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Latest Insider moments: Gu Paul, Upstart Holdings Inc [UPST] Chief Technology Offier sold 60,000 shares

Upstart Holdings Inc’s recent filing unveils that its Chief Technology Offier Gu Paul unloaded Company’s shares for reported $1.58 million on Apr 01 ’24. In the deal valued at $26.31 per share,60,000 shares were sold. As a result of this transaction, Gu Paul now holds 893,596 shares worth roughly $24.51 million.

Then, Datta Sanjay sold 1,000 shares, generating $27,500 in total proceeds. Upon selling the shares at $27.50, the Chief Financial Officer now owns 400,536 shares.

Before that, Datta Sanjay sold 1,000 shares. Upstart Holdings Inc shares valued at $26,210 were divested by the Chief Financial Officer at a price of $26.21 per share. As a result of the transaction, Datta Sanjay now holds 401,536 shares, worth roughly $11.01 million.

BofA Securities initiated its Upstart Holdings Inc [UPST] rating to an Underperform in a research note published on April 04, 2024; the price target was $22. A number of analysts have revised their coverage, including Needham’s analysts, who began to cover the stock in late September with a ‘”a Hold”‘ rating. B. Riley Securities began covering UPST with “Neutral” recommendation on July 27, 2023. BTIG Research started covering the stock on June 14, 2023. It rated UPST as “a Buy”.

Price Performance Review of UPST

On Monday, Upstart Holdings Inc [NASDAQ:UPST] saw its stock jump 7.99% to $27.43. Over the last five days, the stock has gained 6.52%. Upstart Holdings Inc shares have fallen nearly -32.87% since the year began. Nevertheless, the stocks have risen 63.57% over the past one year. While a 52-week high of $72.58 was reached on 01/02/24, a 52-week low of $15.88 was recorded on 05/08/24. SMA at 50 days reached $24.69, while 200 days put it at $30.56. A total of 9.14 million shares were traded, compared to the trading of 5.38 million shares in the previous session.

Levels Of Support And Resistance For UPST Stock

The 24-hour chart illustrates a support level at 26.15, which if violated will result in even more drops to 24.87. On the upside, there is a resistance level at 28.62. A further resistance level may holdings at 29.81. The Relative Strength Index (RSI) on the 14-day chart is 61.00, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.23, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 14.01%. Stochastics %K at 83.65% indicates the stock is a selling.

The most recent change occurred on April 11, 2023 when JP Morgan began covering the stock and recommended ‘”an Underweight”‘ rating along with a $11 price target.

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