Upstart Holdings Inc (NASDAQ: UPST) is 34.98% higher on its value in year-to-date trading and has touched a low of $20.60 and a high of $96.43 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The UPST stock was last observed hovering at around $86.89 in the last trading session, with the day’s loss setting it -3.78%.
Currently trading at $83.11, the stock is 16.97% and 19.65% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.35 million and changing -4.35% at the moment leaves the stock 79.76% off its SMA200. UPST registered 206.57% gain for a year compared to 6-month gain of 125.78%.
The stock witnessed a 32.00% loss in the last 1 month and extending the period to 3 months gives it a 23.34%, and is 23.42% 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 10.47% over the week and 6.84% over the month.
Upstart Holdings Inc (UPST) has around 1193 employees, a market worth around $7.79B and $636.53M in sales. Fwd P/E is 39.16. Profit margin for the company is -20.20%. Distance from 52-week low is 303.45% and -13.81% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.96%).
with sales reaching $201.1M over the same period.The EPS is expected to grow by 741.40% this year, but quarterly earnings will post 58.26% year-over-year. Quarterly sales are estimated to grow 57.36% in year-over-year returns.
The shares outstanding are 93.47M, and float is at 80.97M with Short Float at 22.14%.
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
Upstart Holdings Inc disclosed in a document filed with the SEC on Jan 15 ’25 that Girouard Dave (Chief Executive Officer) sold a total of 41,667 shares of the company’s common stock. The trade occurred on Jan 15 ’25 and was made at $62.60 per share for $2.61 million. Following the transaction, the insider now directly holds 57138.0 shares of the UPST stock.
Still, SEC filings show that on Jan 15 ’25, Girouard Dave (Officer) Proposed Sale 41,667 shares at an average price of $62.60 for $2.61 million. The insider now directly holds shares of Upstart Holdings Inc (UPST).
