Upstart Holdings Inc. (NASDAQ:UPST): The Fundamentals Have Changed

Upstart Holdings Inc. (NASDAQ:UPST) Relative Strength Index (RSI) is 44.35, with weekly volatility at 18.48% and ATR at 9.96. The UPST stock’s 52-week price range has touched low of $22.61 and a $105.58 high. Intraday shares traded counted 1.56 million, which was 17.54% higher than its 30-day average trading volume of 1.89M. Its shares traded lower over the last trading session, losing -4.20% on 02/26/21. The shares fell to a low of $63.35 before closing at $65.64. UPST’s previous close was $68.52 while the outstanding shares total 75.64M. The firm has a 12-month trailing P/E ratio of 431.84.

Investors have identified the Credit Services company Upstart Holdings Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $4.97 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Having a look at the company’s valuation, the company is expected to record 0.11 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on UPST sounds very interesting.

Is the stock of UPST attractive?

In related news, 10% Owner, Loeb Daniel S bought 1,200,000 shares of the company’s stock in a transaction that recorded on Dec 18. The purchase was performed at an average price of 20.00, for a total value of 24,000,000. As the purchase deal closes, the SVP, Product and Data Science, Gu Paul now sold 213,124 shares of the company’s stock, valued at 3,964,106. Also, General Counsel, Nicoll Alison sold 70,000 shares of the company’s stock in a deal that was recorded on Dec 18. The shares were cost at an average price of 18.60 per share, with a total market value of 1,302,000. Following this completion of disposal, the Chief Executive Officer, Girouard Dave now holds 1,000,000 shares of the company’s stock, valued at 18,600,000. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.30%.

1 out of 6 analysts covering the stock have rated it a Buy, while 5 have maintained a Hold recommendation on Upstart Holdings Inc.. 0 analysts has assigned a Sell rating on the UPST stock. The 12-month mean consensus price target for the company’s shares has been set at $59.20.


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