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

Key Points

• Liontrust Investment Partners LLP significantly increased its holdings in Upstart Holdings by 153.9%, owning approximately 0.17% of the company valued at $7.43 million.
• Upstart's stock has had a strong performance trend, with recent quarterly earnings showing a 101.6% increase in revenue year-over-year, surpassing estimates.
• Analysts have mixed ratings for Upstart, with a consensus rating of "Hold" and an average price target set at $77.85.

Liontrust Investment Partners LLP raised its position in shares of Upstart Holdings, Inc. (NASDAQ:UPST - Free Report) by 153.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 161,402 shares of the company's stock after acquiring an additional 97,836 shares during the quarter. Liontrust Investment Partners LLP owned about 0.17% of Upstart worth $7,429,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of UPST. Federated Hermes Inc. acquired a new position in shares of Upstart in the 4th quarter valued at about $463,000. Cerity Partners LLC acquired a new stake in Upstart during the fourth quarter worth approximately $209,000. Invesco Ltd. increased its holdings in Upstart by 886.0% in the fourth quarter. Invesco Ltd. now owns 709,684 shares of the company's stock worth $43,695,000 after purchasing an additional 637,706 shares in the last quarter. Summit Investment Advisors Inc. lifted its stake in Upstart by 8.3% in the fourth quarter. Summit Investment Advisors Inc. now owns 8,215 shares of the company's stock valued at $506,000 after buying an additional 633 shares during the period. Finally, NewEdge Advisors LLC boosted its holdings in shares of Upstart by 150.6% during the 4th quarter. NewEdge Advisors LLC now owns 1,664 shares of the company's stock worth $102,000 after buying an additional 1,000 shares in the last quarter. 63.01% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

UPST has been the subject of several recent analyst reports. Barclays raised their price objective on shares of Upstart from $42.00 to $47.00 and gave the stock an "equal weight" rating in a research report on Monday, May 12th. Morgan Stanley restated an "equal weight" rating on shares of Upstart in a report on Wednesday, August 6th. Bank of America decreased their price target on shares of Upstart from $88.00 to $87.00 and set a "neutral" rating for the company in a research note on Wednesday, August 6th. The Goldman Sachs Group raised shares of Upstart to a "sell" rating and set a $71.00 price objective on the stock in a research report on Monday, July 14th. Finally, Piper Sandler raised their price objective on Upstart from $75.00 to $90.00 and gave the company an "overweight" rating in a research note on Wednesday, August 6th. Six research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $78.54.

Insiders Place Their Bets

In other Upstart news, CEO Dave Girouard sold 41,667 shares of Upstart stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $63.27, for a total transaction of $2,636,271.09. Following the completion of the transaction, the chief executive officer owned 52,614 shares of the company's stock, valued at $3,328,887.78. The trade was a 44.19% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Natalia Mirgorodskaya sold 4,000 shares of the company's stock in a transaction dated Tuesday, July 8th. The shares were sold at an average price of $80.07, for a total value of $320,280.00. Following the sale, the insider owned 24,623 shares in the company, valued at approximately $1,971,563.61. This represents a 13.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 179,041 shares of company stock worth $11,631,576 in the last three months. Insiders own 16.67% of the company's stock.

Upstart Trading Up 3.7%

Shares of UPST stock traded up $2.30 on Wednesday, hitting $63.88. 7,574,531 shares of the stock were exchanged, compared to its average volume of 7,577,271. The firm's 50 day moving average is $70.46 and its two-hundred day moving average is $59.07. Upstart Holdings, Inc. has a one year low of $31.40 and a one year high of $96.43. The firm has a market capitalization of $6.15 billion, a PE ratio of -798.50 and a beta of 2.39.

Upstart (NASDAQ:UPST - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The company reported $0.36 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.27 by $0.09. The business had revenue of $257.29 million for the quarter, compared to analysts' expectations of $225.35 million. Upstart had a negative return on equity of 5.95% and a negative net margin of 0.75%.The firm's quarterly revenue was up 101.6% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.17) EPS. Upstart has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, sell-side analysts expect that Upstart Holdings, Inc. will post -0.03 earnings per share for the current year.

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.