Company Insider Sells 6,533 Shares of $UPST: Read Remarks

Insider sales in the stock market can often provide insights into the sentiments of top company executives and employees. One recent notable sale was by Natalia Mirgorodskaya, the See Remarks of $UPST, who sold 6,533 shares of the company on July 2, 2025, totaling $457,674. This transaction, reported in an SEC filing, represented about 21.0% of their shares in this class of stock. Following this sale, Mirgorodskaya still holds 24,623 shares of $UPST stock.

The insider trading activity within $UPST has been quite active in the past six months, with insiders making 36 trades on the open market. Interestingly, all 36 trades were sales, with no purchases recorded. Among the significant insiders who sold shares were Dave Girouard, the Chief Executive Officer, who sold 171,192 shares for approximately $11,499,095, Scott Darling, the Chief Legal Officer, who sold 48,416 shares for $2,967,612, and Sanjay Datta, the Chief Financial Officer, who sold 29,582 shares for $1,904,538. Similarly, Paul Gu, Chief Technology Officer, and Kerry Whorton Cooper also sold shares within this period.

Meanwhile, activity in hedge funds related to $UPST stock saw 201 institutional investors increasing their holdings, while 158 decreased their positions in the most recent quarter. D. E. Shaw & Co., Inc. notably removed 2,063,836 shares, Marshall Wace, LLP removed 1,061,512 shares, and Morgan Stanley removed 1,045,082 shares in the first quarter of 2025. On the other hand, Capital Fund Management S.A., Qube Research & Technologies Ltd., Invesco Ltd., and Coatue Management LLC all made significant additions to their portfolios.

These insider sales and hedge fund activities provide valuable information for investors looking to gauge the confidence and sentiments of company insiders and institutional investors. It’s essential to track such transactions to stay informed about potential market movements and make informed investment decisions. However, it is crucial to note that this article does not represent financial advice, and investors should conduct independent research and due diligence before making any investment decisions.