Upstart Holdings, Inc. $UPST Shares Acquired by Quantinno Capital Management LP

Quantinno Capital Management LP increased its stake in shares of Upstart Holdings, Inc. (NASDAQ:UPST) by 30.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 103,860 shares of the company’s stock after buying an additional 24,492 shares during the quarter. Quantinno Capital Management LP owned about 0.11% of Upstart worth $2,664,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. AQR Capital Management LLC lifted its position in Upstart by 89.5% during the 1st quarter. AQR Capital Management LLC now owns 96,706 shares of the company’s stock worth $4,451,000 after acquiring an additional 45,664 shares during the period. Integrated Wealth Concepts LLC increased its holdings in shares of Upstart by 13.8% in the first quarter. Integrated Wealth Concepts LLC now owns 4,628 shares of the company’s stock valued at $213,000 after purchasing an additional 563 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of Upstart by 20.0% during the first quarter. NewEdge Advisors LLC now owns 1,997 shares of the company’s stock worth $92,000 after purchasing an additional 333 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Upstart by 18.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 173,017 shares of the company’s stock worth $7,964,000 after purchasing an additional 27,287 shares during the period. Finally, Acadian Asset Management LLC purchased a new position in Upstart in the 1st quarter valued at $208,000. Institutional investors and hedge funds own 63.01% of the company’s stock.

Upstart Price Performance

Upstart stock opened at $31.09 on Monday. Upstart Holdings, Inc. has a 52 week low of $23.97 and a 52 week high of $76.95. The firm’s 50-day simple moving average is $31.19 and its 200 day simple moving average is $31.20. The firm has a market capitalization of $3.03 billion, a PE ratio of 63.45, a P/E/G ratio of 0.85 and a beta of 2.29.

Upstart (NASDAQ:UPST) last posted its earnings results on Tuesday, August 4th. The company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.02). The business had revenue of $364.71 million for the quarter, compared to analysts’ expectations of $354.74 million. Upstart had a net margin of 4.84% and a return on equity of 7.13%. The business’s revenue was up 41.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.36 earnings per share. On average, research analysts expect that Upstart Holdings, Inc. will post 0.92 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

UPST has been the topic of several recent research reports. Morgan Stanley set a $35.00 price objective on shares of Upstart in a research note on Thursday, May 7th. BTIG Research reiterated a “buy” rating and set a $43.00 price target on shares of Upstart in a research note on Wednesday, August 5th. Wall Street Zen upgraded shares of Upstart from a “sell” rating to a “hold” rating in a research report on Saturday. Piper Sandler lifted their price objective on Upstart from $46.00 to $51.00 and gave the company an “overweight” rating in a report on Wednesday, August 5th. Finally, Truist Financial set a $40.00 price objective on Upstart in a report on Wednesday, May 6th. Eight analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Upstart currently has a consensus rating of “Hold” and a consensus price target of $44.40.

Insider Buying and Selling at Upstart

In other news, CFO Andrea Blankmeyer sold 7,044 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $29.63, for a total transaction of $208,713.72. Following the completion of the transaction, the chief financial officer directly owned 162,383 shares of the company’s stock, valued at $4,811,408.29. This trade represents a 4.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Paul Gu acquired 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The shares were bought at an average price of $27.50 per share, with a total value of $1,375,000.00. Following the completion of the transaction, the chief executive officer directly owned 70,000 shares in the company, valued at approximately $1,925,000. The trade was a 250.00% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have sold 33,346 shares of company stock valued at $991,672 over the last three months. Company insiders own 17.29% of the company’s stock.

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.