On November 25, 2024, Scott Darling, Chief Legal Officer of Upstart Network, Inc., a subsidiary of Upstart Holdings Inc (UPST, Financial), sold 3,000 shares of the company. Following this transaction, the insider now owns 147,781 shares of the company. The details of this transaction can be found in the SEC Filing.
Upstart Holdings Inc is a leading 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 aims to improve access to affordable credit while reducing the risk and costs of lending for its partners.
Over the past year, Scott Darling has sold a total of 259,425 shares and has not purchased any shares. The insider transaction history for Upstart Holdings Inc indicates that there have been no insider buys and 104 insider sells over the same period.
As of the date of the recent transaction, shares of Upstart Holdings Inc were trading at $76.17, giving the stock a market cap of $7.155 billion. The stock's GF Value is estimated at $27.18, resulting in a price-to-GF-Value ratio of 2.8, indicating that the stock is significantly overvalued based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance 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.
