Upwork Inc’s recent filing unveils that its Director NELSON ELIZABETH A unloaded Company’s shares for reported $1.32 million on Feb 19 ’25. In the deal valued at $17.58 per share,75,000 shares were sold. As a result of this transaction, NELSON ELIZABETH A now holds 16,299 shares worth roughly $0.26 million.
Then, Gessert Erica sold 13,765 shares, generating $222,310 in total proceeds. Upon selling the shares at $16.15, the Chief Financial Officer now owns 156,828 shares.
Before that, Bottoms Dave sold 2,207 shares. Upwork Inc shares valued at $39,048 were divested by the GM, VP Marketplace at a price of $17.69 per share. As a result of the transaction, Bottoms Dave now holds 0 shares, worth roughly $0.0.
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 jump 0.58% to $15.72. Over the last five days, the stock has lost -2.60%. Upwork Inc shares have fallen nearly -3.85% since the year began. Nevertheless, the stocks have risen 20.83% over the past one year. While a 52-week high of $18.14 was reached on 02/19/25, a 52-week low of $8.43 was recorded on 02/03/25. SMA at 50 days reached $16.34, while 200 days put it at $12.81.
Levels Of Support And Resistance For UPWK Stock
The 24-hour chart illustrates a support level at 15.36, which if violated will result in even more drops to 14.99. On the upside, there is a resistance level at 15.97. A further resistance level may holdings at 16.21. The Relative Strength Index (RSI) on the 14-day chart is 46.31, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.02%. Stochastics %K at 37.96% indicates the stock is a holding.
