Upstart Holdings Inc (NASDAQ: UPST) is -14.00% 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 $33.66 in the last trading session, with the day’s gains setting it 1.48%.
Currently trading at $35.14, the stock is -9.52% and 10.42% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.69 million and changing 4.40% at the moment leaves the stock 19.57% off its SMA200. UPST registered 16.51% gain for a year compared to 6-month gain of 38.89%.
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The stock witnessed a 2.81% loss in the last 1 month and extending the period to 3 months gives it a 44.49%, and is -3.28% down 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 7.62% over the week and 7.63% over the month.
Upstart Holdings Inc (UPST) has around 1388 employees, a market worth around $3.15B and $530.29M in sales. Fwd P/E is 139.92. Profit margin for the company is -38.05%. Distance from 52-week low is 77.12% and -29.18% 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 -21.83% this year
366.0 institutions hold shares in Upstart Holdings Inc (UPST), with institutional investors hold 52.48% of the company’s shares. The shares outstanding are 86.33M, and float is at 76.97M with Short Float at 30.50%. Institutions hold 45.75% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 7.3 million shares valued at $172.19 million. The investor’s holdings represent 8.3871 of the UPST Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 5.66 million shares valued at $133.62 million to account for 6.5084 of the shares outstanding. The other top investors are SUSQUEHANNA INTERNATIONAL GROUP, LLP which holds 3.29 million shares representing 3.7757 and valued at over $77.52 million, while STATE STREET CORP holds 2.6007 of the shares totaling 2.26 million with a market value of $53.39 million.
Upstart Holdings Inc (UPST) Insider Activity
The most recent transaction is an insider sale by Datta Sanjay, the company’s Chief Financial Officer. SEC filings show that Datta Sanjay sold 1,500 shares of the company’s common stock on Sep 09 ’24 at a price of $34.85 per share for a total of $52275.0. Following the sale, the insider now owns 0.34 million shares.
Still, SEC filings show that on Sep 03 ’24, Mirgorodskaya Natalia (Corporate Controller) disposed off 5,000 shares at an average price of $41.03 for $0.21 million. The insider now directly holds 22,477 shares of Upstart Holdings Inc (UPST).
