Insider Selling: Upstart (NASDAQ:UPST) CFO Sells $210,658.00 in Stock

Upstart Holdings, Inc. (NASDAQ:UPST) CFO Andrea Blankmeyer sold 7,175 shares of the firm’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $29.36, for a total transaction of $210,658.00. Following the transaction, the chief financial officer directly owned 155,208 shares in the company, valued at $4,556,906.88. The trade was a 4.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through 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 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 Stock Performance

Shares of UPST opened at $30.30 on Friday. Upstart Holdings, Inc. has a fifty-two week low of $23.97 and a fifty-two week high of $76.95. The company has a market capitalization of $2.95 billion, a price-to-earnings ratio of 61.84, a price-to-earnings-growth ratio of 1.02 and a beta of 2.29. The firm has a 50-day simple moving average of $30.91 and a 200-day simple moving average of $30.30.

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

Analyst Ratings Changes

A number of equities analysts recently weighed in on UPST shares. Needham & Company LLC lifted their price objective 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. Weiss Ratings upgraded shares of Upstart from a “sell (d)” rating to a “hold (c-)” rating in a research note on Monday. Morgan Stanley set a $35.00 target price on shares of Upstart in a report on Thursday, May 7th. BTIG Research reissued a “buy” rating and set a $43.00 price target on shares of Upstart in a report on Wednesday, August 5th. Finally, Mizuho set a $45.00 price objective on shares of Upstart in a research report on Friday, May 8th. Eight equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $44.40.

Institutional Investors Weigh In On Upstart

Hedge funds and other institutional investors have recently bought and sold shares of the business. Halter Ferguson Financial Inc. lifted its position in shares of Upstart by 102.2% during the 4th quarter. Halter Ferguson Financial Inc. now owns 415,321 shares of the company’s stock valued at $18,162,000 after acquiring an additional 209,915 shares during the period. Azora Capital LP acquired a new stake in shares of Upstart in the 4th quarter worth approximately $38,580,000. Maxi Investments CY Ltd purchased a new position in Upstart in the 4th quarter valued at approximately $8,457,000. Norges Bank purchased a new position in Upstart in the 4th quarter valued at approximately $49,915,000. Finally, First Trust Advisors LP raised its holdings in Upstart by 17.2% during the first quarter. First Trust Advisors LP now owns 373,455 shares of the company’s stock worth $9,579,000 after purchasing an additional 54,908 shares during the last quarter. Institutional investors and hedge funds own 63.01% of the company’s stock.

Upstart News Roundup

Here are the key news stories impacting Upstart this week:

• Positive Sentiment: Planned Upstart Bank is the main bullish catalyst. CEO Paul Gu said Upstart expects to launch Upstart Bank early next year as part of the company’s “second leg” of development. Management believes the bank could improve access to funding, increase control over loan origination, and support expansion into secured products such as home and auto lending. Upstart Is Up After Announcing Plans to Launch Upstart Bank
• Positive Sentiment: Some analysts see meaningful upside. A recent analysis estimated that UPST could be approximately 28% undervalued if management can make its AI lending platform consistently profitable and successfully broaden into secured credit. The company’s consensus price target of $44.40 also remains above recent trading levels, although the average rating is “Hold.” Upstart Could Be 28% Undervalued
• Neutral Sentiment: Recent insider sales appear primarily tax-related. Sanjay Datta sold 10,000 shares for approximately $314,600 on August 19 and another 8,945 shares for about $251,265 on August 20. Natalia Mirgorodskaya sold 586 shares for approximately $16,461, while CFO Andrea Blankmeyer also reported August sales. The filings state that the transactions covered tax withholding obligations tied to vested equity awards, making them a weaker bearish signal; the executives retained significant holdings. SEC Insider Trading Filing
• Negative Sentiment: Profitability and valuation remain risks. Upstart’s latest quarterly EPS of $0.16 missed the $0.18 consensus estimate, despite revenue growing 41.9% year over year to $364.71 million. With a relatively high earnings multiple and recent share-price weakness, investors may remain cautious until the bank strategy produces sustained profits. Why Upstart Stock Slid

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.