Key Points
- Upstart CFO Andrea Blankmeyer sold 7,044 shares on May 15 at an average price of $29.63, totaling about $208,714. The filing said the sale was to cover tax withholding obligations tied to vesting equity awards.
- After the transaction, Blankmeyer still owned 162,383 shares valued at roughly $4.81 million, and the sale reduced her position by 4.16%.
- Upstart shares were down 5.3% as investors weighed recent earnings, which showed a loss of $0.07 per share versus expectations for a $0.39 profit despite 44.3% revenue growth year over year.
Upstart Holdings, Inc. (NASDAQ:UPST - Get Free Report) insider Sanjay Datta sold 1,817 shares of the business's stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $29.56, for a total transaction of $53,710.52. Following the completion of the transaction, the insider owned 336,541 shares of the company's stock, valued at $9,948,151.96. This trade represents a 0.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Sanjay Datta also recently made the following trade(s):
- On Friday, February 20th, Sanjay Datta sold 7,982 shares of Upstart stock. The stock was sold at an average price of $29.86, for a total transaction of $238,342.52.
Upstart Price Performance
UPST stock opened at $27.94 on Tuesday. The company has a 50 day moving average price of $28.69 and a 200 day moving average price of $36.91. Upstart Holdings, Inc. has a fifty-two week low of $23.97 and a fifty-two week high of $87.30. The stock has a market capitalization of $2.67 billion, a PE ratio of 73.53, a price-to-earnings-growth ratio of 0.79 and a beta of 2.26.
Upstart (NASDAQ:UPST - Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.46). Upstart had a return on equity of 5.63% and a net margin of 4.34%.The company had revenue of $308.21 million during the quarter, compared to the consensus estimate of $301.30 million. During the same quarter last year, the firm earned $0.30 EPS. The business's revenue for the quarter was up 44.3% on a year-over-year basis. As a group, equities analysts expect that Upstart Holdings, Inc. will post 0.92 earnings per share for the current fiscal year.
Upstart announced that its Board of Directors has approved a stock repurchase plan on Thursday, February 19th that allows the company to buyback $100.00 million in shares. This buyback authorization allows the company to reacquire up to 3.2% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board believes its stock is undervalued.
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
Institutional Trading of Upstart
Large investors have recently made changes to their positions in the company. Clearstead Advisors LLC bought a new stake in shares of Upstart in the 3rd quarter valued at $25,000. Quarry LP increased its position in shares of Upstart by 749.2% in the 3rd quarter. Quarry LP now owns 501 shares of the company's stock valued at $25,000 after buying an additional 442 shares in the last quarter. Bayforest Capital Ltd bought a new stake in shares of Upstart in the 4th quarter valued at $25,000. Northwestern Mutual Wealth Management Co. increased its position in shares of Upstart by 132.2% in the 3rd 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 in the last quarter. Finally, Empowered Funds LLC bought a new stake in shares of Upstart in the 4th quarter valued at $40,000. Institutional investors own 63.01% of the company's stock.
Wall Street Analysts Forecast Growth
Several brokerages have commented on UPST. Piper Sandler dropped their target price on shares of Upstart from $56.00 to $46.00 and set an "overweight" rating for the company in a research report on Wednesday, May 6th. Citigroup cut shares of Upstart from a "buy" rating to a "strong sell" rating in a research report on Friday, February 13th. Mizuho set a $45.00 target price on shares of Upstart in a research report on Friday, May 8th. Zacks Research upgraded shares of Upstart from a "strong sell" rating to a "hold" rating in a research report on Monday, April 13th. Finally, Truist Financial set a $40.00 target price on shares of Upstart in a research report on Wednesday, May 6th. Seven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, Upstart presently has a consensus rating of "Hold" and a consensus price target of $45.79.
Read Our Latest Analysis on UPST
About Upstart
(
Get Free Report)
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.
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