The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Nerdwallet Inc shares valued at $615,617 were purchased by The Margaret Yount Charitable on Jan 24 ’25. At $13.84 per share, The Margaret Yount Charitable acquired 44,481 shares.
Also, The Yount Revocable Trust U/A/ purchased 302,137 shares, netting a total of over 4,181,576 in proceeds.
Before that, THE SMB CHARITABLE REMAINDER T had added 44,481 shares to its account. In a trade valued at $615,617, the Officer bought Nerdwallet Inc shares for $13.84 each.
As published in a research note from Citigroup on May 03, 2023, Nerdwallet Inc [NRDS] has been rated down from a Buy to a Neutral and the price target has been revised to $14 from $15. Analysts at William Blair started covering the stock with ‘”an Outperform”‘ outlook in a report released in late November. As of November 29, 2021, Truist has initiated its “Buy” rating for NRDS. Earlier on November 29, 2021, Oppenheimer initiated its rating. Their recommendation was “an Outperform” for NRDS stock.
Analyzing NRDS Stock Performance
During the last five days, there has been a surge of approximately 3.10%. Over the course of the year, Nerdwallet Inc shares have jumped approximately 5.11%. Shares of the company reached a 52-week high of $15.27 on 01/28/25 and a 52-week low of $12.97 on 01/03/25. A 50-day SMA is recorded $13.85, while a 200-day SMA reached $13.52. Nevertheless, trading volume fell to 0.82 million shares from 0.33 million shares the previous day.
Support And Resistance Levels for Nerdwallet Inc (NRDS)
According to the 24-hour chart, there is a support level at 13.62, which, if violated, would cause prices to drop to 13.26. In the upper region, resistance lies at 14.17. The next price resistance is at 14.36. RSI (Relative Strength Index) is 49.57 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.09, which suggests the price will decrease in the coming days. Percent R is at 59.05%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
