In a filing, Nerdy Inc revealed its Chief Financial Officer Pello Jason H. unloaded Company’s shares for reported $47543.0 on Jun 16 ’25. In the deal valued at $1.61 per share,29,530 shares were sold. As a result of this transaction, Pello Jason H. now holds 1,930,604 shares worth roughly $2.99 million.
Then, Swenson Christopher C. sold 17,718 shares, generating $28,526 in total proceeds. Upon selling the shares at $1.61, the Chief Legal Officer now owns 1,594,670 shares.
Before that, Blunt Abigail bought 7,370 shares. Nerdy Inc shares valued at $11,792 were divested by the Director at a price of $1.60 per share. As a result of the transaction, Blunt Abigail now holds 196,000 shares, worth roughly $0.3 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 Tuesday, Nerdy Inc [NYSE:NRDY] saw its stock fall -3.13% to $1.55. Over the last five days, the stock has lost -5.49%. Nerdy Inc shares have fallen nearly -8.82% since the year began. Nevertheless, the stocks have fallen -4.32% over the past one year. While a 52-week high of $2.18 was reached on 02/14/25, a 52-week low of $0.73 was recorded on 04/07/25.
Levels Of Support And Resistance For NRDY Stock
The 24-hour chart illustrates a support level at 1.5333, which if violated will result in even more drops to 1.5167. On the upside, there is a resistance level at 1.5833. A further resistance level may holdings at 1.6167.
How much short interest is there in Nerdy Inc?
A steep rise in short interest was recorded in Nerdy Inc stocks on 2025-06-13, dropping by -0.57 million shares to a total of 6.23 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 6.81 million shares. There was a decline of -9.2%, which implies that there is a negative sentiment for the stock.
