Upwork Inc’s recently made public that its GM, Marketplace Bottoms Dave unloaded Company’s shares for reported $0.13 million on Mar 19 ’25. In the deal valued at $13.46 per share,9,593 shares were sold. As a result of this transaction, Bottoms Dave now holds 0 shares worth roughly $0.0.
Then, Bottoms Dave sold 5,411 shares, generating $70,717 in total proceeds. Upon selling the shares at $13.07, the GM, Marketplace now owns 9,593 shares.
Before that, Marie Olivier sold 2,587 shares. Upwork Inc shares valued at $34,829 were divested by the Chief Accounting Officer at a price of $13.46 per share. As a result of the transaction, Marie Olivier now holds 1,294 shares, worth roughly $16886.7.
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 fall -1.21% to $13.05. Over the last five days, the stock has lost -5.43%. Upwork Inc shares have fallen nearly -20.18% since the year began. Nevertheless, the stocks have risen 6.27% 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 $15.05, while 200 days put it at $13.15.
Levels Of Support And Resistance For UPWK Stock
The 24-hour chart illustrates a support level at 12.73, which if violated will result in even more drops to 12.40. On the upside, there is a resistance level at 13.27. A further resistance level may holdings at 13.48. The Relative Strength Index (RSI) on the 14-day chart is 37.00, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 57.80%. Stochastics %K at 57.03% indicates the stock is a holding.
How much short interest is there in Upwork Inc?
A steep rise in short interest was recorded in Upwork Inc stocks on 2025-03-14, growing by 1.0 million shares to a total of 12.02 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 11.02 million shares. There was a rise of 8.32%, 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.
