Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Upstart Holdings Inc shares valued at $2,608,236 were purchased by Girouard Dave on Jan 15 ’25. At $62.60 per share, Girouard Dave acquired 41,667 shares.
Also, Girouard Dave sold 41,667 shares, netting a total of over 3,470,228 in proceeds. Following the sale of shares at $83.28 each, the insider now holds 57,138 shares.
Before that, Girouard Dave had added 41,667 shares to its account. In a trade valued at $3,470,228, the Officer bought Upstart Holdings Inc shares for $83.28 each.
As published in a research note from Needham on December 13, 2024, Upstart Holdings Inc [UPST] has been rated up from a Hold to a Buy and the price target has been revised to $100. Analysts at Redburn Atlantic upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early December. As of December 02, 2024, JP Morgan has decreased its “Neutral” rating to a “an Underweight” for UPST. Earlier on November 11, 2024, BTIG Research upgraded its rating. Their new recommendation was “a Neutral” for UPST stock which previously was a “a Sell”.
Analyzing UPST Stock Performance
During the last five days, there has been a surge of approximately 8.92%. Over the course of the year, Upstart Holdings Inc shares have jumped approximately 4.76%. Shares of the company reached a 52-week high of $65.77 on 01/06/25 and a 52-week low of $55.20 on 01/13/25. A 50-day SMA is recorded $68.98, while a 200-day SMA reached $41.09. Nevertheless, trading volume fell to 3.76 million shares from 6.3 million shares the previous day.
Support And Resistance Levels for Upstart Holdings Inc (UPST)
According to the 24-hour chart, there is a support level at 62.71, which, if violated, would cause prices to drop to 60.91. In the upper region, resistance lies at 65.42. The next price resistance is at 66.33. RSI (Relative Strength Index) is 48.89 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.88, which suggests the price will decrease in the coming days. Percent R is at 47.29%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
