Andrea Blankmeyer Sells 3,000 Shares of Upstart (NASDAQ:UPST) Stock

Upstart Holdings, Inc. (NASDAQ:UPST) CFO Andrea Blankmeyer sold 3,000 shares of Upstart stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $29.33, for a total transaction of $87,990.00. Following the completion of the sale, the chief financial officer directly owned 152,208 shares of the company’s stock, valued at approximately $4,464,260.64. This trade represents a 1.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Andrea Blankmeyer also recently made the following trade(s):

• On Monday, August 17th, Andrea Blankmeyer sold 7,175 shares of Upstart stock. The shares were sold at an average price of $29.36, for a total transaction of $210,658.00.

Upstart Price Performance

UPST stock opened at $28.86 on Friday. The stock has a market capitalization of $2.81 billion, a PE ratio of 58.90, a price-to-earnings-growth ratio of 1.08 and a beta of 2.29. The company’s 50-day moving average is $30.92 and its 200-day moving average is $30.30. Upstart Holdings, Inc. has a 1 year low of $23.97 and a 1 year high of $76.95.

Upstart (NASDAQ:UPST) last issued its earnings results on Tuesday, August 4th. The company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.02). Upstart had a net margin of 4.84% and a return on equity of 7.13%. The firm had revenue of $364.71 million during the quarter, compared to the consensus estimate of $354.74 million. During the same period in the previous year, the firm earned $0.36 earnings per share. The business’s quarterly revenue was up 41.9% on a year-over-year basis. On average, analysts anticipate that Upstart Holdings, Inc. will post 0.72 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

UPST has been the subject of several recent research reports. Wall Street Zen upgraded Upstart from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. Weiss Ratings upgraded Upstart from a “sell (d)” rating to a “hold (c-)” rating in a report on Monday. Needham & Company LLC lifted their price target on shares of Upstart from $40.00 to $42.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Jefferies Financial Group restated a “hold” rating and set a $30.00 price target on shares of Upstart in a research note on Tuesday, June 9th. Finally, B. Riley Financial lowered their price objective on shares of Upstart from $66.00 to $54.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Eight analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $44.40.

Institutional Investors Weigh In On Upstart

A number of institutional investors have recently added to or reduced their stakes in UPST. Jericho Capital Asset Management L.P. lifted its position in shares of Upstart by 11.9% during the 4th quarter. Jericho Capital Asset Management L.P. now owns 5,011,809 shares of the company’s stock worth $219,166,000 after buying an additional 531,000 shares in the last quarter. Morgan Stanley grew its holdings in shares of Upstart by 154.6% in the fourth quarter. Morgan Stanley now owns 4,206,615 shares of the company’s stock valued at $183,955,000 after acquiring an additional 2,554,591 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Upstart by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 2,068,515 shares of the company’s stock valued at $90,469,000 after acquiring an additional 26,734 shares during the last quarter. Halter Ferguson Financial Inc. increased its position in shares of Upstart by 253.3% during the first quarter. Halter Ferguson Financial Inc. now owns 1,467,360 shares of the company’s stock valued at $37,638,000 after acquiring an additional 1,052,039 shares during the last quarter. Finally, Norges Bank bought a new stake in Upstart during the fourth quarter worth $49,915,000. 63.01% of the stock is owned by institutional investors.

Upstart News Summary

Here are the key news stories impacting Upstart this week:

• Positive Sentiment: Upstart Bank could create a new growth opportunity. CEO Paul Gu said the company plans to launch Upstart Bank early next year. Management believes the bank could improve access to funding, support expansion into secured products such as home and auto loans, and give Upstart more control over its lending model. Investors may view the initiative as a potential long-term catalyst if it improves profitability. Upstart plans to launch Upstart Bank
• Positive Sentiment: Fintech stocks recently benefited from a broader rebound. Upstart rose alongside SoFi Technologies and Affirm Holdings as lower or more favorable bond-market conditions supported renewed interest in higher-beta lending and fintech companies. Fintech stocks rebound
• Neutral Sentiment: Recent insider selling was mainly for tax obligations. CFO Andrea Blankmeyer sold 10,175 shares in two transactions, while Sanjay Datta sold 2,033 shares. The trades were made under pre-arranged plans or to cover tax withholding tied to vested equity awards, making them a limited bearish signal; both executives retained substantial positions.
• Negative Sentiment: Profitability and valuation remain pressure points. Upstart’s latest quarterly earnings missed the consensus EPS estimate even though revenue increased 41.9% year over year. With a high earnings multiple and a consensus analyst rating of “Hold,” investors may be reluctant to extend the rally until Upstart Bank and newer home and auto lending businesses demonstrate sustainable contribution profits. SoFi’s stronger profitability and deposit funding also highlight Upstart’s competitive challenges. SoFi versus Upstart analysis

About Upstart

Upstart Holdings, Inc operates a cloud-based lending marketplace that leverages artificial intelligence and machine learning to assess borrower creditworthiness. The company partners with banks and credit unions, providing its proprietary AI models and underwriting platform to facilitate consumer credit products. By focusing on non?traditional data points—such as education, employment history and other real?time indicators—Upstart seeks to improve approval rates and lower loss rates compared with conventional credit scoring methods.

Upstart’s core offering centers on unsecured personal loans, which borrowers can use for purposes such as debt consolidation, home improvements or major purchases.