Is Upstart Stock a Buy After Falling 55% This Year? Here's What to Know as One Insider Disposes of Shares

Upstart Holdings president Sanjay Datta sold 18,945 shares for $566,000 in a non-discretionary tax withholding transaction, reducing his direct stake by 6% while retaining $8.4 million in holdings. Despite a 55% year-to-date decline, Upstart showed strong fundamentals with 42% revenue growth to $365 million last quarter and a return to GAAP profitability. The company secured a new $4 billion forward-flow agreement with Castlelake, with analysts maintaining a consensus price target above $40.