Upstart Holdings Inc (NASDAQ: UPST) is -7.42% lower on its value in year-to-date trading and has touched a low of $20.60 and a high of $88.95 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 $57.07 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $57.00, the stock is -15.01% and -16.64% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.72 million and changing -0.12% at the moment leaves the stock 39.96% off its SMA200. UPST registered 71.53% gain for a year compared to 6-month gain of 90.25%. The firm has a 50-day simple moving average (SMA 50) of $68.2643 and a 200-day simple moving average (SMA200) of $40.5809.
The stock witnessed a -27.30% loss in the last 1 month and extending the period to 3 months gives it a 21.23%, and is -10.26% 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 5.19% over the week and 7.24% over the month.
Upstart Holdings Inc (UPST) has around 1388 employees, a market worth around $5.20B and $557.88M in sales. Fwd P/E is 101.18. Profit margin for the company is -30.15%. Distance from 52-week low is 176.70% and -35.92% from its 52-week high. The company has generated returns on investments over the last 12 months (-10.30%).
with sales reaching $181.92M over the same period.The EPS is expected to grow by 15.95% this year, but quarterly earnings will post 16.66% year-over-year. Quarterly sales are estimated to grow 29.66% in year-over-year returns.
Upstart Holdings Inc (UPST) Top Institutional Holders
448.0 institutions hold shares in Upstart Holdings Inc (UPST), with institutional investors hold 65.68% of the company’s shares. The shares outstanding are 91.00M, and float is at 78.95M with Short Float at 25.15%. Institutions hold 57.38% 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 Girouard Dave, the company’s Chief Executive Officer. SEC filings show that Girouard Dave sold 41,667 shares of the company’s common stock on Dec 16 ’24 at a price of $83.28 per share for a total of $3.47 million. Following the sale, the insider now owns 57138.0 shares.
Still, SEC filings show that on Dec 06 ’24, Gu Paul (Chief Technology Offier) disposed off 40,226 shares at an average price of $75.46 for $3.04 million. The insider now directly holds 863,065 shares of Upstart Holdings Inc (UPST).
