Upstart Holdings, Inc. (NASDAQ:UPST) Director Kerry Whorton Cooper Sells 500 Shares

Upstart Holdings, Inc. (NASDAQ:UPST) Director Kerry Whorton Cooper sold 500 shares of the business’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $74.59, for a total transaction of $37,295.00. Following the transaction, the director now owns 17,961 shares in the company, valued at approximately $1,339,710.99. This trade represents a 2.71 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Upstart Trading Up 2.5 %

Shares of UPST opened at $74.63 on Thursday. Upstart Holdings, Inc. has a one year low of $20.60 and a one year high of $86.07. The company has a 50-day moving average of $56.74 and a two-hundred day moving average of $39.31.

Institutional Trading of Upstart

Several institutional investors have recently made changes to their positions in UPST. Anfield Capital Management LLC bought a new position in Upstart during the second quarter valued at approximately $33,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Upstart in the third quarter valued at approximately $35,000. BNP Paribas bought a new position in shares of Upstart in the third quarter valued at approximately $37,000. Blue Trust Inc. raised its position in shares of Upstart by 125.3% in the third quarter. Blue Trust Inc. now owns 989 shares of the company’s stock valued at $40,000 after purchasing an additional 550 shares during the period. Finally, Hollencrest Capital Management bought a new position in shares of Upstart in the third quarter valued at approximately $40,000. 63.01% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

UPST has been the topic of a number of research analyst reports. Mizuho boosted their price objective on shares of Upstart from $33.00 to $48.00 and gave the stock an “outperform” rating in a report on Friday, September 20th. JPMorgan Chase & Co. lowered shares of Upstart from a “neutral” rating to an “underweight” rating and boosted their price objective for the company from $45.00 to $57.00 in a research report on Monday. Barclays boosted their price objective on shares of Upstart from $25.00 to $35.00 and gave the company an “equal weight” rating in a research report on Monday, August 12th. Wedbush upped their price target on shares of Upstart from $60.00 to $75.00 and gave the stock a “neutral” rating in a research report on Monday. Finally, Redburn Atlantic raised shares of Upstart from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $37.00 to $95.00 in a research report on Tuesday. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $57.56.

About Upstart

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.