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
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
01 May 24	Sell€141,288	Eren Bali	Individual	15,000	€9.42
01 Apr 24	Sell€153,056	Eren Bali	Individual	15,000	€10.20
15 Mar 24	Sell€151,123	Eren Bali	Individual	15,000	€10.07
06 Mar 24	Sell€101,270	Gregory Brown	Individual	10,000	€10.13
20 Feb 24	Sell€69,816	Velayudhan Venugopal	Individual	6,981	€10.00
02 Jan 24	Sell€193,109	Eren Bali	Individual	15,000	€12.87

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of 7WH?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	4,992,836	3.42%
Hedge Funds	11,712,950	8.03%
General Public	15,137,181	10.4%
Public Companies	17,120,840	11.7%
VC/PE Firms	38,032,260	26.1%
Institutions	58,905,350	40.4%

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

Top Shareholders

Top 25 shareholders own 82.43% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
26.1%	Insight Venture Management, LLC	38,032,260	€291.6m	0%	15.86%
11.7%	Naspers Limited	17,120,840	€131.3m	0%	no data
8.03%	Caledonia (Private) Investments Pty Limited	11,712,950	€89.8m	3.92%	1.08%
6.6%	The Vanguard Group, Inc.	9,626,557	€73.8m	-1.25%	no data
4.75%	BlackRock, Inc.	6,926,959	€53.1m	3.41%	no data
4.42%	Greenvale Capital LP	6,455,069	€49.5m	-2.2%	4.09%
2.74%	NewView Capital Management, LLC	3,997,791	€30.7m	0%	27.95%
2.67%	Sea Cliff Partners Management, LP	3,891,552	€29.8m	4.45%	10.45%
2.13%	NVP Associates, LLC	3,114,732	€23.9m	0%	2.73%
1.66%	Invenomic Capital Management LP	2,423,522	€18.6m	-16.8%	2.61%
1.53%	Eren Bali	2,225,532	€17.1m	37.7%	no data
1.52%	Geode Capital Management, LLC	2,216,868	€17.0m	0.27%	no data
1.33%	State Street Global Advisors, Inc.	1,934,473	€14.8m	0.8%	no data
1.15%	Founders Circle Capital, LLC	1,675,981	€12.9m	0%	13.98%
0.91%	FMR LLC	1,330,060	€10.2m	2.81%	no data
0.75%	Cresset Asset Management, LLC	1,092,600	€8.4m	0.01%	0.03%
0.65%	Royce & Associates, LP	944,059	€7.2m	1.14%	0.06%
0.64%	Inflection Point Investments LLP	930,901	€7.1m	-32.8%	8.15%
0.54%	Northern Trust Global Investments	788,622	€6.0m	5.39%	no data
0.52%	Charles Schwab Investment Management, Inc.	761,920	€5.8m	3.81%	no data
0.51%	Silvercrest Asset Management Group LLC	739,683	€5.7m	-0.65%	0.04%
0.43%	Gregory Brown	630,117	€4.8m	25%	no data
0.42%	Sarah Blanchard	614,203	€4.7m	17%	no data
0.39%	Quaker Capital Investments, LLC	564,433	€4.3m	-6.87%	1.53%
0.36%	J. Goldman & Co., L.P.	518,826	€4.0m	-28.7%	0.17%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/26 12:19
End of Day Share Price	2024/12/23 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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 here.

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 .

Analyst Sources

Udemy, Inc. is covered by 19 analysts. 14 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
Nathaniel Schindler	BofA Global Research