<div id="readability-page-1"><p>Corient Private Wealth LLC decreased its holdings in shares of  Upwork Inc. (NASDAQ:UPWK - Free Report) by 43.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 80,210 shares of the company's stock after selling 60,573 shares during the period. Corient Private Wealth LLC owned about 0.06% of Upwork worth $1,078,000 as of its most recent SEC filing.</p><ul><li>MarketBeat Week in Review – 12/15 - 12/19</li></ul><p>A number of other institutional investors and hedge funds also recently modified their holdings of the business. Elevation Point Wealth Partners LLC acquired a new position in shares of  Upwork in the 2nd quarter valued at about $30,000.  LRI Investments LLC boosted its stake in  Upwork by 415.9% in the second quarter. LRI Investments LLC now owns 2,528 shares of the company's stock valued at $34,000 after acquiring an additional 2,038 shares during the period.  EMC Capital Management acquired a new position in  Upwork in the second quarter valued at approximately $45,000.  EverSource Wealth Advisors LLC grew its holdings in shares of  Upwork by 19,361.1% during the second quarter. EverSource Wealth Advisors LLC now owns 3,503 shares of the company's stock valued at $47,000 after purchasing an additional 3,485 shares during the last quarter.  Finally, Alpine Global Management LLC acquired a new stake in shares of  Upwork during the 1st quarter worth approximately $130,000. 77.71% of the stock is owned by institutional investors and hedge funds. </p><h2>Wall Street Analysts Forecast Growth</h2><p>A number of research firms recently issued reports on UPWK. Needham &amp; Company LLC  restated a &#34;buy&#34; rating and set a $25.00 price objective on shares of Upwork in a research report on Wednesday, November 19th. Roth Capital  reiterated a &#34;buy&#34; rating and issued a $22.00 target price (up from $19.00) on shares of Upwork in a research note on Wednesday, November 5th. Citigroup  restated a &#34;market outperform&#34; rating on shares of Upwork in a research report on Wednesday, November 19th. Canaccord Genuity Group increased their price objective on shares of Upwork from $22.00 to $24.00 and gave the stock a &#34;buy&#34; rating in a report on Wednesday, November 19th. Finally, UBS Group lifted their price objective on shares of Upwork from $23.00 to $24.00 and gave the company a &#34;buy&#34; rating in a research report on Wednesday, November 19th. Ten research analysts have rated the stock with a Buy rating and four have issued  a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $22.92.</p><ul><li>Can Upwork Maintain Its Comeback? Reasons to Be Bullish and Bearish</li></ul><p><b>View Our Latest Research Report on Upwork</b></p><h2>Insider Transactions at Upwork</h2><p>In other news, CEO Hayden Brown sold 275,000 shares of the firm's stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of $19.43, for a total transaction of $5,343,250.00. Following the completion of the transaction, the chief executive officer owned 697,894 shares in the company, valued at approximately $13,560,080.42. This trade represents a 28.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Gary Steele sold 12,500 shares of Upwork stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $17.51, for a total transaction of $218,875.00. Following the completion of the transaction, the director directly owned 85,129 shares in the company, valued at $1,490,608.79. This represents a 12.80% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 523,248 shares of company stock valued at $10,029,741 in the last three months. 7.50% of the stock is currently owned by insiders. </p><h2>Upwork Price Performance</h2><ul><li>Upwork's Stock Soars on Q3 Blowout and a New AI Blueprint</li></ul><p>Shares of NASDAQ:UPWK opened at $21.03 on Friday. The stock has a market cap of $2.75 billion, a price-to-earnings ratio of 12.02 and a beta of 1.02. Upwork Inc. has a 12 month low of $11.13 and a 12 month high of $22.32. The stock's 50 day moving average price is $18.53 and its 200 day moving average price is $16.23. </p><p>Upwork (NASDAQ:UPWK - Get Free Report) last issued its quarterly earnings results on Monday, November 3rd. The company reported $0.21 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.25 by ($0.04). Upwork had a net margin of 31.63% and a return on equity of 41.05%. The firm had revenue of $201.73 million for the quarter, compared to the consensus estimate of $193.33 million. During the same period in the previous year, the business posted $0.30 earnings per share. The business's revenue for the quarter was up 4.1% compared to the same quarter last year. Upwork has set its FY 2025 guidance at 1.350-1.370 EPS and its Q4 2025 guidance at 0.310-0.330 EPS.  On average, sell-side analysts expect that  Upwork Inc. will post 0.84 EPS for the current year. </p><p>Upwork declared that its board has initiated a stock buyback plan on Wednesday, September 3rd that authorizes the company to repurchase $100.00 million in  outstanding  shares. This repurchase authorization authorizes the company to reacquire up to 4.9% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's board believes its shares are undervalued. </p><h2>Upwork Profile</h2> (Free Report)<p>Upwork Inc operates a leading online talent marketplace that connects businesses with independent professionals worldwide. Through its digital platform, the company enables clients across industries—including technology, marketing, creative services and customer support—to source, hire and manage freelance talent on demand. Key features of the Upwork platform include streamlined job posting, proposal evaluation, time-tracking tools, invoicing and secure payment processing, all designed to simplify collaboration between clients and remote workers.  </p><p>The company traces its roots to the merger of two pioneering freelance marketplaces, Elance (founded in 1998) and oDesk (founded in 2003), which combined in 2015 to form a unified entity.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Upwork</li><li>Put $1,000 into this stock by Jan 1 [Not NVDA]</li><li>Turn your &#34;dead money&#34; into $306+ monthly (starting this month)</li><li>Washington prepares for war</li><li>Strange Crystal Metal Outperforms Silicon Up to 100X</li><li>33,000% boom from weird new “AI Fuel?”</li></ul><p><strong>Want to see what other hedge funds are holding UPWK?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Upwork Inc. (NASDAQ:UPWK - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VVBXSw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VVBXSw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Upwork Right Now?</h2><p>Before you consider Upwork, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Upwork wasn't on the list.</p><p>While Upwork currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

UPWK

<p>Corient Private Wealth LLC reduced its holdings in Upwork Inc. by 43% in Q2, selling 60,573 shares. Upwork's stock is rated "Moderate Buy" with a consensus price target of $22.92. CEO Hayden Brown sold 275,000 shares, decreasing his position by 28.27%. Upwork's stock opened at $21.03, with a market cap of $2.75 billion.</p>

Upwork Inc. $UPWK Shares Sold by Corient Private Wealth LLC