Udemy Inc’s recent filing unveils that its Chief Technology Officer Bali Eren unloaded Company’s shares for reported $80228.0 on Mar 14 ’25. In the deal valued at $8.02 per share,10,000 shares were sold. As a result of this transaction, Bali Eren now holds 2,146,050 shares worth roughly $16.65 million.
Then, EREN BALI bought 40,000 shares, generating $316,400 in total proceeds.
Before that, Brown Gregory Scott sold 10,000 shares. Udemy Inc shares valued at $94,317 were divested by the President and CEO at a price of $9.43 per share. As a result of the transaction, Brown Gregory Scott now holds 1,141,896 shares, worth roughly $8.86 million.
William Blair downgraded its Udemy Inc [UDMY] rating to a Mkt perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Scotiabank’s analysts, who began to cover the stock in early December with a ‘”a Sector outperform”‘ rating. Morgan Stanley also remained covering UDMY and has decreased its forecast on September 27, 2024 with a “an Underweight” recommendation from previously “an Equal-weight” rating. Canaccord Genuity started covering the stock on August 08, 2024. It rated UDMY as “a Buy”.
Price Performance Review of UDMY
On Monday, Udemy Inc [NASDAQ:UDMY] saw its stock fall -3.24% to $7.76. Over the last five days, the stock has lost -12.02%. Udemy Inc shares have fallen nearly -5.71% since the year began. Nevertheless, the stocks have fallen -29.96% over the past one year. While a 52-week high of $11.60 was reached on 02/14/25, a 52-week low of $6.67 was recorded on 01/23/25. SMA at 50 days reached $8.52, while 200 days put it at $8.21.
Levels Of Support And Resistance For UDMY Stock
The 24-hour chart illustrates a support level at 7.65, which if violated will result in even more drops to 7.55. On the upside, there is a resistance level at 7.91. A further resistance level may holdings at 8.06. The Relative Strength Index (RSI) on the 14-day chart is 34.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.31, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.85%. Stochastics %K at 24.15% indicates the stock is a holding.
How much short interest is there in Udemy Inc?
A steep rise in short interest was recorded in Udemy Inc stocks on 2025-03-14, dropping by -1.84 million shares to a total of 4.17 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 6.01 million shares. There was a decline of -44.15%, which implies that there is a negative sentiment for the stock.
