Upstart (NASDAQ:UPST) Insider Natalia Mirgorodskaya Sells 974 Shares

Key Points

• Upstart insider Natalia Mirgorodskaya sold 974 shares on May 26 at an average price of $28.99, totaling about $28,236. The sale reduced her ownership by 2.54% and was made under a pre-arranged Rule 10b5-1 plan.
• Upstart shares were slightly higher, rising 0.3% to $30.72 in midday trading. The stock remains well below its 52-week high of $87.30 and above its low of $23.97.
• The company’s latest earnings missed profit expectations, reporting a loss of $0.07 per share versus analysts’ estimate of $0.39, even as revenue rose 44.3% year over year to $308.21 million. Analysts currently rate the stock a consensus Hold, while the company also has a $100 million share repurchase authorization in place.

Upstart Holdings, Inc. (NASDAQ:UPST - Get Free Report) insider Natalia Mirgorodskaya sold 974 shares of the firm's 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 transaction, the insider owned 37,374 shares in the company, valued at approximately $1,083,472.26. This trade represents a 2.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Natalia Mirgorodskaya also recently made the following trade(s):

• On Wednesday, May 20th, Natalia Mirgorodskaya sold 526 shares of Upstart stock. The stock was sold at an average price of $28.77, for a total transaction of $15,133.02.

Upstart Stock Up 0.3%

NASDAQ:UPST traded up $0.10 during midday trading on Wednesday, reaching $30.72. The stock had a trading volume of 3,982,100 shares, compared to its average volume of 4,983,976. The firm has a fifty day simple moving average of $28.89 and a two-hundred day simple moving average of $36.18. Upstart Holdings, Inc. has a 12-month low of $23.97 and a 12-month high of $87.30. The stock has a market cap of $2.94 billion, a P/E ratio of 80.84, a P/E/G ratio of 0.77 and a beta of 2.26.

Upstart (NASDAQ:UPST - Get Free Report) last posted 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 firm had revenue of $308.21 million during the quarter, compared to analysts' expectations of $301.30 million. During the same quarter last year, the business earned $0.30 earnings per share. The business's quarterly revenue was up 44.3% on a year-over-year basis. On average, sell-side analysts anticipate that Upstart Holdings, Inc. will post 0.92 earnings per share for the current fiscal year.

Upstart declared that its board has authorized a share repurchase plan on Thursday, February 19th that permits the company to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the company to repurchase up to 3.2% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. The Goldman Sachs Group upgraded shares of Upstart from a "sell" rating to a "neutral" rating and lowered their price objective for the company from $44.00 to $35.00 in a research report on Friday, February 13th. Zacks Research upgraded shares of Upstart from a "strong sell" rating to a "hold" rating in a research report on Monday, April 13th. Compass Point upgraded shares of Upstart from a "sell" rating to a "neutral" rating and boosted their target price for the stock from $20.00 to $30.00 in a research report on Tuesday, February 17th. B. Riley Financial decreased their target price on shares of Upstart from $66.00 to $54.00 and set a "buy" rating on the stock 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 investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Upstart has an average rating of "Hold" and an average target price of $45.79.

Upstart News Roundup

Here are the key news stories impacting Upstart this week:

• Negative Sentiment: Multiple firms announced or reminded investors about a securities fraud class action against Upstart, keeping legal risk and potential damages front and center for the stock.
• Negative Sentiment: The lawsuits allege Upstart broke revenue-related promises and violated federal securities laws, which could hurt investor confidence if the claims gain traction.
• Neutral Sentiment: Several notices highlight the June 8, 2026 lead-plaintiff deadline, meaning the case is still in an early procedural stage and the financial impact is not yet known.

Institutional Investors Weigh In On Upstart

Several institutional investors have recently made changes to their positions in the stock. Jericho Capital Asset Management L.P. boosted its position in shares of Upstart by 11.9% during the 4th quarter. Jericho Capital Asset Management L.P. now owns 5,011,809 shares of the company's stock worth $219,166,000 after purchasing an additional 531,000 shares in the last quarter. Morgan Stanley boosted its position in shares of Upstart by 154.6% during the 4th quarter. Morgan Stanley now owns 4,206,615 shares of the company's stock worth $183,955,000 after purchasing an additional 2,554,591 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Upstart by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 2,068,515 shares of the company's stock worth $90,469,000 after purchasing an additional 26,734 shares in the last quarter. Halter Ferguson Financial Inc. boosted its position in shares of Upstart by 253.3% during the 1st quarter. Halter Ferguson Financial Inc. now owns 1,467,360 shares of the company's stock worth $37,638,000 after purchasing an additional 1,052,039 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of Upstart during the 4th quarter worth $49,915,000. 63.01% of the stock is currently owned by hedge funds and other institutional investors.

About Upstart

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.

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