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 $96,200 were purchased by GREGORY S BROWN on Mar 06 ’25. At $9.62 per share, GREGORY S BROWN acquired 10,000 shares.
Also, Hiles Heather sold 14,840 shares, netting a total of over 145,625 in proceeds. Following the sale of shares at $9.81 each, the insider now holds 42,667 shares.
Before that, Bali Eren had sold 69,482 shares from its account. In a trade valued at $625,498, the Chief Technology Officer traded Udemy Inc shares for $9.00 each. Upon closing the transaction, the insider’s holdings decreased to 69,482 shares, worth approximately $20.18 million.
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 -2.50%. Over the course of the year, Udemy Inc shares have jumped approximately 13.73%. 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 $8.45, while a 200-day SMA reached $8.25.
Support And Resistance Levels for Udemy Inc (UDMY)
According to the 24-hour chart, there is a support level at 9.20, which, if violated, would cause prices to drop to 9.04. In the upper region, resistance lies at 9.58. The next price resistance is at 9.81. RSI (Relative Strength Index) is 56.88 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.21, which suggests the price will decrease in the coming days. Percent R is at 51.87%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
