Upwork (UPWK) Posts A Profit Beat, But Cuts Its Growth Outlook
On August 10, Upwork (NASDAQ:UPWK) reported second-quarter 2026 results that beat its own targets on profit even as the freelance marketplace confronts a shrinking core business.
| No. | Hedge Fund | Shares | Value | Activity | % Port |
|---|---|---|---|---|---|
| 1. | 63,286,000 | $62,849,720 | +19% | 1.9% | |
| 2. | Ancient Art (Teton Capital) Quincy Lee | 7,228,530 | $60,430,511 | +22% | 12.35% |
| 3. | 25,558,000 | $25,366,309 | +96% | 0.33% | |
| 4. | Invenomic Capital Management Ali Motamed | 2,406,922 | $20,121,868 | +26% | 1.2% |
| 5. | Millennium Management Israel Englander | 1,853,448 | $15,494,825 | +80% | 0.01% |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $16.32 | 4,478 | $73,096.19 | 813,992 | 2022-05-12 | Filing | |
| $16.32 | 61,350 | $1,000,931.39 | 809,514 | 2022-05-12 | Filing | |
| $14.03 | 100,000 | $1,402,990.00 | 716,795 | 2020-08-11 | Filing | |
| $14.95 | 221,900 | $3,317,493.76 | 959,272 | 2020-08-10 | Filing | |
| $14.90 | 25,944 | $386,487.77 | 25,944 | 2020-08-07 | Filing |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $8.43 | 50,000 | $421,355.00 | 771,076 | 2026-08-18 | Filing | |
| $8.43 | 23,241 | $195,821.69 | 821,076 | 2026-08-18 | Filing | |
| $8.43 | 22,844 | $192,476.69 | 364,789 | 2026-08-18 | Filing | |
| $8.43 | 1,964 | $16,548.07 | 7,214 | 2026-08-18 | Filing | |
| $9.06 | 558 | $5,052.91 | 4,063 | 2026-07-18 | Filing |
| No. | Name | Shares | Value | % Port |
|---|---|---|---|---|
| 1. | 19,259,723 | $161,011,284 | 0% | |
| 2. | 79,023,000 | $78,232,751 | 2.28% | |
| 3. | 75,000,000 | $74,770,318 | 1.05% | |
| 4. | 7,898,745 | $66,033,508 | 0% | |
| 5. | 5,313,767 | $44,423,092 | 0% |