Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Udemy Inc shares valued at $145,625 were sold by Hiles Heather on Feb 19 ’25. At $9.81 per share, Hiles Heather sold 14,840 shares. The insider’s holdings dropped to 42,667 shares worth approximately $0.41 million following the completion of this transaction.
Also, Bali Eren sold 69,482 shares, netting a total of over 625,498 in proceeds. Following the sale of shares at $9.00 each, the insider now holds 2,156,050 shares.
Before that, HEATHER HILES had added 14,840 shares to its account. In a trade valued at $145,625, the Director bought Udemy Inc shares for $9.81 each.
As published in their initiating research note from Scotiabank on December 05, 2024, Udemy Inc [UDMY] has been a Sector outperform and the price target has been revised to $10. Analysts at Morgan Stanley downgraded the stock from ‘”an Equal-weight”‘ to ‘”an Underweight”‘ outlook in a report released in late September. As of August 08, 2024, Canaccord Genuity has initiated its “Buy” rating for UDMY. Earlier on August 01, 2024, BofA Securities downgraded its rating. Their new recommendation was “a Neutral” for UDMY stock which previously was a “a Buy”.
Analyzing UDMY Stock Performance
During the last five days, there has been a drop of approximately -2.04%. Over the course of the year, Udemy Inc shares have jumped approximately 16.65%. Shares of the company reached a 52-week high of $10.61 on 02/14/25 and a 52-week low of $7.13 on 01/23/25. A 50-day SMA is recorded $8.30, while a 200-day SMA reached $8.26. Nevertheless, trading volume fell to 0.93 million shares from 1.9 million shares the previous day.
Support And Resistance Levels for Udemy Inc (UDMY)
According to the 24-hour chart, there is a support level at 9.52, which, if violated, would cause prices to drop to 9.45. In the upper region, resistance lies at 9.73. The next price resistance is at 9.87. RSI (Relative Strength Index) is 64.31 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.66, which suggests the price will decrease in the coming days. Percent R is at 31.76%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.