In a filing, Upwork Inc revealed its Director Srinivasan Leela unloaded Company’s shares for reported $98860.0 on Jun 05 ’25. In the deal valued at $15.16 per share,6,520 shares were sold. As a result of this transaction, Srinivasan Leela now holds 82,783 shares worth roughly $1.14 million.
Then, Srinivasan Leela sold 3,314 shares, generating $50,889 in total proceeds. Upon selling the shares at $15.36, the Director now owns 79,469 shares.
Before that, LEELA SRINIVASAN bought 3,314 shares. Upwork Inc shares valued at $50,008 were divested by the Director at a price of $15.09 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 -4.42% to $13.83. Over the last five days, the stock has lost -10.19%. Upwork Inc shares have fallen nearly -15.41% since the year began. Nevertheless, the stocks have risen 30.97% 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.
Levels Of Support And Resistance For UPWK Stock
The 24-hour chart illustrates a support level at 13.56, which if violated will result in even more drops to 13.28. On the upside, there is a resistance level at 14.25. A further resistance level may holdings at 14.67.
How much short interest is there in Upwork Inc?
A steep rise in short interest was recorded in Upwork Inc stocks on 2025-05-30, growing by 0.13 million shares to a total of 11.86 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 11.73 million shares. There was a rise of 1.09%, which implies that there is a positive sentiment for the stock.
