Nerdwallet Inc’s recent filing unveils that its VP, General Manager YOUNT SAMUEL unloaded Company’s shares for reported $60050.0 on Aug 19 ’24. In the deal valued at $12.01 per share,5,000 shares were sold. As a result of this transaction, YOUNT SAMUEL now holds 2,329,471 shares worth roughly $25.67 million.
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Then, YOUNT SAMUEL sold 7,500 shares, generating $112,800 in total proceeds. Upon selling the shares at $15.04, the VP, General Manager now owns 2,334,471 shares.
Before that, YOUNT SAMUEL sold 5,000 shares. Nerdwallet Inc shares valued at $73,300 were divested by the VP, General Manager at a price of $14.66 per share. As a result of the transaction, YOUNT SAMUEL now holds 2,341,971 shares, worth roughly $25.81 million.
Citigroup downgraded its Nerdwallet Inc [NRDS] rating to a Neutral from a a Buy in a research note published on May 03, 2023; the price target was decreased to $14 from $15. A number of analysts have revised their coverage, including William Blair’s analysts, who began to cover the stock in late November with a ‘”an Outperform”‘ rating. Truist began covering NRDS with “Buy” recommendation on November 29, 2021. Oppenheimer started covering the stock on November 29, 2021. It rated NRDS as “an Outperform”.
Price Performance Review of NRDS
On Tuesday, Nerdwallet Inc [NASDAQ:NRDS] saw its stock fall -9.08% to $11.02. Over the last five days, the stock has lost -9.52%. Nerdwallet Inc shares have fallen nearly -25.14% since the year began. Nevertheless, the stocks have risen 52.42% over the past one year. While a 52-week high of $17.30 was reached on 02/27/24, a 52-week low of $6.38 was recorded on 08/05/24. SMA at 50 days reached $12.37, while 200 days put it at $13.97.
Levels Of Support And Resistance For NRDS Stock
The 24-hour chart illustrates a support level at 10.58, which if violated will result in even more drops to 10.14. On the upside, there is a resistance level at 11.81. A further resistance level may holdings at 12.60. The Relative Strength Index (RSI) on the 14-day chart is 35.02, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.33, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.65%. Stochastics %K at 39.00% indicates the stock is a holding.
How much short interest is there in Nerdwallet Inc?
A steep rise in short interest was recorded in Nerdwallet Inc stocks on 2024-09-30, growing by 1.88 million shares to a total of 3.56 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 1.68 million shares. There was a rise of 52.83%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on November 29, 2021 when Morgan Stanley began covering the stock and recommended ‘”an Equal-weight”‘ rating along with a $24 price target.
