The CEO's $1.38M open-market purchase is a strong bullish signal, especially after Q1 earnings showed 44% revenue growth and reaffirmed guidance. The small sales by other executives are routine and do not offset the CEO's conviction. Traders should view this as a positive catalyst for UPST shares in the near term.
Price Chart
Executive Summary
Upstart CEO Paul Gu purchased $1.38M of stock on May 13, 2026, while two other executives sold small amounts totaling $31.6K on May 15. The CEO buy is a strong bullish signal, especially following strong Q1 2026 earnings (revenue +44% YoY, originations +61% YoY) and reaffirmed full-year guidance. The sales are trivial in size and likely routine. The cluster is dominated by the CEO's open-market purchase, which is a rare and material vote of confidence.
Key Financial Metrics
Key Facts
- CEO Paul Gu purchased 50,000 shares at $27.50 for $1.38M on May 13, 2026.
- President Sanjay Datta sold 806 shares at $28.96 for $23.3K on May 15.
- CLO Scott Darling sold 286 shares at $28.84 for $8.2K on May 15.
- Q1 2026 revenue grew 44% YoY to $308M; originations grew 61% YoY to ~$3.4B.
- Full-year 2026 revenue guidance of ~$1.4B reaffirmed.
- CEO purchase is ~0.05% of market cap ($2.8B), which is modest but significant given CEO's role and the rarity of open-market buys.
- Insider cluster follows strong Q1 earnings by 8 days, consistent with informed buying on positive results.
Financial Impact
CEO purchase of $1.38M represents ~0.05% of market cap; total insider sales of $31.6K are negligible.
Risk Factors
- CEO purchase is only ~0.05% of market cap, so the signal is modest in dollar terms relative to company size.
- The company's net loss widened to $6.6M from $2.4M YoY, and adjusted EBITDA margin declined from 20% to 13%.
- The broader macroeconomic environment (interest rates, credit conditions) remains a risk for Upstart's lending business.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-UPST-1779138465818 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 10, 2026 21d ago | Insider Cluster | $25.59 $25.00 | ▼ −2.31% | ▼ −2.08% | $23.02 (−10.04%) |
Aug 27, 2026 5w ago | Insider Cluster | $29.08 $28.05 | ▼ −3.54% | ▼ −3.65% | $23.02 (−20.84%) |
Aug 21, 2026 5w ago | Insider Cluster | $29.89 $28.68 | ▲ +4.05% | ▲ +4.52% | $23.02 (+22.98%) |
Aug 19, 2026 6w ago | Insider Cluster | $30.60 $30.47 | ▼ −0.42% | ▼ −0.04% | $23.02 (−24.77%) |
May 27, 2026 18w ago | Insider Cluster | $32.69 $32.27 | ▼ −1.28% | ▼ −1.60% | $23.02 (−29.58%) |
May 20, 2026 19w ago | 144 | $28.85 $32.69 | ▲ +13.31% | ▲ +11.71% | $23.02 (−20.21%) |
May 19, 2026 19w ago | 8-K | $28.08 $30.45 | ▲ +8.44% | ▲ +6.19% | $23.02 (−18.02%) |
May 18, 2026 19w ago | Insider Cluster | $28.08 $30.45 | ▲ +8.44% | ▲ +6.19% | $23.02 (−18.02%) |
May 15, 2026 19w ago | 144 | $27.94 $30.62 | ▲ +9.59% | ▲ +7.97% | $23.02 (−17.61%) |
May 7, 2026 21w ago | Insider Cluster | $29.00 $29.71 | ▲ +2.45% | ▲ +0.15% | $23.02 (−20.62%) |
US Market Status
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