Udemy Inc’s recently made public that its President and CEO Sarrazin Hugo acquired Company’s shares for reported $0.16 million on May 21 ’25. In the deal valued at $6.91 per share,22,695 shares were bought. As a result of this transaction, Sarrazin Hugo now holds 47,580 shares worth roughly $0.35 million.
Then, Sarrazin Hugo bought 14,285 shares, generating $99,958 in total proceeds. Upon buying the shares at $7.00, the President and CEO now owns 24,885 shares.
Before that, Sarrazin Hugo bought 5,432 shares. Udemy Inc shares valued at $37,945 were divested by the President and CEO at a price of $6.99 per share. As a result of the transaction, Sarrazin Hugo now holds 8,832 shares, worth roughly $65003.520000000004.
Truist downgraded its Udemy Inc [UDMY] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including William Blair’s analysts, who decreased its forecast for the stock in mid March from “an Outperform” to “a Mkt perform”. Scotiabank began covering UDMY with “Sector outperform” recommendation on December 05, 2024. Morgan Stanley revised its rating on September 27, 2024. It rated UDMY as “an Underweight” which previously was an “an Equal-weight”.
Price Performance Review of UDMY
On Tuesday, Udemy Inc [NASDAQ:UDMY] saw its stock jump 7.13% to $7.36. Over the last five days, the stock has gained 5.44%. Udemy Inc shares have fallen nearly -10.57% since the year began. Nevertheless, the stocks have fallen -22.12% over the past one year. While a 52-week high of $10.61 was reached on 02/14/25, a 52-week low of $5.68 was recorded on 04/08/25. SMA at 50 days reached $7.08, while 200 days put it at $7.89.
Levels Of Support And Resistance For UDMY Stock
The 24-hour chart illustrates a support level at 7.00, which if violated will result in even more drops to 6.64. On the upside, there is a resistance level at 7.56. A further resistance level may holdings at 7.75. The Relative Strength Index (RSI) on the 14-day chart is 59.82, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 3.63%. Stochastics %K at 72.87% indicates the stock is a holding.
The most recent change occurred on August 08, 2024 when Canaccord Genuity began covering the stock and recommended ‘”a Buy”‘ rating along with a $12 price target.
