1 week Ago By ABMN Staff
O Shaughnessy Asset Management LLC acquired a new stake in Upstart Holdings, Inc. ( NASDAQ:UPST – Free Report ) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 5,219 shares of the company’s stock, valued at approximately $321,000.
Other hedge funds have also added to or reduced their stakes in the company. Jones Financial Companies Lllp increased its holdings in shares of Upstart by 3.1% in the fourth quarter.
Jones Financial Companies Lllp now owns 5,511 shares of the company’s stock worth $339,000 after acquiring an additional 167 shares in the last quarter. Farther Finance Advisors LLC increased its stake in Upstart by 24.2% during the 4th quarter.
Farther Finance Advisors LLC now owns 882 shares of the company’s stock worth $54,000 after purchasing an additional 172 shares in the last quarter. Bailard Inc. lifted its stake in Upstart by 0.
5% in the fourth quarter. Bailard Inc. now owns 38,759 shares of the company’s stock valued at $2,386,000 after buying an additional 212 shares in the last quarter.
GAMMA Investing LLC boosted its holdings in shares of Upstart by 19.9% in the fourth quarter. GAMMA Investing LLC now owns 1,348 shares of the company’s stock valued at $83,000 after buying an additional 224 shares during the period.
Finally, KBC Group NV increased its position in shares of Upstart by 17.8% during the fourth quarter. KBC Group NV now owns 3,088 shares of the company’s stock worth $190,000 after acquiring an additional 467 shares in the last quarter.
Institutional investors and hedge funds own 63.01% of the company’s stock. Upstart Stock Performance Shares of UPST stock opened at $38.
99 on Friday. Upstart Holdings, Inc. has a 52-week low of $20.
60 and a 52-week high of $96.43. The stock has a market cap of $3.
65 billion, a price-to-earnings ratio of -26.71 and a beta of 2.39.
The firm’s 50-day moving average is $57.21 and its 200-day moving average is $60.38.
Insiders Place Their Bets In related news, CTO Paul Gu sold 12,007 shares of Upstart stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $79.02, for a total transaction of $948,793.
14. Following the completion of the sale, the chief technology officer now directly owns 1,006,599 shares of the company’s stock, valued at approximately $79,541,452.98.
This trade represents a 1.18 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website .
Also, insider Natalia Mirgorodskaya sold 794 shares of the company’s stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $79.02, for a total value of $62,741.
88. Following the completion of the transaction, the insider now directly owns 21,985 shares in the company, valued at approximately $1,737,254.70.
This represents a 3.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here .
Insiders sold a total of 75,062 shares of company stock valued at $5,247,182 over the last ninety days. 18.06% of the stock is currently owned by company insiders.
Analyst Ratings Changes UPST has been the topic of several research reports. Needham & Company LLC boosted their price objective on shares of Upstart from $100.00 to $108.
00 and gave the company a “buy” rating in a research report on Wednesday, February 12th. Morgan Stanley raised Upstart from an “underweight” rating to an “equal weight” rating and upped their price objective for the stock from $12.00 to $70.
00 in a research report on Friday, February 14th. Barclays lifted their target price on Upstart from $80.00 to $93.
00 and gave the company an “equal weight” rating in a research report on Tuesday, February 18th. B. Riley raised shares of Upstart from a “neutral” rating to a “buy” rating and raised their price target for the stock from $49.
00 to $105.00 in a research note on Wednesday, February 12th. Finally, JPMorgan Chase & Co.
raised shares of Upstart from an “underweight” rating to a “neutral” rating and boosted their price objective for the stock from $57.00 to $79.00 in a research report on Wednesday, February 12th.
Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $73.
38. View Our Latest Report on UPST Upstart Profile ( Free Report ) 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.
Featured Articles Want to see what other hedge funds are holding UPST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Upstart Holdings, Inc. ( NASDAQ:UPST – Free Report ).
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