Andrea Blankmeyer Sells 7,175 Shares of Upstart (NASDAQ:UPST) Stock

Upstart Holdings, Inc. (NASDAQ:UPST) CFO Andrea Blankmeyer sold 7,175 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $29.36, for a total value of $210,658.00. Following the completion of the sale, the chief financial officer owned 155,208 shares in the company, valued at approximately $4,556,906.88. This represents a 4.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 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 Wednesday, August 19th, Andrea Blankmeyer sold 3,000 shares of Upstart stock. The shares were sold at an average price of $29.33, for a total transaction of $87,990.00.

Upstart Price Performance

UPST opened at $28.86 on Friday. The firm has a fifty day moving average price of $30.92 and a 200 day moving average price of $30.30. Upstart Holdings, Inc. has a 1 year low of $23.97 and a 1 year high of $76.95. The stock has a market cap of $2.81 billion, a P/E ratio of 58.90, a P/E/G ratio of 1.08 and a beta of 2.29.

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

Analyst Ratings Changes

A number of brokerages have issued reports on UPST. BTIG Research reiterated a “buy” rating and set a $43.00 price target on shares of Upstart in a research report on Wednesday, August 5th. B. Riley Financial reduced their target price on Upstart from $66.00 to $54.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. 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 note on Wednesday, August 5th. Weiss Ratings raised shares of Upstart from a “sell (d)” rating to a “hold (c-)” rating in a report on Monday. Finally, Wall Street Zen upgraded shares of Upstart from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. Eight analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $44.40.

Key Stories Impacting Upstart

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

Hedge Funds Weigh In On Upstart

Hedge funds and other institutional investors have recently made changes to their positions in the company. Quarry LP boosted its stake in Upstart by 749.2% during the 3rd quarter. Quarry LP now owns 501 shares of the company’s stock worth $25,000 after purchasing an additional 442 shares during the last quarter. Bayforest Capital Ltd purchased a new position in shares of Upstart in the fourth quarter worth about $25,000. Northwestern Mutual Wealth Management Co. boosted its position in Upstart by 132.2% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 771 shares of the company’s stock worth $39,000 after acquiring an additional 439 shares during the last quarter. Empowered Funds LLC purchased a new stake in Upstart during the 4th quarter valued at about $40,000. Finally, State of Wyoming purchased a new stake in Upstart during the 2nd quarter valued at about $61,000. Hedge funds and other institutional investors own 63.01% of the company’s stock.

Upstart Company Profile

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.