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 $6,768 were sold by Bali Eren on Apr 02 ’25. At $8.00 per share, Bali Eren sold 846 shares. The insider’s holdings dropped to 2,183,386 shares worth approximately $13.76 million following the completion of this transaction.
Also, Bali Eren sold 10,000 shares, netting a total of over 80,228 in proceeds. Following the sale of shares at $8.02 each, the insider now holds 2,146,050 shares.
Before that, EREN BALI had added 40,000 shares to its account. In a trade valued at $316,400, the Officer bought Udemy Inc shares for $7.91 each.
As published in a research note from Truist on April 07, 2025, Udemy Inc [UDMY] has been rated down from a Buy to a Hold and the price target has been revised to $7. Analysts at William Blair downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in mid March. As of December 05, 2024, Scotiabank has initiated its “Sector outperform” rating for UDMY. Earlier on September 27, 2024, Morgan Stanley downgraded its rating. Their new recommendation was “an Underweight” for UDMY stock which previously was a “an Equal-weight”.
Analyzing UDMY Stock Performance
During the last five days, there has been a drop of approximately -12.50%. Over the course of the year, Udemy Inc shares have dropped approximately -23.45%. Shares of the company reached a 52-week high of $10.61 on 02/14/25 and a 52-week low of $5.68 on 04/08/25. A 50-day SMA is recorded $8.37, while a 200-day SMA reached $8.15.
Support And Resistance Levels for Udemy Inc (UDMY)
According to the 24-hour chart, there is a support level at 6.10, which, if violated, would cause prices to drop to 5.90. In the upper region, resistance lies at 6.57. The next price resistance is at 6.84. RSI (Relative Strength Index) is 33.45 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.18, which suggests the price will decrease in the coming days. Percent R is at 80.87%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
