UDMY CEO Hugo Sarrazin buys 36,980 shares for $256,719.03 over two days; holdings surge to 47.6K (+348.9%)
Sarrazin Hugo, President and CEO of Udemy, Inc., executed 2 purchases totaling 36,980 shares for $256,719.03 at an average price of $6.94 on May 20–21, 2025. This substantially increases his stake from 10,600 to 47,580 shares (+348.9% vs pre-transaction holdings). The stock currently trades at $6.83, placing it -32.4% from its 52-week high of $10.10, having declined 30.2% over the past 90 days despite a recent +9.8% rebound in the past month. Udemy reported a net loss of $1.8M in the latest quarter despite revenue of $200.3M and annual growth of 7.9%, indicating the company remains unprofitable. The rapid accumulation by the CEO at depressed valuations, following three prior purchases at this ticker within the preceding week, warrants attention to whether he is responding to temporary market dislocation or material business developments not yet public.