Udemy Inc’s recent filing unveils that its Officer EREN BALI acquired Company’s shares for reported $0.54 million on Feb 14 ’25. In the deal valued at $7.82 per share,69,482 shares were bought.
Then, NASPERS LTD sold 3,200,000 shares, generating $25,088,000 in total proceeds. Upon selling the shares at $7.84, the 10% Owner now owns 13,920,840 shares.
Before that, Brown Gregory Scott sold 10,000 shares. Udemy Inc shares valued at $87,060 were divested by the President and CEO at a price of $8.71 per share. As a result of the transaction, Brown Gregory Scott now holds 1,183,086 shares, worth roughly $11.77 million.
Scotiabank initiated its Udemy Inc [UDMY] rating to a Sector outperform in a research note published on December 05, 2024; the price target was $10. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in late September from “an Equal-weight” to “an Underweight”. Canaccord Genuity began covering UDMY with “Buy” recommendation on August 08, 2024. BofA Securities revised its rating on August 01, 2024. It rated UDMY as “a Neutral” which previously was an “a Buy”.
Price Performance Review of UDMY
On Tuesday, Udemy Inc [NASDAQ:UDMY] saw its stock fall -0.60% to $9.95. Over the last five days, the stock has gained 26.43%. Udemy Inc shares have risen nearly 20.90% since the year began. Nevertheless, the stocks have fallen -28.98% over the past one year. While a 52-week high of $12.07 was reached on 02/14/25, a 52-week low of $6.67 was recorded on 01/23/25. SMA at 50 days reached $8.11, while 200 days put it at $8.27.
Levels Of Support And Resistance For UDMY Stock
The 24-hour chart illustrates a support level at 9.40, which if violated will result in even more drops to 8.85. On the upside, there is a resistance level at 10.27. A further resistance level may holdings at 10.59. The Relative Strength Index (RSI) on the 14-day chart is 76.94, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.30, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 19.41%. Stochastics %K at 81.76% indicates the stock is a selling.
