Upstart Holdings Inc’s recently made public that its Officer Gu Paul acquired Company’s shares for reported $6.08 million on Dec 02 ’24. In the deal valued at $69.39 per share,87,600 shares were bought.
Then, Cooper Kerry Whorton bought 500 shares, generating $37,295 in total proceeds.
Before that, Singh Cassidy Sukhinder bought 14,992 shares. Upstart Holdings Inc shares valued at $1,064,143 were divested by the Director at a price of $70.98 per share.
JP Morgan downgraded its Upstart Holdings Inc [UPST] rating to an Underweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including BTIG Research’s analysts, who increased its forecast for the stock in mid November from “a Sell” to “a Neutral”. Piper Sandler also remained covering UPST and has increased its forecast on November 08, 2024 with a “an Overweight” recommendation from previously “Neutral” rating. JP Morgan revised its rating on November 08, 2024. It rated UPST as “a Neutral” which previously was an “an Underweight”.
Price Performance Review of UPST
On Monday, Upstart Holdings Inc [NASDAQ:UPST] saw its stock fall -14.47% to $67.39. Over the last five days, the stock has lost -9.01%. Upstart Holdings Inc shares have risen nearly 64.93% since the year began. Nevertheless, the stocks have risen 151.83% over the past one year. While a 52-week high of $86.07 was reached on 11/11/24, a 52-week low of $20.60 was recorded on 08/05/24. SMA at 50 days reached $55.23, while 200 days put it at $34.58.
Levels Of Support And Resistance For UPST Stock
The 24-hour chart illustrates a support level at 64.35, which if violated will result in even more drops to 61.30. On the upside, there is a resistance level at 72.97. A further resistance level may holdings at 78.54. The Relative Strength Index (RSI) on the 14-day chart is 51.94, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.66, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bearish at 83.94%. Stochastics %K at 48.86% indicates the stock is a holding.
How much short interest is there in Upstart Holdings Inc?
A steep rise in short interest was recorded in Upstart Holdings Inc stocks on 2024-11-15, dropping by -2.37 million shares to a total of 22.29 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 24.66 million shares. There was a decline of -10.64%, which implies that there is a negative sentiment for the stock.
