Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Upwork Inc shares valued at $129,113 were sold by Bottoms Dave on Mar 19 ’25. At $13.46 per share, Bottoms Dave sold 9,593 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, Bottoms Dave sold 5,411 shares, netting a total of over 70,717 in proceeds. Following the sale of shares at $13.07 each, the insider now holds 9,593 shares.
Before that, Marie Olivier had sold 2,587 shares from its account. In a trade valued at $34,829, the Chief Accounting Officer traded Upwork Inc shares for $13.46 each. Upon closing the transaction, the insider’s holdings decreased to 2,587 shares, worth approximately $17404.3.
As published in their initiating research note from Scotiabank on March 12, 2025, Upwork Inc [UPWK] has been a Sector perform and the price target has been revised to $15. As of May 02, 2024, BTIG Research has increased its “Neutral” rating to a “Buy” for UPWK. Earlier on January 08, 2024, Jefferies upgraded its rating. Their new recommendation was “a Buy” for UPWK stock which previously was a “a Hold”.
Analyzing UPWK Stock Performance
During the last five days, there has been a surge of approximately 9.00%. Over the course of the year, Upwork Inc shares have dropped approximately -17.74%. Shares of the company reached a 52-week high of $18.08 on 02/19/25 and a 52-week low of $12.32 on 03/13/25. A 50-day SMA is recorded $15.41, while a 200-day SMA reached $13.04.
Support And Resistance Levels for Upwork Inc (UPWK)
According to the 24-hour chart, there is a support level at 13.13, which, if violated, would cause prices to drop to 12.80. In the upper region, resistance lies at 13.73. The next price resistance is at 14.00. RSI (Relative Strength Index) is 39.98 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.30, which suggests the price will decrease in the coming days. Percent R is at 68.52%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
