Nerdwallet Inc’s recent filing unveils that its Officer The Margaret Yount Charitable acquired Company’s shares for reported $0.62 million on Jan 24 ’25. In the deal valued at $13.84 per share,44,481 shares were bought.
Then, The Yount Revocable Trust U/A/ bought 302,137 shares, generating $4,181,576 in total proceeds.
Before that, THE SMB CHARITABLE REMAINDER T bought 44,481 shares. Nerdwallet Inc shares valued at $615,617 were divested by the Officer at a price of $13.84 per share.
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 -2.62% to $7.80. Over the last five days, the stock has lost -16.40%. Nerdwallet Inc shares have fallen nearly -41.35% since the year began. Nevertheless, the stocks have fallen -43.52% over the past one year. While a 52-week high of $16.45 was reached on 01/28/25, a 52-week low of $7.55 was recorded on 04/07/25. SMA at 50 days reached $10.90, while 200 days put it at $12.79.
Levels Of Support And Resistance For NRDS Stock
The 24-hour chart illustrates a support level at 7.53, which if violated will result in even more drops to 7.25. On the upside, there is a resistance level at 8.24. A further resistance level may holdings at 8.67. The Relative Strength Index (RSI) on the 14-day chart is 25.53, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.92, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.32%. Stochastics %K at 17.34% 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 2025-03-14, dropping by -0.64 million shares to a total of 2.22 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 2.86 million shares. There was a decline of -28.76%, 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.
