Udemy Inc (NASDAQ: UDMY) is -8.99% lower on its value in year-to-date trading and has touched a low of $6.67 and a high of $14.74 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The UDMY stock was last observed hovering at around $7.44 in the last trading session, with the day’s gains setting it 0.05%.
Currently trading at $7.49, the stock is -8.74% and -8.32% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.26 million and changing 0.67% at the moment leaves the stock -11.49% off its SMA200. UDMY registered -45.92% loss for a year compared to 6-month loss of -13.61%. The firm has a 50-day simple moving average (SMA 50) of $8.1976 and a 200-day simple moving average (SMA200) of $8.47715.
The stock witnessed a -3.48% gain in the last 1 month and extending the period to 3 months gives it a -9.87%, and is -12.40% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.84% over the week and 3.69% over the month.
Udemy Inc (UDMY) has around 1443 employees, a market worth around $1.09B and $776.17M in sales. Fwd P/E is 20.12. Profit margin for the company is -12.33%. Distance from 52-week low is 12.29% and -49.19% from its 52-week high. The company has generated returns on investments over the last 12 months (-46.97%).
with sales reaching $194.77M over the same period.The EPS is expected to grow by 1077.78% this year, but quarterly earnings will post 7.19% year-over-year. Quarterly sales are estimated to grow 2.75% in year-over-year returns.
194.0 institutions hold shares in Udemy Inc (UDMY), with institutional investors hold 89.26% of the company’s shares. The shares outstanding are 146.69M, and float is at 73.93M with Short Float at 9.21%. Institutions hold 86.21% of the Float.
The top institutional shareholder in the company is INSIGHT HOLDINGS GROUP, LLC with over 38.03 million shares valued at $328.22 million. The investor’s holdings represent 24.2908 of the UDMY Shares outstanding. As of 2024-06-30, the second largest holder is NASPERS LTD with 17.12 million shares valued at $147.75 million to account for 10.9349 of the shares outstanding. The other top investors are CALEDONIA (PRIVATE) INVESTMENTS PTY LTD which holds 11.27 million shares representing 7.1984 and valued at over $97.27 million, while VANGUARD GROUP INC holds 6.226 of the shares totaling 9.75 million with a market value of $84.13 million.
Udemy Inc (UDMY) Insider Activity
The most recent transaction is an insider sale by NASPERS LTD, the company’s 10% Owner. SEC filings show that NASPERS LTD sold 3,200,000 shares of the company’s common stock on Jan 21 ’25 at a price of $7.84 per share for a total of $25.09 million. Following the sale, the insider now owns 13.92 million shares.
Udemy Inc disclosed in a document filed with the SEC on Dec 06 ’24 that Brown Gregory Scott (President and CEO) sold a total of 10,000 shares of the company’s common stock. The trade occurred on Dec 06 ’24 and was made at $8.71 per share for $87060.0. Following the transaction, the insider now directly holds 1.18 million shares of the UDMY stock.
Still, SEC filings show that on Dec 06 ’24, GREGORY S BROWN (Director) Proposed Sale 10,000 shares at an average price of $8.58 for $85800.0. The insider now directly holds shares of Udemy Inc (UDMY).
