Nerdwallet Inc’s filing revealed that its Chief Business Officer YOUNT SAMUEL unloaded Company’s shares for reported $1.02 million on Dec 13 ’24. In the deal valued at $13.40 per share,76,185 shares were sold. As a result of this transaction, YOUNT SAMUEL now holds 522,656 shares worth roughly $6.96 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, YOUNT SAMUEL sold 71,341 shares, generating $955,256 in total proceeds. Upon selling the shares at $13.39, the Chief Business Officer now owns 498,862 shares.
Before that, YOUNT SAMUEL sold 100,000 shares. Nerdwallet Inc shares valued at $1,363,000 were divested by the Chief Business Officer at a price of $13.63 per share. As a result of the transaction, YOUNT SAMUEL now holds 548,066 shares, worth roughly $7.29 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 -1.19% to $13.31. Over the last five days, the stock has lost -7.83%. Nerdwallet Inc shares have fallen nearly -9.58% since the year began. Nevertheless, the stocks have fallen -6.07% over the past one year. While a 52-week high of $17.30 was reached on 02/27/24, a 52-week low of $10.10 was recorded on 08/05/24. SMA at 50 days reached $13.46, while 200 days put it at $13.63.
Levels Of Support And Resistance For NRDS Stock
The 24-hour chart illustrates a support level at 13.13, which if violated will result in even more drops to 12.94. On the upside, there is a resistance level at 13.57. A further resistance level may holdings at 13.82. The Relative Strength Index (RSI) on the 14-day chart is 44.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.43, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.58%. Stochastics %K at 18.63% indicates the stock is a buying.
How much short interest is there in Nerdwallet Inc?
A steep rise in short interest was recorded in Nerdwallet Inc stocks on 2024-11-29, dropping by -1.43 million shares to a total of 2.49 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 3.92 million shares. There was a decline of -57.46%, which implies that there is a negative 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.
