Udemy, Inc. $UDMY Stock Position Lifted by Vanguard Group Inc.

Vanguard Group Inc. raised its stake in Udemy, Inc. (NASDAQ:UDMY) by 12.2% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 10,663,298 shares of the company’s stock after buying an additional 1,156,006 shares during the quarter. Vanguard Group Inc. owned 7.17% of Udemy worth $82,747,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. XTX Topco Ltd purchased a new position in shares of Udemy during the 1st quarter valued at $314,000. Federated Hermes Inc. grew its stake in Udemy by 0.6% in the first quarter. Federated Hermes Inc. now owns 1,380,278 shares of the company’s stock valued at $10,711,000 after purchasing an additional 7,685 shares in the last quarter. Mackenzie Financial Corp purchased a new position in Udemy in the first quarter valued at about $1,186,000. Y Intercept Hong Kong Ltd increased its position in Udemy by 482.0% in the 1st quarter. Y Intercept Hong Kong Ltd now owns 113,394 shares of the company’s stock worth $880,000 after purchasing an additional 93,911 shares during the last quarter. Finally, CWM LLC increased its position in Udemy by 1,189.4% in the 1st quarter. CWM LLC now owns 13,371 shares of the company’s stock worth $104,000 after purchasing an additional 12,334 shares during the last quarter. Institutional investors and hedge funds own 79.48% of the company’s stock.

Insider Buying and Selling at Udemy

In other news, CFO Sarah Blanchard sold 25,000 shares of the business’s stock in a transaction that occurred on Friday, June 13th. The stock was sold at an average price of $6.99, for a total transaction of $174,750.00. Following the sale, the chief financial officer directly owned 1,077,097 shares in the company, valued at approximately $7,528,908.03. The trade was a 2.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 2.10% of the company’s stock.

Udemy Stock Performance

NASDAQ:UDMY opened at $7.05 on Friday. The firm’s 50-day moving average is $7.01 and its 200-day moving average is $7.43. The company has a market cap of $1.06 billion, a price-to-earnings ratio of -33.57 and a beta of 1.78. Udemy, Inc. has a 52-week low of $5.68 and a 52-week high of $10.61.

Udemy (NASDAQ:UDMY) last released its earnings results on Wednesday, July 30th. The company reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.04. Udemy had a negative return on equity of 5.19% and a negative net margin of 3.85%.The business had revenue of $199.88 million for the quarter, compared to the consensus estimate of $196.74 million. During the same period last year, the business earned ($0.04) earnings per share. The firm’s revenue for the quarter was up 2.8% compared to the same quarter last year. Udemy has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities analysts predict that Udemy, Inc. will post -0.09 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Cantor Fitzgerald lifted their price target on Udemy from $9.00 to $10.00 and gave the company an “overweight” rating in a report on Thursday, July 31st. Needham & Company LLC reiterated a “buy” rating and issued a $11.00 target price on shares of Udemy in a research note on Thursday, July 31st. Robert W. Baird dropped their price target on shares of Udemy from $13.00 to $11.00 and set an “outperform” rating on the stock in a research note on Thursday, May 1st. Morgan Stanley upgraded shares of Udemy from an “underweight” rating to an “equal weight” rating and raised their price target for the company from $7.00 to $9.00 in a report on Thursday, June 5th. Finally, Wall Street Zen upgraded shares of Udemy from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 2nd. Five investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Udemy has a consensus rating of “Moderate Buy” and an average price target of $9.75.

Udemy Profile

Udemy, Inc, a learning company, that operates a marketplace platform for learning skills in the United States and internationally. The company offers skill acquisition, development, and validation courses for organizations and individuals, through direct-to-consumer or Udemy Business offerings in various languages.