Versor Investments LP Has $359,000 Stock Position in Upstart Holdings, Inc. $UPST

Versor Investments LP cut its holdings in shares of Upstart Holdings, Inc. (NASDAQ:UPST) by 25.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,794 shares of the company’s stock after selling 2,606 shares during the period. Versor Investments LP’s holdings in Upstart were worth $359,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Virtus Fund Advisers LLC acquired a new position in Upstart during the 4th quarter valued at about $32,000. Mackenzie Financial Corp bought a new stake in Upstart during the 4th quarter worth approximately $62,000. Ancora Advisors LLC increased its stake in Upstart by 31.3% during the 4th quarter. Ancora Advisors LLC now owns 1,575 shares of the company’s stock worth $97,000 after purchasing an additional 375 shares in the last quarter. GAMMA Investing LLC increased its stake in Upstart by 23.3% during the 1st quarter. GAMMA Investing LLC now owns 1,662 shares of the company’s stock worth $77,000 after purchasing an additional 314 shares in the last quarter. Finally, NewEdge Advisors LLC increased its stake in Upstart by 150.6% during the 4th quarter. NewEdge Advisors LLC now owns 1,664 shares of the company’s stock worth $102,000 after purchasing an additional 1,000 shares in the last quarter. 63.01% of the stock is currently owned by institutional investors and hedge funds.

Upstart Stock Performance

UPST opened at $63.88 on Thursday. Upstart Holdings, Inc. has a fifty-two week low of $31.40 and a fifty-two week high of $96.43. The company has a market capitalization of $6.15 billion, a P/E ratio of -798.50 and a beta of 2.39. The stock has a fifty day moving average of $70.46 and a 200-day moving average of $59.07.

Upstart (NASDAQ:UPST) last posted its earnings results on Tuesday, August 5th. The company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.09. Upstart had a negative return on equity of 5.95% and a negative net margin of 0.75%.The company had revenue of $257.29 million during the quarter, compared to the consensus estimate of $225.35 million. During the same quarter last year, the firm earned ($0.17) earnings per share. The company’s revenue was up 101.6% on a year-over-year basis. Upstart has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities research analysts predict that Upstart Holdings, Inc. will post -0.03 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Natalia Mirgorodskaya sold 6,533 shares of the firm’s stock in a transaction on Wednesday, July 2nd. The stock was sold at an average price of $70.06, for a total value of $457,701.98. Following the transaction, the insider owned 24,623 shares in the company, valued at approximately $1,725,087.38. This trade represents a 20.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Dave Girouard sold 41,667 shares of the firm’s stock in a transaction on Friday, June 20th. The stock was sold at an average price of $60.05, for a total value of $2,502,103.35. Following the completion of the transaction, the chief executive officer owned 52,614 shares in the company, valued at $3,159,470.70. The trade was a 44.19% decrease in their position. The disclosure for this sale can be found here. Insiders sold 179,041 shares of company stock worth $11,631,576 in the last 90 days. 16.67% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on UPST shares. JPMorgan Chase & Co. raised Upstart from a “neutral” rating to an “overweight” rating and lowered their target price for the stock from $93.00 to $88.00 in a research note on Wednesday. Stephens initiated coverage on shares of Upstart in a research note on Thursday, June 12th. They set an “equal weight” rating and a $55.00 price target for the company. Morgan Stanley reaffirmed an “equal weight” rating on shares of Upstart in a research note on Wednesday, August 6th. Barclays raised their price target on shares of Upstart from $42.00 to $47.00 and gave the stock an “equal weight” rating in a research note on Monday, May 12th. Finally, Bank of America decreased their price target on shares of Upstart from $88.00 to $87.00 and set a “neutral” rating for the company in a research note on Wednesday, August 6th. Six investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $78.54.

Upstart Profile

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.