On September 16, 2024, Sanjay Datta, Chief Financial Officer of Upstart Holdings Inc (UPST, Financial), executed a sale of 1,500 shares of the company. The transaction was reported in a recent SEC Filing. Following this sale, the insider now directly owns 343,093 shares in the company.
Upstart Holdings Inc operates a cloud-based artificial intelligence (AI) lending platform. The platform aggregates consumer demand for loans and connects it to the company's network of the company's AI-enabled bank partners.
Over the past year, the insider has sold a total of 114,627 shares and has not purchased any shares. This recent transaction continues a trend observed over the past year, where there have been 96 insider sells and no insider buys at Upstart Holdings Inc.
Shares of Upstart Holdings Inc were trading at $34.42 on the day of the insider's recent transaction. This pricing values the company with a market cap of approximately $3.43 billion.
According to the GF Value, the intrinsic value estimate for Upstart Holdings Inc is $26.01 per share, making the stock Significantly Overvalued with a price-to-GF-Value ratio of 1.32. The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes.
This insider sell event might be of interest to investors tracking insider behaviors and evaluating the valuation metrics of Upstart Holdings Inc.
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.
