Upwork Inc (NASDAQ: UPWK) is 6.42% 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 $16.88 in the last trading session, with the day’s gains setting it 0.52%.
Currently trading at $17.40, the stock is 24.62% and 28.16% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.79 million and changing 3.08% at the moment leaves the stock 28.69% off its SMA200. UPWK registered 45.97% gain for a year compared to 6-month loss of 19.34%.
The stock witnessed a 37.77% gain in the last 1 month and extending the period to 3 months gives it a 10.48%, and is 30.63% 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 5.59% over the week and 3.68% over the month.
Upwork Inc (UPWK) has around 600 employees, a market worth around $2.29B and $771.09M in sales. Current P/E ratio is 10.43 and Fwd P/E is 13.41. Profit margin for the company is 30.46%. Distance from 52-week low is 106.53% and -4.08% from its 52-week high. The company has generated returns on investments over the last 12 months (24.39%).
The EPS is expected to grow by 11.43% this year.
Upwork Inc (UPWK) Top Institutional Holders
The shares outstanding are 134.05M, and float is at 119.05M with Short Float at 9.86%.
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 12.425% 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 7.5534 of the shares outstanding. The other top investors are ANCIENT ART, L.P. which holds 7.34 million shares representing 5.5842% 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
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Still, SEC filings show that on May 07 ’25, Brown Hayden (President & CEO) disposed off 40,000 shares at an average price of $15.92 for $0.64 million. The insider now directly holds 1,183,741 shares of Upwork Inc (UPWK).
