Upwork Inc (NASDAQ: UPWK) is -4.04% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The UPWK stock was last observed hovering at around $15.49 in the last trading session, with the day’s gains setting it 0.2%.
Currently trading at $15.69, the stock is -3.35% and 9.54% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.01 million and changing 1.29% at the moment leaves the stock 12.73% off its SMA200. UPWK registered 45.55% gain for a year compared to 6-month loss of -6.77%. The firm has a 50-day simple moving average (SMA 50) of $14.2788 and a 200-day simple moving average (SMA200) of $13.88665.
The stock witnessed a 17.88% gain in the last 1 month and extending the period to 3 months gives it a 6.59%, and is -0.38% down 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 1.16% over the week and 4.17% over the month.
Upwork Inc (UPWK) has around 600 employees, a market worth around $2.06B and $771.09M in sales. Current P/E ratio is 9.41 and Fwd P/E is 12.09. Profit margin for the company is 30.46%. Distance from 52-week low is 86.23% and -13.51% from its 52-week high. The company has generated returns on investments over the last 12 months (24.39%).
with sales reaching $187.56M over the same period.The EPS is expected to grow by 11.43% this year, but quarterly earnings will post -1.84% year-over-year. Quarterly sales are estimated to shrink -2.88% in year-over-year returns.
Upwork Inc (UPWK) Top Institutional Holders
378.0 institutions hold shares in Upwork Inc (UPWK), with institutional investors hold 97.91% of the company’s shares. The shares outstanding are 134.05M, and float is at 119.67M with Short Float at 9.07%. Institutions hold 90.44% of the Float.
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
The most recent transaction is an insider sale by Bottoms Dave, the company’s GM, Marketplace. SEC filings show that Bottoms Dave sold 1,620 shares of the company’s common stock on May 20 ’25 at a price of $16.41 per share for a total of $26583.0. Following the sale, the insider now owns 0.0 shares.
Upwork Inc disclosed in a document filed with the SEC on May 20 ’25 that Marie Olivier (Chief Accounting Officer) sold a total of 1,655 shares of the company’s common stock. The trade occurred on May 20 ’25 and was made at $16.41 per share for $27151.0. Following the transaction, the insider now directly holds 1294.0 shares of the UPWK stock.
Still, SEC filings show that on May 20 ’25, DAVID BOTTOMS (Officer) Proposed Sale 1,620 shares at an average price of $16.55 for $26811.0. The insider now directly holds shares of Upwork Inc (UPWK).
