Why insider trading matters?

When insiders buy shares on the open market, this can thus be regarded as a strong endorsement by those that know the company the best -- they are literally betting their own money on the company's future. Insider selling, however, is not necessarily meaningful in any way, as there is a range of reasons for insiders to liquidate (some) of the shares they own.

- Seeking Alpha
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
2022-02-18 Brown Hayden President & CEO Sell 12,429 $24.41 $303,453 Yes
2022-01-18 Brown Hayden President & CEO Sell 1,170 $26.54 $31,049 Yes
2021-12-20 Brown Hayden President & CEO Sell 31,041 $33.35 $1,035,205 Yes
2021-11-23 Gilpin Eric Senior VP, Sales Sell 1,744 $39.12 $68,225 No
2021-11-18 McCombs Jeff Chief Financial Officer Sell 935 $42.21 $39,464 Yes
2021-11-18 Gilpin Eric Senior VP, Sales Sell 3,501 $42.21 $147,770 Yes
2021-11-15 NELSON ELIZABETH A Director Sell 5,000 $45.78 $228,903 Yes
2021-11-17 LAYTON THOMAS Chairperson Sell 90,533 $46.12 $4,175,361 No
2021-11-10 Brown Hayden President & CEO Sell 20,000 $45.68 $913,695 Yes
2021-11-08 LAYTON THOMAS Chairperson Sell 127,951 $50.26 $6,430,804 No
2021-10-29 Gilpin Eric Senior VP, Sales Sell 3,937 $47.53 $187,112 No
2021-10-19 Brown Hayden President & CEO Sell 1,379 $57.44 $79,214 Yes
2021-09-20 Brown Hayden President & CEO Sell 32,043 $47.56 $1,524,034 Yes
2021-09-03 Srinivasan Leela Director Sell 7,200 $45.28 $325,990 No
2021-08-18 McCombs Jeff Chief Financial Officer Sell 526 $40.77 $21,446 Yes
2021-07-19 Brown Hayden President & CEO Sell 1,281 $50.17 $64,266 Yes
2021-06-23 Brown Hayden President & CEO Sell 75,917 $55.03 $4,177,591 Yes
2021-06-22 Brown Hayden President & CEO Sell 34,607 $48.74 $1,686,871 Yes
2021-06-03 NELSON ELIZABETH A Director Sell 27,952 $47.73 $1,334,216 Yes
2021-05-18 McCombs Jeff Chief Financial Officer Sell 525 $40.32 $21,168 Yes
2021-05-18 Gilpin Eric Senior VP, Sales Sell 3,315 $40.27 $133,507 Yes
2021-05-18 Brown Hayden President & CEO Sell 1,310 $40.29 $52,780 Yes
2021-05-13 Steele Gary Director Sell 7,500 $37.95 $284,627 No
2021-05-13 Brown Hayden President & CEO Sell 20,000 $38.14 $762,783 Yes
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

Insider Smart

Altimmune, Inc. (ALT) - Venrock Healthcare Capital Partners III, L.P., 10%-owner of ALT bought 1.3M shares in late May then added another 1.5M shares in June with an averaged ~$8 per share. 10 days after the accumulation, ALT price jumped to $10.

Insider Smart

Edesa Biotech, Inc. (EDSA) - President and CEO bought shares of EDSA in late May around $3, two weeks after their purchase, the stock jump to $9, very well timed buy.