Upstart Holdings, Inc. (NASDAQ:UPST) Shares Sold by Keeler & Nadler Financial Planning & Wealth Management

Keeler & Nadler Financial Planning & Wealth Management decreased its holdings in shares of Upstart Holdings, Inc. (NASDAQ:UPST) by 14.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,007 shares of the company’s stock after selling 1,000 shares during the quarter. Keeler & Nadler Financial Planning & Wealth Management’s holdings in Upstart were worth $370,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in UPST. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Upstart during the third quarter worth about $35,000. BNP Paribas acquired a new position in Upstart during the 3rd quarter worth approximately $37,000. Blue Trust Inc. boosted its holdings in Upstart by 125.3% in the 3rd quarter. Blue Trust Inc. now owns 989 shares of the company’s stock worth $40,000 after acquiring an additional 550 shares during the period. Hollencrest Capital Management acquired a new stake in Upstart in the third quarter valued at approximately $40,000. Finally, Indiana Trust & Investment Management Co purchased a new stake in shares of Upstart during the third quarter valued at approximately $43,000. 63.01% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Upstart news, CTO Paul Gu sold 87,600 shares of the stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $69.39, for a total value of $6,078,564.00. Following the sale, the chief technology officer now directly owns 863,065 shares of the company’s stock, valued at $59,888,080.35. This trade represents a 9.21 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Dave Girouard sold 41,667 shares of the business’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $65.15, for a total transaction of $2,714,605.05. Following the transaction, the chief executive officer now directly owns 61,512 shares of the company’s stock, valued at approximately $4,007,506.80. This trade represents a 40.38 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 352,368 shares of company stock worth $24,440,688 over the last quarter. 18.06% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research firms recently weighed in on UPST. Mizuho raised their price target on shares of Upstart from $33.00 to $48.00 and gave the company an “outperform” rating in a report on Friday, September 20th. BTIG Research upgraded Upstart from a “sell” rating to a “neutral” rating in a research note on Monday, November 11th. Wedbush lifted their price objective on Upstart from $60.00 to $75.00 and gave the stock a “neutral” rating in a report on Monday, December 2nd. JPMorgan Chase & Co. downgraded shares of Upstart from a “neutral” rating to an “underweight” rating and raised their price target for the stock from $45.00 to $57.00 in a research report on Monday, December 2nd. Finally, Redburn Atlantic raised shares of Upstart from a “neutral” rating to a “buy” rating and upped their price target for the company from $37.00 to $95.00 in a report on Tuesday, December 3rd. Two analysts have rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $61.80.

Upstart Stock Performance

Upstart stock opened at $62.70 on Thursday. Upstart Holdings, Inc. has a 1 year low of $20.60 and a 1 year high of $88.95. The firm’s 50-day moving average is $69.84 and its 200-day moving average is $48.81.

About Upstart

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.