Nerdy Inc’s recent filing unveils that its Chief Financial Officer Pello Jason H. unloaded Company’s shares for reported $0.15 million on Feb 18 ’25. In the deal valued at $1.80 per share,81,381 shares were sold. As a result of this transaction, Pello Jason H. now holds 2,143,805 shares worth roughly $3.56 million.
Then, Swenson Christopher C. sold 58,220 shares, generating $104,796 in total proceeds. Upon selling the shares at $1.80, the Chief Legal Officer now owns 1,685,028 shares.
Before that, Pello Jason H. sold 30,242 shares. Nerdy Inc shares valued at $55,645 were divested by the Chief Financial Officer at a price of $1.84 per share. As a result of the transaction, Pello Jason H. now holds 2,225,186 shares, worth roughly $3.69 million.
JP Morgan downgraded its Nerdy Inc [NRDY] rating to an Underweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including JMP Securities’s analysts, who decreased its forecast for the stock in early November from “a Mkt outperform” to “a Mkt perform”. Cantor Fitzgerald also remained covering NRDY and has decreased its forecast on November 08, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. Raymond James revised its rating on August 09, 2024. It rated NRDY as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of NRDY
On Friday, Nerdy Inc [NYSE:NRDY] saw its stock fall -2.92% to $1.66. Over the last five days, the stock has lost -15.74%. Nerdy Inc shares have risen nearly 2.47% since the year began. Nevertheless, the stocks have fallen -45.75% over the past one year. While a 52-week high of $3.28 was reached on 02/14/25, a 52-week low of $0.73 was recorded on 01/13/25. SMA at 50 days reached $1.7494, while 200 days put it at $1.4633.
Levels Of Support And Resistance For NRDY Stock
The 24-hour chart illustrates a support level at 1.6167, which if violated will result in even more drops to 1.5733. On the upside, there is a resistance level at 1.7267. A further resistance level may holdings at 1.7933. The Relative Strength Index (RSI) on the 14-day chart is 41.30, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1445, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.74%. Stochastics %K at 14.89% indicates the stock is a buying.
