Upstart Holdings, Inc. (NASDAQ: UPST) is a financial technology company that uses artificial intelligence to provide personal loans. A closer look at the company’s shareholders can reveal which group holds the most power. Retail investors have a 48% ownership stake. This suggests that the general public has significant control over Upstart Holdings, and can thus influence management and governance-related decisions. Institutions, on the other hand, hold a 38% stake in the company, while insiders have recently sold their shares.
The data shows that a total of 25 investors have a majority stake in Upstart Holdings, with a combined ownership of 45%. This indicates that the ownership of the company is highly concentrated among a small group of investors. Upstart Holdings is not owned by hedge funds. With a 13% stake, CEO David Girouard is the largest shareholder. The Vanguard Group, Inc. is the second largest shareholder owning 7.9% of common stock, and BlackRock, Inc. holds about 3.9% of the company stock.
Retail investors are individual investors who trade for their own accounts and have a smaller stake in the company. However, their combined ownership can be substantial, as is the case with Upstart Holdings. As retail investors have a higher upside potential, they can also face a higher downside risk.
Institutions, on the other hand, are professional investment firms, such as mutual funds and pension funds, that manage large sums of money on behalf of their clients. They often hold large stakes in well-established companies. However, in the case of Upstart Holdings, institutions hold a lower stake, which suggests that they are less confident in the company’s future prospects.
In conclusion, Upstart Holdings’ shareholder ownership is highly concentrated among a small group of investors, with retail investors holding the majority stake. This implies that the general public has significant power to influence the company’s management and governance decisions. Institutions, on the other hand, hold a lower stake in the company, indicating that they may be less confident in its future prospects.
Upstart Holdings Inc. is expected to release its quarterly earnings report on May 08, 2023 – May 12, 2023. Analysts have estimated the company’s earnings per share (EPS) to be -$0.47, with an EPS growth rate of -$0.03 for 2022 and $0.05 for next year. This represents a growth rate of -101.30% and 266.70% in EPS for the two years, respectively.
Analysts have also predicted a consensus growth in revenue for the company, estimated at $133.59 million, with a low of $125 million and a high of $141 million. The median projection indicates a growth rate of -56.20% compared to sales growth for the corresponding quarter a year ago. Additionally, the company’s yearly revenue forecast for 2022 is expected to be $828.69 million, or -2.30% lower than the figures reported last year.
In the last seven days, there have been 1 upward and no downward revisions for the stock’s EPS, indicating the nature of the company’s price movement in the short term. However, short-term indicators have assigned the UPST stock an average of 100% Sell, while medium-term indicators assign it an average of 50% Sell. Long-term indicators, on the other hand, have placed the stock in the category of 100% Sell.
In conclusion, Upstart Holdings Inc.’s upcoming earnings report is expected to show a negative EPS growth rate in the short term, but a positive growth rate in the long term. The consensus growth in revenue is also expected to decline in the short term, but improve in the long term.
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