Upwork Inc (NASDAQ: UPWK) is 6.67% higher on its value in year-to-date trading and has touched a low of $8.43 and a high of $18.14 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The UPWK stock was last observed hovering at around $16.87 in the last trading session, with the day’s gains setting it 0.57%.
Currently trading at $17.44, the stock is 8.21% and 6.37% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.21 million and changing 3.38% at the moment leaves the stock 36.62% off its SMA200. UPWK registered 25.69% gain for a year compared to 6-month gain of 78.32%.
The stock witnessed a 3.26% loss in the last 1 month and extending the period to 3 months gives it a 15.50%, and is 14.51% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.98% over the week and 5.20% over the month.
Upwork Inc (UPWK) has around 600 employees, a market worth around $2.36B and $769.33M in sales. Current P/E ratio is 11.38 and Fwd P/E is 13.27. Profit margin for the company is 28.02%. Distance from 52-week low is 107.00% and -3.86% from its 52-week high. The company has generated returns on investments over the last 12 months (22.86%).
The EPS is expected to grow by 5.63% this year
The shares outstanding are 135.35M, and float is at 122.36M with Short Float at 8.05%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 16.33 million shares valued at $175.56 million. The investor’s holdings represent 11.9766 of the UPWK Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 9.93 million shares valued at $106.72 million to account for 7.2808 of the shares outstanding. The other top investors are ANCIENT ART, L.P. which holds 7.34 million shares representing 5.3827 and valued at over $78.9 million, while BAILLIE GIFFORD & CO holds 2.7519 of the shares totaling 3.62 million with a market value of $38.88 million.
Upwork Inc (UPWK) Insider Activity
The most recent transaction is an insider sale by Marie Olivier, the company’s Chief Accounting Officer. SEC filings show that Marie Olivier sold 1,546 shares of the company’s common stock on Feb 19 ’25 at a price of $17.71 per share for a total of $27377.0. Following the sale, the insider now owns 1294.0 shares.
Upwork Inc disclosed in a document filed with the SEC on Feb 18 ’25 that Marie Olivier (Chief Accounting Officer) sold a total of 1,081 shares of the company’s common stock. The trade occurred on Feb 18 ’25 and was made at $16.15 per share for $17461.0. Following the transaction, the insider now directly holds 2840.0 shares of the UPWK stock.
Still, SEC filings show that on Feb 14 ’25, Marie Olivier (Chief Accounting Officer) disposed off 335 shares at an average price of $16.48 for $5521.0. The insider now directly holds 1,294 shares of Upwork Inc (UPWK).
