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

Upstart Holdings, Inc. (NASDAQ:UPST) CFO Andrea Blankmeyer sold 3,000 shares of the stock in a transaction dated Wednesday, August 19th. The stock was 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 in the company, valued at approximately $4,464,260.64. The trade was a 1.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 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 Stock Up 5.1%

Upstart stock opened at $30.60 on Thursday. The stock has a market cap of $2.98 billion, a price-to-earnings ratio of 62.45, a PEG ratio of 1.03 and a beta of 2.29. The business has a 50-day simple moving average of $30.97 and a 200 day simple moving average of $30.37. Upstart Holdings, Inc. has a 52 week low of $23.97 and a 52 week high of $76.95.

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

More Upstart News

Here are the key news stories impacting Upstart this week:

• Positive Sentiment: Planned Upstart Bank provides a new growth catalyst. CEO Paul Gu said Upstart plans to launch Upstart Bank early next year as part of its next phase of development. The bank could improve funding access, support secured lending products such as home and auto loans, and give Upstart greater control over its lending platform. Upstart Holdings Is Up After Announcing Plans To Launch Upstart Bank
• Positive Sentiment: Fintech-sector momentum improved. Upstart advanced alongside SoFi Technologies and Affirm Holdings as fintech lenders rebounded amid a bond-market catalyst. The move suggests investors may be rotating back toward higher-beta financial technology stocks, benefiting UPST’s beta of 2.29. Fintech Names Rebound With Bond Market Catalyst
• Neutral Sentiment: Insider sales were largely routine. CFO Andrea Blankmeyer sold 7,175 shares for about $210,658 and an additional 3,000 shares for about $87,990. Insider Sanjay Datta sold 2,033 shares. The transactions were conducted under pre-arranged Rule 10b5-1 plans to cover tax withholding on vested equity awards, reducing their usefulness as a bearish signal; executives retained substantial holdings.
• Negative Sentiment: Profitability and valuation remain concerns. Upstart’s latest quarterly EPS missed estimates despite revenue rising 41.9% year over year. Analysts also note that rival SoFi has stronger profitability and deposit funding, while Upstart’s consensus rating remains “Hold.” These issues could limit enthusiasm until the bank strategy demonstrates sustained contribution profits. SoFi vs. Upstart: Which Fintech Lending Stock Fits Your Portfolio Best?

Institutional Investors Weigh In On Upstart

Several large investors have recently bought and sold shares of the business. Quarry LP grew its stake in shares of Upstart by 749.2% during the 3rd quarter. Quarry LP now owns 501 shares of the company’s stock valued at $25,000 after purchasing an additional 442 shares during the period. Bayforest Capital Ltd bought a new stake in Upstart during the fourth quarter valued at approximately $25,000. Northwestern Mutual Wealth Management Co. increased its holdings in Upstart by 132.2% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 771 shares of the company’s stock valued at $39,000 after buying an additional 439 shares during the last quarter. Empowered Funds LLC purchased a new stake in Upstart during the fourth quarter valued at approximately $40,000. Finally, State of Wyoming bought a new position in Upstart in the second quarter worth approximately $61,000. 63.01% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on UPST. Truist Financial set a $40.00 price target on Upstart in a research note on Wednesday, May 6th. Mizuho set a $45.00 price objective on shares of Upstart in a research report on Friday, May 8th. Jefferies Financial Group restated a “hold” rating and issued a $30.00 price objective on shares of Upstart in a report on Tuesday, June 9th. B. Riley Financial dropped their target price on shares of Upstart from $66.00 to $54.00 and set a “buy” rating for the company in a research report on Wednesday, May 6th. Finally, Morgan Stanley set a $35.00 target price on shares of Upstart in a research note on Thursday, May 7th. Eight investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $44.40.

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.