On December 26, 2023, Scott Darling, the Chief Legal Officer of Upstart Holdings Inc (UPST, Financial), sold 7,328 shares of the company's stock, according to a recent SEC Filing. Over the past year, the insider has sold a total of 34,995 shares and has not made any purchases of the company's stock.
Upstart Holdings Inc is a cloud-based artificial intelligence (AI) lending platform that partners with banks and credit unions to provide consumer loans using non-traditional variables, such as education and employment, to predict creditworthiness. The company's platform aggregates consumer demand for loans and connects it with its network of the company's AI-enabled bank partners.
The insider transaction history for Upstart Holdings Inc shows a trend of more insider selling than buying over the past year, with a total of 1 insider buy and 72 insider sells.
On the day of the insider's recent sale, shares of Upstart Holdings Inc were trading at $45.12, giving the company a market cap of $3.756 billion.
The stock's price-to-GF-Value ratio stands at 1.55, indicating that Upstart Holdings Inc is significantly overvalued according to its GF Value of $29.15.
The GF Value is a proprietary intrinsic value estimate from GuruFocus, which is calculated based on historical trading multiples, a GuruFocus adjustment factor related to the company's past performance, and future business performance estimates from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
