Fed Governor Adriana Kugler to resign
Heather Hiles, a director at Udemy , Inc. (NASDAQ:UDMY), recently sold a portion of her holdings in the company. The stock, currently trading at $10.10, has shown impressive momentum with a nearly 29% return over the past week. According to a recent SEC filing, Hiles sold 14,840 shares of Udemy’s common stock on February 19, 2025. The shares were sold at a weighted average price of $9.813, with individual transaction prices ranging from $9.81 to $9.865 per share. This sale resulted in a total transaction value of approximately $145,624. Notably, while this insider sale occurred, InvestingPro data shows management has been actively buying back shares, and the company maintains strong gross profit margins of 63%. Following this transaction, Hiles retains 42,667 shares of Udemy stock. According to InvestingPro analysis, the stock is currently trading near its Fair Value, with 14 additional exclusive insights available to subscribers, including detailed profitability metrics and growth forecasts.
In other recent news, Udemy reported fourth-quarter earnings that exceeded analyst expectations, with adjusted earnings per share reaching $0.10 compared to the projected $0.06. The company’s revenue also surpassed estimates, coming in at $199.9 million, which is higher than the anticipated $194.71 million. Despite this strong performance, Udemy provided guidance for the first quarter of 2025 that fell short of expectations, forecasting revenue between $195 million and $199 million against an analyst consensus of $201.4 million. For the full year 2024, Udemy’s total revenue increased by 8% to $786.6 million, with the enterprise segment showing an 18% growth to $494.5 million, while the consumer segment saw a 5% decline to $292.1 million.
Cantor Fitzgerald analyst Brett Knoblauch reaffirmed an Overweight rating on Udemy with a price target of $11.00, highlighting the company’s strategic enhancements and strong financial position. Knoblauch noted Udemy’s agility in quickly releasing new courses, which he views as a competitive advantage in the online learning market. The analyst emphasized the company’s strong balance sheet, which he believes will help it navigate challenging periods. Udemy’s enterprise segment, Udemy Business, experienced a 13% year-over-year revenue growth in the fourth quarter, contributing to its overall positive financial results. The company ended the quarter with $355.7 million in cash and marketable securities, indicating a robust financial footing.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.