Daniel S.  Loeb net worth and biography

Daniel Loeb Biography and Net Worth

Major Shareholder of Upstart
Daniel S. Loeb is CEO of Third Point LLC, a New York-based asset management firm founded in 1995. Third Point invests in equity and credit securities in U.S. and international markets. The firm often engages with company management and boards to improve performance and will also take passive stakes in companies with a long-term view of value creation.

In addition to offering behind-the-scenes advice to numerous companies, Daniel has served on five publicly traded company boards: Ligand Pharmaceuticals; POGO Producing Co.; Massey Energy; Yahoo!; and Sotheby’s, where he helped oversee the successful sale of the company.

Daniel’s philanthropic activities are driven by principles of individual human rights, including fighting against inequality and discrimination and for policies that lead to greater economic opportunity for all. For over a decade, he has been an advocate for reforming America’s schools to ensure all children have access to high quality education, fixing the country’s broken criminal justice system, and advancing freedom for LGBT individuals. He is a strong supporter of Jewish and Israel causes. Mr. Loeb is a trustee of the Mount Sinai Health System, where he established the Ronald M. Loeb Center for Alzheimer’s disease in memory of his late father. He is a Member of the Council on Foreign Relations and serves on the board of Success Academy Charter Schools, where he also served as board Chairman from 2014-2019.

Daniel graduated from Columbia University with an A.B. in economics in 1983, endowed the Daniel S. Loeb Scholarship for undergraduate study there, and received the school’s John Jay Award for distinguished professional achievement. In October 2020, he was awarded the Alexander Hamilton Award for his philanthropic service by the Manhattan Institute.

What is Daniel S. Loeb's net worth?

The estimated net worth of Daniel S. Loeb is at least $2.47 million as of May 24th, 2023. Mr. Loeb owns 34,691 shares of Upstart stock worth more than $2,466,877 as of November 20th. This net worth approximation does not reflect any other investments that Mr. Loeb may own. Learn More about Daniel S. Loeb's net worth.

How do I contact Daniel S. Loeb?

The corporate mailing address for Mr. Loeb and other Upstart executives is , , . Upstart can also be reached via phone at 650-204-1000 and via email at [email protected]. Learn More on Daniel S. Loeb's contact information.

Has Daniel S. Loeb been buying or selling shares of Upstart?

Daniel S. Loeb has not been actively trading shares of Upstart during the last ninety days. Most recently, Daniel S. Loeb sold 395,000 shares of the business's stock in a transaction on Friday, December 3rd. The shares were sold at an average price of $178.22, for a transaction totalling $70,396,900.00. Learn More on Daniel S. Loeb's trading history.

Who are Upstart's active insiders?

Upstart's insider roster includes Sukhinder Cassidy (Director), Kerry Cooper (Director), Anna Counselman (SVP), Scott Darling (Chief Legal Officer), Sanjay Datta (CFO), Dave Girouard (Co-Founder, CEO, Director), Paul Gu (SVP), Mary Hentges (Director), Daniel Loeb (Major Shareholder), Natalia Mirgorodskaya (Insider), Alison Nicoll (General Counsel), and Hilliard Terry, III (Director). Learn More on Upstart's active insiders.

Are insiders buying or selling shares of Upstart?

In the last twelve months, insiders at the sold shares 76 times. They sold a total of 800,573 shares worth more than $33,035,871.36. The most recent insider tranaction occured on November, 15th when CEO Dave Girouard sold 41,667 shares worth more than $2,725,438.47. Insiders at Upstart own 18.1% of the company. Learn More about insider trades at Upstart.

Information on this page was last updated on 11/15/2024.

Daniel S. Loeb Insider Trading History at Upstart

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
12/3/2021Sell395,000$178.22$70,396,900.00View SEC Filing Icon  
11/23/2021Sell200,000$198.14$39,628,000.00View SEC Filing Icon  
11/19/2021Sell750,000$212.96$159,720,000.00View SEC Filing Icon  
8/23/2021Sell484,400$202.62$98,149,128.00View SEC Filing Icon  
8/20/2021Sell396,822$199.62$79,213,607.64View SEC Filing Icon  
12/18/2020Buy1,200,000$20.00$24,000,000.00View SEC Filing Icon  
See Full Table

Daniel S. Loeb Buying and Selling Activity at Upstart

This chart shows Daniel S Loeb's buying and selling at Upstart by year and by quarter.

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Upstart Company Overview

Upstart logo
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. Upstart Holdings, Inc. was founded in 2012 and is headquartered in San Mateo, California.
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Today's Range

Now: $71.11
Low: $67.18
High: $71.50

50 Day Range

MA: $49.26
Low: $35.12
High: $81.00

2 Week Range

Now: $71.11
Low: $20.60
High: $86.07

Volume

5,270,581 shs

Average Volume

6,903,830 shs

Market Capitalization

$6.49 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.97