Upwork Inc’s recently made public that its GM, Marketplace Bottoms Dave unloaded Company’s shares for reported $26583.0 on May 20 ’25. In the deal valued at $16.41 per share,1,620 shares were sold. As a result of this transaction, Bottoms Dave now holds 0 shares worth roughly $0.0.
Then, Marie Olivier sold 1,655 shares, generating $27,151 in total proceeds. Upon selling the shares at $16.41, the Chief Accounting Officer now owns 1,294 shares.
Before that, DAVID BOTTOMS bought 1,620 shares. Upwork Inc shares valued at $26,811 were divested by the Officer at a price of $16.55 per share.
BTIG Research downgraded its Upwork Inc [UPWK] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Scotiabank’s analysts, who began to cover the stock in mid March with a ‘”a Sector perform”‘ rating. BTIG Research revised its rating on May 02, 2024. It rated UPWK as “a Buy” which previously was an “a Neutral”.
Price Performance Review of UPWK
On Friday, Upwork Inc [NASDAQ:UPWK] saw its stock fall -0.77% to $15.49. Over the last five days, the stock has lost -4.50%. Upwork Inc shares have fallen nearly -5.26% since the year began. Nevertheless, the stocks have risen 43.43% 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 04/07/25. SMA at 50 days reached $14.28, while 200 days put it at $13.89.
Levels Of Support And Resistance For UPWK Stock
The 24-hour chart illustrates a support level at 15.31, which if violated will result in even more drops to 15.12. On the upside, there is a resistance level at 15.63. A further resistance level may holdings at 15.76. The Relative Strength Index (RSI) on the 14-day chart is 50.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.89, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.74%. Stochastics %K at 5.36% indicates the stock is a buying.
