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. In the last 90 days, insiders sold 33,346 shares of company stock worth $991,672. 17.29% of the stock is currently owned by insiders.

Upstart Stock Performance

NASDAQ:UPST opened at $27.44 on Friday. The stock has a market cap of $2.63 billion, a price-to-earnings ratio of 72.21, a price-to-earnings-growth ratio of 0.72 and a beta of 2.26. Upstart Holdings, Inc. has a one year low of $23.97 and a one year high of $87.30. The business’s 50-day simple moving average is $31.30 and its 200 day simple moving average is $31.91.

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

Upstart Company 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.