Upwork Inc’s recent filing unveils that its President & CEO Brown Hayden unloaded Company’s shares for reported $0.85 million on Mar 07 ’25. In the deal valued at $14.20 per share,60,000 shares were sold. As a result of this transaction, Brown Hayden now holds 1,215,083 shares worth roughly $15.97 million.
Then, HAYDEN L BROWN bought 60,000 shares, generating $852,300 in total proceeds.
Before that, NELSON ELIZABETH A sold 75,000 shares. Upwork Inc shares valued at $1,318,519 were divested by the Director at a price of $17.58 per share. As a result of the transaction, NELSON ELIZABETH A now holds 16,299 shares, worth roughly $0.21 million.
Scotiabank initiated its Upwork Inc [UPWK] rating to a Sector perform in a research note published on March 12, 2025; the price target was $15. BTIG Research also remained covering UPWK and has increased its forecast on May 02, 2024 with a “Buy” recommendation from previously “Neutral” rating. Jefferies revised its rating on January 08, 2024. It rated UPWK as “a Buy” which previously was an “a Hold”.
Price Performance Review of UPWK
On Monday, Upwork Inc [NASDAQ:UPWK] saw its stock jump 4.29% to $13.14. Over the last five days, the stock has lost -2.95%. Upwork Inc shares have fallen nearly -19.63% since the year began. Nevertheless, the stocks have risen 4.37% 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 03/13/25. SMA at 50 days reached $15.58, while 200 days put it at $13.00.
Levels Of Support And Resistance For UPWK Stock
The 24-hour chart illustrates a support level at 12.69, which if violated will result in even more drops to 12.25. On the upside, there is a resistance level at 13.43. A further resistance level may holdings at 13.73. The Relative Strength Index (RSI) on the 14-day chart is 36.46, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.47, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.98%. Stochastics %K at 9.12% indicates the stock is a buying.
How much short interest is there in Upwork Inc?
A steep rise in short interest was recorded in Upwork Inc stocks on 2025-02-28, growing by 1.23 million shares to a total of 11.08 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 9.85 million shares. There was a rise of 11.11%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 04, 2023 when UBS began covering the stock and recommended ‘”a Neutral”‘ rating along with a $13 price target.
