Udemy Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:7WH Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
19 Feb 25	Sell€139,931	Heather Hiles	Individual	14,840	€9.43
21 Jan 25	Sell€24,114,586	Naspers Limited	Company	3,200,000	€7.54
21 Aug 24	Sell€325,445	Sarah Blanchard	Individual	45,000	€7.23
01 Aug 24	Sell€6,565	Velayudhan Venugopal	Individual	1,000	€6.56
26 Jul 24	Sell€125,730	Eren Bali	Individual	15,000	€8.38
01 Jul 24	Sell€8,020	Velayudhan Venugopal	Individual	1,000	€8.02
28 Jun 24	Sell€79,331	Gregory Brown	Individual	10,000	€7.93
17 Jun 24	Sell€7,750	Velayudhan Venugopal	Individual	1,000	€7.75
12 Jun 24	Sell€125,264	Eren Bali	Individual	15,000	€8.35
22 May 24	Sell€395,786	Sarah Blanchard	Individual	45,000	€8.80
17 May 24	Sell€64,460	Velayudhan Venugopal	Individual	7,086	€9.10

Insider Trading Volume

Insider Buying: 7WH insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of 7WH?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	4,030,960	2.71%
Public Companies	13,920,840	9.36%
General Public	20,289,724	13.6%
VC/PE Firms	38,032,260	25.6%
Institutions	72,457,529	48.7%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 77.9% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
25.6%	Insight Venture Management, LLC	38,032,260	€220.6m	0%	18.14%
9.36%	Naspers Limited	13,920,840	€80.7m	-18.7%	no data
7.78%	Caledonia (Private) Investments Pty Limited	11,575,298	€67.1m	-1.18%	0.96%
6.39%	The Vanguard Group, Inc.	9,507,292	€55.1m	-1.24%	no data
4.6%	BlackRock, Inc.	6,838,124	€39.7m	1.08%	no data
2.69%	NewView Capital Management, LLC	3,997,791	€23.2m	0%	31.35%
2.52%	Greenvale Capital LP	3,741,394	€21.7m	-42%	3.14%
2.25%	Sea Cliff Partners Management, LP	3,349,839	€19.4m	-13.9%	7.99%
2.09%	NVP Associates, LLC	3,114,732	€18.1m	0%	3.41%
1.8%	Assenagon Asset Management S.A.	2,678,641	€15.5m	1,810%	0.03%
1.46%	Invenomic Capital Management LP	2,172,334	€12.6m	-10.4%	1.47%
1.46%	Geode Capital Management, LLC	2,165,050	€12.6m	-2.34%	no data
1.45%	State Street Global Advisors, Inc.	2,161,931	€12.5m	11.8%	no data
1.13%	Founders Circle Capital, LLC	1,675,981	€9.7m	0%	11.13%
0.98%	Eren Bali	1,453,350	€8.4m	-34.7%	no data
0.92%	Federated Hermes, Inc.	1,372,593	€8.0m	1,990%	0.02%
0.9%	FMR LLC	1,338,292	€7.8m	0.62%	no data
0.79%	UBS Asset Management AG	1,175,665	€6.8m	146%	no data
0.73%	Cresset Asset Management, LLC	1,092,079	€6.3m	-0.05%	0.04%
0.56%	Northern Trust Global Investments	836,920	€4.9m	6.12%	no data
0.52%	Royce & Associates, LP	779,689	€4.5m	-30.4%	0.05%
0.5%	Charles Schwab Investment Management, Inc.	742,890	€4.3m	0%	no data
0.49%	Silvercrest Asset Management Group LLC	732,447	€4.2m	-0.98%	0.03%
0.48%	Millennium Management LLC	718,205	€4.2m	0%	no data
0.46%	Gregory Brown	691,038	€4.0m	9.67%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/08 15:31
End of Day Share Price	2025/05/08 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Udemy, Inc. is covered by 17 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Jeffrey Meuler	Baird
Phillip Leytes	Berenberg
Curtis Nagle	BofA Global Research