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Stocks A to Z / Stocks U / Upstart Holdings (UPST)
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Author: earslookin   😊 😞
Number: of 116 
Subject: Upstart insiders sold $68M in 2024
Date: 01/01/2025 6:01 PM
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No. of Recommendations: 2
Upstart insiders sold 1,380,703 shares in 2024 worth $68,181,054 at an average selling
price of $49.38. Roughly 68% of the value sold was in Q4 when short sales slumped and
prices pushed up.

Here are the total sales by each insider for 2024.
                                                 Avg     Quantity
Insider Name Title Price Sold Value
----------------------- -------------------- ----- -------- ----------
Paul Gu CTO 48.17 823,118 39,648,863
Scott Darling General Counsel 45.15 245,219 11,072,410
Dave Girouard CEO, 10% 68.10 139,891 9,526,192
Sanjay Datta CFO 39.85 111,072 4,426,195
Cassidy Sukhinder Singh Director 74.46 29,992 2,233,278
Natalia Mirgorodskaya Corporate Controller 40.01 30,911 1,236,821
Kerry Whorton Cooper Director 74.59 500 37,295
--------- ----------
1,380,703 68,181,054

Here's how much these insiders owned at the end of 2024 valued at the 12/31/2024
closing price of $61.57.
                                                     Shares Owned         Value
Insider Name Title 12/31/2024 12/31/2024
----------------------- -------------------- ------------ -----------
Paul Gu CTO 913,065 56,217,412
Scott Darling General Counsel 147,781 9,098,876
Dave Girouard CEO, 10% 10,744,955 661,566,879
Sanjay Datta CFO 310,974 19,146,669
Cassidy Sukhinder Singh Director 8,278 509,676
Natalia Mirgorodskaya Corporate Controller 18,596 1,144,956
Kerry Whorton Cooper Director 26,239 1,615,535
---------- -----------
12,169,888 749,300,003
Ears <no position>
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Author: BenSolar   😊 😞
Number: of 116 
Subject: Re: Upstart insiders sold $68M in 2024
Date: 01/04/2025 10:25 AM
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No. of Recommendations: 3
Thanks for the info, ears. I take it that you sold out your position as well?

I've been holding onto mine still, on the thesis that declining interest rates will boost Upstart's financial performance enough to continue the bull run. Unfortunately inflation fears have reared their head again with Trump's win, causing longer term rates to go up and shorter term rates to trend sideways instead of down.
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Author: earslookin   😊 😞
Number: of 116 
Subject: Re: Upstart insiders sold $68M in 2024
Date: 01/04/2025 3:45 PM
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No. of Recommendations: 4
Hi Ben. Yes, sold out. I turn 80 this year, liquidating any remaining stock holdings,
which were just hobbies. If I were much younger, I'd keep it as a long term holding.
Despite the management avarice, I think they learn and adapt well and I like the business
model long term, no matter what happens with interest rates. Wishing you the best. - Ears
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