On November 6, 2024, Eren Bali, Chief Technology Officer of Udemy Inc (UDMY, Financial), sold 35,518 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now owns 2,225,532 shares of Udemy Inc.
Udemy Inc operates as an online learning and teaching marketplace, offering courses in various categories such as business, technology, and personal development among others. The platform allows experts to create and share paid courses, helping individuals advance their careers or pursue their personal passions.
Over the past year, Eren Bali has sold a total of 144,706 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend observed at Udemy Inc, where insider transactions have predominantly been sales. In the past year, there have been 32 insider sales and only 2 insider buys.
On the date of the recent sale, shares of Udemy Inc were trading at $9, valuing the company with a market cap of approximately $1.297 billion. The stock's valuation metrics include a price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow.
According to the GF Value, the intrinsic value of Udemy Inc is estimated at $12.85 per share, suggesting that the stock might be undervalued. The current price-to-GF-Value ratio stands at 0.7, indicating that the stock could be a possible value trap and warrants caution before investment.
This sale by Eren Bali might be of interest to investors tracking insider behaviors as an indicator of the company's future prospects and valuation.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
