In a filing, Upwork Inc revealed its Officer ERICA GESSERT acquired Company’s shares for reported $0.22 million on Feb 18 ’25. In the deal valued at $16.15 per share,13,765 shares were bought.
Then, DAVID BOTTOMS bought 1,543 shares, generating $24,920 in total proceeds.
Before that, HAYDEN BROWN bought 21,122 shares. Upwork Inc shares valued at $341,131 were divested by the Officer at a price of $16.15 per share.
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 Tuesday, Upwork Inc [NASDAQ:UPWK] saw its stock jump 4.52% to $16.87. Over the last five days, the stock has gained 7.11%. Upwork Inc shares have risen nearly 3.18% since the year began. Nevertheless, the stocks have risen 10.70% over the past one year. While a 52-week high of $18.14 was reached on 01/28/25, a 52-week low of $8.43 was recorded on 02/03/25. SMA at 50 days reached $16.40, while 200 days put it at $12.74.
Levels Of Support And Resistance For UPWK Stock
The 24-hour chart illustrates a support level at 16.13, which if violated will result in even more drops to 15.40. On the upside, there is a resistance level at 17.24. A further resistance level may holdings at 17.62. The Relative Strength Index (RSI) on the 14-day chart is 57.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.60, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 13.47%. Stochastics %K at 62.79% indicates the stock is a holding.
