Bitcoin price today: falls to 2-week low below $113k ahead of Fed Jackson Hole
Upstart Holdings (NASDAQ:UPST) Chief Executive Officer Dave Girouard sold a total of $2.6 million in company stock on August 15, 2025. The sales involved 41,667 shares of common stock, sold in the price range of $63.2267 to $63.9072. The transaction comes as Upstart’s stock shows significant volatility, with a 52% gain over the past year. InvestingPro analysis indicates the stock is currently trading above its Fair Value, with analyst price targets ranging from $20 to $105.
Girouard also exercised options to acquire 41,667 shares of Upstart common stock at a price of $0.83, for a total value of $34583. These transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on August 29, 2024. The fintech company, currently valued at approximately $5.9 billion, has demonstrated strong revenue growth of over 53% in the last twelve months.
Following these transactions, Girouard directly owns 52,614 shares of Upstart Holdings. He also has indirect ownership of several blocks of shares held in various trusts. These include 8,342,701 shares held by the 2008 D&T Girouard Revocable Trust, 1,000,000 shares held by the DTG GRAT LLC, and multiple blocks of 546,501 and 126,057 shares held by different TMG and JRG trusts. Additionally, Girouard directly owns 876,742 shares of Upstart Holdings through employee stock options.
In other recent news, Upstart Holdings Inc . reported a strong second quarter in 2025, surpassing earnings expectations and achieving its first profitable quarter since 2022. The company posted earnings per share of $0.36, which was 50% higher than the anticipated $0.24. Revenue for the quarter reached $257 million, exceeding projections by 14%. Following these results, Needham raised its price target for Upstart to $82, maintaining a Buy rating due to the company’s impressive performance. Additionally, Upstart announced the pricing of $600 million in 0% Convertible Senior Notes due in 2032, increasing the offering from the previously announced $500 million. This development includes an option for initial purchasers to buy an additional $90 million in notes. Furthermore, Upstart has partnered with ABNB Federal Credit Union to enhance its personal loan offerings through artificial intelligence technology. These recent developments reflect Upstart’s strategic moves in expanding its financial offerings and strengthening its market position.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.