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how much is an ace in blackjack Upstart Holdings, Inc. ( NASDAQ:UPST – Get Free Report ) shares were down 6.2% during trading on Friday . The company traded as low as $67.25 and last traded at $67.54. Approximately 1,961,987 shares traded hands during trading, a decline of 71% from the average daily volume of 6,823,418 shares. The stock had previously closed at $72.03. Analyst Ratings Changes Several research firms recently weighed in on UPST. Citigroup upgraded shares of Upstart from a “neutral” rating to a “buy” rating and increased their target price for the company from $56.00 to $87.00 in a research note on Friday, November 8th. BTIG Research upgraded Upstart from a “sell” rating to a “neutral” rating in a research report on Monday, November 11th. Redburn Atlantic raised Upstart from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $37.00 to $95.00 in a report on Tuesday, December 3rd. Piper Sandler upgraded Upstart from a “neutral” rating to an “overweight” rating and upped their target price for the company from $31.00 to $85.00 in a research note on Friday, November 8th. Finally, JPMorgan Chase & Co. downgraded shares of Upstart from a “neutral” rating to an “underweight” rating and lifted their price target for the stock from $45.00 to $57.00 in a research note on Monday, December 2nd. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $61.80. Get Our Latest Research Report on UPST Upstart Stock Down 5.6 % Insider Activity at Upstart In related news, CTO Paul Gu sold 36,200 shares of the firm’s stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $39.22, for a total transaction of $1,419,764.00. Following the completion of the sale, the chief technology officer now directly owns 878,565 shares of the company’s stock, valued at $34,457,319.30. This trade represents a 3.96 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink . Also, insider Scott Darling sold 6,200 shares of Upstart stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $39.67, for a total value of $245,954.00. Following the completion of the transaction, the insider now owns 161,043 shares of the company’s stock, valued at approximately $6,388,575.81. The trade was a 3.71 % decrease in their position. The disclosure for this sale can be found here . Insiders sold 531,868 shares of company stock valued at $32,753,134 in the last ninety days. Insiders own 18.06% of the company’s stock. Institutional Investors Weigh In On Upstart Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Fred Alger Management LLC lifted its position in shares of Upstart by 153.2% during the third quarter. Fred Alger Management LLC now owns 1,246,839 shares of the company’s stock worth $49,886,000 after purchasing an additional 754,416 shares in the last quarter. Two Sigma Advisers LP raised its position in Upstart by 689.5% in the 3rd quarter. Two Sigma Advisers LP now owns 589,000 shares of the company’s stock worth $23,566,000 after purchasing an additional 514,400 shares during the last quarter. Tidal Investments LLC lifted its holdings in Upstart by 1,413.7% during the 3rd quarter. Tidal Investments LLC now owns 333,463 shares of the company’s stock worth $13,342,000 after buying an additional 311,434 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its position in Upstart by 63.8% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 725,582 shares of the company’s stock valued at $29,031,000 after buying an additional 282,481 shares during the last quarter. Finally, Millennium Management LLC increased its stake in shares of Upstart by 1,792.9% in the 2nd quarter. Millennium Management LLC now owns 262,396 shares of the company’s stock valued at $6,190,000 after buying an additional 277,896 shares during the period. Institutional investors and hedge funds own 63.01% of the company’s stock. About Upstart ( Get Free Report ) Upstart Holdings, Inc, together with its subsidiaries, operates a cloud-based artificial intelligence (AI) lending platform in the United States. Its platform includes personal loans, automotive retail and refinance loans, home equity lines of credit, and small dollar loans that connects consumer demand for loans to its to bank and credit unions. Read More Receive News & Ratings for Upstart Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Upstart and related companies with MarketBeat.com's FREE daily email newsletter .

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President Bola Tinubu has congratulated President-elect, John Dramani Mahama, on his victory in the December 7, 2024 general election in Ghana. His opponent has made a concession speech. In a telephone call to Mahama, President Tinubu hoped that Mahama’s ascension to power for the second time would further bring stability to the Economic Community of West African States (ECOWAS), of which President Tinubu is the chairman. President Tinubu commended the people of Ghana for their commitment to democracy, which was demonstrated through the peaceful and successful conduct of both the presidential and parliamentary elections. He applauded Ghanaians for demonstrating again to the world that democracy is the preferred path to achieving political stability, economic development, social justice, and transparent governance in Africa. He affirmed that Nigeria’s and the region’s belief in the principles of the people’s right to choose their leaders freely will remain a source of pride. The Nigerian leader applauded the candidate of the governing New Patriotic Party (NPP), the vice president of Ghana, Dr Mahamudu Bawumia, for conceding defeat before the official announcement by Ghana’s Electoral Commission. President Tinubu said Bawumia’s stance reinforced Ghana’s democratic ethos. President Tinubu noted that President-elect Mahama’s return to Jubilee House, having served as president from 2012 to 2017, reflects the Ghanaian people’s trust in his stewardship and vision to take the country to greater heights. Mahama served as Vice President of Ghana from 2009 to 2012, Member of Parliament from 1997 to 2009, and held deputy and ministerial roles between 1998 and 2001.

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