Upwork Inc’s filing revealed that its Chief Accounting Officer Marie Olivier unloaded Company’s shares for reported $2565.0 on Jul 18 ’24. In the deal valued at $11.40 per share,225 shares were sold. As a result of this transaction, Marie Olivier now holds 10,445 shares worth roughly $0.11 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Brown Hayden sold 9,541 shares, generating $97,476 in total proceeds. Upon selling the shares at $10.22, the President & CEO now owns 1,164,021 shares.
Before that, Bottoms Dave sold 5,684 shares. Upwork Inc shares valued at $58,071 were divested by the GM VP II, Marketplace at a price of $10.22 per share. As a result of the transaction, Bottoms Dave now holds 9,319 shares, worth roughly $99713.29999999999.
A number of analysts have revised their coverage, including BTIG Research’s analysts, who increased its forecast for the stock in early May from “a Neutral” to “a Buy”. Jefferies also remained covering UPWK and has increased its forecast on January 08, 2024 with a “Buy” recommendation from previously “Hold” rating. UBS started covering the stock on October 04, 2023. It rated UPWK as “a Neutral”.
Price Performance Review of UPWK
On Friday, Upwork Inc [NASDAQ:UPWK] saw its stock fall -3.69% to $10.70. Over the last five days, the stock has lost -5.73%. Upwork Inc shares have fallen nearly -28.04% since the year began. Nevertheless, the stocks have risen 7.32% over the past one year. While a 52-week high of $16.36 was reached on 01/09/24, a 52-week low of $9.56 was recorded on 06/20/24. SMA at 50 days reached $10.96, while 200 days put it at $12.53. A total of 1.71 million shares were traded, compared to the trading of 3.31 million shares in the previous session.
Levels Of Support And Resistance For UPWK Stock
The 24-hour chart illustrates a support level at 10.48, which if violated will result in even more drops to 10.27. On the upside, there is a resistance level at 10.89. A further resistance level may holdings at 11.09. The Relative Strength Index (RSI) on the 14-day chart is 41.80, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.96%. Stochastics%K at 34.77% indicates the stock is a holding.
