Why insider trading matters?

Numerous studies have examined whether there is evidence that U.S. insiders systematically trade on private information despite the legal deterrence. The consensus appears to be that insider purchases (but not sales) tend to be followed by positive abnormal stock price performance, particularly for small growth stocks.

- Prof. B. Espen Eckbo, Dartmouth College
Upwork Inc. (UPWK)
Sector: Industrials; Industry: Staffing & Employment Services

Upwork Inc. operates an online talent marketplace that enables businesses (clients) to find and work with various independent professionals and agencies (freelancers) in the United States, India, the Philippines, and internationally. The company's platform provides access to talent with approximately 8,000 skills across approximately 70 categories, including content marketing, customer service, data science and analytics, graphic design, mobile development, sales, and web development. Its platform also enables clients to streamline workflows, such as talent sourcing, outreach, and contracting. Upwork Inc. was incorporated in 2013 and is headquartered in Santa Clara, California.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2021-03-18 Brown Hayden President & CEO Sell 31,797 $45.13 $1,435,094 Yes
2021-03-04 Brown Hayden President & CEO Sell 260,000 $44.50 $11,569,021 Yes
2021-02-19 Gilpin Eric Senior VP, Sales Sell 3,389 $53.78 $182,265 Yes
2021-01-20 Brown Hayden President & CEO Sell 1,067 $40.27 $42,969 Yes
2020-12-18 Brown Hayden President & CEO Sell 29,592 $39.81 $1,178,097 Yes
2020-11-23 NELSON ELIZABETH A Director Sell 41,674 $35.15 $1,464,929 Yes
2020-11-20 Gilpin Eric Senior VP, Sales Sell 6,735 $34.92 $235,164 Yes
2020-11-10 Gilpin Eric Senior VP, Sales Sell 100,000 $28.36 $2,836,172 Yes
2020-10-19 Brown Hayden President & CEO Sell 1,314 $20.65 $27,134 Yes
2020-09-18 Brown Hayden President & CEO Sell 30,558 $15.17 $463,510 Yes
2020-08-20 Gilpin Eric Senior VP, Sales Sell 6,735 $15.02 $101,165 Yes
2020-08-11 GRETSCH GREGORY C. Director Buy 547,844 $14.71 $8,059,232 No
2020-08-06 Gilpin Eric Senior VP, Sales Sell 3,455 $14.08 $48,658 No
2020-08-07 Srinivasan Leela Director Sell 5,975 $14.49 $86,566 No
2020-07-20 Brown Hayden President & CEO Sell 1,287 $14.67 $18,883 Yes
2020-06-18 Brown Hayden President & CEO Sell 23,858 $11.92 $284,294 Yes
2020-05-19 Gilpin Eric Senior VP, Sales Sell 3,279 $12.60 $41,329 Yes
2020-05-11 GRETSCH GREGORY C. Director Buy 542,996 $9.95 $5,403,085 No
2020-04-20 Brown Hayden President & CEO Sell 895 $7.72 $6,908 Yes
2020-03-18 Brown Hayden President & CEO Sell 23,326 $5.64 $131,521 Yes
2020-03-05 GRETSCH GREGORY C. Director Buy 150,000 $8.04 $1,205,610 No
2020-03-05 LAYTON THOMAS Chairman Buy 125,000 $8.09 $1,010,960 No
2020-03-02 Kasriel Stephane Director Sell 73,718 $8.67 $638,867 Yes
2020-03-02 Brown Hayden President & CEO Sell 3,116 $8.43 $26,267 Yes
2020-03-02 Kinion Brian K Chief Financial Officer Sell 2,397 $8.43 $20,206 Yes
2020-01-21 Brown Hayden President and CEO Sell 1,123 $9.95 $11,169 Yes
2019-12-18 Brown Hayden Chief Marketing & Product Ofcr Sell 1,380 $10.82 $14,932 Yes
2019-12-17 Kasriel Stephane President & CEO Sell 60,000 $10.57 $634,446 Yes
2019-11-19 Kasriel Stephane President & CEO Sell 60,000 $11.70 $702,294 Yes
2019-11-18 Yuan Han-Shen SVP, Engineering Sell 9,578 $12.00 $114,940 Yes

Insider Smart

PROSPECT CAPITAL CORP (PSEC) - PSEC is the 2nd most bought stock of the past 90 days by insiders, CEO seems very confident about the company.

Insider Smart

Upwork Inc (UPWK) - GRETSCH GREGORY C. Director of Upwork, made a bulk buy of 500K shares right before the big gap up, which is also the largest buy of the past 12 months.