In a filing, Nerdy Inc revealed its Chief Legal Officer Swenson Christopher C. unloaded Company’s shares for reported $74000.0 on Mar 18 ’24. In the deal valued at $2.96 per share,25,000 shares were sold. As a result of this transaction, Swenson Christopher C. now holds 1,233,248 shares worth roughly $3.71 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Cohn Charles K. bought 75,000 shares, generating $224,250 in total proceeds. Upon buying the shares at $2.99, the Chief Executive Officer now owns 260,704 shares.
Before that, Cohn Charles K. bought 75,000 shares. Nerdy Inc shares valued at $213,000 were divested by the Chief Executive Officer at a price of $2.84 per share. As a result of the transaction, Cohn Charles K. now holds 223,204 shares, worth roughly $0.67 million.
Goldman revised its rating on May 17, 2022. It rated NRDY as “a Neutral” which previously was an “a Buy”.
Price Performance Review of NRDY
On Monday, Nerdy Inc [NYSE:NRDY] saw its stock jump 2.73% to $3.01. Over the last five days, the stock has gained 2.73%. Nerdy Inc shares have fallen nearly -12.24% since the year began. Nevertheless, the stocks have fallen -19.73% over the past one year. While a 52-week high of $5.37 was reached on 02/12/24, a 52-week low of $2.31 was recorded on 02/28/24. SMA at 50 days reached $3.07, while 200 days put it at $3.54. A total of 0.92 million shares were traded, compared to the trading of 2.23 million shares in the previous session.
Levels Of Support And Resistance For NRDY Stock
The 24-hour chart illustrates a support level at 2.94, which if violated will result in even more drops to 2.88. On the upside, there is a resistance level at 3.06. A further resistance level may holdings at 3.12. The Relative Strength Index (RSI) on the 14-day chart is 50.62, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 41.54%. Stochastics %K at 60.51% indicates the stock is a holding.
How much short interest is there in Nerdy Inc?
A steep rise in short interest was recorded in Nerdy Inc stocks on Feb 29, 2024, growing by 0.81 million shares to a total of 3.84 million shares. Yahoo Finance data shows the prior-month short interest on Jan 31, 2024 was 3.03 million shares. There was a rise of 21.09%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 5.17% of the overall stock float, the days-to-cover ratio (short ratio) rose to 3.44.
The most recent change occurred on March 30, 2022 when Cantor Fitzgerald began covering the stock and recommended ‘”an Overweight”‘ rating along with a $7 price target.
