Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Upwork Inc shares valued at $1,318,519 were sold by NELSON ELIZABETH A on Feb 19 ’25. At $17.58 per share, NELSON ELIZABETH A sold 75,000 shares. The insider’s holdings dropped to 16,299 shares worth approximately $0.25 million following the completion of this transaction.
Also, Gessert Erica sold 13,765 shares, netting a total of over 222,310 in proceeds. Following the sale of shares at $16.15 each, the insider now holds 156,828 shares.
Before that, Bottoms Dave had sold 2,207 shares from its account. In a trade valued at $39,048, the GM, VP Marketplace traded Upwork Inc shares for $17.69 each. Upon closing the transaction, the insider’s holdings decreased to 2,207 shares, worth approximately $0.0.
Analysts at BTIG Research upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early May. As of January 08, 2024, Jefferies has increased its “Hold” rating to a “Buy” for UPWK. Earlier on October 04, 2023, UBS initiated its rating. Their recommendation was “a Neutral” for UPWK stock.
Analyzing UPWK Stock Performance
During the last five days, there has been a drop of approximately -6.89%. Over the course of the year, Upwork Inc shares have dropped approximately -4.56%. Shares of the company reached a 52-week high of $18.08 on 02/19/25 and a 52-week low of $14.75 on 02/03/25. A 50-day SMA is recorded $16.25, while a 200-day SMA reached $12.87.
Support And Resistance Levels for Upwork Inc (UPWK)
According to the 24-hour chart, there is a support level at 15.31, which, if violated, would cause prices to drop to 15.02. In the upper region, resistance lies at 16.16. The next price resistance is at 16.71. RSI (Relative Strength Index) is 45.45 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.38, which suggests the price will decrease in the coming days. Percent R is at 76.59%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
