In a filing, Nerdy Inc revealed its Director Blunt Abigail acquired Company’s shares for reported $11792.0 on May 23 ’25. In the deal valued at $1.60 per share,7,370 shares were bought. As a result of this transaction, Blunt Abigail now holds 196,000 shares worth roughly $0.35 million.
Then, Blunt Abigail bought 5,000 shares, generating $8,100 in total proceeds. Upon buying the shares at $1.62, the Director now owns 201,000 shares.
Before that, Pello Jason H. sold 76,794 shares. Nerdy Inc shares valued at $128,246 were divested by the Chief Financial Officer at a price of $1.67 per share. As a result of the transaction, Pello Jason H. now holds 1,960,134 shares, worth roughly $3.51 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 jump 0.84% to $1.79. Over the last five days, the stock has gained 7.49%. Nerdy Inc shares have risen nearly 10.80% since the year began. Nevertheless, the stocks have risen 12.89% 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. SMA at 50 days reached $1.5795, while 200 days put it at $1.4223.
Levels Of Support And Resistance For NRDY Stock
The 24-hour chart illustrates a support level at 1.7250, which if violated will result in even more drops to 1.6700. On the upside, there is a resistance level at 1.8100. A further resistance level may holdings at 1.8400. The Relative Strength Index (RSI) on the 14-day chart is 61.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0746, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 8.63%. Stochastics %K at 84.47% indicates the stock is a selling.
