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

Upstart Holdings, Inc. (NASDAQ:UPST) CFO Andrea Blankmeyer sold 7,044 shares of Upstart stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $29.63, for a total value of $208,713.72. Following the sale, the chief financial officer directly owned 162,383 shares in the company, valued at $4,811,408.29. The trade was a 4.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Upstart Stock Performance

Shares of NASDAQ UPST traded down $1.57 during midday trading on Monday, reaching $27.94. 5,360,163 shares of the company traded hands, compared to its average volume of 5,016,875. The firm has a market cap of $2.67 billion, a PE ratio of 73.53, a PEG ratio of 0.79 and a beta of 2.26. The stock’s 50-day simple moving average is $28.70 and its 200-day simple moving average is $37.07. Upstart Holdings, Inc. has a 12 month low of $23.97 and a 12 month high of $87.30.

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

Upstart announced that its Board of Directors has approved a stock repurchase program on Thursday, February 19th that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the company to buy up to 3.2% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its shares are undervalued.

Institutional Trading of Upstart

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Quantinno Capital Management LP increased its position in shares of Upstart by 30.9% during the 1st quarter. Quantinno Capital Management LP now owns 103,860 shares of the company’s stock worth $2,664,000 after purchasing an additional 24,492 shares during the last quarter. Entropy Technologies LP bought a new stake in shares of Upstart in the 1st quarter valued at about $384,000. GC Wealth Management RIA LLC raised its holdings in shares of Upstart by 38.1% in the 1st quarter. GC Wealth Management RIA LLC now owns 344,646 shares of the company’s stock valued at $8,840,000 after purchasing an additional 95,172 shares during the period. State of Wyoming raised its holdings in shares of Upstart by 10.8% in the 1st quarter. State of Wyoming now owns 6,901 shares of the company’s stock valued at $177,000 after purchasing an additional 674 shares during the period. Finally, Cetera Investment Advisers boosted its stake in shares of Upstart by 4.9% during the 1st quarter. Cetera Investment Advisers now owns 26,062 shares of the company’s stock worth $668,000 after acquiring an additional 1,208 shares during the period. Institutional investors and hedge funds own 63.01% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on UPST shares. The Goldman Sachs Group raised shares of Upstart from a “sell” rating to a “neutral” rating and dropped their target price for the stock from $44.00 to $35.00 in a research note on Friday, February 13th. Morgan Stanley set a $35.00 target price on Upstart in a report on Thursday, May 7th. Needham & Company LLC cut their target price on shares of Upstart from $40.00 to $37.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Mizuho set a $45.00 price target on Upstart in a research report on Friday, May 8th. Finally, Weiss Ratings cut Upstart from a “sell (d+)” rating to a “sell (d)” rating in a report on Wednesday, May 6th. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus 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

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.