$UPWK US upgraded to +1 on Aug 12, 2020

$UPWK US upgraded to +1 on Aug 12, 2020

Upwork Inc – (+1, 12-Aug-20) – Gregory Gretsch (Director, 2014) purchased $8.1 million worth of shares on August 11th at $14.71. This purchase follows a $5.4 million timely purchase on May 11th at $9.95. Gretsch reports activity for various entities, including Sigma Partners and Martis Creek, however, his recent activity appears to be direct for his own account and family trusts. His combined direct and indirect holdings are now close to 10 million shares. We ranked this stock +N on May 13th based on his purchase at $9.95 and are now upgrading the stock from +N to +1 based on his additional purchase at a higher price point.

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