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. Nerdy Inc shares valued at $11,792 were purchased by Blunt Abigail on May 23 ’25. At $1.60 per share, Blunt Abigail acquired 7,370 shares. The insider’s holdings grew to 196,000 shares worth approximately $0.35 million following the completion of this transaction.
Also, Blunt Abigail purchased 5,000 shares, netting a total of over 8,100 in proceeds. Following the buying of shares at $1.62 each, the insider now holds 201,000 shares.
Before that, Pello Jason H. had sold 76,794 shares from its account. In a trade valued at $128,246, the Chief Financial Officer traded Nerdy Inc shares for $1.67 each. Upon closing the transaction, the insider’s holdings decreased to 76,794 shares, worth approximately $3.53 million.
As published in a research note from JP Morgan on November 11, 2024, Nerdy Inc [NRDY] has been rated down from a Neutral to an Underweight. Analysts at JMP Securities downgraded the stock from ‘”a Mkt outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in early November. As of November 08, 2024, Cantor Fitzgerald has decreased its “an Overweight” rating to a “Neutral” for NRDY. Earlier on August 09, 2024, Raymond James downgraded its rating. Their new recommendation was “a Mkt perform” for NRDY stock which previously was a “an Outperform”.
Analyzing NRDY Stock Performance
During the last five days, there has been a surge of approximately 4.65%. Over the course of the year, Nerdy Inc shares have jumped approximately 11.11%. Shares of the company reached a 52-week high of $2.0200 on 02/14/25 and a 52-week low of $1.1500 on 04/07/25.
Support And Resistance Levels for Nerdy Inc (NRDY)
According to the 24-hour chart, there is a support level at 1.7667, which, if violated, would cause prices to drop to 1.7333. In the upper region, resistance lies at 1.8667. The next price resistance is at 1.9333. RSI (Relative Strength Index) is 61.02 on the 14-day chart, showing neutral technical sentiment.
