Upstart Holdings Inc (NASDAQ: UPST) is -6.07% lower on its value in year-to-date trading and has touched a low of $19.84 and a high of $49.62 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The UPST stock was last observed hovering at around $40.47 in the last trading session, with the day’s loss setting it -2.09%.
Currently trading at $38.38, the stock is 26.44% and 42.20% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.68 million and changing -5.16% at the moment leaves the stock 35.47% off its SMA200. UPST registered 19.60% gain for a year compared to 6-month gain of 50.27%.
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The stock witnessed a 38.81% loss in the last 1 month and extending the period to 3 months gives it a 50.16%, and is 1.45% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.15% over the week and 9.67% over the month.
Upstart Holdings Inc (UPST) has around 1388 employees, a market worth around $3.44B and $530.29M in sales. Fwd P/E is 184.69. Profit margin for the company is -38.05%. Distance from 52-week low is 93.45% and -22.65% from its 52-week high. The company has generated returns on investments over the last 12 months (-12.08%).
The EPS is expected to shrink by -29.98% this year.
Upstart Holdings Inc (UPST) Top Institutional Holders
366.0 institutions hold shares in Upstart Holdings Inc (UPST), with institutional investors hold 52.66% of the company’s shares. The shares outstanding are 86.33M, and float is at 76.83M with Short Float at 32.03%. Institutions hold 45.89% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 7.13 million shares valued at $191.7 million. The investor’s holdings represent 8.1913 of the UPST Shares outstanding. As of 2024-03-31, the second largest holder is BLACKROCK INC. with 5.34 million shares valued at $143.73 million to account for 6.1415 of the shares outstanding. The other top investors are SUSQUEHANNA INTERNATIONAL GROUP, LLP which holds 2.71 million shares representing 3.1188 and valued at over $72.99 million, while SUSQUEHANNA INTERNATIONAL GROUP, LLP holds 2.7244 of the shares totaling 2.37 million with a market value of $63.76 million.
Upstart Holdings Inc (UPST) Insider Activity
Still, SEC filings show that on Aug 20 ’24, Girouard Dave (Officer) Proposed Sale 3,361 shares at an average price of $38.35 for $0.13 million. The insider now directly holds shares of Upstart Holdings Inc (UPST).
