Yahoo Finanza Insider Sale: CFO Sarah Blanchard Sells 45,000 Shares of Udemy Inc (UDMY)
On May 22, 2024, Sarah Blanchard, the Chief Financial Officer of Udemy Inc (NASDAQ:UDMY), executed a significant transaction by selling 45,000 shares of the company. The sale was documented in a recent SEC Filing. This transaction is part of a broader pattern observed over the past year, where the insider has sold a total of 163,164 shares and made no purchases.
Udemy Inc (NASDAQ:UDMY) is an online learning and teaching marketplace with over 155,000 courses and 40 million learners worldwide. The platform allows experts to develop courses on a variety of subjects, which can then be accessed by individuals aiming to learn new skills or improve existing ones, at their own pace and schedule.
On the date of the transaction, shares of Udemy Inc were priced at $9.53. This pricing places the company's market cap at approximately $1.45 billion. The sale by the insider aligns with a broader trend within the company, where there have been 56 insider sells and only 2 insider buys over the past year.
The current stock price relative to the GF Value of $13.88 suggests a price-to-GF-Value ratio of 0.69, indicating that the stock might be undervalued. The GF Value is a proprietary measure used to determine the fair value of a stock, based on historical trading multiples, an adjustment factor from the company's past performance, and expected future business outcomes.
The insider's recent sale could be interpreted in various ways; however, it is essential to consider the broader context of the company's valuation and insider activity. The following image provides a visual representation of Udemy Inc's GF Value:
Investors and stakeholders in Udemy Inc (NASDAQ:UDMY) may want to keep an eye on insider transactions and broader market trends to better understand the potential implications of such activities on their investments.
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.
This article first appeared on GuruFocus.
