Upstart (NASDAQ:UPST) CFO Sells $87,990.00 in Stock

Upstart Holdings, Inc. (NASDAQ:UPST) CFO Andrea Blankmeyer sold 3,000 shares of the stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $29.33, for a total transaction of $87,990.00. Following the completion of the transaction, the chief financial officer owned 152,208 shares in the company, valued at $4,464,260.64. This represents a 1.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 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 stock was sold at an average price of $29.36, for a total transaction of $210,658.00.

Upstart Stock Performance

Shares of Upstart stock opened at $30.30 on Friday. The firm has a fifty day moving average of $30.91 and a two-hundred day moving average of $30.30. The stock has a market capitalization of $2.95 billion, a price-to-earnings ratio of 61.84, a PEG ratio of 1.02 and a beta of 2.29. Upstart Holdings, Inc. has a 52 week low of $23.97 and a 52 week high of $76.95.

Upstart (NASDAQ:UPST) last posted 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). Upstart had a return on equity of 7.13% and a net margin of 4.84%.The company had revenue of $364.71 million during the quarter, compared to the consensus estimate of $354.74 million. During the same quarter in the prior year, the business earned $0.36 earnings per share. The firm’s revenue for the quarter was up 41.9% on a year-over-year basis. As a group, research analysts forecast that Upstart Holdings, Inc. will post 0.72 EPS for the current fiscal year.

Key Headlines Impacting Upstart

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

Analysts Set New Price Targets

UPST has been the subject of several analyst reports. Morgan Stanley set a $35.00 target price on Upstart in a research report on Thursday, May 7th. BTIG Research reiterated a “buy” rating and issued a $43.00 price target on shares of Upstart in a research report on Wednesday, August 5th. Piper Sandler lifted their price objective on shares of Upstart from $46.00 to $51.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 5th. Wall Street Zen upgraded shares of Upstart from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. Finally, B. Riley Financial lowered their target price on shares of Upstart from $66.00 to $54.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Eight equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $44.40.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in UPST. Morgan Stanley increased its holdings in shares of Upstart by 154.6% in the fourth quarter. Morgan Stanley now owns 4,206,615 shares of the company’s stock worth $183,955,000 after acquiring an additional 2,554,591 shares in the last quarter. Norges Bank bought a new position in shares of Upstart during the 4th quarter valued at about $49,915,000. Halter Ferguson Financial Inc. grew its position in shares of Upstart by 253.3% in the 1st quarter. Halter Ferguson Financial Inc. now owns 1,467,360 shares of the company’s stock valued at $37,638,000 after purchasing an additional 1,052,039 shares during the period. Azora Capital LP bought a new stake in Upstart during the 4th quarter worth approximately $38,580,000. Finally, Dimensional Fund Advisors LP increased its stake in Upstart by 267.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,022,780 shares of the company’s stock worth $26,234,000 after purchasing an additional 744,190 shares in the last quarter. 63.01% of the stock is currently owned by institutional investors.

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.