GuruFocus - On July 26, 2024, Eren Bali, Director at Udemy Inc (NASDAQ:UDMY), executed a sale of 15,000 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now owns 1,639,477 shares of Udemy Inc.
Udemy Inc operates as an online learning and teaching marketplace, offering courses in various categories such as programming, business, and personal development. The platform allows experts to create and share paid courses and provides users with access to a wide range of learning materials.
Over the past year, Eren Bali has sold a total of 169,188 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 over the past year have included 2 insider buys and 46 insider sells.
Shares of Udemy Inc were trading at $9.1 on the day of the transaction, giving the company a market cap of approximately $1.399 billion. According to the GF Value, the intrinsic value estimate for Udemy Inc is $14.02 per share, suggesting that the stock might be undervalued with a price-to-GF-Value ratio of 0.65. This valuation indicates that the stock is a Possible Value Trap, Think Twice.
The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the companys past performance and expected future business outcomes.
This insider sale might provide investors with insights into the potential valuation and future performance of Udemy Inc, considering the ongoing trends and the company's current market position.
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.
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