Upstart (NASDAQ:UPST) CFO Andrea Blankmeyer Sells 7,044 Shares of Stock

Upstart Holdings, Inc. (NASDAQ:UPST) CFO Andrea Blankmeyer sold 7,044 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $29.63, for a total transaction of $208,713.72. Following the transaction, the chief financial officer owned 162,383 shares of the company’s stock, valued at $4,811,408.29. This trade represents a 4.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Upstart Stock Down 5.3%

NASDAQ UPST opened at $27.94 on Tuesday. Upstart Holdings, Inc. has a 52 week low of $23.97 and a 52 week high of $87.30. The stock has a market capitalization of $2.67 billion, a PE ratio of 73.53, a price-to-earnings-growth ratio of 0.79 and a beta of 2.26. The firm has a 50 day moving average of $28.69 and a two-hundred day moving average of $36.91.

Upstart (NASDAQ:UPST) last posted its quarterly earnings results on Tuesday, May 5th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of $0.39 by ($0.46). Upstart had a return on equity of 5.63% and a net margin of 4.34%.The firm had revenue of $308.21 million for the quarter, compared to analyst estimates of $301.30 million. During the same quarter last year, the firm earned $0.30 EPS. The company’s revenue was up 44.3% on a year-over-year basis. On average, equities research analysts expect that Upstart Holdings, Inc. will post 0.92 earnings per share for the current fiscal year.

Upstart declared that its board has approved a stock repurchase program on Thursday, February 19th that permits the company to buyback $100.00 million in shares. This buyback authorization permits the company to reacquire up to 3.2% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s leadership believes its stock is undervalued.

Wall Street Analysts Forecast Growth

UPST has been the subject of several analyst reports. The Goldman Sachs Group upgraded shares of Upstart from a “sell” rating to a “neutral” rating and lowered their price target for the stock from $44.00 to $35.00 in a report on Friday, February 13th. Weiss Ratings downgraded shares of Upstart from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, May 6th. Needham & Company LLC reduced their price objective on shares of Upstart from $40.00 to $37.00 and set a “buy” rating for the company in a research report on Wednesday, May 6th. Piper Sandler reduced their price objective on shares of Upstart from $56.00 to $46.00 and set an “overweight” rating for the company in a research report on Wednesday, May 6th. Finally, Citizens Jmp restated a “market underperform” rating and set a $20.00 price objective on shares of Upstart in a research report on Friday, February 13th. Seven equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $45.79.

Trending Headlines about Upstart

Here are the key news stories impacting Upstart this week:

• Positive Sentiment: One report said CEO activity included a sizable stock purchase, which can be read as a vote of confidence from management. Upstart (NASDAQ:UPST) CEO Buys $1,375,000.00 in Stock
• Neutral Sentiment: Multiple law firms, including Rosen Law Firm, Faruqi & Faruqi, Levi & Korsinsky, and Bronstein, Gewirtz & Grossman, reiterated deadlines and lead-plaintiff notices tied to an already filed class action covering investors who bought Upstart shares between May 14, 2025 and November 4, 2025. These reminders mainly highlight ongoing litigation risk and keep negative headlines on the stock. Upst Investors Have Opportunity to Lead Upstart Holdings, Inc. Securities Fraud Lawsuit
• Neutral Sentiment: Another report noted that CFO Andrea Blankmeyer sold shares, but the filing said the sale was to cover tax withholding obligations related to vesting equity awards, which makes it less concerning on its own. SEC filing
• Negative Sentiment: The most important overhang is the securities-fraud lawsuit alleging investors were harmed by false AI-related claims, which could raise legal costs, distraction, and potential settlement risk for Upstart. UPST Investor Alert: Upstart Holdings Securities Fraud Lawsuit

Institutional Trading of Upstart

Institutional investors and hedge funds have recently bought and sold shares of the business. Erste Asset Management GmbH purchased a new stake in Upstart in the 3rd quarter valued at $4,237,000. Citigroup Inc. raised its position in Upstart by 71.5% during the 3rd quarter. Citigroup Inc. now owns 550,138 shares of the company’s stock worth $27,947,000 after buying an additional 229,315 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its position in Upstart by 31.5% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 971,856 shares of the company’s stock worth $49,370,000 after buying an additional 232,595 shares during the last quarter. Quantbot Technologies LP raised its position in Upstart by 1,066.4% during the 3rd quarter. Quantbot Technologies LP now owns 147,316 shares of the company’s stock worth $7,484,000 after buying an additional 134,686 shares during the last quarter. Finally, Neo Ivy Capital Management purchased a new position in Upstart during the 3rd quarter worth $3,218,000. Hedge funds and other institutional investors own 63.01% of the company’s stock.

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.