Udemy Inc’s filing revealed that its Director Hiles Heather unloaded Company’s shares for reported $0.15 million on Feb 19 ’25. In the deal valued at $9.81 per share,14,840 shares were sold. As a result of this transaction, Hiles Heather now holds 42,667 shares worth roughly $0.41 million.
Then, Bali Eren sold 69,482 shares, generating $625,498 in total proceeds. Upon selling the shares at $9.00, the Chief Technology Officer now owns 2,156,050 shares.
Before that, HEATHER HILES bought 14,840 shares. Udemy Inc shares valued at $145,625 were divested by the Director at a price of $9.81 per share.
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 Friday, Udemy Inc [NASDAQ:UDMY] saw its stock fall -0.92% to $9.69. Over the last five days, the stock has lost -3.20%. Udemy Inc shares have risen nearly 17.74% since the year began. Nevertheless, the stocks have fallen -9.01% over the past one year. While a 52-week high of $11.65 was reached on 02/14/25, a 52-week low of $6.67 was recorded on 01/23/25. SMA at 50 days reached $8.22, 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 9.47, which if violated will result in even more drops to 9.24. On the upside, there is a resistance level at 9.88. A further resistance level may holdings at 10.06. The Relative Strength Index (RSI) on the 14-day chart is 69.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.14, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 27.30%. Stochastics %K at 74.82% indicates the stock is a holding.
