Insiders are buying Upstart (NASDAQ: UPST), highlighting two interesting stories. The first is the sort of CEO transition that investors normally can only dream about. The transition is from one founder to the next, ensuring the stability of vision, and from one generation to the next, ensuring long-term tenure.
The takeaway is that these insiders, including the outed and newly seated CEO, bought shares in May, even though they didn’t have to, as they already had substantial exposure to this fintech stock.
