In a filing, Upstart Holdings Inc revealed its Chief Executive Officer Girouard Dave unloaded Company’s shares for reported $3.47 million on Dec 16 ’24. In the deal valued at $83.28 per share,41,667 shares were sold. As a result of this transaction, Girouard Dave now holds 57,138 shares worth roughly $3.26 million.
Then, Girouard Dave bought 41,667 shares, generating $3,470,228 in total proceeds.
Before that, Gu Paul sold 40,226 shares. Upstart Holdings Inc shares valued at $3,035,318 were divested by the Chief Technology Offier at a price of $75.46 per share. As a result of the transaction, Gu Paul now holds 863,065 shares, worth roughly $49.26 million.
Needham upgraded its Upstart Holdings Inc [UPST] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Redburn Atlantic’s analysts, who increased its forecast for the stock in early December from “a Neutral” to “a Buy”. JP Morgan also remained covering UPST and has decreased its forecast on December 02, 2024 with a “an Underweight” recommendation from previously “Neutral” rating. BTIG Research revised its rating on November 11, 2024. It rated UPST as “a Neutral” which previously was an “a Sell”.
Price Performance Review of UPST
On Monday, Upstart Holdings Inc [NASDAQ:UPST] saw its stock fall -1.16% to $57.07. Over the last five days, the stock has lost -10.94%. Upstart Holdings Inc shares have fallen nearly -7.31% since the year began. Nevertheless, the stocks have risen 60.44% over the past one year. While a 52-week high of $88.95 was reached on 01/06/25, a 52-week low of $20.60 was recorded on 01/13/25. SMA at 50 days reached $68.26, while 200 days put it at $40.58.
Levels Of Support And Resistance For UPST Stock
The 24-hour chart illustrates a support level at 55.58, which if violated will result in even more drops to 54.09. On the upside, there is a resistance level at 58.18. A further resistance level may holdings at 59.29. The Relative Strength Index (RSI) on the 14-day chart is 35.80, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.74, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.40%. Stochastics %K at 8.54% indicates the stock is a buying.
How much short interest is there in Upstart Holdings Inc?
A steep rise in short interest was recorded in Upstart Holdings Inc stocks on 2024-12-31, dropping by -1.72 million shares to a total of 19.85 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 21.57 million shares. There was a decline of -8.66%, which implies that there is a negative sentiment for the stock.
