Upstart CEO Paul Gu buys $1.03 million in company stock
Upstart Holdings CEO Paul Gu made a significant investment in his company, acquiring 50,000 shares of Upstart Holdings Inc. (NASDAQ: UPST) on November 11, 2026. The purchase totaled $1,028,400, with shares traded between $20.45 and $20.70 per share. This move comes as the stock is trading near its 52-week low of $18.91, down 55% year-to-date.
Analysts believe UPST is undervalued, with a low P/E ratio relative to near-term earnings growth. Mr. Gu currently holds 180,000 shares indirectly and 1,102,616 shares directly, including restricted stock units. Additionally, he owns shares through various trusts. Upstart Holdings reported stronger-than-expected Q3 results, with adjusted earnings of $0.33 per share and revenue of $370.52 million, surpassing analyst expectations.
The company's total origination volume grew 44% year-over-year to $4.1 billion. Despite the strong performance, some analysts maintain a cautious stance, citing macroeconomic concerns such as rising inflation.
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